A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.


Time flies and by next fall your child will be a college or university student. Most likely, you don't live conveniently close to the school where they will be attending for the next 3-5 years, so they will leave the family home. You are probably thinking about all the money that will be spent in the next few years on rental housing or student residence fees.

Here are some of the benefits of investing in housing for your student child:

  • Buy a condo for resale with added value in mind. In the student cities, like Calgary, you'll find neighbourhoods in which condos hold a lot of value and, oftentimes, rise in value. If your child is handy enough, you might want to consider buying a duplex or detached home so that rented extra rooms can help you pay off the mortgage while still saving money compared to paying residence fees.
  • If you have several children who will be students in the next few years, the student housing budget of all will probably be far higher than your mortgage payments and carrying...
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.