Family, Home Life, Personal Finance

5 Reasons Why Condo Real Estate is Sought After

Condo real estate is everywhere, it seems like. There are high rises being built throughout downtown Toronto. Various reasons explain why people are leaving the suburbs with single-family homes and opting for condos in the city.

#1: Beautiful View
Many condo buildings are two, three, and even 20 floors high. As you can imagine, this would provide quite the view of Toronto. You might be able to see the CN Tower, the Gooderham Building, and much more from your living room or bedroom window. You can say good night to the skyline every night, providing a view that not everyone gets to say that they have.

#2: Great Layout
Many lofts are found in the downtown area. It’s a chance to go with a layout that is more conducive to the way you live your life. If you don’t like a split floor plan or having a lot of walls up, lofts provide you with a spacious design.

Various sizes of condos are on the market. You can find ones with gourmet kitchens, luxurious bathrooms, walk-in closets, and much more. It’s all about writing out a list of wants and working with a realtor to find what it is that you want.

#3: Countless Amenities
In addition to the amenities that you have inside your condo, there will also be amenities that are offered by the building itself. This can include covered parking, swimming pools, fitness centers, business rooms, and much more. It allows you to have access to all of the shared spaces as a resident. Depending on the amenities, you might save money by not having to go and get a gym membership or rent a business space when you need to hold a meeting periodically.

#4: Valuable Investment
Condos for sale in Toronto have proven to be a valuable investment. They hold their value for a significant amount of time, allowing you to make your money back when you do choose to sell. Condos are available across a number of different buildings, allowing you to find one that is within your budget. From there, you can choose to live in the condo or rent it out to someone.

#5: Incredible Walkability
Walkability has become a highly desirable feature in homes. By choosing condos for sale in Toronto, you have the ability to walk to various buildings for work, countless restaurants, and a wide array of attractions. With public transportation available, you can also choose to get further without having to rely on a private car. It reduces costs as well as your carbon footprint.

As far as where you can walk, it depends on where your condo is located. However, you will be able to walk in every direction. If work is downtown as well, it provides a significant amount of convenience.

Knowing all of the reasons to explore Toronto condo real estate is worth it. You might find the home of your dreams is actually a loft instead of a single-family home. It’s just a matter of finding the right one for you and your budget. There are resources available at Reza Afshar Real Estate if you want more information.