Condos in York Region Versus DT Core

Monday Aug 24th, 2020


The following charts are tracking recent trends in the condominium market in Markham, Richmond Hill and Vaughan in comparison to DT Core. To compare apples to apples only one and one plus one units are being tracked. The data is tracked starting September 1, 2019 to illustrate the most recent trends and the impact of Covid-19 on this segment of the real estate. The goal of this is also to compare the behaviour of 1 bedroom condos in these parts of York Region to DT core condos as... [read more]

Buying Resale Condominiums - Things To Consider

Saturday Jan 25th, 2020


    I have already written a blog about buying preconstruction condos, in this blog I would like to point out certain details of purchasing a resale condominium, in some aspects buying precons and resale are the same, and differ quite a bit in others. For the most part the approach of the investor and owner occupier will be very similar as well. I will be addressing number of points, some more important than others, all worth considering. Location. This applies to... [read more]

Why Are Condo Fees So High?

Sunday Dec 1st, 2019


Why Are Condo Fee So High? Condominiums have been the hottest segment of the market around GTA recently, it is partly because of the lack of affordability for freehold housing, as well as changing demographics, lack of available land in Downtown Toronto, life-style choices, just to name few reasons. The amount to be paid for monthly condo fees can range anywhere from $200 for a studio unit in the brand new condominium building to many thousands of dollars for a large penthouse in... [read more]