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Purchasing a Pre Construction Condo

Purchasing a Pre Construction Condo
Transit City Tower 4 - 100 New Park Place , Vaughan , Ontario
The entire market has seen a number of constructions boom in the last few years due to which there is an increase in the number of luxury new or old as well as pre construction condos for both sales as well as rent. The Developer optimism is yet growing it is proposed by a large group of people that there are certain condo projects going on. Usually, the Pre-construction condos in Canada are built for providing supply in order to fulfill the rising demands for residential properties both from investors as well as the buyers. Nest and Castle offers a number of pre-construction properties at a low price. In all the pre construction properties, a buyer invest certain unit before the project actually starts. With the rising land is available and at the same time the economy becomes stable, usually, pre construction condos are constructed in order to help in the development of the cites and provide the investor's certain opportunities.
River & Fifth Condos - 5 Defries Street , Toronto C08 ,Ontario
Advantages

• The Valuation calculation as per square footage is far better. Pre construction condos offer a great value in comparison with the other investment options.
• When an individual purchases a new construction property early during the pre-construction phase, he or she might be able to customize many features, it includes the paint colors and also the appliances, in order to suit an individuals personal tastes.
• One will have more time to save up for their condo, by just paying the builder a series of smaller payments as the deposit amount. The deposit amount usually adds up from 20 to 25% of the total purchase price till the time of occupancy, it entirely depends on the builder’s deposit structure.
One will get a brand new project. New condos usually seem to be far trendier, it is more upgraded and offers better amenities than their resale counterparts.
Low maintenance fees. New buildings usually require less maintenance, which means less long-term budgeting. And there is usually no renovations at all for at least a decade.
Playground Condos — 45 Strachan Avenue , Toronto, Ontario
Purchasing a Pre Construction Condo
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Purchasing a Pre Construction Condo

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