From time to time, a developer will want to offer incentives to a condo investor. One way to do this, is to offer a rental guarantee. Basically, the developer commits to the buyer of a condo unit that he or she will receive x dollars per month in rental income. There are …
August, 2022
May, 2019
-
29 May
Toronto New Home and Condo Sales are up 123% in April
Following last month’s explosion in search and purchase requests from Toronto condo buyers, GTA new home and condo sales are up 123% from April of 2018. According to Altus, high-rise condo sales are up 137% from April 2018, as well as low-rise sales, up 81%. Considering, April’s increases in both purchase requests …
-
6 May
GTA condo purchase requests surge, nearing 2017 levels, are sales poised to rebound?
CondoNow has seen an explosion in search and purchase requests from buyers in the first four months of 2019. The historical average ratio of purchase requests to GTA new condo sales sits at 12%. This year that ratio has climbed by 1100% to an average of 133%. Does this growth in demand …
February, 2018
-
4 February
Top 10 Real Estate News Stories From Jan. 20 – Feb. 4, 2018
Our CondoNow experts have narrowed down the top 10 real estate news stories from Jan. 20 – Feb 4, 2018. From talks of implementing a vacant-home tax in Ontario, to the competitive rental market showing no signs of cooling down, to OREA seeking feedback on modernizing the Real Estate industry, …
September, 2017
-
22 September
Renters Wave White Flag on Toronto Bidding Wars
If you are in the market for a condo rental, chances are you’ve been entangled in a Toronto bidding war free-for-all. Before you know it, you are licking your wounds, haphazardly applying to property after property, ready to wave your white flag. According to The Toronto Real Estate Board, condo …
April, 2017
-
6 April
Grant claimed a $500 IKEA Gift Card + More in Rewards – BottomLine
Congratulations Grant Martin, our most recent BottomLine Rewards Program recipient! Pictured is Grant Martin with his CondoNow Certified Agent Daniel Liu (on the left) and CondoNow CEO Frank Guido (on the right). At CondoNow, it’s very important to us that all our customers receive the best customer service and care …
January, 2017
-
20 January
Toronto Condo Rental Rates at an All Time High
“It’s a good time to be a condo investor” likely could already be the understatement of the year. According to recent research study outlined in the Financial Post, Toronto condo rental rates have risen almost 12% in 2016, with the year ending average rental rate sitting at $2.77 per square …
-
19 January
Exclusive Interview with Tridel’s Jim Ritchie and Samson Fung
We recently had the privilege of having an exclusive interview with Jim Ritchie, Senior Vice President of Sales and Marketing, and Samson Fung, Director of Strategic Marketing at Tridel. Jim and Samson discuss Via Bloor, which is sure to be one of the hottest new pre-construction condo projects of 2017. …
October, 2016
-
14 October
Renting Out Your Condo In Toronto? Here’s What You Should Know!
Investing in an income property is a great solution to help you pave your way to a mortgage free home. What’s better than making money on a rental while having your mortgage paid off? Whether you are thinking about renting a new or resale unit, below are a few things …
August, 2016
-
26 August
Video: New and Exciting Rewards Program!
Every time you buy or sell with a Condonow Certified Agent get $100 when you register within 30 days of buying or selling your home. If you have any further questions about our BottomLine Rewards Program, check out our BottomLine page here. CondoNow BottomLine Introduction from Aareas Interactive on Vimeo.