Investing in Waterfront Condos: What You Need to Know Before Buying
Want to wake up to beautiful water views every day? Many people dream of living by the water, and waterfront condos give you just that. Plus, they’re great investments that can grow in value over time. While new projects like Lakeview Village in Mississauga show how popular waterfront living has become, you need to think carefully before buying. Let’s look at what you should know to make a smart choice. Location and View Protection Make sure your water views will stay clear for years to come. Check the local building rules to see if anyone can build in front of your view. Ask what new buildings might come up nearby. Smart planning, like what we see at Lakeview Village development, helps protect views for everyone. Some areas have rules about how tall buildings can be or where they can go. This helps keep your views safe and your investment strong. Understanding Premium Costs You’ll pay more for waterfront living — usually 20–30% more than similar homes away from water. Add in higher ...