Tag: condo

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Top Amenities to Consider When Purchasing a Condo

If you are planning to invest your money in real estate like condo units, you have to ask important questions. What is the reputation of the developer? Where is it located? How much does it cost? With all those basics covered, one question that can make or break the deal – what are the amenities?

You should note that great condos are known to provide both comfort and luxury. That explains why real estate designers and developers do everything possible to provide premium amenities. Before you purchase a condo, you should check all its amenities. This is because it is the amenities that will make your life more convenient. Moreover, they add desirability and market value to the condo unit, whether it is sold or leased.

Stunning Swimming Pools

condo buildingIt is rare to come across a new condo complex without a swimming pool. These are not normal rectangular swimming pools; the modern pools come in a wide range of sizes and shapes. The good thing about swimming pools is that they provide a refreshing break from hot days and help you relax after a long, tiring day. To ensure condo owners have the resort-like experience; the pool ought to be accompanied by the added touches like snack bars, changing rooms, and lounge areas.

Touch of Green

Trees and plants help maintain one’s well-being and health as they supply oxygen and reduce pollutants in the air. Condo buyers understand that limited space does not allow them to have their own backyard. Fortunately, most developers are bridging the gap by allocating the common spaces for greenery and gardens. For small developments, green walls and pocket gardens are attached to the building’s exterior and interior. In this way, they break the monotony of steel, cement, and wood around the complex.

Spa and Fitness Center

urban condosIf you are a health-conscious condo buyer, you would like to stay relaxed and fit without having to leave the comfort of your home. In such a case, spa and fitness centers are must-have amenities. A lot of condos have a fitness center that is equipped with modern equipment and spa facilities that can help you to relax and de-stress. Some condos have other wellness and fitness amenities such as outdoor gym and yoga studio.

Common Areas

Most condos have common areas that include hallways and lobby. These are the areas you pay the condo association to maintain. A lobby with added comfy couches, warm lighting, cozy décor, and plush armchairs that make you and your guests feel at home.

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Condos for sale in Toronto

Toronto is a stimulating and vibrant city that boasts of excellent culture, food, entertainment as well as nightlife. It is one of the cities that has come at par with most popular world cities. Today, Toronto is garnering more interest as far as real estate investment is concerned. Investment in real estate seems to be a promising venture whether it is commercial real estate or buying condos. Purchasing a condo in Toronto comes great returns on your capital and many other benefits.

Affordability

Established or new construction condos for sale normally render some reasonable investment option as compared to the single unit dwellings. Purchasing a condominium may help you accomplish a modest budget as opposed to the standalone units.affrodable

Low maintenance cost

Condos are multiple dwelling units. Therefore, the maintenance expenses are divided among all the units thus minimizing the expense used for maintenance. Each condo usually has an association that takes care of the maintenance work, maintaining the lawns hence sparing you from tasks such as repairing the roof. The society also takes care of the common areas so you and your tenants only have to work on your interiors

Rental options

Condos in Toronto can fetch a respectable rental value which is an addition to your capital value gain. You can, therefore, rent out your condo if you do not live in it to earn quite some good money for your other expenses.

Safety

Staying in the multi-dwelling units is much safer than staying the standalone houses. The proximity to the neighbors is also an added advantage if you tend to travel a lot or if you live alone. The shard walls and common areas though narrow always allow for privacy and serves to protect your interests against crimes.

Social circle

servicesStandalone houses offer great privacy but may also restrict your social joy and interaction. Residing in the Toronto condos gives you an opportunity to share common areas like laundry area, garden and swimming pool with other residents hence providing an opportunity to get to understand your neighbors. You enjoy all the pleasures that the social circle provide, but all maintain your privacy within your walls.

Toronto is an exciting city so residing there gives you a lot of exposure to some of the world’s best amenities. Whether investing or residing, it is, therefore, a great ideal to purchase a condo in Toronto.