If you are heading off to UVIC or Camosun this year and you are dreading finding rental accommodation for a number of reasons: availability and throwing your / parents hard earned money out the door why not check out another option. With the cost of renting in Victoria these days it is possible to buy a property for a similar monthly payment and then when you finish school if you decide to move away from lovely Victoria you can sell your property and in most cases make a substantial return on your investment.
You may be thinking “wow” how could I ever find a place and move in for the begining of September, well it is possible and that’s what I’m here to help you with. Below I have provided some basic numbers and a few examples of properties that are available right now.
Grosvenor Street: 2 bed 2 bath
What makes this property special?
Completely redone kitchen, new floors, granite counter tops and on major bus routes.
The Bottom Line:
Wouldn’t be hard to convince a fellow student to rent the extra bedroom and help pay your mortgage.
The Numbers:
Monthly Payments: $1,190.77 ($600 each a month)
Down payment: $13,700
Cedar Hill X Road: 2 bed 2 bath
What makes this property special?
Walking distance to Uvic, solid building.
The Bottom Line:
Wouldn’t be hard to convince a fellow student to rent the extra bedroom and help pay your mortgage.
The Numbers:
Monthly Payments: $1,086.03
Down payment: $12,495
Poplar: 2 bed 1 bath
What makes this property special?
Walking distance to Uvic, solid building.
The Bottom Line:
Who doesn’t want a pool and a sauna to relax in after exams, and these are such reasonable monthly payments.
The Numbers:
Monthly Payments: $1,107.76
Down payment: $12,745
If you feel like you would like to have an asset that you can sell after school to pay your student loan or you just don’t want to waste money on rent contact me ASAP and we will get you into a fantastic condo. Let me know what you are looking for, when you are available to view property and any other important details.
