I would love to paint a picture for my readers and clients that buying a new, pre-construction condo at a VIP sales event is a simple and straight-forward process where if you have money and are ready to spend it, you get exactly what you want when you want it. Unfortunately this is not always […]
In case you haven’t heard the story that is all over the local news, there was a million dollar drug bust at a penthouse suite at a condo on Fort York Blvd. By all accounts it looks like the dealers were operating out of 219 Fort York Blvd. I actually really like 219 Fort York. […]
Garth Turner posted a link to truecondos.com/wp from his very popular blog: Greater Fool. Garth is probably Canada’s best known ‘Bear’ when it comes to real estate and has been blogging and writing books about the impending doom of the Canadian real estate market for a couple years now. Garth calls me a ‘Hypester’ which […]
Congratulations to Ali Karbassi for winning the truecondos.com/wp “Put Us On Your Radar” contest. Ali is a real estate investor and currently works in business development & interactive marketing. Ali generously asked his prize of the $50 Best Buy gift card to be donated to Cancer.ca instead. If you have not ‘put us on your […]
This week I’m excited to announce an excellent investment/purchasing opportunity available exclusively for my clients at Liberty Market Lofts, Victory Condos, and M5V. For a limited time, my clients have the ability to purchase select suites at these three highly successful downtown developments with only 5% total deposit. Normally the deposit structure would be 15% […]
If you have been reading this blog and following the Toronto condo market for any length of time you know that sales are up, prices are up and generally everyone is feeling and acting very bullish on the market right now. Traditionally, this time of year is when the market starts to slow down and […]
Today is a rather exciting day in the life of the Toronto Condo market, so why not live blog it (watch for updates here all day and night)? 5:00am – Waking up at 5am. Ouch, that hurts. City is silent except for a couple hundred Realtors… 5:30am – I’m at the X2 Condo broker’s sales […]
Once upon a time in Toronto real estate, there was a rule that investors followed religiously – you only buy a pre-construction condo if the price is lower than that of a comparable existing resale condo. If the price wasn’t lower than existing resale condos of similar quality in the immediate area, then it just […]
When you buy a new condo in Ontario, you have 10 days after you receive your copy of the executed agreement of purchase and sale and the condominium documents to rescind on your agreement if you choose to do so. This can be for any reason whatsoever, technically you do not even have to provide […]
Insights
Prepare to be Disappointed
September 21, 2009 / by Andrew la Fleur / Insights
I would love to paint a picture for my readers and clients that buying a new, pre-construction condo at a VIP sales event is a simple and straight-forward process where if you have money and are ready to spend it, you get exactly what you want when you want it. Unfortunately this is not always […]
Read more
What is a ‘Luxury’ Condo?
September 30, 2009 / by Andrew la Fleur / Insights
In case you haven’t heard the story that is all over the local news, there was a million dollar drug bust at a penthouse suite at a condo on Fort York Blvd. By all accounts it looks like the dealers were operating out of 219 Fort York Blvd. I actually really like 219 Fort York. […]
Read more
The Garth Turner Effect
November 19, 2009 / by Andrew la Fleur / Insights
Garth Turner posted a link to truecondos.com/wp from his very popular blog: Greater Fool. Garth is probably Canada’s best known ‘Bear’ when it comes to real estate and has been blogging and writing books about the impending doom of the Canadian real estate market for a couple years now. Garth calls me a ‘Hypester’ which […]
Read more
‘Put Us On Your Radar’ Contest Winner
November 24, 2009 / by Andrew la Fleur / Insights
Congratulations to Ali Karbassi for winning the truecondos.com/wp “Put Us On Your Radar” contest. Ali is a real estate investor and currently works in business development & interactive marketing. Ali generously asked his prize of the $50 Best Buy gift card to be donated to Cancer.ca instead. If you have not ‘put us on your […]
Read more
5% Deposit Available at Liberty Market Lofts, Victory Condos, & M5V
October 13, 2009 / by Andrew la Fleur / Insights
This week I’m excited to announce an excellent investment/purchasing opportunity available exclusively for my clients at Liberty Market Lofts, Victory Condos, and M5V. For a limited time, my clients have the ability to purchase select suites at these three highly successful downtown developments with only 5% total deposit. Normally the deposit structure would be 15% […]
Read more
Condo Market About to Explode
November 9, 2009 / by Andrew la Fleur / Insights
If you have been reading this blog and following the Toronto condo market for any length of time you know that sales are up, prices are up and generally everyone is feeling and acting very bullish on the market right now. Traditionally, this time of year is when the market starts to slow down and […]
Read more
X2 Condos and River City Live Blog
November 25, 2009 / by Andrew la Fleur / Insights
Today is a rather exciting day in the life of the Toronto Condo market, so why not live blog it (watch for updates here all day and night)? 5:00am – Waking up at 5am. Ouch, that hurts. City is silent except for a couple hundred Realtors… 5:30am – I’m at the X2 Condo broker’s sales […]
Read more
Pricing Starting to Favour Pre-Construction
December 2, 2009 / by Andrew la Fleur / Insights
Once upon a time in Toronto real estate, there was a rule that investors followed religiously – you only buy a pre-construction condo if the price is lower than that of a comparable existing resale condo. If the price wasn’t lower than existing resale condos of similar quality in the immediate area, then it just […]
Read more
10 Days is a Long Time To Think
December 4, 2009 / by Andrew la Fleur / Insights
When you buy a new condo in Ontario, you have 10 days after you receive your copy of the executed agreement of purchase and sale and the condominium documents to rescind on your agreement if you choose to do so. This can be for any reason whatsoever, technically you do not even have to provide […]
Read more