This is liable to be against a foundation where, upon indicating your investment in renting a business Property Management , you are prone to be given a few such lands that are accessible to be rented.
Investing in a condo to generate passive rental income will obviously generate more money than simply purchasing it as your home. The direction the market takes over the coming years can also impact the value of your investment over the long term.
Another important thing to keep in mind is that a New Condo in Toronto in one housing market can look very different from a condo in another. From an investment standpoint, location can be key.