The new year promises to be a dynamic year for the Toronto condo market. With higher demand and prices and increasing supply, the industry expects a lively 2019 for the condos. Despite the high prices and demand, the market will continue its buyer’s market trend, making this year very favourable for buyers and investors. Here are some of the things we can expect in the condo market for 2019; Condos will be the primary housing option for buyers – Real estate prices are making single-family homes and townhouses too steep for many people, especially first-time home buyers. This ...
2019: A Robust Year for the Condo Market
January 7, 2019
9 Questions to Ask Your Realtor When Buying a Condo
November 14, 2018
Do not let the excitement of buying your own condominium distract you from what’s important. Many buyers would plunge into buying a condo without much research. Prior to signing on the dotted lines, here are nine important questions to ask your real estate agent: 1. How much will I pay for my monthly dues and what are they for? There will be monthly dues once you’ve moved into your new condo. Know how much your monthly dues would be and what they are for. This might include your building maintenance, water, electricity, parking and amenities. 2 ...
Height Matters: Does it Pay to be at the Top?
October 29, 2018
When buying a condo, one of the things you will have to decide on is the location of your unit in the building. What is the best condo floor or level? Given all other factors – floor space, number of rooms, your preferences, the location of amenities and facilities, are equal and irrelevant, here are the main considerations when choosing your unit location. The pros of higher floor units; The views are amazing – The top floors have the best views. You get dramatic views of the city, and with no neighbouring buildings or trees to block the ...
From Towns to Lofts to Ideal Locations This VIP Condo Line Up Has It All
October 18, 2018
Book Your VIP Appointment Today Baker Hill Townhomes - Stylish Living in the Heart of Stouffville Baker Hill Towns will be located by Main St and Baker Hill Blvd in Whitchurch-Stouffville, ON just steps from bustling Main Street Shops, cafes, banks, services and GO Station. Many homes will have a real yard, spacious balcony or a rooftop terrace. Prices start from $559,900 - $799,900 and sizes range from 1409 sq. ft. - 1934 sq. ft. Maintenance fees are only approx $100/month for road and common areas. Expected occupancy is December, 2020 and the deposit is $5,000 on signing, balance to 5% in 30 days, 5% in ...
VIP Condominium Line Up - Something for Everyone
October 11, 2018
The Fall season is not just a time to enjoy the beautiful leaves. It's also a time to make your real estate desires come to fruition before the year end. We've got a line up of VIP condo launches that's sure to please. Book Your VIP Appointment Today 57 Brock - Boutique Residences at Dufferin and Queen St W 57 Brock will be nestled in Queen St W. which is known as one of the world's coolest neighbourhoods. Prices start from $490,900 - $1,125,900 and sizes range from 501 sq. ft. - 1121 sq. ft. Expected occupancy is Nov ...
Understanding Why Millennials Prefer the Condo Lifestyle
September 11, 2018
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 ...
5 Key Advantages of Owning your Condominium
August 20, 2018
First time home buyers are usually on the fence between renting or buying a condo. There are advantages to renting a condo, such as flexibility of residence, instant move-in, no permanent commitments and low to no down payment requirement. However, there are also great advantages to buying a condo or a house. So, before you sign on a lease, read the following advantages to owning your home; Increased net worth Buying a condo or a house will likely instantly increase your net worth. This also brings financial advantages such as improved credit score, better lending opportunities and buying ...
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 ...
Things to Know when Considering a Preconstruction Condo to Buy
July 31, 2018
Buying a condo during the pre construction stage is a different process as the unit is still non-existent. Technically, you are paying for a home that is still being constructed or in the plans of being constructed. Presale condos are commonly offered at a discounted price to convince apprehensive buyers. The advantageous price and with proper diligence, you can make the most out of the benefits of buying your condo during the pre-construction stage. Floor measurements – The stated floor area might not be exactly what you’re getting. Developers would usually indicate the square footage up to the boundaries ...
Home Financing Guide: A Primer
July 9, 2018
Buying a condo, a house or other types of real estate properties are unlike any other purchase. It requires a lot of paperwork and legalities. And because of the sale price involved, buying a home is also financially challenging and confusing. Here are some of the most common financial terms and phrases relevant to buying a condo or a house in Toronto. Getting Pre-Approved. Getting pre-approved is not a requirement but is a significant component to buying a condo or a house in Toronto. Getting pre-approved means your financial standing has been reviewed and approved eligible for real ...