Regardless of whether you are buying a pre-construction condo as a rental investment property or a place to call home, it is a huge financial undertaking which entails a lot of thought. With prices of condos for sale in Toronto still soaring high above, more and more new buyers have shifted their eye to pre-construction condos. The only drawback to buying a condo in its planning and development stage is that you can’t see your unit until its ready and can only rely on drawings and... [read more]

If you are looking to invest in property, buying a condo as a real estate investment property is the best idea for plenty of reasons. Condos are usually much more affordable than single family homes and are equipped with a host of amenities you otherwise wouldn’t be able to afford. Not to mention, condos are usually located in desirable neighborhoods and are always high in demand. Also, the maintenance is more comfortable in case of elements. Here are some plausible reasons you... [read more]

In a thriving real estate market like Toronto, the average price for a stand-alone family home was just under $930,000 whereas the average price for a condo in Toronto was just over $660,000. For a first-time buyer, investing in a condo means a massive saving of almost $300,000. When purchasing a condo in Toronto, you get two different options: pre-construction and resale. A resale condo is one that is already built and is move in ready. On the other hand, pre-construction condo is one that you... [read more]

Toronto is home to some of the most incredible condo buildings in the world with jaw dropping architectural marvels– the epitome of opulent living. It seems as if all developers are in a bid to outdo one another, and 2020 is going to be no different. From what we hear in the Toronto real estate section, it looks as if 2020 is going to be the year of some amazing condo wonders. Of these, the Toronto Condo Team has sifted out 5 development proposals which left us gaping in... [read more]