It’s time to take a deep breath and jump into the cold water, head first. Reality is here to stay. Houses are simply too expensive and with strong dollar and stable economy, downtown condos averaged 10% increase each year for the past 7-8 years.
IMHO the best option is to buy a condo off plans. It’s cheaper and safe alternative to buying a re-sale condo that has no TARION warranty and does not utilize the latest in construction technology.
As Liberty Towers and Bliss are now sold-out (“I told you so”), the next opporrunity is Liberty On The Park. It’s a fairly priced 210-unit building overlooking the park at the centre of Liberty Village. We’re pre-selling it now and you won’t get the price and selection once opend to the public.
- Liberty On The Park Condominiums
- Liberty Village (while you can)
- Keys To The VIP
- How to Invest in Condos: The Seven Stages of Condo Investing
- Investing as Ownership