Killing two birds with one stone. That’s what many parents are thinking when they purchase a condo for their university-going children to reside in. And what a great idea that is. Instead of paying money towards rent, why not put that money towards a purchase, and reap the financial rewards long after your children have finished university. A two bedroom condo can also provide an extra room for rental income.
Perhaps you simply want to have some real estate set aside for when your children are adults. A wonderful gift to help them start their independent lives. With the real estate market becoming increasingly challenging for younger generations to step into, this can give them the boost they need.
Whatever your reason, MAC Real Estate Services Inc can help you find your investment condo. Contact MAC Real Estate today: 416-222-0025.
It’s not business, it’s personal.