Why Invest in Pre-Construction Condos
In Toronto’s hot real estate market, an early purchase of a pre-construction condo can usually net a tidy profit once the building is finished. Even with growing concerns about market saturation and shifting costs, pre-construction condos are still an excellent investment - but not for the reasons you might think.
Instead of waiting a few years to turn a small profit on resale, converting real estate into a rental property can be a lucrative long-term investment.Strategically purchasing and renting out an urban condo can build your equity and earn you long-term returns from paying tenants.
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