First time home buyers are usually on the fence between renting or buying a condo. There are advantages to renting a condo, such as flexibility of residence, instant move-in, no permanent commitments and low to no down payment requirement. However, there are also great advantages to buying a condo or a house. So, before you sign on a lease, read the following advantages to owning your...

  Just like anywhere else, buying and owning an apartment in Canada is different than having a house. The house comes with the land it is built on and more. Simply put, you are buying a piece of land and everything within its perimeters – the house, the trees, the mines and minerals, and other improvements built on it. You have the absolute right to everything on, over, and under – within the...

  Buying a condo during the pre construction stage is a different process as the unit is still non-existent. Technically, you are paying for a home that is still being constructed or in the plans of being constructed. Presale condos are commonly offered at a discounted price to convince apprehensive buyers. The advantageous price and with proper diligence, you can make the most out of the...

  Space-saving is a way of life for condominium residents. Rooms can easily get crowded with the accumulated stuff. The kitchen especially needs to be organised, with all the kitchen appliances, silverware, glassware, tableware, utensils, pots and pans, grocery items and other food items. And while we cannot extend or build another room, we can always get creative and manage what we...

  Buying a condo, a house or other types of real estate properties are unlike any other purchase. It requires a lot of paperwork and legalities. And because of the sale price involved, buying a home is also financially challenging and confusing. Here are some of the most common financial terms and phrases relevant to buying a condo or a house in Toronto. Getting Pre-Approved. Getting pre-approved...

  Previous data from Toronto Real Estate Board (TREB) shows a decline in home sales, the lowest it has been in 15 years. While the housing market as a whole seems stable, Toronto has borne the brunt of low number of sales and home values this April compared to the same period in 2017. The hectic spring season brings in a lot of buyers as the market recovers from the slower winter months. However,...

  When buying condos, deciding between a new condo and a resale unit is an important step. Your choice will ultimately affect the price, location and other considerations of the purchase. There are pros and cons in buying into new developments as there are when buying a resale condo. Modern interiors and look – New buildings will have the latest and trendiest look and design. When buying condos...

  According to new data from the Royal LePage, luxury condo homes are growing in value compared to detached houses with an average of 10.4% increase in prices over the last four months. The Greater Toronto Area (GTA) has experienced declining homes sales in a season that bring in high volumes. The decline is attributed to government interventions, high mortgage rates, and low sales activity. Sales...

  Spring is always the season that sees a booming rise in home sales after slow sales in winter. However this year things are different in Toronto. The home sales have been going down since January, but experts are optimistic that the market will rebound back this spring. Home sales dropped by a staggering 35% from last year, with prices falling by 14%. Although the year-on-year comparisons...

  Space is always a challenge for decorating condos. Saving up space is a constant endeavour for condo dwellers. How do you keep your home neat, organised and looking great while dealing with limited space? Here are ten guidelines to follow when decorating your condo; Lighter Tones – Lighter colour tones visually expands the room, making it appear bigger than it is, while darker hues make rooms...