I think larger condo units in older buildings with parking would do very well as well.
Older buildings usually have less units (more boutique sized), less renters/resident turnover, less amenities that people don't really need or ever use, often located in more established neighbourhoods or have more established businesses nearby, has already developed a strong condo board/management, have larger units with full-sized appliances, generous sized rooms and storage, etc.
Pre- and new construction are overpriced these days. Although construction methods and technology has improved, I have found the condos that are built today and in the upcoming years are being built too fast and cutting a lot of corners where quality and durability will suffer -- take a look at window walls and glass balconies failing.
There is great value in resales in condo buildings 5 years or older. With the money you are saving you could remodel or make upgrades which make your unit more unique and customized which will stand out in the market of cookie-cutter condos once you are ready to sell. Be sure not to go too wild with your renovations and improvements that may turn off potential buyers.
Condo fees for pre-construction that developers initially set are relatively low (in the 50-cent range per sq.ft.), and will jump after the first year or two of occupancy when the actual operating & maintenance costs are realized. I have seen in larger developments with lots of small units significant increases in condo fees due to the wear and tear of the building due to the high ratio of renters and turnover in the building -- this is particularily true in developments like Cityplace.
