Buying Vs Renting: What to Consider When Deciding Between Homeownership and the Simplicities of Tenancy in the GTA The Greater Toronto Area (GTA) real estate market has often been compared to a roller coaster, with its highs and lows significantly impacting decisions on whether to buy or rent. The COVID-19 pandemic introduced unprecedented fluctuations, causing both housing prices and rental rates to swing wildly. This article delves deep into the historical and current trends affecting... [read more]

Calculating Your Downpayment for Condo In Toronto Making plans to buy a brand new property is a reason to celebrate. However, it can be challenging to determine the exact down payment needed for a condo in Toronto. At The Toronto Condo Team, we have created an outline of down payments for condos so you have all the information and can pay for your new home. What Is The Cost Of A Condo Downpayment? The typical down payment for Condos in Toronto could go down to as little as 5%.... [read more]

Pros and Cons of Buying a Condo in Toronto, Canada You have a wide selection of options in Toronto, Ontario as a condo buyer. As the largest metropolitan city in Canada, Toronto offers residents opportunities for education, business, entertainment and more just outside their front door.  With your condo purchase approaching, you may be concerned about what property to buy, where to buy it, and whether you're making the right choice. Toronto Condo Team has created a... [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]

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]