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Wednesday, February 4, 2009

Why Toronto Condominiums are good

By R. Kim

PATH is a Toronto underground shopping center which is the largest one in Canada. PATH has about 1,200 shops, restaurant, and services. If you enjoy shopping, dining or just strolling along the walkway it is perfect. You should research the area if you are looking for a Toronto Ontario home.

Toronto is fascinating to new residents because of it's rich history. There are abundance of things to do in Toronto such as museums and special events that fascinates people about Toronto. If enjoy food, visit the St. Lawrence Market, it is considered one of the world's finest food markets by Food and Wine Magazine.

When researching for a home, don't forget to look at Toronto condominiums. The average price for a Toronto condominium is $284,802. However, they can range anywhere from $160,000 well into the millions.

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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