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Updated about 1 year ago,
New member in Vancouver, BC seeking Alberta
Hi All, have spent a few days browsing these forums. Longtime entrepreneur (education & e-learning space) that is finally putting in more energy and effort into RE investment in Canada outside of REITs and personal homes.
We have a trip to Edmonton & Calgary next week for an initial scouting. Looking for a blend of income + cap gains. Given that other Canadian markets have appreciated immensely, we feel these two markets will be next despite cyclical dependence on oil in the past. Opinions? Are we completely off and it is just an energy cycle now?
Also, if you were to invest in homes with legal suites or smaller multi-family (4-6 units) which neighbourhoods would be on your radar? TIA.
Looking to learn more with everyone here!