Minto 775 King Street West Party
August 7, 2010 by Joy Paterson · 1 Comment
Construction for Minto’s 775 King West Condo is about to begin – so to celebrate Minto held a shindig at the sales center. I was there to help to celebrate along with the band “Down with Webster”( Video to come). While there , we ran into our friend Matthew Slutsky from BuzzBuzzHome. All in all [...]
CityPlace Condos
August 6, 2010 by Joy Paterson · Leave a Comment
If you ever visit downtown Toronto near Spadina and Front you know big things are happening in terms of the Toronto condo market. A bustling community of condos built by Concord now replaces the train tracks that were once there. The Concord CityPlace community is expanding like you wouldn’t believe. What started out as couple condo [...]
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 [...]
Rules Change For New Construction Condo Flippers
September 24, 2009 by Joy Paterson · Leave a Comment
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
September 24, 2009 by Joy Paterson · Leave a Comment
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
September 24, 2009 by Joy Paterson · Leave a Comment
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
September 24, 2009 by Joy Paterson · Leave a Comment
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 [...]
Buying Pre Construction Real Estate
September 24, 2009 by Joy Paterson · Leave a Comment
Buying a new condo, known as buying pre construction before it is built has many advantages. The first advantage being choice. Buying from the builder allows you to have more choice when it comes to the selecting the floor plan/layout and the location of the condo unit in the building. Finishes and decor are also [...]
Why Use a Realtor to Purchase Pre Construction Real Estate
September 24, 2009 by Joy Paterson · Leave a Comment
One of the most common questions raised when looking to purchase a pre-construction condo is whether to use the expertise of a realtor. Sales representatives at new home sales offices are indeed licensed realtors but as a buyer should you have your own representative? It is in my opinion that using your own realtor is [...]
