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Should You Buy A Parking Spot In Your Condo Building

Toronto Condo Team CA
Publication date:
July 2, 2020
Article Summary: 

The blog discusses whether or not it is worthwhile to buy a parking spot in a condo building. It explains that the decision to purchase a parking spot depends on several factors such as the location of the building, availability of street parking, and the frequency of car usage. The blog also highlights the potential financial benefits and drawbacks of owning a parking spot, including the impact on condo fees, resale value, and rental income. It emphasizes the importance of considering all the relevant factors before making a decision to buy a parking spot.


condo building, parking spot, location, street parking, car usage, financial benefits, condo fees, resale value, rental income.

Source Citation: 
Toronto Condo Team CA
Should You Buy A Parking Spot In Your Condo Building
July 2, 2020
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