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Here are the best 5 tips for investing in pre-construction condos in GTA. Visit our website for more information.
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Timely Investment Pre Construction Condos Investment GTA timelyinvestment.ca
Table of Content Know Your Goals Know Your Budget And Closing Costs Know Neighbourhood Closely Know How To Make A Good Deal Make Sure You Play By The Rules
Know Your Goals The type of product you invest in depends on your goals as an investor. Are you investing in equity or looking for an investment that would generate cash flow? Cash flow Return on equity
Know Your Budget And Closing Costs Make sure you know how much cash you need and how much loan you can afford to carry. This will affect the types of properties to evaluate when investing.
Know Neighbourhood Closely Focusing on the price per square meter is an excellent indicator of the return potential of an investment. Look for gentrifying neighbourhoods that have a lower price per square meter compared to a comparable unit in the same neighborhood.
Know How To Make A Good Deal There are many other factors to consider when looking for a profitable investment condo in GTA. Some of these include: Does the builder have a good reputation? Does your space or floorplan get you rent for a premium? Is there future infrastructure development in the area?
Make Sure You Play By The Rules Make sure you follow the rules when investing. This includes understanding the rules for short-term leasing to flipping condos and the associated financial consequences.
Get In Touch With Us Company Address Phone Number Email Address 8300 Woodbine Ave, 5th Floor 647-960-1559 jd@timelyinvestment.ca Markham, ON L3R 9Y7 timelyinvestment.ca