StoryLine By CondoNow
There are over 38,000 real estate agents in the GTA alone. Sadly, finding a qualified, knowledgeable AND customer service oriented agent amongst that group can often become an exercise in frustration. Today however, there is some good news. Real change is upon us. CondoNow and its proprietary Matchmaking technology have …
August, 2022
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4 August
5 Things You Must Do To Get The Best Condo Deal
Buying a new condo or townhome could represent one of the largest financial transactions in your life. That’s why it’s so important it’s done right. With so many available choices, it’s easy for buyers to feel overwhelmed. While developers and agents are there to help you, you shouldn’t rely on …
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4 August
As a condo investor you should look forward to tax season
Disclaimer: This article is not meant to be considered taxation or legal advice. Always consult your appropriate legal and tax professionals for advice on such matters. Have you, or are you thinking about, investing in a new condominium in Toronto? It’s important you understand all the tax issues and benefits …
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4 August
5 Key Factors to Help You Determine Whether Your Condo Investment is a Sound Financial Decision
Whether new or resale, condominiums are a special type of property investment. As a condo investor, your considerations for buying or not buying will likely be different from those of commercial or multi-unit residential property investors. So, to help you figure out the financial details of your purchase, here are …
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4 August
Condo Rental Guarantees – Good or Bad?
From time to time, a condo developer will want to incentivize a condo investor to feel comfortable that their condo investment will generate revenues right from the get-go. One way to do this, is to offer a rental guarantee. Basically, the developer commits to the buyer of a condo unit …
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4 August
The Key Traits of Successful Real Estate Investors
Real estate is a sound investment when you do it properly. Condominium investing and other real estate investments can be lucrative businesses. Many assume it’ll bring instant wealth. But real estate investing is challenging, and success is due to careful planning, focus, and strategizing. You don’t need a degree in …
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4 August
Investing In A Pre-Construction Condo? What You Should Know About Closing Costs
Investors need to be fully prepared when it comes to all the costs associated with purchasing a condo. Whether it is a pre-construction condo or re-sale, all the costs need to be fully understood, to determine if it is in fact a worthwhile investment. One of the specific items that …
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4 August
The Top 5 Red Flags Of Status Certificates
Anyone who purchases a condo needs to be aware of the fact that they are purchasing a part of the building as well as the actual condo unit. It is important for every condo owner to gather information about the finances of the condo corporation plus the construction standards that …
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3 August
Some tips on Toronto Condo Investing
When it comes to condo investing and ROI, choosing a neighbourhood is of the utmost importance. Toronto offers a wealth of neighbourhoods for any budget; there are many choices for both new and seasoned real estate investors alike. Making a good return on your investment also doesn’t necessarily depend …
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3 August
Tarion & Why You Cannot Afford to Be Without It
With all the commotion around purchasing a home, it is easy to get lost in the endless amount of paperwork. One piece of document you cannot afford to overlook is your Tarion coverage. There is so much excitement around a pre-construction development that sometimes it’s easy to get blinded from …