Apartment Building Proposed at the Weirs Rotary

[John Mercier]

Not really that much different.
In other cities throughout the world, you can buy your apartment. Pretty much making it what we call a condo.

And even some condos are LTR.

It is really more a difference on the financial side.
The developer can reacquire the capital expense more quickly, and the investor can either inhabit or lease out the condo - not having to own the whole project.