The popularity of condominiums has been on the rise over the last decade, as young people are starting families later in life and tending more towards having fewer children than ever before. Condominiums offer the opportunity for a lot less maintenance than would come with a single family stand alone house, and most have features such as recreational facilities and 24 hour security which do more than enough to satisfy the needs of busy people. In addition, condominium complexes are often located right in the heart of the city, so that the commute both for work and for entertainment purposes is cut down to a matter of minutes. Living in the suburbs of any major city can mean up to two hours of driving, each way, just to get to work and back!
As Canadas largest city, Toronto offers all the major benefits typical to condominium living and more besides. Lets take a look at the different benefits owning a condo in Toronto has to offer.
When it comes to living space diversity, Toronto offers a huge range of choices guaranteed to fit any lifestyle. Neighbourhoods such as Rosedale South have a large number of high-end luxury complexes that will hold or increase in value and thus offer a good investment. Downtown Toronto is great for the urban enthusiast; there is always something to do within easy reach of any of the condominium complexes. Anyone who enjoys the hustle of the city is going to appreciate living in the centre of the universe.
For those who like the idea of living close to the city, but who do not want to experience the 24 hour a day, seven day a week rush that city living means, there are still options in the condo world. The Beaches area of Toronto, located along Queen Street east and bordering the shores of Lake Ontario, has been described as a world all its own; close to the city, the area nevertheless offers a tranquility common to the shores of a big body of water.
Toronto also has several neighbourhoods that appeal to different ethnicities, including Greek, Indian, Korean, Chinese, and Portugese. Laid back lifestyles can be accommodated at The Annex, and the city offers condo complexes even in historical districts, for those who want to throw back the clock without surrendering modern convenience.
Style and Price
No matter what price range or type of condominium you are in the market for, there is something in Toronto to satisfy your demands. There are plenty of older condominium developments that offer reasonably priced units, even in the heart of the city. Lofts, two and three bedroom units, bachelor suites, and penthouses are all included in most of the new and recently built complexes being constructed in the area.
Condominium buyers who are fans of ultra modern living will love the diverse architectural styles that Toronto developers are incorporating into complexes, from twin and triplet building designs to single building high rises with sleek lines and tapering towers.
Toronto condominium complexes offer a wide range of styles, prices, and architecture that are guaranteed to meet the needs of anyone who likes the idea of low maintenance, easy-access condo living. With new complexes proposed every month, the market for condo living in Toronto is seems to continually expand.