Real Estate Info

Think about how nice it is to own something new. A lot of people prefer to buy brand-new, whether it’s a new car, a new phone, or a new home. People are attracted to the latest, most modern things in life. Think about how nice it would be to own a condominium suite that nobody has lived in yet, and use amenities that are freshly-installed.

In the pre-construction market this is especially important, and in fact you should be working with Realtor who is knowledgeable in the pre-con market, a Platinum Agent. If you’re thinking about buying a pre-construction condo, you’ve probably already heard this term. This is the number one piece of advice we tell ….

If you’ve ever looked around your city and wondered why and how all these condominium buildings under construction began popping up, you should know that a large part of it comes back to Ontario’s Places to Grow Act, which was legislated in 2005, followed closely in 2006 by the Growth Plan for the Greater Golden Horseshoe.

Buying a pre-construction condominium in the GTA is a little different than purchasing a re-sale unit. There are a few more steps involved, including two different closing stages, known as the Interim Occupancy phase and the Final Closing phase.

Simply put, it’s the sale – or “assignment” – of a contract to purchase a pre-construction condominium suite. It usually means that the building has not been completed yet and no one can take ownership, so only the contract can be sold, not the actual unit, as it hasn’t been constructed yet.

If you’re interested in purchasing a pre-construction condo it’s always good to know about the process beforehand. This way there are no surprises. Buying a pre-construction condo is a little different than buying a re-sale condominium. There are more steps involved ….

If you’ve ever rented a dismal apartment, followed Toronto real estate, or felt like you’ve spent too much time in your parents’ basement, chances are you’ve asked yourself the question: Should I rent a home or buy a home? This is a decision most people face and it’s not one to be taken lightly. The good news is ….

The number one question we get asked from clients is “Why invest in GTA condos?” This is often followed by: “What’s the market like right now?” “What does the future hold for condo developments in the GTA?” “ What are the risks and returns?We’ll do our best to address these questions …..

Buying your first condominium, whether you’re planning to call it home or use it strictly as an investment property, will probably be one of the biggest financial commitments you ever make.At GTA-Homes, we’re keenly aware of this and we want to make sure you feel confident in knowing exactly what you’re …