1005 King Street 341, Toronto

Still renting in King West because you think you need to save for something bigger? That might be the more expensive mistake. This smart 430 sq. ft. studio at DNA2 is proof that your first property does not need to be your forever property, it just needs to get you in. The layout actually works, with space for a bed, living area and dining table, and a Murphy bed would completely change the game here. You've got a proper front hall closet with built-ins, a great-sized bathroom, a locker, and low maintenance fees that cover almost everything except hydro. Set in a well-managed building with the streetcar at your door, you can walk to the Financial District, great bars, restaurants, cafés and more. Buy smart, build equity, then level up later.