Info for Buyers & Sellers
Costs of Buying Real Estate
July 26, 2010 by Joy Paterson · Leave a Comment
When buying Toronto Real Estate, it is important to take into consideration the additional costs of the transaction other than the purchase price itself. Put aside some additional cash for the following one time expenses: 1) Lawyer fees – closing fees and title insurance 2) Adjustments – depending on what is in the agreement of [...]
Toronto Condos: What is a Condo Status Certificate?
July 7, 2010 by Joy Paterson · Leave a Comment
When purchasing a resale condo unit, the buyer’s offer to purchase is usually conditional upon a few items but one unfamiliar item for first time condo buyers is the lawyer’s review of a status certificate. What is a status certificate you ask? How it works is this – Depending on what is stated in the [...]
Condo Apartment or Freehold Home?
September 24, 2009 by Joy Paterson · Leave a Comment
With Interest rates at an all time low, it is a great time to buy real estate in Toronto. Home owners are upgrading and first time home buyers are taking the plunge. As a Realtor, a common question asked by many of my buyer clients is what route to should take; purchase a condo apartment [...]
Toronto Condos with Low Maintenance Fees
September 24, 2009 by Joy Paterson · Leave a Comment
Buying a condo essentially means buying into a low maintenance way of living. Condos can be an affordable and stress free way to live as each month the owner pays a maintenance fee to cover certain common costs of the building. While having a low maintenance fee is ideal there are other factors to consider [...]
Toronto Power of Sales
September 24, 2009 by Joy Paterson · Leave a Comment
The year 2007 in Toronto was a crazy year in terms of real estate sale and skyrocketing prices. Many buyers bought during this frenzy and paid top dollar for a property. As reality sets in and property values start to decline, these home owners are now struggling to pay off their financial obligations, forcing the [...]
Toronto Lofts: Hard Loft or Soft Loft?
September 24, 2009 by Joy Paterson · Leave a Comment
Today, Loft apartments have become a trendy style of living. The term loft is used to describe a large open concept living space with high ceilings and large windows. Lofts were originally popular amongst artists and bohemians because of their affordability and versatility. Now that lofts have become so popular, loft living is anything but [...]
Toronto Condos Going Green
September 24, 2009 by Joy Paterson · Leave a Comment
Toronto is going green. I’m sure you’ve noticed a large majority of Grocery stores in Toronto are now encouraging shoppers to bring their own recyclable grocery bags. As well, Torontonians took part in the earth hour which demonstrates that we are becoming more aware of our environment. Did you ever think about living your every [...]
Pre Construction Toronto Condos: Selling Assignments
September 24, 2009 by Joy Paterson · Leave a Comment
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 [...]
Choosing The Best Floor Plan
September 24, 2009 by Joy Paterson · Leave a Comment
So you’ve made the decision to purchase a pre-construction condo in Toronto. Congratulations! Now here comes the hardest, but also more important decision -choosing the right floor plan. It is important to choose a layout that will accommodate your personal needs but will also prove to be attractive to potential buyers in the future. One [...]
Mandatory Home Energy Audits in Toronto
September 24, 2009 by Joy Paterson · Leave a Comment
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 [...]
