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Why Toronto Condos?

October 23, 2012 - Updated: October 23, 2012

What's the driving force making you look for Toronto condos? Is it the price? Is it the fact that it's the easiest way to get your feet wet with homeownership especially as a first-time buyer? Do you like the lifestyle that goes along with owning your own condo? No matter what your reason is for purchasing a condo, you'll have an incredible selection to choose from in the city.


Boy is there a lot of selection! At any given time there can be about 18,000 condos on the market in the Toronto area. This means that there is a condo just sitting there waiting for you to own it that matches your specific requirements.


Do you need a three bedroom to accommodate you and your growing family? No problem. You'll have a lot to choose from.


Are you looking for a condo that has specific amenities such as a fitness area and a swimming pool? There are a lot of these condos available too!


Do you need something that is small and cozy that is perfect for a single person and near some of the Toronto action? You'll find various Toronto condos in different parts of the city, including downtown that will offer you the lifestyle you want and one that you can afford.


A variety of price ranges


In general, prices for condos in the Toronto area tend to go down the further away you step from the downtown core. Of course, there are certain affluent sections in town where the prices are high but for the most part you'll get more condo for the money when you're willing to live a little more on the outskirts.


With the vast range of prices for condos across the city you'll often end up paying less for a monthly mortgage than you would pay for renting an apartment in Toronto. When you also factor in that your payments will be going towards building up equity in the property it really makes a lot of sense to own instead of rent.


If you're tired of paying high rent every month and want to explore the Toronto condos that are on the market right now it's just a matter of looking through the MLS® listings and then narrowing down your choices. With all of the condos listed right now, you're sure to find one that you absolutely fall in love with.

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