People who are interested in living in or investing in DT condos are often asking which building do, and which once don’t allow short term rentals. The truth is the majority of the condos don’t permit short term rentals and it is stated in their bylaws, of the buildings who are not allowing them there are some who enforce it strictly, and others that don’t. City of Toronto at the end of 2019 implemented new rules and regulations for short term rentals, there are certain... [read more]

    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]

Hello first time home buyers. The process of buying the first home is a very exciting experience, but it can be tasking and overwhelming. In order to encourage home ownership and lessen the financial burden various levels of governments offer credits and incentives for first time home buyer, and they can add up to fairly significant amounts. I would like to explain to you the credits, their benefits, what they are and how to apply for them. There are many requirements and rules that need... [read more]

Pre-construction condos have been popping up all over GTA, and over the past few decades most people have done very well financially by buying pre-construction condos. Assignments, pre-con flipping, investment units have become the staple of condo purchases vocabulary, and majority of owners and investors alike reaped the benefits of buying pre-construction units. The key word is most, not all. Recently at least 9 condo projects in GTA have been cancelled, the biggest of them being... [read more]

You have found a nice and inexpensive piece of land and decided this is where you want to live, perhaps not only is it a great place for you to call home but also a fantastic investment. Great, now slow down, a lot of research should go into the decision making before dumping your hard-earned money into it, as there will be many hurdles to overcome, and many questions to answer: Question 1. Can I build a house on this piece of land? This will depend on several factors, there... [read more]