Many average Canadian families are finding home affordability out of reach with higher prices and increases in mortgage rates, says a recent report from RBC. It states that the average household has to give 43.3 percent of its much needed pre-tax income just to service the cost of owning a bungalow at current market values. For a two-storey home, the affordability measure rose to 48.9 percent of it's pre-tax income in the July-Sept period. However, there is a beacon of hope for those still hoping to become home owners. Owning a condominium is the most affordable option, with a ...
Can you hear that? It's your condominium calling!
November 27, 2013
I heart my condo neighbours
November 14, 2013
Nirel Photography Community feel is a reason many people enjoy condo living. One likely receives a pleasant "good morning" or "cold weather out there" comment from one of their neighbours or concierge on most days. Perhaps even a funny anecdote shared by a neighbour that makes you chuckle. The truth is unless you are on Discovery's Life Below Zero show and crave solitude, human interaction is needed by most. A friendly smile can make someone's day, so with the holiday season approaching help your neighbour carry those heavy purchases to the elevator and give your concierge a bottle of wine ...
Maintenance Free Incentive Alert
November 6, 2013
Why do so many people love the condominium lifestyle? Everyone has their unique reasons, such as they like the cute girl on the 7th floor, but one reason that is pretty common among those who reside in condos is the fact that it is virtually maintenance-free living. We don't mean that one doesn't pay a maintenance fee of course, as the vast majority of people who live in condos do. They don't have to mow the lawn, shovel the snow, clean the outside of their windows all that plus much more is all done for them. What if we could ...
We are Thankful for You!
October 11, 2013
Thanksgiving weekend is so near we can taste it! Turkey, stuffing, cranberries, scallop potatoes and pumpkin pie oh my.. please expect to see us next week in the loosest pants possible. Thanksgiving is a special time of year to share with loved ones and just be grateful for all that makes you smile. Are you hosting Thanksgiving dinner in your condo this year? Many may doubt that you can pull off such a function in your condo, which may not be the largest option, but we know you can do it! You know how to maximize the space you ...
Are you finding your condo a little small?
September 13, 2013
Do you think your condo is small? Perhaps you could use a bit more space but surely it is larger than 230 sq ft. Well, yes you are saying but what does that have to do with anything? Would you believe a fellow Torontonian recently invested in a 230 sq ft house (converted garage actually but we digress) in the east end area of Greenwood and Coxwell. It has no running water but it sold for $165,000 about 28% lower than the original asking price of $229,000. Also it should be noted that it took only approx 3 weeks to ...
Do you know your neighbours?
February 20, 2013
Now I definitely don't leave my door unlocked at night or know anyone else who does as Michael Moore claimed we Canadians do in his movie Bowling for Columbine. I also don't recommend we start doing that but perhaps in our busy work all day lives maybe there is something to getting to know and becoming friendly with your neighbours. Those living in condos you might often run into your neighbours in the elevator or in your condo gym, making it easy to strike up a conversation with them. Who knows you might have loads in common and it ...
New Year Condo Ownership Dreams
January 2, 2013
January 2013. It's a new day, a new month and a new year. What are you going to do with it? Have you been thinking for a while that you would like to buy your first condo, or an investment condo, or that it is time to make a move from your current living situation? Is this the year you are going to do it? Buying a property is always a big decision and should not be taken lightly, however that is not an excuse to avoid buying property. The value you get from home ownership is immense ...
Happy New Year Greener Condo Living for 2011...
January 2, 2011
Happy New Year Viewers! The holidays were fun and filled with merry and cheer, but it's time to get back to business. 2011 is here and aside from my prediction that we'd all be traveling on our hovercraft skateboards by now I'm pretty excited of the prospects that exist in this new year! Developers are waking up to being environmentally responsible and are doing so by making their new developments green. Developers are incorporating these greener changes with the latest innovations leaving the buildings to provide state of the art living, healthy living and cost savings any condo owner can ...
December 8, 2010
Depending on where you live in this great golden horseshoe, I'm sure some of you had to dust off the old shovel, salt bag, snow brush and scraper this week. Old man winter has arrived and although there is something angelic about the snow as it falls gently to the ground, there is nothing angelic about losing the feeling in your fingers as you try to scrape the snow and ice from your car and driveway. Times like these one can really appreciate the appeal of the condo maintenance-free lifestyle. Sure it comes with a price in terms of the ...
Strongest Condominium Lineup
December 1, 2010
Condominiums.ca is proud to present the GTA & surrounding areas condominium starting lineup for the month of December (visual if you will - lights go off then music and flashing lights come on) Coming in as Michael Jordan we have Imperial Plaza 68 Main Street (Scottie Pippen) Chaz (Dennis Rodman) One Old Mill ( Toni Kukoc) Post House (Steve Kerr) What do these developments have in common you ask? Overall undisputed appeal to both investors and condo dwellers. Imperial Plaza gets the coveted Michael Jordan position because of its high score in all areas. Yonge and St Clair location is ...