In contrast to yesterday’s post, “Losing Mentality“, I wanted to present to you some observations about the people who are successful condo investors. Those who buy (and sometimes sell) multiple condos over years and understand that condos as a great way to accumulate long term wealth. They are entrepreneurial. Either they run their own businesses, […]
This post is meant to be a sort of open letter to the entire pre-construction condo industry in Toronto regarding what I believe has become a significant problem. It’s time to put an end to the practice of “Phantom Buyers”. Phantom Buyers is a term that I have coined for buyers of pre-construction condos who […]
Hype-driven marketing seems to be at an all time high in the pre-construction condo market. I am finding it harder and harder to find quality investment opportunities to recommend to my clients. This at a time when a new condo project is launching almost every week. Prices are soaring. Suite sizes are shrinking. Every agent […]
NOTE: the following blog post is not to be considered legal or tax advice. I am not a lawyer or an accountant. I’m writing this strictly for informational purposes only. Always consult a lawyer when purchasing pre-construction real estate. ANOTHER NOTE: If you find this article confusing, good. That’s the number one point I’m trying […]
There are dozens and dozens of units available for sale at Festival Tower. Most have been sitting on MLS for months as assignments (tricky to sell at the best of times), but now that the building is registering in a matter of days I expect these units will start moving quickly. I noticed something quite […]
Over the past 2 years in particular, the size of condos in Toronto have been getting progessively smaller. The shrinking size of condos has allowed developers to continue to keep the actual prices of the units at a reasonable level, even while the average price per square foot has basically doubled in the last 7-8 years. […]
While I don’t have a crystal ball, here are 5 things that I am predicting for the condo market in 2013. 1. Some Great Deals. I believe that developers who launch new projects will offer some really great prices to Platinum buyers (the first group to buy), in order to sell quickly and hit their […]
300 Front St West coming soon by Tridel. For floor plans and pricing for the VIP sales event, please contact me. Whenever Tridel launches a new project there is always great fanfare and 300 Front will be no exception. Why? Simply put, Tridel is the best developer in the city and possibly the country when […]
U Condos coming soon from Pemberton Group. Register with me now for your chance to buy before the public at an upcoming VIP sales event. U Condos is obviously named for it’s proximity to the University of Toronto’s St George Campus, which it shares neighbourhood space with on the corner of Bay St and St […]
Investor Mentality
September 30, 2010 / by Andrew la Fleur / Insights
In contrast to yesterday’s post, “Losing Mentality“, I wanted to present to you some observations about the people who are successful condo investors. Those who buy (and sometimes sell) multiple condos over years and understand that condos as a great way to accumulate long term wealth. They are entrepreneurial. Either they run their own businesses, […]
Read more
Let’s Put an End to "Phantom Buyers"
December 3, 2010 / by Andrew la Fleur / Insights
This post is meant to be a sort of open letter to the entire pre-construction condo industry in Toronto regarding what I believe has become a significant problem. It’s time to put an end to the practice of “Phantom Buyers”. Phantom Buyers is a term that I have coined for buyers of pre-construction condos who […]
Read more
Quality Investments in Pre-Con Becoming an Endangered Species
March 10, 2011 / by Andrew la Fleur / Insights
Hype-driven marketing seems to be at an all time high in the pre-construction condo market. I am finding it harder and harder to find quality investment opportunities to recommend to my clients. This at a time when a new condo project is launching almost every week. Prices are soaring. Suite sizes are shrinking. Every agent […]
Read more
The Elephant in the Room: HST
June 17, 2011 / by Andrew la Fleur / Insights
NOTE: the following blog post is not to be considered legal or tax advice. I am not a lawyer or an accountant. I’m writing this strictly for informational purposes only. Always consult a lawyer when purchasing pre-construction real estate. ANOTHER NOTE: If you find this article confusing, good. That’s the number one point I’m trying […]
Read more
How to make $100K in 3 Months
June 24, 2011 / by Andrew la Fleur / Insights
There are dozens and dozens of units available for sale at Festival Tower. Most have been sitting on MLS for months as assignments (tricky to sell at the best of times), but now that the building is registering in a matter of days I expect these units will start moving quickly. I noticed something quite […]
Read more
Lockers More Important Than Ever
September 14, 2011 / by Andrew la Fleur / Insights
Over the past 2 years in particular, the size of condos in Toronto have been getting progessively smaller. The shrinking size of condos has allowed developers to continue to keep the actual prices of the units at a reasonable level, even while the average price per square foot has basically doubled in the last 7-8 years. […]
Read more
5 Things To Expect From the Condo Market in 2013
January 31, 2013 / by Andrew la Fleur / Insights
While I don’t have a crystal ball, here are 5 things that I am predicting for the condo market in 2013. 1. Some Great Deals. I believe that developers who launch new projects will offer some really great prices to Platinum buyers (the first group to buy), in order to sell quickly and hit their […]
Read more
300 Front by Tridel
July 24, 2008 / by Andrew la Fleur / Uncategorized
300 Front St West coming soon by Tridel. For floor plans and pricing for the VIP sales event, please contact me. Whenever Tridel launches a new project there is always great fanfare and 300 Front will be no exception. Why? Simply put, Tridel is the best developer in the city and possibly the country when […]
Read more
U Condos at Bay South of Bloor: VIP Sales Event Coming Soon
July 28, 2008 / by Andrew la Fleur / Uncategorized
U Condos coming soon from Pemberton Group. Register with me now for your chance to buy before the public at an upcoming VIP sales event. U Condos is obviously named for it’s proximity to the University of Toronto’s St George Campus, which it shares neighbourhood space with on the corner of Bay St and St […]
Read more