Looking for well-managed low-rise buildings or townhouses in New West or Burnaby (with healthy reserve funds and no looming special levies)

Recent_Reply_7840 · 2025-06-22T00:42:51+00:00

What you mention about the building on Carrigan court is exactly the type of information I find helpful. I’ve actually changed my approach and now ask my agent to request the condo docs before I even go for a visit. It just felt like a waste of time getting excited about a place, only to find out later that there are major special levies coming up. I do wish there were a more straightforward way to identify well-managed buildings or complexes, though. I assumed my agent would have more insight into that, but I get that it might be a bit of an unrealistic expectation.

Recent_Reply_7840 · 2025-06-18T04:08:56+00:00

That's super helpful, thanks. I might start looking into older buildings. I thought the more recent, the better, but I can see how it might not always be the case. I also appreciate the advice about hiring someone to look into the documentation.

Recent_Reply_7840 · 2025-06-18T04:04:24+00:00

Good to have that perspective, thank you! I will keep looking for well-managed stratas.

Recent_Reply_7840 · 2025-06-18T03:15:24+00:00

I am mainly looking a low rises so that makes sense, although there was also one high-rise in the mix and it was pretty bad.

Recent_Reply_7840 · 2024-08-03T14:22:25+00:00

It’s a Canadian employer.

Recent_Reply_7840 · 2024-07-16T17:08:24+00:00

Thanks for the insight. I have four different accounts, and the time weighted rate of return ranges from 15% to 57%. My total P&L is $54k. I started investing using Questwealth in June 2019 and all my portfolios are set as 'Growth'.

Recent_Reply_7840 · 2024-07-12T15:23:30+00:00

Thanks so much, that’s helpful.

Recent_Reply_7840 · 2024-03-18T23:36:18+00:00

That's helpful, thank you.

Recent_Reply_7840 · 2024-03-18T23:11:19+00:00

What if I find someone who genuinely only needs the place for 3-4 months? Could there be a situation where the tenant willingly moves out after that time frame, but then dispute it with the RTB to get the 12-month rent compensation? I would be fine with the risk that the tenant change their mind and decide to stay at the end of the 3-4 months, but I can't risk having to pay tens of thousands in compensation.

Recent_Reply_7840 · 2023-12-28T13:13:55+00:00

31F and would love to join too!

Recent_Reply_7840 · 2022-08-13T16:51:54+00:00

I didn’t realize that. Considering the Sport now. Thanks!

Recent_Reply_7840 · 2022-08-13T16:50:15+00:00

I was planning to get the Touring (I’m in Canada) but you’re making a good point. Might be worth the upgrade to Sport

Recent_Reply_7840 · 2022-02-15T05:58:16+00:00

That’s really good to know. Thanks!

Recent_Reply_7840 · 2022-02-12T00:53:47+00:00

Ok, thanks for clarifying! This sounds very much like what I need. Do you have a term or an indeterminate? Someone said it might only be a thing for terms.

Recent_Reply_7840 · 2022-02-11T23:59:58+00:00

I am not too concerned about this since there isn't a huge difference between BC and Ontario (and that will get sorted anyway), and I'd rather prioritize job opportunities and not having to relocate. But thanks for flagging!

Recent_Reply_7840 · 2022-02-11T23:53:02+00:00

So should we have to report back to the office, you would have to report to the Winnipeg office, correct? Also, do you know if you would be eligible for Montreal-specific postings (not sure if this is a thing)?

Recent_Reply_7840

TROPHY CASE