Archive for February, 2010

When people hear about investment in connection to condominiums, they usually assume that means that someone is buying a suite with the intention of renting it out and using it to diversity their financial portfolio.

Many of today’s home buyers think of just two options when it comes to purchasing a new home —it’s either a high-rise condo in Toronto or the more traditional low density suburban home.

When it comes to compact spaces like condos, striking the right balance between fashionable and functional decor can be a tricky feat. Toronto-based interior designer Andrea Kantelberg says it’s entirely possible to achieve a trendy yet timeless look that’s comfortable, stylish and reflects your personality — and will hold its value.

In a market where listings are down significantly compared with those of a year earlier, it has become standard practice for some agents to try to stimulate multiple offers for a property.

The lack of residential Canadian real estate listings is most acute in Toronto, contributing to upward pressure on pricing, according to ReMax Ontario Atlantic Canada.