Anjna  Ghanaghounian

Anjna Ghanaghounian

Real Estate Agent

Right at Home Realty, Brokerage*

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Reasons to Purchase Pre-Construction

  1. Pre-Construction Condo sales are climbing faster than other commodities
  2. Rents are at an all time high
  3. Buyers  are looking at condos  as they  have been sidelined by price of semi and detached homes
  4. Lending guidelines have become stricter, so people are renting longer
  5. Growing population from immigration who will rent once they arrive in Canada, makes the rental business quite lucrative
  6. Lower financial burden versus a detached home
  7. Down payment not overwhelming as it is broken down to payments till occupancy
  8. Lower financial bar to enter real estate market
  9. Appreciation on pre-construction projects is a major draw
  10. By purchasing early buyers and investors benefit from market appreciation and platinum or VIP price appreciation which is achieved when developers increase prices during launch
  11. Pre-Construction is an attractive option in that they usually offer an oppurtunity to purchase a unit at a lower price than will be available at the time of occupancy
  12. Financial burden is little to nothing after tenant moves in

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