Tag Archives: condo investment

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 …

Purchasing a condo in Toronto is a good way for people to extend their wealth, but it is becoming more difficult to do this because of the increased cost of condos.   If a person has decided that they are financially ready to purchase a condo, then they will need …

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 …

There are many mistakes Toronto condo buyers can make when purchasing pre-construction condos. These errors could cost you money and time. As they say, it’s best to be educated, instead of ignorant. Below are the most common condo real estate mistakes, and how you can avoid them. Not Finding a …

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 …

Every year it gets harder to find parking in Toronto. It’s the most populated city in Canada. It’s even become a bigger problem than one of the U.S.’s beloved big city’s Chicago, and for good reason. Toronto offers multiculturalism and diversity, a myriad of job prospects, delicious food and many …

Tenants come in all forms, shapes and sizes and condo Investors need to make sure they are choosing the best tenants possible.  Thankfully there are many steps a condo landlord can take to make sure they choose the right tenant for their investment property.   Here are a few tips …

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 …

“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 …

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. …