Access to free cable or internet services through prominent rental companies
Access to free cable or internet services through prominent rental companies
True North definitely! Vancouver offers a lively scene, though I’m curious about the rental costs. A micro-apartment style is gaining popularity, with spaces around 300 square feet. There’s been buzz about micro units in areas like Wastings and Pain, but they’re mostly seen as temporary spots rather than long-term homes. The downsides of owning such small units include a limited market and less favorable lending options from banks, which has led to a drop in mortgage rates—like the 3.08% RBC rate mentioned recently. A better option could be renting from a homeowner who offers a basement or master bedroom with an en-suite. This might come with perks like cable TV, internet, and maybe even streaming services. Be mindful of noise issues in basements, especially with kids around. Exploring the buildings while you shop can give you insight into how they’re managed and their construction quality. Concrete floors are ideal, and a top-floor spot could be perfect for relaxing with Netflix.
I was paying just shy of $3,500 for a 2 bedroom apartment. To be fair though, life in Vancouver is completely different than what you might be used to where you live. Really, when I eventually move back, I'll likely be looking for a small apartment like the one you described; life in Vancouver is rarely spent at home. There's so much to do, why would you spend time cooped up inside? Banks don't really mind the size because real estate in Vancouver will hold it's value, it's a much smarter investment than real state elsewhere. Personally I'd rather rent an apartment than a room, at least then you have a much greater sense of privacy.