Micro Condos… The Next Best Investment Strategy for the Toronto Real Estate Market?! EXPLAINED!
We’ve been listening to a LOT about Micro Condos in Toronto these days. The mainstream media headlines have been indicating to us that the micro condominium section has been the toughest hit section within the Toronto Real Estate Market, particularly the micro condos within the Downtown Toronto core. These Toronto micro condos have skilled important worth drops.
BUT… what if I informed you to think about this micro condominium section as the subsequent greatest funding? There is a lot concern and doubt that is been solid onto the micro condominium section that it is oftentimes onerous to really analyze it from a pure funding technique standpoint. But simply give it some thought… demand for this product is at an all-time LOW, which signifies that we will negotiate for a HIGHLY favorable worth from the customer facet. Micro condos are additionally straightforward to hold from a mortgage perspective since they’re the bottom priced product. With micro condos, the entry level to personal a chunk of Downtown Toronto Real Estate is actually low. As you possibly can see, micro condos are checking off plenty of funding bins!
Tune in to this episode of PPTV as I zag whereas most buyers zig round micro condos. I’ll break all of it down so that you can assess whether or not a micro condominium is an efficient funding so as to add to your actual property portfolio.
#MicroCondos #TorontoRealEstate #TorontoRentalMarket #TorontoRealEstateMarket #TorontoCondos
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