Nick (not his real name) plans to invest in a Toronto condo and so he makes a date with his trusted real estate agent and explains his interests. He intends to buy, hold and sell his condo in 10 months. Obviously, Nick wants to have a minimum risk on his new investment and to make profit on some 10 months or so condo appreciation. The truth is, there’s a problem with his thinking and the sad part is he’s not alone. The short-term investment mindset is the current trend in Toronto real estate market that we would highly advise against ...
Debunking the “Buy, Hold, Sell” Condo Investment Approach
May 7, 2018
5 Reasons Condos are the Ideal Starter Homes
April 30, 2018
Buying your first home is a major adulting milestone. Your own home comes with independence and the pride of ownership. However, it also means responsibility and increased costs of living. Thus, wisely choosing your first home is key to successful homeownership. First home buyers will often look for smaller homes, fixer uppers and condominiums, mainly because of its price tags. Here are five reasons why condominiums win as the best starter homes; Condos are more affordable. Condos are generally cheaper than houses of similar size and location. This means lower contract price, more affordable down payment and lower ...
Tips for Buying A Toronto Condo In 2018
April 25, 2018
With a boom in condo ownership, buyers are expected to become savvier about what makes a condo unit stand out. Whether you are a first time buyer or a seasoned investor, you’ll find home buying exciting and equally overwhelming at the same time. You will be entering a vast world of terminology, conditions and process you likely have little or no experience with. In this article, we discuss 5 tips you need to consider before taking the leap to help you navigate the process smoothly. 1. Builder Reputation Before you put your money down to anything, it ...
Top 10 Features that Sell Condominiums
April 23, 2018
How you position and promote your condo apartment will reflect how it will go – a quick sale or a languishing listing in the market. To improve your chances of selling your condo faster, it is important to note what the buyers are looking for, so you can highlight the same features in your listing. It will not give much benefit promoting features that nobody wants while burying those that are attractive to buyers. City Views – Amazing city views are premium condo selling feature. Living high and enjoying the views are among the top perks of the condominium ...
The Perks of Living Alone
April 16, 2018
The number of people living alone in condominiums is rising. Going solo is a lifestyle. In an age of social connectivity and collaborative workplaces, living alone provides a break from too much socialisation and interaction. Having a home all to yourself gives you identity, the respite from the everyday hustle-bustle and freedom from all cares, if only for a few hours a day. Live as you like it. You can play your kind of music, bring in pets or friends without having to worry about bothering anybody and go as clean or as messy as you’re comfortable. Go naked ...
Condo Rental Tips for First Time Landlords
April 9, 2018
Real estate is still the safest investment choice. Land and home values are slowly and steadily increasing. Condominiums offer a more dynamic investment option as if done correctly they can generate a positive cash flow from rentals. Condo units are also cheaper and usually easier to sell than detached homes. However, to be a successful condo investor, you will need to know and do your duties as a landlord and to learn to find the perfect tenant. Here are some condo rental tips for first time landlords; Review your building’s rental rules. Condos in Canada are governed by ...
Creative Ways to Maximise Use of your Balcony
April 2, 2018
Balconies are integral to the condo lifestyle. While we appreciate the extra space and the wonderful views we get from balconies, we aren’t fully conscious of the many more possibilities we can make use of the space. Here are six wonderful ways we can maximise the use of condo balconies during our warmer months; Breakfast Nook Would it be wonderful to have your morning coffee while enjoying the views and the warm morning sun? The balcony gives you awesome views and ample natural lighting, perfect for a breakfast nook. Create your own cheerful breakfast nook in one corner of ...
Steps to Finding the Right Condo for You
March 26, 2018
Buying a condo can either be fun or overwhelming, however you choose it to be. Buying a real estate property is a huge financial commitment. You cannot afford to make crucial mistakes. But, with the right people helping you find the perfect condo, the endeavour could be enjoyable. Get help from the experts. Not all real estate agents are the same. Some agents specialise in commercial properties, others on condos, and many on suburban houses. If you’re buying a condo, get a condo specialist. Condo realtors are trained not only on finding you the right condo, they ...
Eight Cumberland Condominiums - New Release
March 21, 2018
Yorkville's Definitive Condominium Address - New Release Floorplans 8 Cumberland Condominiums by Great Gulf is the epitome of Yorkville Living. Yorkville is by many accounts the most famous neighbourhood in downtown Toronto with many of the most popular dining, shopping and entertainment establishments in the area. Nearby subway stations include: Bloor-Yonge, Bay and Wellesley. Top universities are only minutes away. The window to secure a suite during this New Release is small so don't delay, register here. Estimated occupancy is September 2021. Click Here to View the Floor Plans Click Here to View the Features and Finishes Register Here for ...
14 Easy and Effective Condo Staging Strategies
March 19, 2018
Selling a condo is not easy, especially when there’s a bunch of similar properties available in the market. But, you can trump the competition with a little help from the experts – an experienced condo real estate agent and a professional condo stager. While you can’t go around not having a realtor, here are some easy and effective staging strategies that can help you sell your condo fast; Depersonalise – Time to take down portraits, family pictures, your children’s school medal collection and your personal collection of dolls, records and whatnot. Replace them with artsy pictures, artworks or classy ...