paradigm
New Member
I have been looking to buy a condo downtown toronto. However I see some great deals on townhomes up town, by Dufferin and Lawrence (401 and Allen Rd area) which are relatively new (around 5-10 years old) for the same price as I was looking to spend on a condo downtown at liberty village or Fort York (300k).
The townhomes are not freehold, so there is a maintenance fee, but they include two parking spots (where as the condos do not include any parking), and are very close to the subway station and 401. The townhomes are 50% larger in sq-ft size (2bdrms vs 1 bdrm) and have storage.
However investment wise, I am not sure which is better; I am thinking the downtown condo may rent easier, but the uptown townhome might rent for more $$?
How is the area of lawrence/dufferin (401 and allen rd) to live in? Does the lawrence square mall and surrounding housing make it a dump? Crime? Other issues?
The townhomes are not freehold, so there is a maintenance fee, but they include two parking spots (where as the condos do not include any parking), and are very close to the subway station and 401. The townhomes are 50% larger in sq-ft size (2bdrms vs 1 bdrm) and have storage.
However investment wise, I am not sure which is better; I am thinking the downtown condo may rent easier, but the uptown townhome might rent for more $$?
How is the area of lawrence/dufferin (401 and allen rd) to live in? Does the lawrence square mall and surrounding housing make it a dump? Crime? Other issues?