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Real Estate experts say Toronto doesn’t have enough condos to house the projected growth. Just think of that fact! Housing in Toronto would never go out of demand as hundreds of thousands move into the city every year. Now that is a good reason to invest in Toronto. When you talk long term value, you’d never go wrong investing in Condos in Toronto.
Unlike single homes, you are not responsible for the exterior maintenance of your condo. You don’t have to reply on tenants to ensure your lawns are regularly mowed. That takes a lot of burden off from investors and retirees and that is another reason to invest in Condos.
If you love pleasure, condos can be your vacation home as you say goodbbye to hotel rents and certain tax.