Prior to now condominiums weren’t necessarily thought-about to be a superb funding for quite a lot of reasons, nonetheless that picture has since changed dramatically. Alternatively, you would grow your investment by protecting your previous unit and renting it out: the current common rental value in most neighbourhoods in Toronto can truly cover the month-to-month prices of ownership, including your mortgage fee, maintenance charges, and property tax, usually with a small margin of revenue (which you wish to keep to a minimum to minimize taxable income anyways).Condo

Traditional real property internet sites record particular person condo items and never the precise condominium buildings, making it very tough to do an ‘apples to apples’ comparison of one unit to a different or one constructing ...