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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..
Toronto Condos & Maintenance Fees: What Do I Need to Know?If you are thinking about buying a condo, especially for the
first time, you will probably have a lot of questions about maintenance fees.
Also called condo fees, these
monthly costs differ, and cover different things, depending on the unit and
building. Naturally there are many Frequently Asked Questions regarding maintenance
fees in Toronto.So let’s answer some common questions about maintenance
fees in Toronto condos:- What d..
Kitec Plumbing is a very contentious issue for condo buyers and owners. You might have heard about the issue of Kitec Plumbing, but aren't sure about the details. If you own a Toronto condo or are considering buying one, please take a moment to learn more about the problem.Background: Originally an alternative to copper pipes, Kitec plumbing is made from polyethylene and aluminum. It was used in the construction of townhomes and condo apartments between 1995-2007. Problem: It..
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