Are there advantages to buying into pre-construction? Why, yes! There are a number of advantages and great reasons to consider pre-construction real estate options in your neighbourhood.
Let’s review the top 5 reasons to consider pre-construction:
The GTA has pre-construction options available in every neighbourhood. Sourcing a project that works with your budget and schedule will not be as difficult a task as it may appear. Always use a professional realtor to help select the best option for you!
The value of the property increases during construction. The sooner you are able to buy into the project, the better. As the project develops, the value of the real estate grows and when the construction is completed the value of the real estate almost always increases. You make money before you even move in!
The payment schedules for pre-construction projects are often spread out over 2+ years. This means you have ample time to gather the downpayment required versus sourcing the entire lump sum within 30-90 days for resale. This payment schedule allows you to maintain your current lifestyle while investing money in your home simultaneously.
Real estate is a great way to diversify your portfolio and pre-construction is the perfect way to acquire a rental income. Given the selection in the GTA, you will be able to purchase a property that will give you positive cash flow. If you are searching for a rental property contact the Shirriff Wells team for our expert knowledge and experience on lucrative rental areas and how to make the most out of your real estate.
At Shirriff Wells, we have platinum access to exclusive inventory and pre-launch opportunities that are not available to the general public. To learn more about our exclusive access programs, visit http://citycondo.com – this is a unique opportunity that as members of Royal LePage Terrequity we are pleased to offer to you, our valued clients.
If you are interested in a specific project contact us today and we’ll get you the information you’re looking for. You can find us at www.shirriffwells.ca – we are always here to help.
