The ARMSTRONG Team Blog

The latest real estate news, listings, and information that will affect your home!

Buying

Should I Buy a Fixer Upper in Toronto?
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..
Freehold Vs. Condo Townhouse: What’s the Difference?
 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..
Townhouse vs. House: 5 Considerations For Toronto Buyers
Townhouse vs. House: 5 Considerations If you’ve decided you want a low-rise home, it’s worth comparing condo townhouses and single-family houses before deciding to buy. What are the differences between the two? Which one will be better suited for you- for both your budget and your lifestyle? To help you decide, these are some of the things to consider when deciding between Buying a Townhouse vs. a House:  1. Purchase Price As ..
10 Tips For Buying a Toronto Condo
Research builder reputation online8. Look into the developer/condo corporation. For any building you’re considering moving into, you should research the builder (especially with pre-construction, since their reputation is one of the few things you’re basing your decision of whether or not to buy on). Make sure th..
10 Ways To Save For A Home in Toronto
When you’re thinking about buying your own home, it can mean sacrificing some things for a while in order to reach your goals. Saving for a down payment can take time, especially in a more expensive city such as Toronto, but there are some time-tested tips for saving faster.They won’t all be easy, but in the long run you can look back and realize it was worth it to get your new house or condo!Here are 10 Ways to Save For A Home:1. Live with parentsIt’s an idea you might hear suggested a lo..
Best Toronto Neighbourhoods For Young Professionals
When you’re considering moving to a new home in Toronto, lifestyle and budget are the two major deciding factors about where you buy or rent. Young working people most often want to be close to work, while also walkable to restaurants, entertainment, and night life. Whether renting or buying, condos are a great way to live in your ideal neighbourhood, while also offering a turn-key lifestyle and exciting amenities!If you want to be able to get to and from work fast, AND enjoy an active lo..
7 Best Toronto Neighbourhoods For Young Families
Toronto buyers and renters are all looking for a home that will be the right fit for them. If you’re a parent, you want to find a home in a neighbourhood where your children will also thrive. From children’s recreation and activities to schools and parks, there is a lot to consider when trying to find the right place for your family. While there are many areas that young families enjoy living in, here are 7 of Toronto's favourite familiy friendly neighbourhoods to check out when looking f..
Should You BUY or RENT in Toronto?
Are you torn between the question of whether to rent in Toronto or buy in Toronto?You're not alone!The question of whether to buy or rent in Toronto is one a lot of people have when looking for a new home. It involves thinking about your long-term plans, your lifestyle, and your finances. When you think about finances, investment is of course a consideration but, even more importantly, you need to know what you can afford without getting in over your head. ..
All About Condo Maintenance Fees in Toronto
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..
How Can I Win A Bidding War in Toronto?
What are Some Tips For Winning a Bidding War?In a city like Toronto, bidding wars are just one of the scenarios you are likely to find yourself in. As a seller, it’s an ideal situation as more competition drives up the final sale price. As a buyer, however, the bidding war can be an emotional and frustrating process. Buyers see time pass, properties they loved sell to someone else, and reasonable (and even high) offers rejected. Our first suggestion is to work with an experienced Realt..
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