With a booming real estate market condos are currently the main investment of choice for real estate investors in Toronto and the GTA. The price of a condo is influenced by many factors like location, prices of similar units in other condos nearby, age of the building, proximity to amenities, etc.
Another sure way to increase the price threshold is to renovate.
Renovation of your Toronto condo can gain you better yield on your ROI when you sell or rent it. It will allowing you to stay on top in the hot real estate market, attracting the right kind of buyers and tenants.