Is it a good time to buy a condo? More and more people are asking themselves this, looking to break into one of Canada’s hottest housing markets, or to downsize their empty-nest homes.
And the answer is frequently yes.
These days a condo makes sense from an investment point of view – even when housing prices dip in the city, condominium values tend to remain strong and even increase. And the condo-building boom in Toronto continues.