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
Condo Fees 101: The Ballad of Poor Nick Clayton Read More »
Sapphire Tower cost investors $28 million dollars in bad debts. Sapphire (planned) and 1 King West (completed) are two projects gone belly up this past week, taking with them a lot of investor’s money that was not properly protected. Doubt if they will ever see their hard-earned bucks back. So here’s what I want you
How to Lose $28 Million in Real Estate Read More »
With significant upwards momentum in real-estate pricing especially this year marking a phenomenal increase in condo values, clients often ask me these two questions: “my friend told me the market is going to go under” and “my friend told me that it’s better to buy a house then a condo”. So lets look at these
“My friend told me…” Read More »
VIP Registration click here Episode II of the saga is written as recent changes in the market require highlighting. New Developments are fueling the market with injections of new, sexy, ultra-modern architecture, replacing older structure with desired ones. Buying from plans is still the cheapest way to get into new buildings, although expect to pay
Keys To The VIP – Vol. II Read More »
N1 is a new CityPlace 42-story tower on the West side of Spadina towards Lakeshore Blvd. N1 is a part of the N1, N2, O and WEST ONE complex. The facilities are spread and shared between the buildings, offering a unique Sky Garden on the 27th with a bookable private party room seating 16, The
EXCLUSIVE SALE! CONDOS @ N1 TOWER Read More »
“Timing is everything” especially when it comes to selling. “Off-Loading” occurs when a new residential building nears completion. Investors who pre-purchased bulks of condos start to “Off-Load” their inventory to the private market (NOT on MLS). Buyers who are now in position to buy into nearly-completed projects can take advantage of inventory not available before
Off-Loading: Buying and Selling Investor Stock / Part 1 Read More »
Many of us think of purchasing a condo in this fashion: save for downpayment, find a condo, pre-qualify for future mortgage, buy the condo, wait till it’s built, move in and own. But in reality it’s not that easy to save for downpayment, and prices increase faster then one can accumulate savings, eroding your savings
“August 2, 2007 — TREB Members reported 8,912 total sales in July, 26 percent ahead of the 7,082 sales recorded in July of 2006, and an all time record for the month.” as reported by TREB. Downtown East (C08) concluded 1,248 transactions averages selling at $336,500 with 24 Days On Market. Downtown West (C01) 2,415
July Breaks More Records – WHY? Read More »
550 Wellington West and 650 King Street West now command $500 PSF. Expect similar values around the King/Spadina to King/Bathurst corridor.For $250,000 expect 500 sq. ft. with no parking or locker. For the same amount you’ll score approx. 20-25% more space at Liberty On The Park, and that’s why we like it: combination of location,
King West vs. King West West Read More »
Downtown Toronto is seeing a positive price correction, and it’s happening fast: from the beginning of 2007, prices of downtown condos (and homes) increased 10% – 15%. Bidding wars are everywhere. Your downpayment and your income erode so quickly, that if you do not make your move now, your future condo will be getting smaller
Why You Need To Buy Now Read More »
Investors only, please: we’ve opened Liberty On The Park to our group of investors, with select investor-grade units available at preferred terms. If you are interested and understand the benefits and risks of investing in Toronto real-estate then read on. Liberty On The Park is a 211-unit condominium building on Lynn Williams Avenue, featuring 9ft.
Liberty On The Park – Open to Investors Read More »
*** Liberty On The Park is launching. Email for details. *** The reasons I like Liberty Village so much are pretty simple: Location, Location, Location: The Gardiner, Queen West, Downtown or High Park all within minutes of walking, driving or cycling. Prices are reasonable and affordable: Call me for details. Great finishes and amenities. With
Liberty Village (while you can) Read More »
Now although I do not expect any you to become a maverick real estate investor after reading these, these all make sense yet seldom put together: 1. Buy low and sell high. At all cost avoid buying real-estate at market value. With new developments that means buying as early as possible, if you can, get
The Best 8 Tips You’ll Ever Read About Buying Investment Condos. Read More »
Toronto Star‘s Tony Wong article “Brokers wait for piece of condo action” depicting Realtors standing in long lines and quoting from Will Dunning: “Investors are out in force, sowing their own disappointment”. I emailed Will asking him to explain this statement, but never got a reply. Will’s article is here. Read it and decide for
Response to Tony Wong’s “Brokers wait for piece of condo action” Read More »
Liberty On The Park Condominiums is the next installment of the high-quality, master-planned community at Liberty Village. As Liberty Towers and Bliss Condos quickly sold-out, we’re now introducing the next phase of this unique, master-planned community: Liberty On The Park. For more information on this property or any other new development, contact us.
Liberty On The Park Condominiums Read More »
