so i have money... now what?

[Abbaddabba]

I live around toronto.

The area im looking at runs about 200k even for a 750 square foot unit (one bedroom) or about 230k for a 2 bedroom.


Im more interested in knowing how much a condo appreciates in value than anything else. Ive heard from some people (who im not sure if they know what htey're talking about) that condos appreciate less than does land based real estate.

I could save up for a more substantial purchase like a house if that figures to be a significantly better investment (and guy other securities in the mean time with the money i have sitting idle).


Also - is buying new a good, bad or irrelevent investment wise?