When you are starting out as an adult and move out for the first time, the most you can manage is an apartment that you either co-share with roommates or one where you can live by yourself. However, as the years pass by, you begin to realize that an apartment can no longer accommodate your needs, so you need to find other options. If you are someone who prefers living closer to the city, whose place of work and other important necessities are all within the city, you should switch from an apartment to a condominium.
Buying a condo means you have invested in permanent property ownership, which is very important and necessary as you grow old. It also means that you get to stay closer to the city, so there are no disruptions in your routine, everything stays within close proximity and you do not have to worry about spending time, money and fuel commuting from place to place.
When you are choosing a condo for yourself, you want to make sure you pick an option that is not just within budget, but is also convenient in terms of location. So, your condo should be closer to your workplace because if it is not, then you will be wasting a lot of time moving around, which will ultimately defeat the purpose of getting a condo in the first place. You also want to make sure that the location of your condo is centered round different necessities and attractions like stores, pharmacies, movie theaters, a mall etc. This is because a condo with a good location means that its price will appreciate overtime, in case you need to sell your condo later on. If you are looking for new condos, Sugar Wharf recently launched a new condominium project that you can check out.