Alright, what's going on everybody?
So in today's video we're going to take a look at the smallest condo currently listed
on the market.
It's 352 square feet.
So I think that's probably the size of some people's closets maybe.
But hey, location is everything.
You can see we're in a prime downtown location so let's check it out.
Here we are in 007.
This place is, oh.
This place is small.
But I actually kind of like it.
Got a lot of outdoor space.
Okay, so here we are.
I'm going to try to give you a tour, there's not going to be much of a tour to give.
Let me flip this camera around so you can actually see it.
It's actually kind of a cool setup and is somewhat renovated too, so that's nice.
Here's the property.
So usually when you show a house you have to kind of talk about different parts of the
house, but this is just one giant room with a massive outdoor space.
That's actually pretty cool.
Let me get a better view of this for everybody.
The heating cooling system.
So you're on the ground floor.
It's the smallest unit, but these floors actually look like they've been updated.
This kitchen actually has, what do you think of the kitchen counter space?
I think it's actually not bad.
Cabinets look like they might have been updated.
I mean they're not original.
Look at this little baby refrigerator.
This thing is tiny.
Let's see what we can, how big is it?
Little apartment size.
I actually like the set up though.
You have a dishwasher.
I mean, you could actually cook a little bit.
I don't really cook too much myself, but you theoretically could.
And then the bathroom.
So I actually like this place a lot and it's super affordable.
If you can guess the price, this property is actually listed on the market.
Someone's going to look it up and find the price, but it's actually super affordable.
Great location.
I mean, you don't know how many times I'll have a friend that'll move to somewhere that's
really nice, but it's super far away from everywhere and they're like, man I would give
up some space.
I would give up an extra couple of bedrooms or bathrooms to live a little bit closer to
all the action.
So in this property, and you've got the outdoor space.
I mean, the outdoor space might be bigger than the indoor space.
So here we are.
I can almost, see if I can reach from wall to wall.
It's not that narrow.
It's like a living room.
It's like you're living in a living room that also has a kitchen and a bathroom and a closet.
So if you can, and plenty of people, I mean plenty of people's bedrooms when they're sharing
it with another person, this is much more space than that.
So I guess the bottom line is like I wouldn't write off places that are super small.
The one downside, it's going to be harder to resale.
I mean you have to just price it significantly lower than the cops just because there's not,
I mean unless there's a lot of comps, but a place this small it's probably not too many
comps.
And also what I would've done if I was the listing agent, I would probably stage it a
little bit.
I mean it'd be very minor staging, but when you're in just a vacant building, especially
when there's kind of like vacant and been updated, it kinda has like this sterile feel
to it.
So you need to put some plants or like a little table, little bed, get a murphy bed in here,
something.
I probably would stage it.
So that'd be my only recommendation.
But besides that, that property actually shows really well.
So if you're in the market for one of the smallest condos in the city, let me know.
And remember.
Location, location, location.
Keep that in mind.
Even though it's a small unit, I think these hallways are actually pretty cool.
It's like this cool blue color.
It's 007 unit.
And actually, when you walk over here, as soon as you exit the unit, you have stairways
going up.
So easy access to get out, you got laundry.
Oh, that's another thing.
It didn't have laundry.
So laundry is actually right behind me.
That's the laundry facilities just right next door.
So that's pretty cool.
I don't think this building has a rooftop but I'll have to find out.
I'm a big rooftop person so it could be the worst unit in the building but if it has a
rooftop, I'm sold.
All right, so there was no rooftop, but it's a cool, historic building in one of the best
parts of town.
I think a unit like that would be good if maybe you had a house in the suburbs, but
you will also wanted to live in the city so you can have both.
I've seen some clients where they might buy a small condo but then they'll also have like
a country house or maybe that's just what I wanna do.
But I think it would be a good investment because of location.
You could easily rent that property out.
It would be so easy to rent.
Everyone's looking for a nice clean space.
Not everyone wants to live with roommates, so that would definitely be a good option.
Anytime that you buy in like a good, proven neighborhood that's already been developed,
also known as a blue chip "neighborhood", the likelihood, as long as you get a realtor
to run comps and you're paying a similar price per square foot and then maybe you subtract
a little bit just because it's the smallest unit, the value's always going to be there.
Especially if you're in a big city like I am.
So investment wise, it's great.
I think it's a really cool unit
All right.
Thanks for watching this video.
Please subscribe.
Please like, please share.
Let me know if you could live in an apartment or condo that small and I'll see you in the
next one.
All right, bye.