25 Tips for Buying a Condo

4. Crunch the numbers with your financial backer; you’ll need extra money for closing costs, moving, land transfer tax and lawyers’ fees.

On the hunt
5. Be prepared to see a variety of styles: low-rise, high-rise, with or without amenities such as doormen or gym facilities.

6. Purchase the largest suite you can afford. Studios and one-bedrooms are more difficult to re-sell.

7. Visit the neighbourhood at different times of the day and evening. Does it suit you?

8. Choose a handsome view. Not only will it make day-to-day life more appealing, but it helps with resale later.

9. Bear in mind that a southern exposure, although bright and sunny, may also be hot in the summer.

10. Avoid a layout that looks out over the garbage pick-up area.