Did you ever wonder how energy efficient your home is? Well now you are required to find out. The provincial government has passed Bill 150: the Green Energy Act, forcing Ontario residents to add another task to their to-do list before they can sell or lease out their home. Bill 150, the Green Energy Act […]
Rules Change For New Construction Condo Flippers
When a new home or condo has been purchased with the intention to flip it (sell it without actually occupying it), the seller must register the property with Tarion. The seller must also now provide the buyer with a letter agreement stating that the sale is a resale deal, the start date of the warranty […]
Buying Pre Construction | Q & A’s
If you have purchased or are thinking of purchasing a pre-construction condo in Toronto, then I’m sure you have plenty of questions. Here are a few common questions that I am asked by clients regarding purchasing pre construction real estate. Q. Can I choose my parking spot and locker location? A. If you have a […]
Warranty Protection on Buying Pre Construction Real Estate
When buying a new construction condo in Ontario, the Tarion Warranty Corporation provides protection to buyers under the New Home Warranty Program. Membership in this program is mandatory for new construction builders and offers protection to buyers of new construction in terms of a deposit protection, defects in the workmanship and materials and protection against […]
Toronto Condos | Pre Construction or Re-sale
When it comes to purchasing a condo unit, many of my buyer clients ask me which is the better choice, buying a resale or pre-construction unit. The difference between the two being that one already physically exists and the other one does not. Deciding which route to take depends on a few factors such as […]
Buying Pre Construction Real Estate
Buying a pre-construction has many advantages. The first advantage being choice. Buying from the builder allows you to have more choice when it comes to the selecting the floor plan/layout and the location of the condo unit in the building. Finishes and decor are also a feature you are able to customize at this time. […]
Why Use a Realtor to Purchase Pre Construction
One of the most common questions raised when looking to purchase a pre-construction condo is whether to use the expertise of a realtor. Sales representatives at new home sales offices are indeed licensed realtors but as a buyer should you have your own representative? It is in my opinion that using your own realtor is […]
The Process of Buying a Condo
Purchasers, first-time home buyers especially, generally lack the knowledge to determine what they can afford when it comes to buying Toronto real estate and how the purchasing process actually works. Here is a step by step guide on how the condo purchase process works: 1) Start by getting pre-approved by your bank or a mortgage […]
