Buying a condo essentially means buying into a low maintenance way of living. Condos can be an affordable and stress free way to live as each month the owner pays a maintenance fee to cover certain common costs of the building. While having a low maintenance fee is ideal there are other factors to consider […]
Power of Sales: What You Need to Know
Toronto had some gangbuster years in terms of real estate sale and skyrocketing prices. Many buyers bought during this frenzy and paid top dollar for a property. As reality sets in and property values start to decline, these home owners are now struggling to pay off their financial obligations, forcing the bank to take over […]
Toronto Lofts | Hard Loft or Soft Loft?
Today, Loft apartments have become a trendy style of living. The term loft is used to describe a large open concept living space with high ceilings and large windows. Lofts were originally popular amongst artists and bohemians because of their affordability and versatility. Now that lofts have become so popular, loft living is anything but […]
Pre Construction Condos | Selling Assignments
A common question raised during the pre construction process is assignments. For those who are not familiar with assignments, it is simply a sales contract entered into by two parties at an earlier date. It is essentially a transfer of the right to purchase that property from the original purchaser to a new purchaser prior […]
Choosing The Best Floor Plan
So you’ve made the decision to purchase a pre-construction condo in Toronto. Congratulations! Now here comes the hardest, but also more important decision -choosing the right floor plan. It is important to choose a layout that will accommodate your personal needs but will also prove to be attractive to potential buyers in the future. One […]
Mandatory Home Energy Audits in Toronto
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 […]
