Buying or Selling a CONDOMINIUM

Is it time to SELL? Time to BUY? The downtown Toronto condo market is stable, which makes a good investment, and the opportunity for profit when you sell. Condominiums in the downtown Toronto and GTA area are at an all-time high and climbing in terms of investing in real estate in Toronto, condominiums make sense from an economical point of view for those who want to be downtown with all the conveniences. Condos are currently the best option for first time buyers and new people moving into Toronto, specifically C01, C02, C08, and C09.

Wondering whether condos are a good investment? For the most part, you cannot go wrong in the long term. Most real estate-aware Torontonians know full well that the condo market has skyrocketed over the last five years—double-digit percentage increases in value nearly every year. If we look back to the preceding decades, the value increase of condos was more in line with 5%. 

Apart from perceived affordability, however, there are many other drivers to the great demand for condominiums in Toronto, such as population growth, immigration, and modern lifestyle choices. Many people are also choosing these because they are deemed a more convenient option than traditional housing, tucked in the suburbs or some other part of town, away from local amenities. Condominiums are generally designed to be close to everything, which cuts people’s commute times significantly, all while providing better transportation alternatives, and access to work and recreation. 

Buyers may find purchasing a new home or condominium is somewhat daunting with all the choices available to them. Suzanne Keen likes to understand her clients and help them find the solutions they are looking for. Being knowledgeable and experienced in all aspects of home/condo purchasing makes it easy for buyers to get through all the options in a manner that works for them. Knowing what to watch out for, showing them what is good and what is not so good, so the buyer can make the best decision for them, is a talent. That is what it will be like working with Suzanne Keen.