#309 – 50 Inverlochy Blvd is officially off the market and is my client’s new property! Congrats to my wonderful clients and I wish you all the best with your next investment.
I have been speaking a lot about finding value in the current market, and we managed to do just that with this property. The unit is in tremendous shape and we ended up securing it for $35,000 less than the last comparable unit sold, with stacking conditions in the offer.
This is not going to last and savvy buyers are taking advantage. There are pockets throughout the city that are seeing a lot of product and will need to see units absorbed before upwards price pressure can accelerate again. You should be aware of where these areas are, and how to take advantage of the current opportunities.
Reach out for a chat anytime!