FR: One bedroom condo in the beltline

[s2k_boi]

Beautiful one bedroom plus flex room located in the beltline (connaught) on the 20th floor of the Nova building with heated underground parking. This unit comes with laminate and tile floors, high end stainless steel appliances, quartz counters. Close proximity to downtown and lrt station. Stunning view of downtown and the river. Unit is fully air conditioned. Don't miss this opportunity. Available Nov 1st. No pets. Security deposit - one months rent. Term - 1year. All utilities included except electricity. Pictures to come or message me and I can email them. $1900/month

http://www.rentfaster.ca/calgary-apartment-for-rent/beltline/fabulous-1-bdrm-condo-in-nova-109214

[chkolny541]

Holy shit, is this really the calgary real estate market?

[BigMass]

Originally posted by chkolny541
Holy shit, is this really the calgary real estate market?

there a lot of affordable rentals in the same area with way more space. As long as you don't NEED a new building or stainless steel appliances or minerals in your countertops you're fine. Seems ultra high to me but what do I know anymore. It's worth what someone is willing to pay, but that someone won't be me lol.

[lasimmon]

Yah not sure how anyone would actually pay that. That's crazy.

[Prail]

Seems high.

We rented out for $1900 a 900 sq ft 1 bedroom right in the core at 6 + 10th, and looking at comparables thought we were getting to be on the high side.

[cam_wmh]

Looks to be priced to the market if it includes underground parking.

It's priced high if no parking.

[s2k_boi]

Originally posted by cam_wmh
Looks to be priced to the market if it includes underground parking.

It's priced high if no parking.

It comes with heated underground parking and storage locker.

[grampafunk]

seems pretty bang on... and yup. its ridiculous

[Feruk]

That's Calgary RE for you. Gotta consider that OP probably paid over $300K for it. At that cost, to for him to ever even break even, $1,900 is light.

[muse017]

Recently sold very similar unit for over 410,000 so I don't blame him. :nut:

[chkolny541]

Originally posted by muse017
Recently sold very similar unit for over 410,000 so I don't blame him. :nut:

can you post a link for this?

[suntan]

Sweet fuckers. I've been looking at some units to buy and I wondering if I could charge that much. I guess I can!

[muse017]

Originally posted by chkolny541


can you post a link for this?

I don't have a link but it was my unit at Luna. 20th floor, downtown view, 725sqft, 1bed + den. $413,000

[mazdavirgin]

http://jordanlotoski.com/mylistings.html/details-41554359

:dunno: 500k for a 2 bed 2 bath place downtown same building. The rent doesn't seem so unreasonable when you take into account the price. Then again it's probably further indications the market is way way too high at the moment but that's neither here nor there.

[suntan]

And urban twits wonder why people buy in the suburbs...