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Updated over 4 years ago,
Toronto strategy? What do we see happening in the market
Just want some input from my fellow people in the GTA who are watching the market like I am and are confused about how to invest. I know condos downtown will definitely lose money every month because the cost of ownership exceeds rent amounts but I also realize supply is low and the prices are likely to climb regardless.
That, or a 2 unit rental property in Durham region somewhere that might break even in monthly carrying costs?
Any thoughts?