VIDEO LINK: In August 2019, condos accounted for 57% of all housing starts in Toronto. Of the 72,311 units currently under construction, 61,706 (or 85.3%) are condos. So why all the interest in condos over other housing types? According to CTV News: The number of condo construction starts makes the pre-construction condo market one of the most popular real estate…
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The Ultimate Guide To Buying A Pre-Construction Condo In Toronto
Why Buy A Pre-Construction Condo? After all, aren’t you investing your hard-earned money in something that doesn’t even exist? So what exactly is the value of buying a pre-construction condo over a resale one? What are the risks and rewards, the pros and cons, and which are greater? This guide will walk you through the process of buying pre-construction condos…