Toronto is one of the biggest metropolitan cities in the world. It is the most populous city in Canada, with a multicultural essence in it. The city is highly developed and consists of some of the best-made buildings. People living in it are pleased, due to the facilities available to them. The city has been consistently ranked as the cleanest city and the happiest place to be. The ambience is something unique. Both French and English are widely spoken here. Although the city has a large portion of the immigrant population, the majority of it consists of Indian and Chinese immigrants. The lifestyle provided by Canada attracts thousands of expats every year, hoping to live their dream life. Despite being costly, the city is cheaper than other metro cities like New York and Paris. This article would discuss the renting and buying scene of properties there.
Toronto has a young population, consisting of several students and young professionals. The basic need of having safe shelter troubles the ex-pats as soon as they land in a foreign country. Magazines show duplex for sale in Toronto, but they are beyond the budget of these students. Hence, renting a cheap condo seems the only feasible way. These are usually one-room flats, furnished by the makers. The rent depends on the place of location. In Toronto, properties are very costly, especially those located in the central city circle. If someone fails to find a home, he can contact the college counselor. They have countless contacts, which can help you to get a comfortable place within your budget.
After graduation from college, getting a good job is the main target of ex-pat students. Though the initial salary might not be huge, paying off the debt stays the priority. Hence, any job becomes the same as a boon. One works for a few years and saves enough money. The duplexes are very costly, but affordable if appropriately planned. You might need to sacrifice a lot of fun things. But to achieve something great, these sacrifices shall be worth it. The value of the good property increases every year by multiple folds. If you can buy one in Toronto, it shall remain as your valuable asset. In case you want to sell it off in future, the returns would be higher than you can imagine. Thus plan big and work hard.