Fly Condos launched about 7 months ago and sales were decent at first but then quickly dropped off as the market changed in October/November quite dramatically. Like many developers, Empire is not just sitting around waiting for buyers to walk through the door. They are getting aggressive with pricing and incentives. Recently they launched an […]
There has been such a crush of new condo launches in the past 6 weeks that developers are now actually being forced to compete with each other for buyers! Who’da thunk it! There have been so many launches (or at least soft launches to the Realtor community), representing thousands of units of inventory that even […]
New condos are launching at a rate of about one per week right now in the downtown core. However, don’t be mistaken in thinking this means solid investment opportunities are coming at a rate of one per week! In fact, there is usually a negative correlation between the number of new condo launches and the […]
Resale prices have dropped, sales figures are a fraction of what they were a year ago, and buyers are out there but reluctant to pull the trigger. What’s a Toronto condo developer to do? In a slow market, developers are loathe to actually lower their prices as it devalues the entire project, pisses off previous […]
*I had to put an asterisk right in the title of this post because of course there are plenty of stipulations on this promotion from Concord Adex. It may sound too good to be true…but it’s not entirely. It’s starting to feel like 2007 all over again as would-be buyers have been lined up at […]
I received an interesting email from Monarch today that stated: Unsure of how the Harmonized Sales Tax (HST) will affect your condominium purchase? Rest assured! Let your confidence soar with Monarch! Monarch understands your concerns about the Government of Ontario’s intentions to harmonize the PST with the Federal GST. To ease your concerns of buying a new […]
Giraffe Condos is offering a three-part guarantee for buyers. From their website: EMPLOYMENT GUARANTEE: Worried about the financial crisis and possibly losing your job? Purchase with confidence that in the case of a job loss, we will refund all deposits made towards your new home.* PRICING GUARANTEE: Take the fear out of buying at the […]
I received an interesting email from Monarch today that stated: Unsure of how the Harmonized Sales Tax (HST) will affect your condominium purchase? Rest assured! Let your confidence soar with Monarch! Monarch understands your concerns about the Government of Ontario’s intentions to harmonize the PST with the Federal GST. To ease your concerns of buying a new […]
From time to time I am able to offer my buyer clients special privileges because of either my own relationship with a particular developer or because of my brokerage’s affiliation with one. This week I have a special offer from ART Condos. Art is a 150 suite boutique loft building on Dovercourt, one block south […]
Fly Condos Set to Relaunch
April 28, 2009 / by Andrew la Fleur / Insights
Fly Condos launched about 7 months ago and sales were decent at first but then quickly dropped off as the market changed in October/November quite dramatically. Like many developers, Empire is not just sitting around waiting for buyers to walk through the door. They are getting aggressive with pricing and incentives. Recently they launched an […]
Read more
Developers Rolling Out Incentives
October 28, 2010 / by Andrew la Fleur / Insights
There has been such a crush of new condo launches in the past 6 weeks that developers are now actually being forced to compete with each other for buyers! Who’da thunk it! There have been so many launches (or at least soft launches to the Realtor community), representing thousands of units of inventory that even […]
Read more
Sometimes The Best Deals are NOT Advertised
March 21, 2011 / by Andrew la Fleur / Insights
New condos are launching at a rate of about one per week right now in the downtown core. However, don’t be mistaken in thinking this means solid investment opportunities are coming at a rate of one per week! In fact, there is usually a negative correlation between the number of new condo launches and the […]
Read more
Developers Getting Aggressive With Buyer Incentives
February 27, 2009 / by Andrew la Fleur / News
Resale prices have dropped, sales figures are a fraction of what they were a year ago, and buyers are out there but reluctant to pull the trigger. What’s a Toronto condo developer to do? In a slow market, developers are loathe to actually lower their prices as it devalues the entire project, pisses off previous […]
Read more
Cityplace Offers 20% Off Units*
March 26, 2009 / by Andrew la Fleur / Uncategorized
*I had to put an asterisk right in the title of this post because of course there are plenty of stipulations on this promotion from Concord Adex. It may sound too good to be true…but it’s not entirely. It’s starting to feel like 2007 all over again as would-be buyers have been lined up at […]
Read more
Monarch Introduces "Sales Tax Protection Program"
April 24, 2009 / by Andrew la Fleur / News
I received an interesting email from Monarch today that stated: Unsure of how the Harmonized Sales Tax (HST) will affect your condominium purchase? Rest assured! Let your confidence soar with Monarch! Monarch understands your concerns about the Government of Ontario’s intentions to harmonize the PST with the Federal GST. To ease your concerns of buying a new […]
Read more
Giraffe Condos Offers Confidence Guarantee
April 27, 2009 / by Andrew la Fleur / Uncategorized
Giraffe Condos is offering a three-part guarantee for buyers. From their website: EMPLOYMENT GUARANTEE: Worried about the financial crisis and possibly losing your job? Purchase with confidence that in the case of a job loss, we will refund all deposits made towards your new home.* PRICING GUARANTEE: Take the fear out of buying at the […]
Read more
Monarch Introduces “Sales Tax Protection Program”
April 24, 2009 / by Andrew la Fleur / News
I received an interesting email from Monarch today that stated: Unsure of how the Harmonized Sales Tax (HST) will affect your condominium purchase? Rest assured! Let your confidence soar with Monarch! Monarch understands your concerns about the Government of Ontario’s intentions to harmonize the PST with the Federal GST. To ease your concerns of buying a new […]
Read more
ART Condos Wants to Start Construction
June 22, 2010 / by Andrew la Fleur / Uncategorized
From time to time I am able to offer my buyer clients special privileges because of either my own relationship with a particular developer or because of my brokerage’s affiliation with one. This week I have a special offer from ART Condos. Art is a 150 suite boutique loft building on Dovercourt, one block south […]
Read more