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]

If you’re stuck between renting or buying a condominium or townhouse, there are some important differences between the two that you should know about before pulling the trigger. To help you reach a final decision, we have delineated what sets them apart. Ownership With a condominium, you only own your individual unit, with joint ownership of the common areas such as the tennis courts, walkways, airspace, and swimming pools, and the building structure itself with other... [read more]

So, you’ve heard that renting out a condo is like hitting two birds with one stone – renting out your condo helps you make living on the side, while tenants help you pay out mortgage with monthly rental payments. Sounds like a great opportunity for profit, but unfortunately, things aren’t as simple as they seem! First of all, there are tons of risks associated with tenants. Ideally, you would want good people to occupy the space you own, who take good care of your... [read more]

It is well known that human beings are always thinking about what is going to happen in their future. Predicting things to one's liking is nearly always the case, even though the evidence is contrary. In the same way, it was mostly predicted that the housing market in Canada will fall to its knees ever since the world has experienced an economic slowdown like no other during 2020. This prediction did correlate with the COVID-19 pandemic that had changed the work lifestyles like never... [read more]

One of the significant incentives that a condo has is that they can rent out their condo to earn extra income. Selling Toronto condos is becoming an extremely popular source of investment. This is so because after buying a condo, its owners can generally rent it to whoever they want and at whatever they wish to without any interference from a condo association board. Canadian Mortgage and Housing Corp how Toronto condos for sale and lofts for sale in Toronto are changing the trends at a... [read more]