The last time we did an article on
profitable condos, this was by a ratio of the highest profitable-to-unprofitable transactions since 1995. But with the various cooling measures and different policies throughout the years, sometimes looking at transactions dating so many years back may not be the most accurate way of looking at profitability.
As such, this time we narrowed it down to the more profitable condos from the past 10 years (since 2012).
How the data is obtained
We looked at transactions of actual units that were bought and sold within the last 10 years (since 2012). Only developments with at least 10 of such transactions were included. The results were ranked based on the average profitability (including losses and breakeven transactions).
Without further ado, let’s get on with the list!...