Anjna  Ghanaghounian

Anjna Ghanaghounian

Real Estate Agent

Right at Home Realty, Brokerage*

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Pre-Construction VS Resale Condo

Pre-Construction Condo -                                                                Resale Condo -                                                     

Can Purchase at a lower rate than when built                                You need down payment readily available                                                       

Closing costs are 1% - 4% of purchase price                                 You have to qualify for a mortgage immediately                                            

Down payment is spread over a period of years                            You can move in soon                                                  

You can save over a period of time for mortgage                           Older unit                                                 

Brand new unit and ability to customize                                          No HST                                                  

Long term Investment                                                                        Immediate return through rental

Bulk of appreciation is earned before it is built

Completely hassle free

Essentially zero expenses, closing costs and headaches

while the investment is appreciating



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