Sometimes clients ask me this question, “Andrew, I see that some agents are offering cash backs or commission rebates to buyers if they buy a pre-construction condo with them. Do you offer anything like that?” Perhaps you are reading articles on my website right now because you are thinking about hiring me as your […]
True Condos Proudly Presents: The INVESTOR Suites of Daniels High Park *** Special Offer Limited to 20 Sales ONLY *** Studios from $199,900 One Bedroom Units from $299,900 1 Bedroom + Dens from $399,900 INCENTIVES INCLUDE 1. 5% Deposit 2. Up to $12,000 Discounts From the List Prices* 3. […]
Yesterday there was an article in The Globe and Mail which raised more than a few eyebrows in the Toronto condo industry, mine included. The article cited a report by an investment research group based in Toronto that claimed they had analyzed advertisements on Craigslist and deduced that the condo market could be in for […]
One question that I have received from new readers a lot of late is, “Can I still make money investing in the Toronto Condo Market in 2014?” The answer is it yes, absolutely- BUT, you have to know when and where to invest. But Andrew, what about all this talk of the condo market slowing […]
2 things are becoming more of a reality this year: 1) the number of people who own multiple condos as investments is dramatically increasing, and 2) the number of banks who will lend freely and openly to condo investors has shrunk. The Problem With Getting A Toronto Condo Investment Mortgage The problem is some banks […]
There has been a lot of talk in the mainstream media about the fact that new condo sales are down significantly in the past year. This is a fact that I don’t dispute. In 2013, sales of new condos were around 14,000 (official numbers not out yet). One of the lowest numbers on record from […]
In my last article there was that I wrote that seems to have made an impression because a couple people have mentioned it to me. The line was, “you can buy a condo today in 2014 at 2011 pricing that will not be completed until 2018/2019.” In other words, buyers who are smart will recognize […]
It’s RRSP season in Canada. [If you are not from Canada or if you are not familiar with what an RRSP is, read this] You see the ads everywhere telling you it’s time to buy that RRSP and save yourself some taxes. You’d be a fool not to, right? Well, for many years I […]
I had a great question from a new client over this past weekend. I was explaining how YC Condos is priced below current available resale condos (see more by watching this video) and my client asked me: Why would a Toronto condo developer sell a pre-construction condo for less than current market (resale) values? I’m […]
Insights
Why I Don’t Offer Cash Backs (Commission Rebates) To Pre-Construction Condo Buyers
November 13, 2013 / by Andrew la Fleur / Insights
Sometimes clients ask me this question, “Andrew, I see that some agents are offering cash backs or commission rebates to buyers if they buy a pre-construction condo with them. Do you offer anything like that?” Perhaps you are reading articles on my website right now because you are thinking about hiring me as your […]
Read more
The Investor Suites Of Daniels High Park
November 18, 2013 / by Andrew la Fleur / Insights
True Condos Proudly Presents: The INVESTOR Suites of Daniels High Park *** Special Offer Limited to 20 Sales ONLY *** Studios from $199,900 One Bedroom Units from $299,900 1 Bedroom + Dens from $399,900 INCENTIVES INCLUDE 1. 5% Deposit 2. Up to $12,000 Discounts From the List Prices* 3. […]
Read more
5 Things To Know About Craigslist Condo Rental Postings
November 29, 2013 / by Andrew la Fleur / Insights
Yesterday there was an article in The Globe and Mail which raised more than a few eyebrows in the Toronto condo industry, mine included. The article cited a report by an investment research group based in Toronto that claimed they had analyzed advertisements on Craigslist and deduced that the condo market could be in for […]
Read more
Can I Still Make Money Investing In the Toronto Condo Market in 2014?
January 13, 2014 / by Andrew la Fleur / Insights
One question that I have received from new readers a lot of late is, “Can I still make money investing in the Toronto Condo Market in 2014?” The answer is it yes, absolutely- BUT, you have to know when and where to invest. But Andrew, what about all this talk of the condo market slowing […]
Read more
Why I Use RBC For My Toronto Condo Investment Mortgages
January 15, 2014 / by Andrew la Fleur / Insights
2 things are becoming more of a reality this year: 1) the number of people who own multiple condos as investments is dramatically increasing, and 2) the number of banks who will lend freely and openly to condo investors has shrunk. The Problem With Getting A Toronto Condo Investment Mortgage The problem is some banks […]
Read more
The One Thing That All The Top Selling Toronto Condo Projects Have in Common
January 17, 2014 / by Andrew la Fleur / Insights
There has been a lot of talk in the mainstream media about the fact that new condo sales are down significantly in the past year. This is a fact that I don’t dispute. In 2013, sales of new condos were around 14,000 (official numbers not out yet). One of the lowest numbers on record from […]
Read more
Why 2014 Will Be The Best Year Since 2009 To Buy A Condo In Toronto
January 22, 2014 / by Andrew la Fleur / Insights
In my last article there was that I wrote that seems to have made an impression because a couple people have mentioned it to me. The line was, “you can buy a condo today in 2014 at 2011 pricing that will not be completed until 2018/2019.” In other words, buyers who are smart will recognize […]
Read more
Why I Stopped Investing In RRSPs and Started Buying Condos
February 28, 2014 / by Andrew la Fleur / Insights
It’s RRSP season in Canada. [If you are not from Canada or if you are not familiar with what an RRSP is, read this] You see the ads everywhere telling you it’s time to buy that RRSP and save yourself some taxes. You’d be a fool not to, right? Well, for many years I […]
Read more
Why Would A Toronto Condo Developer Sell Below Current Market Value?
February 11, 2014 / by Andrew la Fleur / Insights
I had a great question from a new client over this past weekend. I was explaining how YC Condos is priced below current available resale condos (see more by watching this video) and my client asked me: Why would a Toronto condo developer sell a pre-construction condo for less than current market (resale) values? I’m […]
Read more