Choosing The Perfect Condo In Today’s Market
Undoubtedly, there are some opportunities in today’s market for good deals and nice properties. Sure thing, if you are chasing the nicest house in the prestigious area with nice views, there will be at least 10 people involved in bidding wars. But what happens if you want to buy a condominium and you can’t wait? You know that pre-construction projects can be a smart financial move, especially for people who are about to make that move for the first time. Our team is always on the client’s site, and we always stress the importance of knowing more about the project and to self-educate before making decisions.
Let’s buy a condominium?! The desire to buy a house as soon as possible leads to mistakes in the choice of real estate. Even if you are sure that you want to live in this new building and this area, it is still worth considering other options – compare prices, layouts, infrastructure, and conditions of banks for a mortgage in a new building. Find out more about the residential complex – the material and thickness of the walls, the deadlines for the completion of the object, and the cost of utilities/maintenance fees.
Purchasing a condo is an adventure! Imagine the unit has not yet been constructed and you can personally choose features and finishes you want in your kitchen. Many developers promise that they will develop social infrastructure – they will build a school, daycare centers, and a hospital, and on the first floor of the residential complex, there will be a financial institution, grocery store, pharmacy, or fitness club. Remember, all promises must be backed up by a prepared project and a construction permit.
The best way to find out everything about transport accessibility and location is to get to the new building yourself in different ways. Calculate the time it will take to get to work, to school, kindergarten, clinic, shops. It is also important to check how safe your child’s way to school is: whether there are busy sections of road, open intersections, tram tracks, garages, or a construction site.
Planning to have a pet? You aren’t planning to move out in a year or two (that’s happened as well, but are not common situations). Check if it’s a pet-friendly space, is a pet spa somewhere close to or in the building?
Thinking about the design of the apartment, check if the bedrooms have windows, or are saleable if they are interior. Is there room for a desk somewhere in the suite? Also, ask if the countertop in the kitchen can be upgraded according to your preferences.
All this is considered, and more. Our team is thrilled to offer you pre-constructions projects around GTA to find your ideal project for investment with proven returns.