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
13 Tips to Help Condos Sell Faster
December 5, 2018
Selling a condo can be tough, especially in a market where the supply is high. Sellers must be creative in showcasing and marketing their condo to sell. Working with a condo agent will give you an edge over the competition. They know every aspect of the industry well – from preparing your condo to sell, marketing, showing, and negotiating, to the legalities and documentation. Here are some other tips to help your condo sell faster; Price to sell – Pricing appropriately is a great contributor to selling condos faster. Significant market factors like the season, available listings, housing ...
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 ...
9 Ideal Colour Combinations for your Condo
October 1, 2018
Condominium units in a building often have layouts that are identical in size and form making them indistinguishable from each other. But you can always add your own character and personality by making sure the interior design is YOU. Primary to designing your condo is the colour scheme of the interiors. It dominates the design, deliver the preferred ambiance, and speaks of your personality. Here are nine color combinations that will let your home stand out and bring that homey atmosphere for you and your family. White and Shades of Brown Though your condo may be limited in space, there ...
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 ...
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 ...