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Posts Tagged ‘Pre-Construction Condos’

Lockers More Important Than Ever

Over the past 2 years in particular, the size of condos in Toronto have been getting progessively smaller. The shrinking size of condos has allowed developers to continue to keep...

How to make $100K in 3 Months

There are dozens and dozens of units available for sale at Festival Tower. Most have been sitting on MLS for months as assignments (tricky to sell at the best...

The Elephant in the Room: HST

NOTE: the following blog post is not to be considered legal or tax advice. I am not a lawyer or an accountant. I’m writing this strictly for informational purposes...

Quality Investments in Pre-Con Becoming an Endangered Species

Hype-driven marketing seems to be at an all time high in the pre-construction condo market. I am finding it harder and harder to find quality investment opportunities to recommend...

Let’s Put an End to “Phantom Buyers”

This post is meant to be a sort of open letter to the entire pre-construction condo industry in Toronto regarding what I believe has become a significant problem. It’s...

What Your Lawyer Will Say

So you just bought a pre-construction condo. Well, you haven’t actually bought anything yet, you’ve just signed the paperwork, dropped off a deposit cheque, and your 10-day cooling off...

Investor Mentality

In contrast to yesterday’s post, “Losing Mentality“, I wanted to present to you some observations about the people who are successful condo investors. Those who buy (and sometimes sell)...

Losing Mentality

Buying a pre-construction condo takes guts. It takes vision. It takes money. It’s not for everyone, but for those who understand the game and play it well, the rewards...

What Ever Happened to Cash Flow?

Investing in Toronto condos used to be a pretty straightforward proposition: buy a property with as little down as possible then rent it out with the income from the...

Pricing Starting to Favour Pre-Construction

Once upon a time in Toronto real estate, there was a rule  that investors followed religiously – you only buy a pre-construction condo if the price is lower than...

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