The smaller the condo the better the return! Marko Juras | REALTOR® | Associate Broker | Fair Realty
You have to be very careful as unoccupied units are still considered new upon resale so GST would be payable upon the resale transaction even thought the seller paid it previously when they completed. The federal government considers this transaction a transfer of unoccupied inventory.
For the most part, bylaw restrictions lead to lower re-sale market values.