Buyers sold on resale.

It's still cheaper to buy a resale condo than to rent an apartment in Calgary, says a federal agency. The monthly carrying cost on the purchase of a condo through the MLS system--assuming a 10-per-cent down payment and a five-year fixed but discounted mortgage--comes in at between $1,100 and $1,200 per month, says Canada Mortgage and Housing Corp. While the cost is declining, it still takes about $1,600 per month to rent a two-bedroom apartment.

-By Marty Hope, Calgary Herald

For More information on buying Real Estate please contact the Home Sweet Home Team.

Jeff LeBlanc

Home Sweet Home Team
CENTURY 21 THE PROFESSIONALS LTD.
#1, 4600 CROWCHILD TRAIL NW
CALGARY, AB T3A 2L6
CELL: 403-542-6926
OFFICE: 403-509-2121
FAX: 403-509-2130
E-MAIL: jeff@homesweethometeam.ca
WEBSITE: www.homesweethometeam.ca

 

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Jeffrey LeBlanc

Jeffrey LeBlanc

REALTORĀ®
CENTURY 21 Bamber Realty Ltd.
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