Toronto’s property market has never looked better. Rock bottom interest rates, developer incentives and a positive future outlook for the industry have attracted attention both locally and internationally. Investors are looking to capitalize on exciting investment opportunities in the city and you have the chance to do the same.
Now is the ideal time to purchase pre-construction condos for investments while there are still options with market-beating growth potential available.
Here are the top 4 reasons to buy a pre-construction condo in these current market conditions:
A great, limited-time investment window
In Toronto, the real estate market continues to show strong growth, far outpacing other city centers around the world. But with these current statistics and future growth projections comes a more competitive market and fewer opportunities to purchase pre-construction condos for investments. Now is the time to step up to the plate and buy, rather than waiting for condos to become outpriced or risk missing out on the incentives that condo developers are currently offering.
Looking to the future
Property prices are set to continue to surge due to the low borrowing interest rates. Investors in particularly are looking to capitalize on the news that the Bank of Canada has opted not to increase the interest rate from the current 0.25%. Analysts project a healthy housing market, with growth in 2021 at 5.4% and 3.7% in 2022.
A diverse portfolio of pre-construction condos for investments
From Church-Yonge to Annex and Mount Pleasant West to Willowdale East, Nikki has a diverse portfolio of exciting investment opportunities for savvy buyers.
To view Nikki’s full portfolio, have a look here.
Your chance to get ahead
With strong growth forecast for the next few years and pent up demand from the last few months, now is the ideal time to get into the property market. If you’re ready to take the next step, start by looking at pre-construction condos for investments. And, if you need honest, unbiased advice, Nikki can help. Her years of experience in the industry and a personalized approach to matching buyers with properties will ensure that you find a pre-construction condo that perfectly aligns with your investment strategy.
Nikki is a well-established real estate wealth strategist in Toronto and has access to new pre-construction condos for investments as they come available, so you know that you’re getting the cream of the crop when it comes to investment opportunities.