Condo Guide

Services of Real Estate Professionals

Condominiums are attracting more buyers than ever before as the condominiums are combining the affordability with carefree living and the latest amenities. In June 2010, nearly 33 percent of all sales were comprised by condominiums and about a year ago they comprised nearly about 29 % of transaction... Read More

Owner’s Responsibilities in Condominium Purchase

While purchasing a condominium there are certain responsibilities of the owners as well as purchasing condominium is one of the hottest real estate transactions which are going on during peak home season. The individual shall check that how the condo is managed. The owner will have to pay maintenanc... Read More

Termination of Contract of Condominium

A firm closing date and the move in date for a new condominium can be included while purchasing a resale condominium. The move in date for new condominium can be years in future. The closing date can be extended by the developer in this case where the move date is in future. If the unit is [...]... Read More

Ownership of the Condominium

If an individual is thinking to purchase condominium in the Great Toronto Area then that individual will be one of those residents who are recognizing the various benefits associated with this type of property ownership. One in every three resale home transactions in the GTA is now represented by co... Read More

REALTOR and purchase of Condo

If any individual is planning for buying a resale condominium, the REALTOR of that individual will make sure that the offer put forward by that individual is conditional on receipt of a status certificate.  This receipt of status certificate will help to confirm that The seller on the payment... Read More

Increasing Trend of Condominium

Our homes are increasingly becoming a reflection of our distinct tastes and lifestyles which are the results of proliferation of today’s renovation and design ideas. In order to cater to specific cultures and aesthetics, entire condominium developments are created. For busy Torontonians, style and... Read More

Future of Mississauga City Centre

The new master plan for the Mississauga City Centre includes many changes that will help to improve living and working conditions for its residents. This plan will increase transportation facilities and would help in economic development of the city. Downtown development plans also stresses on the ... Read More

Does insurance for a condo unit carry importance?

You and your condominium association should have insurance because some of these requirements vary according to the province. It is included in the policy offered by the condo corporation to charge condo fee whereas a portion of which is responsible for the insurance cost including common areas, fur... Read More

Are Condo units preferred over other type of housing?

Due to the rise in housing prices in the last few years, condominium demand has increased and more and more people are searching to own a condo rather then a house. As, the mortgage interest rates are low therefore people spend most of their income on mortgage payments in order to own a residence. S... Read More

Condo Mortgage financing for Canadian Residents

One of the government –run mortgage companies in Canada has revised its requirements which are related to condos and large or multi-family residential units/homes mortgage. The changes advised by the mortgage firm have a few impacts on condo buyers as the loans which can not be guaranteed or purch... Read More