Do not let the excitement of buying your own condominium distract you from what’s important. Many buyers would plunge into buying a condo without much research. Prior to signing on the dotted lines, here are nine important questions to ask your real estate agent: 1. How much will I pay for my monthly dues and what are they for? There will be monthly dues once you’ve moved into your...
When you're in the market for a condo, there are unlimited things to consider. To begin with, you need to locate the right home for your needs...something with enough space to grow, something that suits your taste and budget. Be that as it may, all the more critically, you have to consider the neighborhood. In the event that you buy in the wrong neighborhood, even the absolute best home will...
CBC News released data from the 2016 census Wednesday showing “…households equal to 13.3 percent live in Canada condos, the ratio of households in condos has increased by 1.2 percentage points from the last census five years ago.” “Statistics Canada says almost 1.9 million Canadian households were living in condominiums as of 2016. As is to be expected, there is wide variety...
The number of people that are buying condos in the city has significantly increased over the past couple of years to groundbreaking heights. And while acquiring one in the city and surrounding areas can prove to be a pretty valuable investment in the long run, there are also a couple of pitfalls that could come out of the situation if one doesn't make an informed decision during purchase. In...
With the increasing prices of real estate in Toronto, the refund of up to $4,000 for first time home buyers, which is effective by Jan. 1, 2017, is a move by the government to help young members of the community to purchase a home. This is a small step towards easing the hesitation felt by many regarding whether or not they can afford their first real estate purchase. The refund, slated to be up to...
A new year is upon us and with it comes a sense of hope and the feeling that this is the year that your goals will see fruition. While this feeling is great, the only way to make it last is to be clear and disciplined. You want to save money, then put together a budget with the help of a financial professional. You want to lose weight (I’m not talking to you, you look great!)...
Mother's Day was yesterday and we hope that all the loving, caring, hardworking moms out there had a wonderful day! Motherhood comes with many challenges and many rewards, and at the end of the day moms just want their kids to be happy and healthy. And let's face it, we want those little rug rats to get outside and blow off some energy on a daily basis. A misconception of condo...
When investing in a condominium one has to look forward and measure potential value. Valuations and regulations have cooled the buy and flip frenzy many investors previously enjoyed, so many people are back to the basics of hunting out the properties which have the most potential for appreciation based on both location, and development plans for the neigbourhood. One Park West by Daniels looks...
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