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  1. 3 days ago · Owning a single-family home tends to come with higher upfront costs and maintenance responsibilities than buying a condo or townhome. Condos and townhomes tend to be smaller and less expensive ...

  2. 3 days ago · The price-to-rent ratio helps determine whether buying or renting is more beneficial. It is calculated by dividing the average condo cost by the average annual rent. Ratios between 1 and 10 favor buying, 11 to 15 indicate a closer call, and above 21 suggest renting is better.

  3. 3 days ago · House: Major Differences To Know. The primary distinction between a condo and a house is that a condo is a living unit inside a multi-unit structure. On the other hand, houses or single-family houses are typically detached structures separated from neighboring homes by private property.

  4. 5 days ago · Generally, condos are more affordable than free-standing houses due to their smaller size and shared maintenance responsibilities. This means that you may be able to get a condo for a lower price than a house in the same location. However, keep in mind that some luxury condos can have higher prices than single-family homes.

  5. 4 days ago · Investing a Pre-Construction Condo in Toronto can be daunting if you're unfamiliar with the industry. Here's the 7 things you MUST know before buying a New Condo.

  6. 5 days ago · Understanding your priorities and having some flexibility can help you move quickly when a suitable home enters the market. Keep an eye on the market where you hope to buy.

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  8. 5 days ago · Mr. Warren does much of his business in Rosedale, where one luxury property traded hands in November for $21-million. “The gentleman bought it for full price, first showing,” says Mr. Warren ...