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Realtor MLS vs Public REALTOR.ca

When the times come to buy a home or condo in Toronto, most buyers will start their search on the Internet and more specifically on Realtor.ca, an online database of properties for sale. This site which was formerly known as MLS.ca has recently experienced a nice face lift and now incorporates interactive maps to help […]

Toronto Condos | Luxury Real Estate

Toronto’s Luxury Condos are actually quite affordable when comparing them to condo prices around the world. Luxury condos in Toronto range on average from approx $850 to $1500 per square foot. Other cities such as London and New York run from $3,600 to $8,400 and $2,100 to $6,000 respectively. Singapore’s “The Marq” sold a condo […]

Info For Buyers & Sellers

Using a Realtor VS For Sale By Owner

In the real estate industry we call home owners that market their property for sale on their own FSBO’s or aka For Sale by Owners. The obvious main goal of a FSBO is to save money on real estate commissions. In the past few years we have seen more For Sale By Owners in the Toronto area, especially in the lower price […]

Toronto Condos | Maintenance Fees

Each month, condos owner pay a maintenance fee. This maintenance fee is a combination of all the costs to run and upkeep the condo split up between the condo owners. Cutting down on services and amenities offered to the residents helps to keep the maintenance fees down. With more and more people becoming cost conscious, we have […]

Pre Construction Condos | Selling Assignments

A common question raised during the pre construction process is assignments. For those who are not familiar with assignments, it is simply a sales contract entered into by two parties at an earlier date. It is essentially a transfer of the right to purchase that property from the original purchaser to a new purchaser prior […]

Mandatory Home Energy Audits in Toronto

Did you ever wonder how energy efficient your home is? Well now you are required to find out. The provincial government has passed Bill 150: the Green Energy Act, forcing Ontario residents to add another task to their to-do list before they can sell or lease out their home. Bill 150, the Green Energy Act […]

Things to Consider When Buying a Condo

Condos have become a popular form of real estate ownership in Toronto especially among first time home buyers. Not only do condos tend to be the most affordable option for home ownership in central Toronto but they also offer a low maintenance lifestyle. What is a Condo anyways and what should be considered when purchasing […]

Land Transfer Tax

In the city of Toronto, there are two taxes that are applied to a real estate purchase. The Toronto Land Transfer Tax: Put into place just last February (’08), this tax is levied only on real estate purchased in central Toronto. If an agreement of purchase and sale was entered into before December 31, 07 […]

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