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MICHELLE BROUSSARD
NewBee
reply 1
 

Investment Condos without balcony

Thinking of purchasing a new build condo for investment purposes. Considering a 1 b/r new build in @Bridgeland Crossings, but it doesn't come with a balcony. Is this a huge factor for those looking to rent in the inner city? It does have outdoor green space, and close to a park.
Located close to c-train and Bridgeland amenities.
1
Alberta / General Chit-Chat
 
 
 
MARCO DIFOTI
Senior Buzzer
reply 550 vote 45
 
 
Note: I am not from Calgary, so I am sure there are differences in renters that I am not aware of.

From my experience, the balcony will have little to no affect on renting the suite - unless there are two identical suites being rented at the same time and one has a balcony and one doesn't.

The biggest issue will come when trying to sell your suite in the future. Of course, the more bells and whistles, the more attractive it is to a purchaser. Then again, I would expect little affect due to the lack of a balcony.
 
 
 
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