When I have my first conversation with a new buyer-client, I often hear them say, “I want something brand new, never lived in!”. While I can definitely resonate with the appeal of moving into a brand new space, there are some notable drawbacks with living in a brand new condo. Here are my top-5 Disadvantages […]
There seems to be a growing segment of the population and the media that feel that the condo market is about to see declining prices. I am getting more and more comments like, “I heard that prices are going to come down this year, so I’m going to wait until that happens then buy”. Based […]
Right up there with ‘How’s the market?’ is the question, ‘Who is buying all these condos?’. I decided to tackle this question today with this blog post about the top-5 things to know about today’s pre-construction condo buyer. They are most likely Asian. This may sound strange but white people are not buying new condos. […]
[Renters are lining up to pay $2700/month for a view like this.] Landlords and would-be landlords take note: the sky is not falling and it is not a bad time to be a landlord in this city. I’ve been watching the rental market more closely than ever these past few months and I’ve noticed some […]
Hong Kong Image courtesy of http://photoeverywhere.co.uk More and more people I talk to who are inside the condo industry have a growing apprehension towards the direction of condo development right now. Specifically they are worried about the long term impact of what I call the “Mega Tower”. I define a “Mega Tower” loosely as a […]
Harbour Square. built around 1980. Photo courtesy downtownphotos.ca I just got an email from a National Post writer who is writing a story about older condos and especially the trend of buying and older condo and renovating it to today’s standards. Below is an email that I sent to the writer. I have no idea […]
The Residences of the Ritz Carlton was the first of what I like to call the ‘Big Four’ (5-star condo-hotels, the others being Trump, Shangri-La and of course the Four Seasons) to finish. This was a monumental event in the Toronto condo industry as it represents the first truly 5-star hotel to come to our […]
VIP sales are on now for Freed Developments latest project: Sixty Colborne. Complete the form below to register for all the details including floor plans and pricing and how you can reserve a suite before the public release! Peter Freed is almost an institution in King West. His projects have played such an important role […]
If you are a condo news junkie like me, you probably have been enjoying the past few months because the level of interest in the Toronto condo market appears to be at an all time high. The big boys of Canadian media: The Toronto Star, Globe and Mail, and National Post all run stories about […]
Insights
Top-5 Disadvantages of Living in a Brand New Condo
January 3, 2012 / by Andrew la Fleur / Insights
When I have my first conversation with a new buyer-client, I often hear them say, “I want something brand new, never lived in!”. While I can definitely resonate with the appeal of moving into a brand new space, there are some notable drawbacks with living in a brand new condo. Here are my top-5 Disadvantages […]
Read more
Toronto Condo Bubble About to Burst?
January 4, 2012 / by Andrew la Fleur / Insights
There seems to be a growing segment of the population and the media that feel that the condo market is about to see declining prices. I am getting more and more comments like, “I heard that prices are going to come down this year, so I’m going to wait until that happens then buy”. Based […]
Read more
Who is Buying All These Condos?
March 2, 2012 / by Andrew la Fleur / Insights
Right up there with ‘How’s the market?’ is the question, ‘Who is buying all these condos?’. I decided to tackle this question today with this blog post about the top-5 things to know about today’s pre-construction condo buyer. They are most likely Asian. This may sound strange but white people are not buying new condos. […]
Read more
It’s Good to be a Landlord Right Now
January 27, 2012 / by Andrew la Fleur / Insights
[Renters are lining up to pay $2700/month for a view like this.] Landlords and would-be landlords take note: the sky is not falling and it is not a bad time to be a landlord in this city. I’ve been watching the rental market more closely than ever these past few months and I’ve noticed some […]
Read more
Time to Rethink the Mega Tower?
March 4, 2012 / by Andrew la Fleur / Insights
Hong Kong Image courtesy of http://photoeverywhere.co.uk More and more people I talk to who are inside the condo industry have a growing apprehension towards the direction of condo development right now. Specifically they are worried about the long term impact of what I call the “Mega Tower”. I define a “Mega Tower” loosely as a […]
Read more
Buying an Older Condo In Toronto: Is it a Good Investment?
March 9, 2012 / by Andrew la Fleur / Insights
Harbour Square. built around 1980. Photo courtesy downtownphotos.ca I just got an email from a National Post writer who is writing a story about older condos and especially the trend of buying and older condo and renovating it to today’s standards. Below is an email that I sent to the writer. I have no idea […]
Read more
Ritz Carlton: Incredible Opportunity or Canary in the Coal Mine?
March 15, 2012 / by Andrew la Fleur / Insights
The Residences of the Ritz Carlton was the first of what I like to call the ‘Big Four’ (5-star condo-hotels, the others being Trump, Shangri-La and of course the Four Seasons) to finish. This was a monumental event in the Toronto condo industry as it represents the first truly 5-star hotel to come to our […]
Read more
VIP Sales on Now for Sixty Colborne
March 16, 2012 / by Andrew la Fleur / Insights
VIP sales are on now for Freed Developments latest project: Sixty Colborne. Complete the form below to register for all the details including floor plans and pricing and how you can reserve a suite before the public release! Peter Freed is almost an institution in King West. His projects have played such an important role […]
Read more
Toronto: Ghost City
May 9, 2012 / by Andrew la Fleur / Insights
If you are a condo news junkie like me, you probably have been enjoying the past few months because the level of interest in the Toronto condo market appears to be at an all time high. The big boys of Canadian media: The Toronto Star, Globe and Mail, and National Post all run stories about […]
Read more