Millennials, a true puzzle to previous generations, exhibit a different set of decision-making skills that are both unique and unpredictable. As the younger generation dominates the bigger portion of our society, new preferences that are different from the norm becomes prevalent. One of which is their predilection for condominiums rather than the standard house and lot home. Let’s understand how our young people who are smart, practical and dynamic see the advantages of living urban than rural. Millennials, having born alongside innovations in technology, are fast faced and goal-oriented. Living in a condo in the middle of Toronto gives ...
Understanding Why Millennials Prefer the Condo Lifestyle
September 11, 2018
10 Space-Saver Musts for Your Condo
August 27, 2018
Condo space is premium, the square footage you bought is the square footage you get. There are no options to extend another room or build an additional floor. With the limited floor space, squeezing in all your appliances, furniture and personal belongings can prove to be a challenge. However, there are ways to make your condo, spacious and comfortable without sacrificing style and aesthetics. 1. Try Convertibles Invest in convertible or multipurpose pieces that can serve more than one purpose without occupying as much space. A convertible sofa that can be your ...
Canada Condo Ownership 101
August 15, 2018
Just like anywhere else, buying and owning an apartment in Canada is different than having a house. The house comes with the land it is built on and more. Simply put, you are buying a piece of land and everything within its perimeters – the house, the trees, the mines and minerals, and other improvements built on it. You have the absolute right to everything on, over, and under – within the boundaries of the land. When buying a condo, land ownership and rights are not as straightforward as buying a landed property. Here are the key aspects ...
10 Clever Ideas to Add Storage Space to your Condo Kitchen
July 23, 2018
Space-saving is a way of life for condominium residents. Rooms can easily get crowded with the accumulated stuff. The kitchen especially needs to be organised, with all the kitchen appliances, silverware, glassware, tableware, utensils, pots and pans, grocery items and other food items. And while we cannot extend or build another room, we can always get creative and manage what we have. Full-length Cabinets – Go for floor-to-ceiling kitchen cabinets. You can use the top cabinets for rarely used items, while the bottom drawers can store pots, pans and heavy cookware. Modern minimalist cabinets offer a smooth and ...
Factors that Contribute to the Evolving Condo Lifestyle
July 16, 2018
Just a few years ago, buying a condo and actually living in it is mostly considered temporary. A transitional phase, the first step in the real estate investment ladder, a bachelor’s pad, a city home or an addition to an investment portfolio. Condos were the first home until one marries or starts a family, or until one is earning enough to buy a ‘proper’ home. Never as a home to live in and without any plans of moving out any time soon. Condos were not forever homes. But, that has changed a lot. Today, people are buying condos to ...
Condo Living 101: How to Party in Small Spaces
June 25, 2018
Gathering your friends or family for a celebration like Canada's day or a get-together could be a challenge if you’re hosting the party at home and you’re living in a Toronto condo or surrounding GTA condo. Condos are not known for large rooms and extra spaces. However, with careful planning and creative arrangements, a condo party can start rolling. Here are easy tips on how to throw big parties in small spaces; 1. Manage the guest list Determine the number of people you can invite. It should be a good number, where your guests should ...
12 Interview Questions to Ask a Selling Agent
June 18, 2018
Choosing the right real estate agent to list your condo to sell is vital to its success. As a seller, success translates to a quick sale for top dollar. This also means a selling smooth process with the least headache. While it is an agent’s job to strategize a quick and seamless transaction for the best price, it is your job to choose the right condo agent to do that. Here are twelve important questions you need to ask while interviewing the listing condo realtor; How long have you been a condo real estate agent? A realtor’s efficacy will ...
8 Advantages of Buying New over Resale Condo Units
May 28, 2018
When buying condos, deciding between a new condo and a resale unit is an important step. Your choice will ultimately affect the price, location and other considerations of the purchase. There are pros and cons in buying into new developments as there are when buying a resale condo. Modern interiors and look – New buildings will have the latest and trendiest look and design. When buying condos in older buildings, you will be stuck with its outdated design or need to renovate in order to update the look. With new condos, you can contribute to the design of ...
Toronto’s Growing Condo Market
May 24, 2018
According to new data from the Royal LePage, luxury condo homes are growing in value compared to detached houses with an average of 10.4% increase in prices over the last four months. The Greater Toronto Area (GTA) has experienced declining homes sales in a season that bring in high volumes. The decline is attributed to government interventions, high mortgage rates, and low sales activity. Sales activity across the GTA has been slowing down as both buyers and sellers adjust to economic measures the federal and provincial governments put in place to cool off the markets after the high experienced ...
Toronto’s Housing Market This Spring
May 17, 2018
Spring is always the season that sees a booming rise in home sales after slow sales in winter. However this year things are different in Toronto. The home sales have been going down since January, but experts are optimistic that the market will rebound back this spring. Home sales dropped by a staggering 35% from last year, with prices falling by 14%. Although the year-on-year comparisons have seen a drop, month-on-month comparisons tell a different story. There has been a steady increase in the housing market. The listings have been increasing, and there has been steady growth in demand and ...