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Thursday, January 29, 2009

Toronto Condominiums

By R. Kim

PATH is a Toronto underground shopping center which is the largest one in Canada. PATH has about 1,200 shops, restaurant, and services. If you enjoy shopping, dining or just strolling along the walkway it is perfect. You should research the area if you are looking for a Toronto Ontario home.

Toronto is fascinating to new residents because of it's rich history. There are abundance of things to do in Toronto such as museums and special events that fascinates people about Toronto. If enjoy food, visit the St. Lawrence Market, it is considered one of the world's finest food markets by Food and Wine Magazine.

When researching for a home, don't forget to look at Toronto condominiums. The average price for a Toronto condominium is $284,802. However, they can range anywhere from $160,000 well into the millions.

If you rather rent than buy, rental rate for Toronto condominiums can range from $250 to $7,000 per month. The average rental rate per month is around $2,500. So, it make sense to purchase a condo rather than renting one, your mortgage will be about the same as rental rates.

Majority of population is foreign born, that makes Toronto one of the most diverse multicultural cities in the world. Because of this, the city has many languages spoken and many different cuisines to taste. Even though Toronto is the largest metropolitan area in Canada, it has low crime rate and sited as one of the world's most livable cities. The job market is also stable with so many people, offering many job opportunities for those with different skills.

Toronto is excellent choice for living, although it has Canada's highest cost of living. If you do your research, you can find a Toronto condominiums that fit your need, you can't go wrong with calling Toronto your home.

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