Affordability in downtown Toronto continues to be an issue for buyers, rentors, and investors, that consistently comes up in the media. I am often asked the question, “Is there anywhere in Toronto or perhaps the GTA where you can invest for about $500 - $600/square foot?”
Unless you have $100,000+ of capital, purchasing or investing in downtown Toronto is challenging. Because of the lack of affordability in downtown Toronto, other areas become more attractive. One such area is Oakville. There’s a level of wealth and prestige associated with this town, as it’s home to some of the most expensive real estate in the country, including the large mansions on its waterfront. And now, Oakville will be home to a brand new development, Minto Oakvillage.
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