E-news Test

Maya Norton • 123 REALTY

3 THINGS TO LOOK FORWHEN BUYING A CONDO Thinking of buying a condo? Great idea! Not only are they easier to manage thanks to their smaller size and the absence of a large yard, they’re also an excellent choice for those looking to live in the heart of a city. Here are three things you should look for when picking out the condo of your dreams. 1. The right price. Not only do you want to pay the right price to help keep your mortgage payments manageable, you also want to factor in resale price. No one likes purchasing a property – condo or not – that can’t later be sold for a profit. 2. Affordable condo fees. While you might be thinking the lower the condo fees the better, be wary of too good to be true situations. The money you pay for fees is the money that is invested back into your building and its amenities. The nicer the building, the higher the fees are likely to be. However, also consider how many units there are in the building. The more units, the more the fees will be split. 3. Great neighbours. Since you’ll be living in close proximity to your neighbours, it’s extra important they be good ones. Of course, you might not get to meet them before purchasing, but ensuring the building houses people with a similar lifestyle to yours is a step in the right direction. It Just Got Easier!