Many of my clients are looking for a new or newer condo to purchase. The appeal of contemporary finishes, clean lines and modern appliances and fixtures are too hard to pass up. For most of them, however, purchasing a turn-key resale condo is their only option as they cannot afford to both purchase a condo and renovate it or they just do not want to deal with renovations. The challenge with newer condos is that they usually come with a higher price tag but smaller footprint (square footage).
Granted, most… Read the rest
February 27, 2012 – 2:51 pm
By Eddie
|
Also posted in Architecture and Design, Blog
|
Tagged architect, architecture, Buyer, Condo, Condominium, interior design, investor, RAD Design, reno, renos, renovation, resale, St. Lawrence, Toronto
|
A few years ago, I left my pie the sky (a 720 sq. ft. condo on the 50th floor in the heart of Toronto) and purchased a house in the east end of the city. I was a little uncertain as to what I could afford and what I really wanted, but I knew I was ready to venture back to a lifestyle minus elevators and a little away from the hustle and bustle of downtown. After seeing a number of homes, I finally stumbled across a house that was… Read the rest
November 14, 2011 – 11:22 am
By Eddie
|
Also posted in Architecture and Design, Blog
|
Tagged Buyers, design, designer, exterior design, home, home buying, House, renos, renovations, Toronto
|
If you like to browse the Multiple Listing Service (MLS) website in your spare time, then the today’s changes to this home finding tool will be of interest to you.
Today, the Toronto Real Estate Board replaced the current, out-of-date and arbitrary, 86 alpha-numeric districts with easier to understand community names and boundaries which were provided by government bodies with input from Realtors.
Many of the current districts were drawn when places like Markham and Vaughan were mostly rural and not the bustling communities that they are today. The increase… Read the rest
Back in November of last year, we shared with you Mayor Rob Ford’s campaign promise to eliminate Toronto’s land transfer tax by the end of this year.
Last week, however, Toronto’s budget chief says the city cannot afford to get rid of the land transfer tax this year despite the wishes of the Mayor.
The reason given by Ford’s budget chief Councillor Mike Del Grande for not removing the additional tax is simply that the Mayor’s promise was not realistic, given the city is facing a $774-million budget shortfall.
By… Read the rest
By Eddie
|
Also posted in Blog, Real Estate News, Sellers
|
Tagged budget chief, Buyers, Land Transfer Tax, Market, mayor, mike del grande, rob ford, Sellers, timing, Toronto
|
When I meet with buyers for the first time, we usually go through what they are looking for in terms of location, space, etc. When we get to the type of dwelling desired, many buyers who tell me they prefer a house over a condo often mention that they do not want to pay the monthly maintenance fees associated with owning a condominium. Unfortunately, what some buyers do not realize is that they cannot get away from maintenance costs, even when owning a house.
Condo maintenance fees are a monthly… Read the rest
By Eddie
|
Also posted in Blog, Real Estate News
|
Tagged Condo, Condominium, First-time Homebuyer, home operating costs, homeowner, House, maintenance, maintenance fees, operating costs, repairs
|
