Condo Fees #103: Why Boutique Condos can make for Lousy Investment

So what are condo fees? these are the funds that are required for the building’s operation, such as maintenance, security, waste management, cleaning, water, power to common elements, boilers, etc. For a typical 800 sq. ft. condo expect to pay approx $400/mo. in condo fees, and remember that in most cases, the larger the complex

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Dating and Condos

There’s something in common between Toronto downtown condo living and dating. First, it’s about the size: “how big is YOUR condo?” – don’t tell me you never asked or were asked this question… ok then… a few more pearls: “How is the view?” “Does it look good from the back? or just the front?” “Are

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Off-Loading: Buying and Selling Investor Stock / Part 1

“Timing is everything” especially when it comes to selling. “Off-Loading” occurs when a new residential building nears completion. Investors who pre-purchased bulks of condos start to “Off-Load” their inventory to the private market (NOT on MLS). Buyers who are now in position to buy into nearly-completed projects can take advantage of inventory not available before

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