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How can you tell if it’s the right time to buy a condo?First of all, there is not an exact formula that determines if now is the time. There are some important things to consider, but no black and white answer.But wait:There are many ways you can get an idea of the state of Toronto’s real estate market at the time you’re hoping to buy. Then, you can see if buying is a solid option for you at this time.What ways can I tell if now is a good time to buy a condo?To begin:Talk to a professi..
New condos are the best investment right? Not always. Consider this:Right now, since there are so many buildings under construction, condos even 5 years old aren’t considered “new” enough for buyers seeking an untouched condo for sale.What does that means for older buildings?First of all, the genuinely older condominiums stand out from the towers. In a market place with as many options as Toronto has, these buildings will forever have a niche spot in buyers’ minds.In addition, buyers a..
What is one thing available in today’s Real Estate Market that wasn’t available in decades past?Access to a wealth of online reviews!When choosing a real estate agent in Toronto it used to be all about referrals and even blindly calling a number on an advertisement. (Bus benches, big hair, and white-toothed grins come to mind. Ah, the 80’s).But now:While these ads still exist, and many might feature quality agents, today you also have so much more knowledge right at your fingertips.So, with..
When looking for the right
home for you, location and budget are of course going to be top of mind. When
you have decided between condo vs. house, then it’s time to decide between turn-key vs. fixer-upper. If you have a certain
neighbourhood you want to buy into, sometimes “fixer-upper” homes are what you
can afford. Or, you might be able to get a larger home with more bedrooms than
other homes in the area if it needs some work. These types of homes are
also a great opportunity for investm..
You might be looking at
properties and notice the word “freehold.” This word, associated with townhomes
in Toronto, leads to some confusion. When you prepare to buy a townhome you might
assume it will be a condominium, where you pay monthly maintenance fees and
share any common amenities. However, freehold townhomes are on the market too,
and are different in a few key ways.
What exactly is a freehold townhome?
How is it different than the type of ownership..