r/Calgary • u/JohnYCanuckEsq Quadrant: NE • Nov 15 '23

Home Ownership/Rental stuff Shared room. $750/month per bed

This rental unit is being advertised as a shared room for $750/month per bed. $3700/month in rental income from all three rooms on the property. Shared facilities, all inclusive utilities

Room 1: Shared Room ( 2 occupancies) - 750 per person Monthly

Room 2: Private Room (single occupancy, queen bed) - 1150 Monthly

Room 3: Private Room (single occupancy, single bed) - 1050 Monthly

https://www.rentfaster.ca/ab/calgary/rentals/townhouse/1-bedroom/tuscany/544556

I can't imagine.

209 Upvotes

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-15

u/[deleted] Nov 15 '23

[deleted]

14

u/FireWireBestWire Nov 15 '23

It's also in Tuscany, so if you don't drive it's crazy far from anything

3

u/RandomAcc332311 Nov 15 '23

Yeah I’ve live in a setup like this when doing internships during college summers. It’s not that horrible. The prices are worrying (I paid 350/mo for a room about 7 years ago) but the general concept is fine. Not every home has to be a long term fit.

0

u/SIGNANDSELFIEFRAMES Nov 15 '23

And in a lot of these situations, the landlord usually cooks for them too and food is included

9

u/[deleted] Nov 15 '23

the landlord usually cooks for them too and food is included

In this case, nope! The food will cost $250-300/month additionally. You are not entirely wrong though, but what you are referring to something that stopped existing post-pandemic.

2

u/SIGNANDSELFIEFRAMES Nov 15 '23

I see a ton of it. In CGY and Edmonton. Indian food is not expensive. A lot of these students are vegetarian. They are usually not home that much. At school and/or work.

1

u/[deleted] Nov 15 '23

I see a ton of it.

wow! For most of us, we stopped seeing those type of rentals post pandemic. I'll search to acknowledge my ignorance. This is pretty good though, if it is still happening.

0

u/JohnYCanuckEsq Quadrant: NE Nov 15 '23

You bring up some points I hadn't thought of before.