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]

Owning a condo in Toronto is a dream that we all share. With the amount of space they offer, world-class amenities and facilities, 24/7 security, and proximity to urban areas, you cannot match the level of luxury available at one's disposal. Although many buyers are cautious when signing the sales agreement, they ignore other documents, considering them too taxing to understand. Additional fees and taxes, such as prevailing property tax rates, are essential fees to understand to keep... [read more]

How to avoid capital gains tax on rental property in Canada? If you’ve landed on this page, you most likely googled “How to avoid capital gains tax on a rental property in Canada”. Our real estate professionals at Toronto Condo Team covers everything you what you need to know about capital gains tax for rental properties in Canada. You might have to pay capital gains tax if you have a rental property. This type of tax occurs when a person sells more than the purchase... [read more]