If you’re thinking about buying a property in a metropolitan area such as Toronto or Vancouver, there’s a good chance you are considering a condo. Condos are, after all, a (mostly) affordable entry point to homeownership as well as an attractive investment opportunity to even seasoned investors.
Most condos are located centrally to services and public transit, boast more amenities than you have time to use, and require limited maintenance. Given the size of most units, it would seem hard to ‘screw up’ your selection within your tastes and preferences.
Unfortunately, it’s not that easy. Condos are not homogenous goods with consistent quality and aesthetic specifications, and you have to measure them against some sort of framework.
Brian Persaud, author
This is where author and real estate authority Brian Persaud saw an absence in good narrative on the subject. Taking you through identifying the right market conditions to the final unit inspection, Brian’s Investing in Condominiums: Strategies, Tips and Expert Advice for the Canadian Real Estate Investor stands alone as a complete guide.
Through a series of guidelines, case studies and expert ‘Tales from the Trenches’, you gain the insight to find the best unit in the best building in the right location at the right time.
Specific and comprehensive, no detail is overlooked: Brian even translates the legal jargon of common builder clauses to language all readers can follow, and provide numerical examples to some of the more complex investment decisions.
Each new concept is followed by a complete checklist which buyers can reference at every stage of the buying process.
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