Looking at condo townhomes in Kanata, any experiences/perspective?
My fiancee and I are in our mid 20s and looking to purchase our first home and have been looking at the 350k-400k condo townhome segment in Kanata (Katimavik mainly).
The fees are high (500/month), but the actual monthly outflow would be very reasonable with our salaries. I'm wondering if these actually represent a wise choice for us entering the market, or if it's always better to keep renting + saving for a larger downpayment to put towards a freehold even if it would take us maybe 3 more years to get there.
We rent at 2300 in Westboro right now and I would prefer to start building equity.
Interested in other's perspectives.