In this uncertain and challenging economy... that was tough.I don't think I have a third one... lol

Maybe an older house on land you could buy that eventually might be torn down and a new larger one built.You could also buy in a new subdivision stage zero and when finished out in a few years hopefully have some nice equity growth.I tend to not like areas that are EN VOGUE currently because of a stronger economy.

https://www.macleans.ca/economy/business/ontarios-...Any thoughts on:What alternative structures are working to formalize relationships?

We eventually moved on to a larger house, but because we we were still in a down economy we kept the original  house and rented it out for a few years hoping the walls didn’t come crashing down on our tenants!

Like any deal, make sure you do your due diligence in making sure the location is not only good but the economy in the area will support your apartment.  

You will get minimal, if any, economies of scale and operational efficiencies at the unit size you're thinking about.

Is the economy and job growth any good? 

Here is what really happens when the economy suffers.

There'a  broad based economy, lots of qualified buyers, perfect weather, and so many positive things.

Pretty strong economy.