I quickly browsed the Realtor’s website while having lunch at my desk. The following quote is very telling. There’s a good chance that this Realtor’s condo is under purchase price right now. (sorry but I can’t get this portion to be non-italicized. Bug somewhere?).
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The benefits of investing in a Condo Conversion are numerous but the most important benefit is that of being inducted into the exclusive club of homeowners at a bargain basement initiation fee. I am the proud owner of a Condo Conversion located in Hillcrest. I bought my condo at Cliffbridge Estates in 2005 and have had nothing but positive experiences as a result. The conversion itself was done beautifully, and since it’s purchase in 2005, the property has gone up in value, pleasing me immensely.