Small is beautiful, when it’s home!
February 2, 2011 by marieleonard
Vancouver now has one of the lowest rental vacancy rates in Canada and demand is forecast to increase with 40,000 newcomers moving here during the next year, says Canada Mortgage and Housing Corporation.
In downtown Vancouver, the vacancy rate for a small bachelor suite now hovers at one per cent, and anyone fortunate to find a suite will pay an average rent of $850.
If you’re thinking of buying a condominium, this could be a good time. There are smaller units on the market and some of them come with big features such as a swimming pool and a peak-a-boo view.
Call us at 604.669.8484 and see if there is a smaller unit in your price range.