An example is $499,999 for an Etobicoke townhouse sold close to $700,000 and with a downpayment of only 20% that’s a profit of nearly $200,000! The average income of a in the Greater Toronto Hamilton Area is $47,900. It is a trend we’ve seen since 2019.
When you subtract taxes it would take you 6 plus years of work to make that kind of money.
Even better if you want to get started or just have real estate questions fill in the info below and I can give you a call or email. We als have informative articles on condo essentials, such as certificates.
Or if you’re not ready for a chat, look below at some of our featured condos. These are the ones that we hand picked as our favourite (mainly because we think they will bring great returns) condos, so give them a look!
And when your ready so are we!