By Eric Skicki
Mississauga has been entitled the safest city in the GTA, drawing local buyers as well as foreign investors. Square One condos have become a popular hot spot over the last few years. It is attracting due to its new developments, newer stores inside of Square One Mall etc. Buyers from all over the world are investing in Square One condos condos, as prices remain below the Toronto skyrocketing price demands.
Investing in Square One condos can only benefit you. The city is moving at a fast pace, going from a Suburb of Toronto, to the 6th largest city of Canada. This in turn means, that when you invest in Mississauga condos, the value of your unit will keep increasing, since the demand will go up, as well as the popularity of Mississauga.
Keep in mind that Mississauga is still a new city and there is lots of room for new Square One condos to be built. Over the next 20 years there are almost 15 more buildings planned to be constructed.
When you invest in a Square One condos, you may decide to make a few changes within your unit in order to profit later when you decide to sell your Mississauga condo. Many like the easy access of Mississauga condos. They are located close to Square One Mall, Whole Foods, Highland Farms, Jack Astor’s, AMC Courtney Park movie theatre, Empire theatre, Coliseum theatre and so much more. It is a 15minute drive to Pearson International Airport and a 30minute drive from Toronto. The city of Mississauga is not only accessible by the seven highways that run through the city, but by the diverse Transit system. It consists of GO Buses and Trains, Miway buses and it connects to Brampton’s and Toronto’s subway systems.
Are Square One condos a Good Investment?
It seems this way. Buyers are purchasing in winter months as well as in summer months. Therefore, you will never have the fear of ‘Will I be able to sell my square one condo? What if I just don’t sell my Square condo?’ You will sell your condo regardless of the season, or location. It just depends on the price of your unit. But be sure that the price of less popular locations, will increase at some point. So if you invest in a condo at a location that is not the greatest because you didn’t have much money at the time, the price of your unit will go up eventually since the rest of the area’s prices will increase.
Investing in Square one condos is not only good because renting prices are getting ridiculous, it’s also a great way to secure your pension. If you buy at let’s say 30, but you decide to rent for a few years, so that the mortgage pays itself off. Then later on you will have something to fall back on. Maybe you will have saved up enough from the rent to put towards your pension
About the Author: Eric is a real estate agent in downtown Mississauga. Please check out www.mysquareonecondo.ca for more tips for investing in
Square One condos
and
Square One condos for sale
.
Source:
isnare.com
Permanent Link:
isnare.com/?aid=1431432&ca=Real+Estate