3 Patterns Toronto Condo Investors To Be Aware Of!!
I have rented multiple condos recently for my condo investors and I have noticed 3 patterns:
1. People moving to the core due to lower rental prices
2. Co-living: specifically for 2 bedroom condos and 1 bedroom + den where the den is large enough to be a second bedroom
3. People moving from out of town to Toronto! Yes during the COVID-19 pandemic, who would have thought that!!
I also have 2 tips for real estate (condo) investors if looking to invest in a condo:
1. Be picky: look for vacant condos
2. Look for days on market or number of times the condo has been re-listed for sale