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Suburban Condos Dominate GTA’s 'Best Value’ Report

Author: 
Robert Van Rhijn
Publication date:
June 4, 2022
Article Summary: 

Real estate data from Strata.ca shows that suburban townhouse condos dominate the list of top 10 properties offering the best value in the Greater Toronto Area (GTA), with only two properties in Toronto making the list. The rankings are based on the most affordable maintenance fees and cost per square foot (PSF). Suburban condos offer greater square footage than their city counterparts, allowing homebuyers to have extra space for every dollar spent. Also, townhouse condos, in particular, offer great value due to their lack of amenities, which keeps maintenance fees low for residents. This has led to fierce competition to secure a unit in these top-ranking condos, and Strata.ca recommends getting finances in order and knowing the price of comparable units before making an offer.

Keywords: 

GTA condo market, good value, affordable maintenance fees, cost per square foot, townhouse condos, suburbs, amenities, extra space, competition, finances, highest-ranking condos, maintenance fees, average cost.

Source Citation: 
Robert Van Rhijn
Suburban Condos Dominate GTA’s 'Best Value’ Report
June 4, 2022
https://strata.ca/blog/suburban-condos-dominate-gtas-best-value-report
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