|Price/sqft||$1,000-$1,400 per sqft|
|Studio Price/sqft||$400K – $500K|
|1-Bedroom Price||$600K – $750K|
|1-Bedroom + Den Price||$650K – $825K|
|2-Bedroom Price||$850K – $950K|
|3-Bedroom Price||$900K – $1.5 Million|
|1-Bedroom + Den Rent||$2,400-$2,850/month|
It is since the year 1992 that the population of Vaughan has been growing. In fact, in the year 2006, it was recorded that the population has been increased by 80%. This mentioned statistics clearly state that the number of residents living in the city of Vaughan has also increased significantly. Now coming to talk about the 2020 year, more and more people are getting attracted to this city and are planning to invest in pre-constructed new condos in Vaughan.
If you are a newcomer to this country or you are investing in real estate for the first time, then Vaughan can be the best choice for you because of its affordability along with all the other necessary facilities one hopes to find in his/her neighborhood. Therefore, if you are planning to buy a new condo, then without any hesitation, you can think of buying one in Vaughan.
Attractive financial price for the new condos
When it comes to investing in property, one has to consider so many factors, and money is one such factor that comes at the top of the list of every person. Therefore, if you are looking for something which has all the amenities and the price is also affordable, then the best choice of place to buy a new condo is Vaughan. In case, if you are wondering that why is the price for condos slightly less in Vaughan as compared to other cities, then it is so because the government is putting in hard efforts to turn the once commercial area into a fully residential area.
High-resale value market
It is very common among people to buy a property and then after some years re-sale the same due to some of the other reasons. Therefore, if you are planning something similar to this, then you should consider a location that offers high re-sale value on your condos so that you are not only able to earn the cost at which you purchased the condo but also make some benefit through the same. The re-sale value of new condos in Vaughan is great as compared to other cities.
Convenient transit facilities
It is the availability of the public transit facilities, which make a place convenient to live or not, and when it comes to thinking whether Vaughan is a convenient place to live or not, then the answer is sure “YES” because it offers well-connected transit facilities. Easy to hop-on local buses and subways, trains are available which connect the city to the nearby and neighboring areas.
Cheap and affordable cost of living
We all are aware of the fact that Canada is an expensive country to live in. Therefore, if one gets an opportunity to stay in a city where the day to day cost of living is cheap and affordable, then why not?
If you want to know more about buying new condos in Vaughan, then scroll through our website for more details.