5 Signs You Should Invest In Toronto Condos

Everyone in business is looking for a way to increase their wealth. This requires a comprehensive look at all the worthy investments. In Toronto, there have been so many talks about whether or not one should invest in condos and whether they are still a worthy investment. After taking a look at all the factors that are involved in deciding whether or not you should invest in Toronto condos, it will not take you long to see that you actually should. Here are five signs you should invest in Toronto condos.

1. The numbers

In Toronto, the rates of vacancy in apartments and condos are extremely low. This is because more and more people continue to move to the city to reside there. The numbers should let you know that you should definitely invest in Toronto condos. Far from that, there is a decent return on investments for those who have already invested in condos.

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2. Increase in rented condos

Over the past few years, there has been a significant increase in the number of condos in Toronto that are being rented. It so happens that once a vacancy is created, it would take a maximum of three weeks for the average condo to find another tenant. This would mean that these units are rarely vacant. If you are looking to invest in condos, this should be a good pointer that you are making the right move.

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3. Safe investment

It has become clear that it would be much better in terms of monetary gain to invest in condos that it would be to invest in the stock exchange in Canada. The only difference is that condos in Toronto are a much safer and less volatile investment. So if you are an investor who is conservative in nature, it would be better and less stressful for you to invest in condos in Toronto.

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4. Real estate growth

The real estate industry in Canada has not always been as established as so many other industries in the country. However, it seems to slowly be growing to claim its spot in the industries that are flourishing in the country. A large number of investors who are getting wind of this trend have continued to make strides to invest in condos in Toronto. There is no reason why you should be left behind as an investor.

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5. Large student communities

Toronto happens to have one of the largest student communities in Canada. These students usually move from their home towns to come and reside in different cities because they are students in universities far from where they reside. They usually come looking for condos to rent. The number of students coming in every year is on the increase and this should be a good sign that you should invest in Toronto condos.

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Ten Daily Money Saving Tips to Add to Your Weekly Routine

When it comes to matters of finances and how to save money, you will always find that different people perceive it differently. There are, however, a few money saving methods and tricks that are more commonly used and most people would agree to. And that’s what this article will discuss today. Some of the best money saving tips that you can apply to your overall weekly routine.

1. Don’t pay any annual credit card fee

If you do enough research, you will never fail to find some cards that don’t always come with fees, but still, include the extras like travel insurance and warranty extensions. You can use these instead and end up saving more money overall. Plus, you won’t need to pay an annual fee.

2. Cut back on eating in restaurants

Instead of making going to restaurants a daily routine, you can, instead, start planning your meals. At the end of the day, you will end up saving a lot more money plus eat healthier meals. It will be like hitting two birds with one stone, right?

3. Switch to a VOIP provider instead of using your local phone provider

VOIP providers like Primus, Vonage, or Ooma are relatively cheaper than your local provider fees. You can do a lot more with a small amount with a VOIP provider than you can do with your local providers. Which basically means that you get to save more.

4. Get a quote on your insurance

To make sure that you are getting the very best deals and prices on home and auto insurance, you should consider getting a quote from each of the insurance deals you find. Sticking to one insurance company for a long period can sometimes get you a loyalty bonus which is all good. But the moment you realize that there is a cheaper company, then it might be time for you to put your loyalties aside.

5. Switch to CFL or LED lights

These types of bulbs will definitely cost more than your regular home bulbs. But if you think about it in the long-term basis, just one $3 bulb can end up providing you with close to $50 worth of energy savings in five years. That’ sounds like a pretty good deal.

6. Call your cell phone company

The moment you realize that your cell phone contract is about to end, you can try your luck by calling the cell phone company and tell them that you want to switch to a different provider. In most cases, you will end up with a sweet deal being offered to you just to try and keep you. That’s just another awesome way to save more, if you’re lucky, that is.

7. Make coffee at home

It has become kind of like a routine thing to buy coffee on your way to work every day. But what most people never seem to realize is that it costs a lot more to buy coffee at Starbucks or corner cafes than to make it at home then carry it if you must. You will also save a lot of line-up time and gas as you won’t have to make any detours on your way to work.

8. Review your cable TV package

Often a time, you find that there are many more channels in your package that you can do without. Why not downgrade at least one tier and save like $20 of your hard-earned money instead?

9. Use water filters for your drinking water

Instead of always buying drinking water, you can save quite a lot of cash by using a good water filter to treat and clean your drinking water. Just use a filter which you can always replace every six months.

10. Get a Nest programmable thermostat

A Nest programmable thermostat can save you up to $180 if properly set and maintained. You can even use its automation features to which makes everything a lot easier.

Thanks to technology you don’t need to be worried about keeping tracks of all these tricks. According to www.northcash.com utilizing the available budgeting and saving apps available on Google Store and  Apple store, can really help a great deal in terms of managing your finances.

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