The ARMSTRONG Team Blog

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

First-Time Buyers

Buyer's Market and Seller's Market: What's the Difference?
A Buyer’s Market or A Seller’s MarketWhat’s the difference?As you know, the real estate market is subject to change. Whether its due to a new law passing, a downturn in the economy, or any other reason, the price and supply of homes will be affected as a result. If you are planning to buy or sell you'll want to understand what type of market you find yourself in, so you know how to reach your goals. Starting with some research is always a good first step.Now, you’ve like..
East Side vs. West Side Toronto: What's the Difference?
Buying in East Toronto vs. West Toronto(What’s the difference?)The debate over which is better, East Side or West Side, is one with no losers (Toronto is pretty great no matter which side you live on)! Yonge Street is seen as the invisible dividing line between the two.While many people argue one side is better than the other, there are areas on each side that are amazing places to call home. Where you’ll be happiest really depends on your individual lifestyle and wish list. So, let’s take a loo..
House Vs. Condo: What Should YOU Buy in Toronto
"Should I Buy a House or Condo?"So, you’re looking to buy your next property in Toronto. It’s an exciting (and nerve-wracking) time for everyone! In the city of Toronto in particular you might be considering whether to buy a House or a Condo.These different market segments are often compared based on a variety of factors. Some look closely at the price point, some at the long term investment, others at the cost of maintenance, the value of location, and so on. There’s a lot to consider!&nbs..
Toronto Neighbourhoods Ideal For First Time Buyers
Best Toronto Neighbourhoods For First Time Buyers Does a home in Toronto feel out of reach within your budget? Let’s be honest, the Toronto real estate market is known for being an expensive place to buy a home. Often very expensive. However, if you are a first time buyer don't despair- there is still hope!Whether you’re looking for a condo apartment or a single family home, there are still less pricey areas. Of course, if you’re willing to live in a smaller space or do some renov..
How to Pick a Toronto Real Estate Agent
How to Pick a Real Estate Agent So you’re thinking about buying or selling, and are looking for a professional to help it all go smoothly. (Good call!)You might be wondering how to find the right agent for your specific needs.Here are our Top 5 Tips for finding the best real estate agent for you:1. Seek A Top Agent: Find out who is experienced in your specific market, such as your neighbourhood or home type. Research pays off! You do not want to hire someone who lac..
What Is A Status Certificate? Do I Need To Read It?
In Toronto, as part of the Ontario Condo Act, condo buyers have access to a Status Certificate. It is put together by the condo board with updated information about the building. Most notably, this document provides information about the building’s financial status. If you’re going to financially invest in a condo, don’t you want to know everything you can about what you’re putting your money into? Of course you do! So yes, order and read the Status Certificate. What is ..
What is Kitec Plumbing?
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..
What is an Assignment Sale?
Assignment Sales ExplainedYou might have heard about Assignment Sales in regards to pre-construction condos in Toronto. Or, you might be thinking about buying an assignment property.What is an Assignment Sale?An assignment sale is when an intended buyer of a property (The Assignor) sells their purchase rights to a new buyer (The Assignee). They are actually selling their contract with the builder or property owner before they ever take possession. Therefore, they “assign” the..
Showing 21 to 28 of 28 (3 Pages)