What You Should Know Before Investing in Toronto Purchasing a new condo in Toronto is a significant investment and requires careful consideration. Here are ten essential things you should know before making the purchase: Budget and affordability Budget and affordability are paramount considerations when venturing into the condo market in Toronto. As you embark on this exciting journey, it's crucial to have a clear understanding of your financial boundaries and evaluate what you... [read more]

Is It a Buyers Market? When assessing the current real estate market, buyers and sellers need to consider whether it's a Seller's Market or Buyer's Market. A Seller's Market is one in which buyers have less of an advantage than sellers due to limited inventory and high demand for housing. In this market, buyers may find themselves competing against multiple buyers for the same listing and potentially facing higher prices as a result of bidding wars.  Buyers Market... [read more]

What Are Condos? Living in a condo has many advantages. Condominiums are an excellent choice for first-time homebuyers. Indeed, it is a great choice for someone wishing to enjoy homeownership without a lot of maintenance. Furthermore, it provides a lifestyle of community living and walkable urban neighbourhoods. Unlike rented apartments, condos are privately owned apartments within a building. You can find their differences here. Read on further to get a detailed understanding of what... [read more]

The condo fees you will be responsible for paying are an important consideration. All in all, irrespective of whether you intend to live there, rent it out, or use it as an investment that you plan to flip condo fees is an important aspect to think about. Before you buy, be sure you are comfortable with these fees. Bear in mind that you cannot discuss or amend these condo fees once you have purchased a condo property. You will undoubtedly wonder whether the condo fees are genuinely worth... [read more]

After the initial stages of the pandemic, there was a noticeable rebound in the market for detached, semi-detached, and townhomes in the Greater Toronto Area. However, the market for condominium apartments was a little bit slower to adjust, but it finally did so in 2021. According to consumer polling, towards the end of 2020, first-time buyer activity was beginning to improve, especially in the City of Toronto. As a result, the condominium market saw an increase in listings and prices... [read more]