Condo investment?

Discussion in 'BlackHat Lounge' started by adrien23, Sep 19, 2010.

  1. adrien23

    adrien23 Regular Member

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    My mother was thinking about investing in a condo being built in downtown toronto. The link is below,
    HTML:
    http://www.torontocondoboutique.com/shop-toronto-condos/dna-3-condos-dna-3-in-king-west-dna-3-dna-3/building/115
    
    Do you guys think it'd be a good idea to go ahead with it, and then sell it upon completion in 2013, or rent it out? Honestly I'm not sure, and I just don't want my mother to go into a bad investment.

    Thanks
     
  2. Fwiffo

    Fwiffo Power Member

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    Occupation:
    Starship Captain
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    (obviously not my site)

    somewhat "opinionated" blog on canadian real estate (you'll probably figure out where the author thinks the market is going in about 2 or 3 posts), however has some very good points - worth a read if you're involved in that market.