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 […]
Recently we’ve seen the return of the 2.99% 5-year fixed rate mortgages and a huge surprise was when one lender announced an incredible 1.99% 3-year variable rate mortgage. Wow! So what do the mortgage rate wars mean to condo investors? It’s all good news, that’s for sure. 1. Low interest rates are great for your bottom […]
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
Why The Mortgage Rate Wars Are Great For Condo Investors
May 13, 2014 / by Andrew la Fleur / Insights
Recently we’ve seen the return of the 2.99% 5-year fixed rate mortgages and a huge surprise was when one lender announced an incredible 1.99% 3-year variable rate mortgage. Wow! So what do the mortgage rate wars mean to condo investors? It’s all good news, that’s for sure. 1. Low interest rates are great for your bottom […]
Read more