Real Estate Info

As an investor, you might be wondering how condo developers determine the price per square foot for a condo unit and how much it actually costs to build a condo. There are many factors that go into pricing pre-construction condos such as the cost of purchasing land, construction costs and government charges.

The First Time Home Buyer Incentive is designed to make home ownership more affordable for first-time buyers by lowering monthly mortgage payments.

This charge will transition away from Section 37 Levies and will soon replace them. Recently, a new Bill was introduced under the Planning Act that makes some changes to Section 37. Bill 197 was created as part of the COVID-19 Economic Recovery Act, 2020.

All condo projects or phases that go to market after January 1, 2020, must include an information sheet at the front of the purchase agreement that outlines some of the key potential risks of buying a condominium unit in the pre-construction phase. Condo project cancellations aren’t common but it is still important to know the risks…

For purchasers of brand new condo units, the Statement of Critical Dates highlights the dates you can expect to take occupancy of your unit. These dates are also designed to protect you when there are construction delays and to create transparency between both the purchaser and the builder…

There are many terms used in the pre-construction condominium and real estate market. This glossary will provide a list of terms and definitions commonly used in the industry to help you gain a deeper understanding of the pre-construction condominium market and the buying process.

Your PDI will likely occur a few weeks before your occupancy date. As much as this is an introduction to your new property, the objective of this inspection is to create a written record of all items that are, damaged, missing, inaccessible, not operating correctly or otherwise deficient before you take possession…

When you invest in a pre-construction condominium you can expect that this is one of the surest ways to grow your money. But how does investing in pre-construction condominium units compare to investing in resale homes or other investments? We’ll tell you why investing in pre-construction condos is one of the best investments you can make…

Purchasing a pre-construction condominium unit is a big investment and many interested investors may have a lot of questions. Our job is to make your condo investment a seamless process that’s why we listed some Frequently Asked Questions to answer some of the toughest questions you may have…

There are many advantages to buying a pre-construction condominium with a Platinum Agent. There are a list of steps involved in the Platinum Agent process…

Buying a pre-construction condominium is a little different than purchasing a re-sale unit. Two different closing stages involved, known as the Interim Occupancy phase and the Final Closing phase.

An assignment is a contract of the pre-construction condominium suite that you purchased and a benefit of an assignment is that it could be sold before you move in…

If you’re interested in purchasing a pre-construction condo, it’s important to know about the process beforehand. This way there are no surprises!

We’ll break down some of the advantages and disadvantages of renting versus buying. This way, you’ll be able to make a more informed decision…

The greatest thing about making investments in real estate is that there are so many different options. But what is the right choice for you? Is buying a condo a good investment?

Understanding all of the costs involved is important when choosing a condominium unit. We will give all of the information you need to know so there are no unexpected surprises…