ALL ABOUT CONDOS
CONDO QUESTIONS
We’re lucky that in the city of Toronto we have such a huge variety of condos available. Picking the condo that is right for you is going to come down to a lifestyle decision. Before going out to look at buildings I like to meet with my clients and discuss their individual needs and wants as there are many different things to consider when looking to purchase a condo:
HOW DO I KNOW IT’S A GOOD BUILDING?
Both house and condo buying require a certain level of compromise. The landscape of the condo market is one that is changing on a yearly basis. This past year we saw more buyers returning to the condo market as they were being priced out of the housing sector. We have also seen an increase of very high rise towers with suites being purchased by foreign investors and renting the spaces out. It’s best for us to sit down and discuss your exact needs so that I may suggest possible buildings. I often have inside information about...
CONDO OR HOUSE?
We are very fortunate in the city of Toronto to have different housing options. So, if the thought of owning a house seems daunting or just not the right fit for your lifestyle there are other options. The primary being a condominium. One of the biggest benefits to condo living is it’s turnkey lifestyle and essentially lack of maintenance. This hassle-free living does come at a price though. Condo owners pay monthly fees referred to as ‘condominium fees’.
So when deciding between a condo or house, it’s best to consider your lifestyle, how long you plan to live in the space and your budget.
Here are some advantages to each:
