Five reasons to buy smaller condos as investment
1. The purchase price to rent ratio advantage, or return on investment
2. The property transfer tax (PTT) advantage.
3. The GST advantage.
4. The municipal property tax and strata fee expense to gross rent ratio.
5. Liquidity and cash flow advantage. When you have three condos worth $200,000 each you are more liquid versus having a $600,000 condo and also there is less vacancy cash flow risk.