TORONTO CONDO TEAM BLOG

  Toronto has an increasing rate of high rise condo population in the city. More and more people prefer to stay in condos for different reasons, but one common  reason is that its affordability. There are many other advantages to living in the condos such as they are affordable while also offering a lot of amenities such as swimming pools, BBQ area, rooftop deck, fitness centers, golf courses, party rooms, etc. whereas you can only get so much living in a separate... [read more]

These days people don’t usually go for long terms plans or don’t prefer looking at the bigger picture. Same comes down to condos. When people go for investment plan in a condo, you only see short-term benefits and profits.  However, this short-term investment strategy can lead you to a world of disappointments and distress. What’s the trend in investments? This question can be answered through an example which is interactive and it will let you understand how the... [read more]

Toronto, Ontario is one of the most loved and admired cities of Canada. Many people keep eyes on residences in Toronto because it is economically the soundest and a well-maintained city of the country. Why Reside in Toronto?   Toronto is an amazing city. There are numerous compelling reasons that will explain why the condos in Toronto today are high in demand. Multicultural: Toronto is a city that comprises of people from all over the globe. Even the motto of the city... [read more]

The condos in Toronto, Ontario in Canada are in high demand these days. The real estate business is also on a rise in the city. There have been slight changes in the rules for buying a condo in the city for the year 2018. In order to buy a condo in Toronto, you must first go through the new rules and understand them.   The Current Condo Market of Toronto: It is important that you understand the real market in Toronto. Due to the high demand for condos in the city, the average days... [read more]

On 1st January 2018, new and tighter mortgage regulations are released out. Now, it is the time to put light on what this is for you people. Before, October of the year 2016 government deployed latest mortgage rules, which are most commonly called ‘stress tests’. These stress tests required for each and every insured mortgage to be given approvals by the posted and set of rate 4.46 percent by the Bank of Canada. Now, it is being introduced for the un-insured mortgages and which is... [read more]

What we are going to learn below is if the condos have become the living standard in Toronto. As per the new initiative which was taken by the City of Toronto, families living in high-rise building condos in the downtown Toronto contribute about 70 percent. It is also known as Vertical communities. Ever since the 60s, the high-rise buildings have been affordable to the downsizers or to the people who are buying for the first time. Nowadays, it is a growing truth when considering the new and... [read more]

For every person who is looking forward to buying a new condo in Toronto has only one question in mind, which is; what features to look for in the condo? This question needs to be catered by every builder as well. What are the features that you need or want when looking for a condo to live in or to make it a desirable habitat for yourself and your family? To conclude the results for these questions, Avid Ratings Canada conducted a survey about the preferences of the condo dwellers. The... [read more]

Buying a condo in Canada has been easier in the past due to the lenient lending rules in Canada. The housing market of Canada is fast and the government has been trying to slow down this market. This time, there are some major changes being introduced by the banking regulator of Canada, OSFI, which will be implemented from 1st January 2018. Fears of the Government of Canada: The changes are due to the housing market situation in the country. the government has been taking into... [read more]

Colors define our world. People, over the years, have attached different meanings to different colors. We design our clothes and homes considering the meanings attached to them.   With green comes the sense of nature, freshness and peace. Why, out of all the colors are we talking about green? The Pantone, color of the year 2017 is greenery, that’s why. Green is a color that is easy on the eyes. It is not only soothing and energizing o look at, but also provides an attractive... [read more]

Over the years, Crowdfunding has evolved dynamically. It is basically a practice of funding in property or projects from the public of different countries, mainly through internet. People with high opulence approach the crowdfunding website, choose the project they like to invest in and get return on investment over a bunch of hold years. There exists a high risk, but even a small investment can help you raise a large amount of capital. If you are thinking of investing your hand-earned... [read more]