Condos
Purchasing a condo when it’s in the pre-construction period might seem a little too hasty. With the costs associated with home ownership continuing to climb upwards year after year condominiums can help to play a role in bridging the gap for people who would like to invest in Toronto real estate but cannot afford to buy a home. For example, condos in all provinces and territories are corporations whose units are privately owned and whose common elements, such as elevators and hallways, are owned by all of the condo members.
Whether you’re investing through pre-construction sale, resale or assignment, the Toronto real estate market is a sure bet that the money you invest will yield solid returns. First off, it’s important to know exactly what a condo is. Condos are individually sold units within a communal living complex.
Compared to that $30,000 extra discount they got, that is a small …