When you're looking at condo neighbourhoods in Toronto you will likely notice that many of them are along the waterfront. One of the reasons is that many of the people looking for downtown Toronto condos for sale are in the market for properties that are close to all of the amenities and entertainment choices and this section of the city has easy access to the most popular social regions. But it is also because everyone wants a room with a view. But when you are looking at a unit in a building like Metropole Toronto - 7 King Street East you need to decide whether you're willing to pay for this feature. Here are some things to think about.

There are actually two main ways to get a great view for those looking for real estate in the city. The first is to have that picturesque shot of Lake Ontario when you are sitting on your balcony or looking out the bedroom window in the morning. Or, if you're someone who celebrates the beauties that a city can offer there are properties with a condo in Yorkville or a unit further south that come with great city landscapes, showing landmarks like the CN Tower. The first decision you need to make is what view is right for you.

When looking at paying out for any extras with a property you should always think about what you're getting for your money and how much you're going to make use of that addition. With something like a view it's not as easy to track your usage the way that you could with gym access or paying for an extra bedroom. But that doesn't mean you can't measure how much having a view in you Toronto Annex real estate or home on Queen West should be worth to you.

First, you should think about how much time you will be spending in your home and what you will be doing while you're there. If you're the type of person who spends 60 hours a week at the office and then wants to go out to unwind on the weekend than you're likely not going to have much of a reason to spend an extra $50,000 on a room with a view. But, on the other hand, if you're the type of person who likes to relax on the weekend with a good book on the balcony or in a window seat or if you entertain often than the view might be worth the price tag.

When looking at Toronto condos you can get swept up in a gorgeous view and fail to see the big picture. But most people should remember that a view really is secondary to things like space, location and affordability.