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Benefits of buying a condo for your university student to live in

Author: 
Condos.ca Staff
Publication date:
April 29, 2022
Article Summary: 

The article discusses the benefits of buying a condo for your university student to live in, rather than renting. Buying a condo close to the university can be a smart investment, as the rent paid by a roommate can help offset costs, and the appreciation of the property can cover tuition and generate equity. Additionally, transferring ownership to your child after graduation can help them get a head start on homeownership. The article notes that buying a condo is common with families of international students, but less so with Canadian parents who may view it as too expensive or risky.



Keywords: 

condo, university student, buying, investment, renting, equity, appreciation, tuition, roommate, homeownership, transfer ownership, real estate.



Source Citation: 
Condos.ca Staff
Benefits of buying a condo for your university student to live in
April 29, 2022
https://condos.ca/blog/posts/benefits-of-buying-a-condo-for-your-university-student-to-live-in
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