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 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 […]
Choosing The Best Floor Plan
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
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 […]
Rules Change For New Construction Condo Flippers
When a new home or condo has been purchased with the intention to flip it (sell it without actually occupying it), the seller must register the property with Tarion. The seller must also now provide the buyer with a letter agreement stating that the sale is a resale deal, the start date of the warranty […]
Buying Pre Construction | Q & A’s
If you have purchased or are thinking of purchasing a pre-construction condo in Toronto, then I’m sure you have plenty of questions. Here are a few common questions that I am asked by clients regarding purchasing pre construction real estate. Q. Can I choose my parking spot and locker location? A. If you have a […]
Warranty Protection on Buying Pre Construction Real Estate
When buying a new construction condo in Ontario, the Tarion Warranty Corporation provides protection to buyers under the New Home Warranty Program. Membership in this program is mandatory for new construction builders and offers protection to buyers of new construction in terms of a deposit protection, defects in the workmanship and materials and protection against […]
Toronto Condos | Pre Construction or Re-sale
When it comes to purchasing a condo unit, many of my buyer clients ask me which is the better choice, buying a resale or pre-construction unit. The difference between the two being that one already physically exists and the other one does not. Deciding which route to take depends on a few factors such as […]