-- The latest move allows investors to purchase condos at development stages, enabling them to get into the Toronto real estate market at lower price points and enjoy higher returns when the unit appreciates after construction.
More information is available at https://condoimmo.com
As part of the update, Condo Immo offers one year of property management services to busy investors who cannot handle their portfolios due to work or other commitments.
The condo market is one of the most important segments of the GTA housing market. The ownership side of the market, according to the Toronto Regional Real Estate Board, has been growing slowly as some first-time buyers are being sidelined by higher borrowing costs and strained affordability, making most of them shift to the condo rental market in the short-to-medium term to meet their housing needs.
To help prospective buyers, Condo Immo scours the market to identify lucrative, low-cost pre-construction condo opportunities that new and inexperienced buyers can invest in, which allows them to position themselves in the local condo market. The company also pairs investors with the right portfolio that suits their needs, budget, and risk appetite.
Buyers who wish to invest with the company will deposit $3000 to $5000, often deducted from the down payment, to reserve a suite. Condo Immo also allows a 10-day rescission period for investors to review the purchase agreement with their lawyers and get pre-approval from their bank or mortgage brokers.
Additionally, the company publishes detailed guides covering everything new buyers need to know about investing in pre-construction condos in the Greater Toronto Area, including the best time to purchase, tax and financial requirements, and project timelines.
About Condo Immo
Condo Immo is a pre-construction condo investment company led by Phalakone Mysay, an experienced real estate investor with a multi-million dollar real estate portfolio and properties in Toronto and Montreal. Since 2016, the team of fully licensed new development condo real estate agents has helped investors process over $30 million in real estate transactions.
“Being a first-time home buyer and an investor in the challenging Toronto real estate market, it was very important for me to find someone trustworthy,” a satisfied client said. “Condo Immo helped me navigate the entire process of finding, financing, and buying my perfect house.”
Interested parties can visit https://condoimmo.com for additional details.
Contact Info:
Name: Condo Immo Team
Email: Send Email
Organization: Condoimmo
Address: 624 King Street West Lower Level, Toronto, Ontario M5V 1M7, Canada
Website: https://condoimmo.com/
Release ID: 89085945