Featured Neighbourhood - North York

Yonge St, North York

Buying Services for Toronto Condo Buyers

When you own your own condo or townhome, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.

In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing condos, the offer, closing details and moving.

Please contact me if you have any questions about buying a condo or townhome in Toronto or elsewhere in Ontario.

Below, select desired reports and complete the form provided.

		Buying a Condominimum. What You need to Know.. When you buy a Condominium you are actually buying two things: your individual unit and a share in the condominium corporation that owns and maintains the land and all of the common elements such as elevators, outside grounds, security, parking etc.
		But Do You Need It Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible.
		Buying Your First Home Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
		The Right Home at the Right Price This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
		Avoid Common Buyer Errors Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase.


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Quick Tips for Condo Buyers

Privacy

Under most provincial condominium legislation, with reasonable notice, a person authorized by the condominium corporation may enter your unit to carry out inspection and maintenance of the common elements of the condominium (such as inspection and repair of parts of the common elements such as windows, mechanical and electrical systems that serve your unit and others).

Lifestyles

Many condominiums are specially suited for a certain lifestyles, such as families with young children, or seniors. Any condominium provisions regarding pets should be known as well. It is important to ensure that the prevalent lifestyle of the condominium you are considering fits your lifestyle.

Security

Many condominiums offer increased security services, such as closed-circuit cameras in lobbies and parking garages and security guards, to ensure that only unit owners and authorized personnel can access the building. Your condominium may require that any guests to your unit sign in and out of the building. Make sure you are comfortable with the security arrangements before buying.

Unit Occupancy

While many owners of condominium units actually live in their units, some condominium

buildings have a large percentage of the units rented out to others. If this is important to you, try to find out from the property manager what percentage of the building is owner-occupied. This is an important consideration, as a condominium building dominated by rental occupancies may not show the same pride of ownership and sense of community and security as a building that is fully owner-occupied. Additionally, absentee owners may not have the same maintenance and repair priorities for the building as owners who actually live in the building.

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