Buying pre-construction homes in Ontario offers many benefits. You often get a lower price, as developers want to attract early buyers. The deposit is usually spread out, making it easier to manage.
Ontario’s housing market has been growing. In some cities, condo prices went up a lot in just 2-3 years. This means your investment could grow too.
Ontario is big and diverse. It has 38.5% of Canada’s population. For the first few years, your investment is hands-off. When it’s done, you choose: live there or rent it out.
Many people are looking at both pre-construction condos and homes. Toronto’s high demand has pushed up both rent and buying costs. New builds have the latest designs and features. This makes them more valuable and attractive to future buyers or renters.