1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Condo investment?

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

  1. adrien23

    adrien23 Regular Member

    Joined:
    Aug 19, 2009
    Messages:
    323
    Likes Received:
    55
    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

    Joined:
    Apr 7, 2010
    Messages:
    562
    Likes Received:
    325
    Occupation:
    Starship Captain
    Location:
    Pluto / Spathiwa
    (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.