There’s something in common between Toronto downtown condo living and dating. First, it’s about the size: “how big is YOUR condo?” – don’t tell me you never asked or were asked this question… ok then… a few more pearls: “How is the view?” “Does it look good from the back? or just the front?” “Are
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 »
“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 »
Explore King West vs. King West West in King West, Toronto. View live listings, floor plans, prices & building guide. Contact Yossi Kaplan, MBA.
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 »
361 Front Street: The Matrix – 750 sq.ft. unit facing the city with parking and locker was offered at $269,900, receieved 17 multiple offers and sold without any conditions at $292,500, as reported to me by listing agent. To me, that’s a steal: at $352 PSF NET someone got a great deal. I have visited
17 Multiple-Offers for Tridel’s Matrix 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 »
Note to re-sale buyers: if you’re planning on bidding on downtown Toronto condos and lofts, get your ducks and bucks inline as the last few sales I’ve seen happened within hours and were awarded solely on basis of price and no conditions. If you are going into a multiple offer situation:1. get pre-approved and have
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download article as PDF also in investing: How to Invest in Condos: The Seven Stages of Condo Investing Investing as Ownership Image of Trump International Toronto There’s a new kid on the block and it is called Luxury Residential Living. If you have the wants and means to live in an upgraded environment, your choices
The New Kid on The Block: Why Luxury Residential Push the Market Up Read More »
A new twist on home buying As rental rates rise some landlords are selling off apartments one by one, but watch out for that tax bill JANE GADD From Friday’s Globe and Mail Imagine owning a home in Forest Hill for a mere $121,000. Okay, it’s only a 400-square-foot bachelor apartment. But it’s solidly built,
Condos vs. Co-Ownership [media clip] Read More »
Resale record set; average price rises JANE GADD From Friday’s Globe and Mail A sizzling housing market is adding to the warm feeling experienced by homeowners in the City of Toronto this unseasonably mild winter. The city had its hottest year ever for home sales in 2006, surpassing the previous resale activity record set in
2006 Sales Sets New Record [media clip] Read More »
Deep Lake Water Cooling uses 90% less electricity than conventional cooling Toronto, ON – Enwave Energy Corporation, one of the largest providers of district energy in North America, today announced that it will provide the highly anticipated Trump International Hotel & Tower, currently under development in Toronto, with clean, reliable, sustainable, low cost air conditioning
