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the question is.. is it a good time to buy...? Sure the interest rates are low... but apartment complexes and condos are selling at very high cost right now... the market is booming... Condos (and I think apartment complex also) in Montreal are being built at a crazy rate.. everyone wants a piece of the pie... and maybe soon enough.. they'll be more offers than demands.. and you might have problems just finding tenants (if you bought an apartment complex...)
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