In Canada, each year there are hundreds of national and international students come for study. These college or university students spend a lot of money on their living expenses for four to five years. If you take housing facilities from your school, it will be a big change for you. But if you are thinking about your future then you must understand the importance of real estate.
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Before buying condos, do some research on the developer of condos whether they provide a good quality product?
ď ś Mostly in university areas, the demand for rental property in Toronto is consistently increasing and so the demand for rental condos also increases day by day. ď ś But make sure the rental business is growing. In Toronto, the rental growth has been 50% increase from past 5 years.
ď ś One of the main reasons why students will decide to take condos, apartment or house for rent, because the rooms of university housing are unavailable. ď ś Offering a new condo with all the facilities in a popular rental market is like fishing with dynamite.
The biggest obstacle for the first time buyers is collecting the funds for the down payment. ď ś In Toronto, you could buy fully furnished condos with a 5% of down payment from a total cost. ď ś
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a comparable manner that new car model is priced and sold, scholar rental developments have a tendency to be constructed in stages, with elevated pricing for every new segment.
Suite 703, 481 university avenue Toronto, ON, M5G 2E9 1-800-707-8154 support@circlapp.com