Younger Canadians are looking at condos as more than just starter homes — many are willing to stay and raise families in them. That’s one of the findings of a recent Ipsos Reid survey conducted on behalf of TD Bank which surveyed 2,125 adults aged 25 to 59 living in Toronto, Vancouver, Montreal, Calgary and [...]
Archive for June, 2006
Young see condos as homes to raise kids
Posted: 30th June 2006 by Laurin Jeffrey in First Time Buyers, New Condos & Lofts, North York Condos, Toronto Condos, Toronto Real EstateTags: adults, affordability, canada, canadian, canadians, condo, condo lifestyle, condominium, condos, estate, first, home, housing, housing market, housing markets, living in toronto, market, purchasing a condominium, real, real estate, secured lending, td, td bank, td canada trust, toronto, urban centre, urban centres
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Condo buyers’ class-action suit bears watching
Posted: 28th June 2006 by Laurin Jeffrey in Legal Real Estate Issues, New Condos & Lofts, Toronto CondosTags: allegations, board of directors, buy, buyer, buyers, common expenses, condo, condo buyers, Condo buyers' class-action suit, condominium, condominium act, condominium owners, condominium project, condominium unit, condominium units, CREA, estate, first, increase, investment, investments, land, legal proceedings, maintenance, maintenance fee, maintenance fees, market, new, project, property values, purchaser, real, real estate, real estate Broker, real estate brokers, sale, sales, square foot, toronto, utilities, west
Excerpt from an article by Bob Aaron A group of unhappy condominium owners has commenced a class action against the developer of their Thornhill condominium project, claiming that the common expenses shown in the sales materials were significantly understated. Between 1999 and 2002, Cantertrot Investments was marketing condominium units in The Residence of Beauclaire, on [...]
Is Toronto Condo Living For You?
Posted: 27th June 2006 by Laurin Jeffrey in First Time Buyers, Toronto Condos, Toronto Real EstateTags: affordable, agent, air conditioning, Amenities, balconies, building energy, buy, buyer, buyers, canada, canada mortgage and housing, Canada Mortgage and Housing Corp, Canada Mortgage and Housing Corporation, cmhc, commercial buildings, condo, condo fees, condo living, condo unit, condo units, condominium, condominiums, condos, conversion, CREA, detached home, duplexes, empty nest, empty nesters, energy efficient, estate, first, First Time Buyers, home, home inspector, housing, housing corp, interest rate, Interest Rates, land, loft, loft conversion, low mortgage, maintenance, mortgage, mortgage interest, new, real, real estate, real estate agent, resale condo, row house, row houses, sale, storage locker, time, toronto, toronto condo, toronto condo living, toronto condos, toronto condos for sale, toronto loft, toronto loft conversion, toronto real estate agent, triplex, utilities
From first-time buyers wanting to take advantage of low mortgage interest rates, to empty nesters looking to downsize, condo living is becoming an increasingly popular option for more and more people in Toronto. In addition to a relatively affordable, carefree and low-maintenance lifestyle, many Toronto condos can also offer enhanced security over single-family homes, as [...]
$6.8M Rosedale home a Toronto real estate record
Posted: 25th June 2006 by Laurin Jeffrey in Luxury Real Estate, Other Real Estate Markets, Toronto Real EstateTags: average home price, average price, baby boom, baby boomers, boom, boomers, buy, buyer, buyers, canada, canadian, condo, condominium, condominiums, CREA, detached home, development, economy, estate, for sale, greater toronto, greater toronto area, home, home sales, housing, housing market, increase, infill, lawrence park, lease, luxury, luxury home, luxury home sales, luxury homes, luxury properties, luxury toronto homes, Lytton Park, market, million-dollar sales, mls, Multiple Listing Service, neighbourhood, neighbourhoods, new, new house, north toronto, possession, purchaser, real, real estate, rent, Rosedale, sale, sales, toronto, Toronto area, toronto luxury homes, toronto neighbourhood, toronto neighbourhoods, toronto real estate, west
New standard not expected to last Heavy price gains for luxury homes Excerpt from an article by Tony Wong – Toronto Star The buyers of the elegant stone mansion in north Toronto find themselves willing to part with $6,795,000 when they take possession next Friday. That makes it the most expensive home to be sold [...]