POTL - What is that?

Friday Oct 7th, 2022

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What is POTL. The term is associated with certain types of properties, in this short blog we will explain what it means as well as how it affects some properties. POTL is short for A Parcel of Tied Land. The most common forms of ownership of properties are freehold (detached or semi-detached homes, freehold townhomes) and Standard Condominium Corporation (your typical condo apartment, condo townhomes). POTL in the context of GTA residential real estate ownership refers to a... [read more]

What is a den, or let’s talk about +1.

Saturday May 22nd, 2021

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When looking for your next condo you often see numbers such us 1+1, 2+1, 1+2 where the first number represents the number of bedrooms, and the second number represents a den. We have already discussed what is a bedroom and the alternative solutions often used in condos, now let’s talk about the dens. A den, or the number that comes after “+” as it turns out, and unlike other spaces in your house or a condo is not regulated by the Ontario Building Code and that is why we... [read more]

Kitec plumbing.

Tuesday Sep 28th, 2021

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If you are not familiar with kitec plumbing you are not alone, many have not heard of it, but if you are home or condo owner, or you are in the process of buying one, it would be beneficial to you to familiarize yourself with the basics. If interested, please read on. About kitec. Kitec plumbing was a very popular product used in homes and condos constructed between 1995 and 2007. In 2007 the problems were identified related to this product as the pipes and fittings were... [read more]

Is mortgage pre-approval important for the buyers.

Sunday Oct 3rd, 2021

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This topic is often brought up on various online forums and opinions vary, from don’t bother it’s not worth the paper it’s written on to it’s a must and everything in between. Most home buyers are not lucky enough to be purchasing a property without financing and will need a mortgage. Let’s start with the basics. What is mortgage pre-approval. A mortgage pre-approval means the financial institution has qualified you for a certain amount of mortgage based... [read more]

Home Staging

Sunday May 26th, 2019

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                        Staging may be one of the most important projects to prepare your home for sale. It does not require spending a lot of money – just making the right decisions. First impressions are important in any market but especially in the buyer’s market, that is why it is important that your home stands out from others and it is prepared the best way possible. Potential buyers when entering the... [read more]

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