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Sunday, February 1, 2009

Buying Toronto Condominiums

By R. Kim

One of the largest underground shopping complex is called PATH and it is located in Toronto, Canada. If you are looking for a home, Toronto is a great area to research. PATH has over 1,200 services, shops, and restaurants. If you enjoy shopping, dining or just taking a walk on the walkway PATH is ideal place to visit.

Toronto's history is very rich, as a new resident, it will be fascinating to you. With many museums and special events, Toronto will keep you fascinated about the city. One of the places you have to visit in Toronto if you love food is St. Lawrence Market, Food and Wine Magazine considers it one of the best food markets in the world.

When thinking about buying a home, look into Toronto condominiums. The average selling price of condo in Toronto is about $280,000. But they can range from anywhere between $160,000 to over a million dollars.

If you rather rent than buy, rental rate for Toronto condominiums can range from $250 to $7,000 per month. The average rental rate per month is around $2,500. So, it make sense to purchase a condo rather than renting one, your mortgage will be about the same as rental rates.

With almost half the population being foreign born, Toronto is known to be one of the most multicultural cities in the world. As a result, the city has a large diversity of languages and cuisine. Toronto is the largest city in Canada and, with a low crime rate, has been and has been named in recent surveys as one of the world's most livable cities. The job market is booming, offering plenty of opportunity for the job seeker to offer his or her trades and skills.

If you are looking for a home Toronto condominiums offer great solution. However, it has Canada's highest cost of living. But you will find a condo that fits your needs, you can't get wrong with purchasing a condo in Toronto. Make sure you do a lot of research on line or in the newspaper, you want to make the right choice on the first try.

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