Toronto Pre-Construction Real Estate Property Investment For Rentals Announced

Cloud PRWire

The company’s investment opportunity is now open to investors who want to get ahead of the real estate market by buying pre-constructed apartments. They also offer property management for hands-off investors.

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The announcement coincides with a CNBC article that discusses why millionaires and billionaires turn to real estate to increase their assets and create generational wealth. According to the report, hands-off real estate investments can generate income all year round, and housing is a basic human necessity that never loses its value or importance. Real estate values also go up annually, and even the smallest studio apartment in a decent location can easily be worth double or triple in 10-15 years.

Investors who want to get into real estate but don’t have the time to run the day-to-day operations of such a business can utilize Condo Immo’s condo management service. The real estate investment company operates as a one-stop shop for investors – from securing a condo to finding tenants and managing the maintenance requirements of the apartment.

Condo Immo has several pre-construction properties that investors can choose from. Once they have decided on a suite, they can sign a purchase agreement and pay the security deposit. They have a 10-day rescission period, and during this time, they can get all the necessary paperwork in order. After the rescission period, the investor will be asked to submit post-dated cheques according to the agreed-upon payment schedule.

For investors who want to rent out their property after turnover, Condo Immo charges a brokerage fee of one month plus taxes for finding a tenant and between 11-15% for managing the property – all excluding marketing costs. However, the investor makes the final decision about which tenant gets the condo – the company only presents them with their identification, credit score, work certificate, and post-dated cheques.

“Whether you are a seasoned investor or looking for new hidden opportunities, Condo Immo can help you find the perfect investment,” a spokesperson for the company said.

More information is available at


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