Investing

The Art of Flipping Toronto Condos – Part 1

Toronto Condos and Lofts are changing hands in a staggering pace.Annually, about 20,000 condos are added up to the market via non-MLS methods, usually sales centres for new developments, or directly from builders, then, another 85,000 transactions or so occur via MLS each year, and unknown amount of “flips” or “contract assignments” as we Realtors

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The Art of Flipping Condos: Part3 : Selling a condo contract assignment: how does it work?

So you’ve read part 1 and part 2 and you have a condo that you might be willing to sell, “if the price is right”. Here are some other variables you need to know and consider:What Price can I get? Just about everyone is asking this question first. The answer is, “that depends” on so

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Toronto Condos and Lofts: Free Condo Buyers Seminar by Yossi Kaplan, Manny Machado and Scott Brown

New Condo Buyers Seminar with Yossi Kaplan of UrbanRealty.ca, Manny Machado of MTV’s Budget Cribs and Scott Brown of HLC Mortgages will be taking place on Saturday, Oct. 20th at 12pm. Registration is FREE and MANDATORY is we are very limited in space: https://urbanrealtytoronto.com/iContact_signup1.htm WHO SHOULD ATTEND? – looking to buy a condo within the

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THE SEVEN DEADLY SINS OF CONDO BUYERS: #5 – WRATH (i.e.take it easy)

Hello again. Let’s say you’ve followed my recommendations so far, you over came PRIDE and found an agent you like to work with, you laughed at ENVY by sticking to you budget and realizing what your money can get you, you signed a Buyer Representation Agreement [PDF] to push LUST out of the way, and

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Condo Fees #103: Why Boutique Condos can make for Lousy Investment

So what are condo fees? these are the funds that are required for the building’s operation, such as maintenance, security, waste management, cleaning, water, power to common elements, boilers, etc. For a typical 800 sq. ft. condo expect to pay approx $400/mo. in condo fees, and remember that in most cases, the larger the complex

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Condo Fees 101: The Ballad of Poor Nick Clayton

When it comes to condos, ignorance is risk. Take, for example, Nick Clayton quoted in Eye Weekly’s Unreal Estate article, who in my opinion, is naive and was not given professional advice: “Now I understand what the maintenance fees are for”.Poor Nick got himself a house he could barely afford, forgetting that ALL EXPENSES, REPAIRS

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