7 Reasons to Own a Condo in North York, Canada

North York, Canada’s sixth-most populous city, offers an ideal location for those who prefer to live in a community setting while still having easy access to urban amenities and public transportation.

Located at the northern tip of Toronto, North York condos offer their residents convenient access to shopping, entertainment, and employment opportunities within this thriving city. Here are seven reasons why you should consider purchasing a Tridel north york condominiums, Canada.

1. Location – Convenience

If you live in Toronto and are thinking about purchasing a condo, choosing one north of the city is an excellent option. This area of Toronto is close to public transportation options like subways and buses, and it’s convenient for getting downtown.

If you own a car, being north of downtown is also advantageous as there’s more free parking available. In addition, TTC stations provide connections between streetcar routes that link to major highways that lead directly into Downtown Toronto.

2. Maintenance

A condo means that you’ll never have to worry about any sort of maintenance. If you ever have a problem with your home, there will be no fussing over hiring a contractor or trying to fix it yourself.

Your condo association is responsible for keeping your unit up and running; these expenses are deducted from your monthly fee—so, at worst, you pay an extra $50 per month.

3. Quality of Materials

When it comes to quality of materials, you can bet that new condos are going to be well-built. There’s no reason why they shouldn’t be—it’s much easier and less expensive for developers or builders to use high-quality materials now than it was twenty years ago.

It will save you time and money down the road as your building ages, too—so pick an older building with minimal renovations done (yet), so your renovations have less work.

4. Upgradability

For young professionals just starting out, purchasing a condo is often the best way to go—the same can be said for empty nesters looking for an easier lifestyle.

Condos have smaller square footage and lower maintenance fees than single-family homes; however, you’ll also experience more noise from other condo owners, as well as from street traffic.

5. Surroundings

North York is connected to many of Toronto’s vibrant neighborhoods and districts, so it’s a great place for singles or couples who want easy access to other entertainment options.

There are also plenty of cultural festivals and events that happen throughout every season – whether you’re an outdoorsy person or someone who prefers spending time indoors, there will always be something happening nearby.

As one of Toronto’s most diverse areas, North York offers plenty of international cuisine as well as local favorites.

6. Amenities

If you live anywhere near downtown Toronto, chances are you’re going to be able to walk or cycle nearly everywhere you need to go. But there are more reasons than that for picking your condominium carefully. If it’s pet-friendly (even just dog-friendly), then your pooch can come along for condo cuddles whenever you want him or her.

7. Great for Investment Purposes

Condos are great for investment purposes, especially for first-time buyers. If you’re considering becoming a landlord someday but have yet to buy your first home (condo), there’s no better time than now.

You can go with Tridel to buy your first condo. Once you own that condo unit, you can either rent it out or use it as an investment property—either way, condos make smart investments.

Plus, they tend to appreciate faster than single-family homes do. With all of these benefits and more, it’s easy to see why owning a condo is so popular!