Real Estate

Investment - Condo ? or Pre con Home

  • Last Updated:
  • May 23rd, 2017 12:41 pm
Sr. Member
Dec 27, 2005
609 posts
122 upvotes
Toronto, ON

Investment - Condo ? or Pre con Home

Hello All,

I'm looking to buy a property for investment purposes. Looking to put down $200k of my own money .

1.Should I invest in Existing condos and rent them out for long term? - I'm unsure if i should do property Management or self managed. ( This way maybe I can do multiple Condos)
2. Buy a preconstruction Deattached/Semi/Town and either rent and eventually sell ( likely east end - Oshawa, Bowanville )

Where do you guys see a higher return of Investment but again safe.

Thanks All
2 replies
Sr. Member
User avatar
Jul 6, 2008
675 posts
193 upvotes
Toronto
Buy existing or pre-con low rise condo/stack towns/townhouse near future LRT lines, in a good area.
Sr. Member
May 10, 2017
659 posts
467 upvotes
Depends on the location.
I would personally buy an existing one near public transportation location if I could get a solid deal for it.
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