totally. ![Grin ;D](https://www.autos.ca/forum/Smileys/CarTalk/grin.gif)
yeah. i figured condos didn't make as much sense as houses. numbers typically don't jibe.
some of the condos are very cheap in calgary nowadays, but condo fees are out of whack.
i saw one condo in not even that good neighborhood, with no amenities like gym or pool that has condo fees in the upper $600 /m ....
most decent ones has condo fees in upper $400 or low $500s.. -_-;
save up few more years and should buy a house instead...
I guess you have to compare apples to apples
So condo will have heat & cooling in their price
Get a townhouse if you cannot swing a a detached
At least you have something for your rent
We have rental townhouse ( long ugly story there) we had it on the market for 130,000 no buyers , renting it now for $1100/ month and people were lining up to rent it
For less then $500 u can get a $100,000 mortgage
I rather buy then rent