Rental shortage vs Condo Conversions
Condo conversions have been an expanding portion of Winnipeg’s condo market. Some feel that is hurts the rental market, as the tenants have to move on. However there are developments that have been sold as investment purpose only, and for those looking at beginning an investment portfolio, a conversion unit with renters that want to stay can be a good option.
The following Winnipeg Realtors article will give you some insight.