Why a condo?… Why Toronto?… Why a condo in Toronto?…

First, lets answer question number 1 “why a condo?”:

The advantages of buying a condo are really very pretty obvious. Of course, just like owning a house, it has downsides too BUT- consider the following:

The Location: Over the years, developers have built the units in the most sought after, prime locations in every country in the world. Right where the action is so to speak! Near malls, shopping centres, markets, schools, offices, leisure centres, the list can go on and on and on!

The “Community”: Who says there’s no such thing as a “close knit neighbourhood” feel? Since you’re literally living right next to each other (unit wise of course!) all the more your neighbours will look out for you. With such a close group of residents, SECURITY is felt day in and out as you know the people living on your floor or building are people who made security and safety a primary part of their “condo or house” list. Then again, that doesn’t mean you don’t have to lock your condo of course!

The Price: Simple. Generally, condos will cost lesser than the typical family home property. The utilities and maintenance costs alone is definitely lower for condos than family homes. Then again, both sides have pros and cons. For one, changes in property management, which is a case to case basis, is something you can consider regarding owning a condo. Then again, add all the other fees up and you would still have condos weighing lesser than homes.

The “Follow Through”: So what’s next you might ask? I think I did mention in the preceding bullet point that aside from the utilities and maintenance fees, there are other annual fees that may exist as a homeowner compared to being a condo unit owner. For more detailed information re the different fees attached to each type of ownership, please contact a licensed individual who knows the ins and outs of the real estate business right away as fees and costs may vary depending on your city or states’ regulations.

Question number 2: “Why Toronto?”

Hmmmmm.. Let’s see: (Do I really have to answer this?)

According to Mercer's 2009 Quality of Living survey (http://www.mercer.com/qualityofliving), Toronto ranked 15th over all for Quality of Living (among 215 cities in the world) and 18th over all for Best Infrastructure, which is based on electricity supply, water availability, telephone and mail services, public transport provision, traffic congestion and the range of international flights from local airports, and other important factors that determine which cities in the world are the best places to live in. Though the survey is also more expat-centred, I’m sure that would definitely leave a positive mark on everyone’s mind as being ranked way high up there among the world’s best is surely not just enticing. It’s what everybody wants: top notch quality of life and progress. The best of both worlds… all in the same sentence!

So, to answer the last question “Why a condo in Toronto?”, I guess if the things I’ve mentioned to you above still doesn’t convince you, allow me to throw in the following: great people, culture, food, weather and natural resources. It’s everything you’ve always wanted and how you want it. So, why own a condo in Toronto? Well, why not eh?

Calvin Weinfeld is a Real Estate Agent helping people find downtown Toronto condos.

silver bullion bars - profitable investment and the best way to save paper money from inflation! Visit us and find out more!