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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: trustmanic who wrote (2569)	2/3/2002 8:04:59 PM
From: David Alon	Read Replies (1) \| Respond to of 11633

I was referring to Toronto. Tridel, one of the biggest developers are offering that price. The price for a 2 bedroom apt is running over 1000$, with that money(using that money as a mtg) you could get quite a nice Condo if you are willing to commute. The caveat is, most apts include hydro and taxes in their price, while a condo will cost you that much extra. I also believe there is not much room for thhe apt. reits to move up and the dividend of a little over 7% doesn't cover you on the downside. Which reits are you buying these days? I bought the A&W ,Lexington,APF(O&G),and the Versacold this past month.