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Updated about 3 years ago on . Most recent reply

Victoria Pattemore's profile image
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Victoria Pattemore
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Canadian Real Estate

Investor Experienced Real Estate Agent Recommendations in Calgary

Victoria Pattemore
Posted

Looking to invest in small multifamily ~5-10 units in YYC - Does anybody have any Commercial Realtor recommendations?

Thanks in advance!

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Cory D Sperle's profile image
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Cory D Sperle
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  • from Kelowna, British Columbia
  • Member since May 29, 2017
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Cory D Sperle's profile image
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Cory D Sperle
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  • from Kelowna, British Columbia
  • Member since May 29, 2017
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Cory D Sperle
  • Investor
  • Kelowna, British Columbia
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Cory D Sperle
  • Investor
  • Kelowna, British Columbia
Replied

Can I ask why 5-10 units and why Calgary?  Edmonton has rents only slightly lower and prices are at least 20% less than Calgary.  You also get much better economies of scale if you buy 15+ units.  The fees to go commercial generally aren't worth it on these smaller buildings unless you hit a home run.

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