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Stanley Kong
  • Specialist
  • Vancouver, BC
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Prince George, British Columbia Rentals?

Stanley Kong
  • Specialist
  • Vancouver, BC
Posted Apr 19 2016, 23:28

Has anyone had any experience in the Prince George market?

I searched the BP forums and it seems like virgin territory. 

I took a look at CL rental prices for one bedroom it is around $550 - $675 (I'm assuming for forestry and UNBC students) for a 3br unit it costs around $850-$1200. 

I did a quick analysis of a duplex on the market and it proved to be cashflow positive.

http://www.realestateanalysisfree.com/1423-1425-NA...

The reason I took interest in Prince George is because my work (TSX:ZZZ) is actually sending me there for a week or so to train some new staff.

At that time I'm going to schedule a realtor to take me around (anyone have any recommendations?) and at the same time check out the local market.

Before I do that tho.. Is there anything that I am missing fundamentally?

Is it just a ghost town that should be avoided in the entirety?

Can't be THAT bad if Sleep Country decided to open shop there..

Looking forward to hearing from all you smarter people.

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