Recent content by yuki.river

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    Calgary first-time buyer: is C$22,950 enough cash left after closing?

    C$22,950 would feel tight to me unless the inspection items are mostly optional and your income can rebuild the fund quickly. Before dividing it up, list the genuinely urgent repairs, moving expenses, insurance excess, first mortgage payment and any service charges that actually apply. Keep the...
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    Buy a C$270,000 Montreal apartment or keep renting with high building fees?

    One more practical step: visit the building with maintenance intensity in mind. Look beyond the apartment itself at shared mechanical systems, exterior condition and any work already being discussed. Ask for the available financial and meeting records, then have the purchase terms and local...
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    Buy a C$270,000 Montreal apartment or keep renting with high building fees?

    Be careful with the fallback idea of keeping it as a rental after moving. Tenant demand does not remove vacancy risk, association restrictions, repairs or the management workload from another city. Run that scenario using realistic rent for a comparable unit, then subtract every ownership cost...
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