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Hi Pen,
My Condo’s are on the waterfront in Toronto. It is called the Zen bldg at 10 Navy Wharf. Good Sq Ftge, central, state of the art rec centre for residents and strong capitol growth. Up $30K on a $200K condo in the past year. There are not many left and there are certain floor plans that are the pick to get. If you are interested go for a 6 or a 3 plan. The 9’s are awesome but come with the price tag to match. Rents on a 700sq ft Condo in this building are about $1,600 a month and long leases are sought. They look into the top of the Dome for sports and over the lake. No more waterfront hi rises will be ready for occupancy in this locale until 2008. It is a great buy.
Check it out at mls.ca
cheers GT
gt
Thanks Xenia and Richard,
xenia I will definitely send you an email and yes I am returning to Adelaide on Dec 7.I am sure things have changed over the past 8 years in OZ and I am glad to be returning to a stronger economy. I have watched quietly from a distance.
Perhaps there is a great biz opportunity in setting up the foreclosure opportunity for investors in Australia so they get the same opportunities as the states. Something to explore. I have heard a lot about the Perth market and the coast pretty much anywhere globaly is strong but I also have heard and been looking into the Darwin market. Is it true that it is strong for investors and in Adelaide is the Goolwa, Pt Elliot market as strong as they say.
One more question, Condo’s are hot in the US and Canada, over here they are very lucrative for investors. Obviously location and size are important but are Aussies of all ages trading the single family dwelling and embracing the condo lifestyle.
Cheers GT
gt
