Category Archives: Seller Advices

What are the prospects of festival condo in the future?

What are the prospects of festival condo in the future?In the true Menkes Developments way, Festival Condos will be a multi-stage, truly mixed-use community. The project is strategically located off Highway 7 and is expected to provide something for everyone.

The street view of retail and entertainment will be taken into account in the design, which will set new standards for the architectural design of apartments in the area, as well as an unparalleled position in terms of demand and use. Just a few steps away from the subway station, but it lives in an exponentially growing community, this opportunity is a rare opportunity for us, and we have never seen such an opportunity in GTA, which can be fleeting in an instant. Eye.

Festival Condos will be the tallest building in VMC and one of the largest master planning communities in Canada.

Festival Condos will be a sustainable, vibrant and modern community in prosperous City, Ontario, creating an accessible, green living environment and improving the lives of residents and surrounding communities.

When Menkes first launches the development, the importance of bus-oriented development will be reinvigorated in growing downtown areas such as VMC.

In addition to the festivals, residents can also experience a variety of emotions and interests of the rich and colorful activities. Culture and arts, shopping tours, vast parks and scenic spots are all just minutes away from the hotel. Whether residents take advantage of the proprietary facilities inside Festival’s vast, multi-storey tower or broaden their horizons, every day will celebrate Festival’s life, diversity and new experiences.

FESTIVAL will consist of several high-rise towers, which will be the tallest apartment development in South VMC. The new retail store, amenities and staircase design, Festival Condos Vaughan near the VMC subway station will redefine the VMC landscape for urban families and professionals. This will be the beginning of the first multi-functional development project in the entertainment capital Vaughn (Vaughan)-setting new standards and a new era for urban development.

With the emergence of the subway, the demand for housing in the metropolitan center of Wang City has increased sharply, the ongoing projects have been snapped up within a few weeks, and most people begin to pay attention to the city and the development of the city. Pay attention to the most identifiable areas. VMC will bring the convenience, atmosphere and trendsetting atmosphere of a big city to 905, and we will all be surprised at its growth rate.

Should Virtual Property Tours Be the New Norm?

Should Virtual Property Tours Be the New Norm?

     With the pandemic in this last year, leaving your home to meet an agent for a property tour has never been more unnerving. However, buying a home is not the same as ordering your stationary goods from an online retailer; you want to see the property with your own eyes. Typical listings on MLS (Multiple Listing Service, the premiere software for real estate listings in the Greater Toronto Area), generally list the features of the property alongside some photos. Some real estate agents have taken it upon themselves to upload of video tour of the property on their listings as well.

     In the past few years, some have taken it upon themselves to 3D video tours to their properties as an additional way to show it. This allows for clients to use tilt or move their phone to see a 360 view around the room. There are possibilities of combining this with virtual reality headsets alongside a voice call with an agent to provide a full immersive experience without needing to leave your home

Advantages

     The best part of this would be being able to see all these homes within the comfort or your own home. Seeing these properties without needing to travel to a different location can save you plenty of time while still giving you the opportunity to check the property out. Also, in these times of this pandemic you can limit your contact with others

Disadvantages

     With any digital content that we consume in the current day, there are always concerns of digital alterations done. Given the current abilities of technology, these changes can be subtle and unnoticeable. Visual details can be changed, the perspective of rooms can be altered to give you a false interpretation of its size. In the end, it just depends on your trust that the agent has your best interests in mind and wouldn’t mislead you.

     So, are virtual tours the future of real estate showings? It could possibly become a part of it for those who want to take the first look at a property before they visit it again in person. But it is likely never going to fully replace your standard house showing as that is too vital for the purchasing process.

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What are the advantages of grand central mimico? Why is it popular?

What are the advantages of grand central mimico? Why is it popular? Grand central mimico thoughtful timeless design, transportation and modern amenities combine to form the most relevant and important community of (South Etobicoke) in Yitobi Valley. VANDYK PROPERTIES’s master plan for public transport leads to the community, including more than 2 million square feet of multi-purpose integrated development-spanning four city blocks and based on more than 1.85 million square feet of inspired residential life. At the heart of this new area is Buckingham Palace St. Newcastle Avenue, with a modern new MIMICO GO STATION connecting residents to downtown Toronto and the future Ontario line.

Gao Quanshun score-enjoy the unparalleled convenience of living in the Grand Central Mimico apartment when the bus option is surrounded. Residents will be able to travel seamlessly through the city via GO trains, trams or buses, all within walking distance of their families, helping riders connect with nearby job hubs and educational institutions. CondoNow says commuters can leave their cars at home in less than half an hour and use GO Transit to enter Union Station.

Waterfront-one of the main life advantages of Grand Central Mimico Condos is the beautiful waterfront of the city within your reach. Residents will be able to walk to the lake and enjoy freshwater beaches, seaside trails and lush parks. CondoNow points out that nearby green spaces include Mimico Waterfront Park, Amos Waites Park and Humber Bay Park West, and provide an area for your quadruped family members.

Highway access-residents of the Grand Central Mimico apartment prefer to travel around the city with their own private transportation, with easy access to the nearby main access, which makes it easy to get from point A to point B. Gardiner Highway, QEW and Highway 427 are all located nearby and are easily accessible by motorists. CondoNow admits that commuters will be able to drive into downtown Toronto within 20 minutes.

Ideal for students-living in the Grand Central Mimico Condos is ideal for college students who need off-campus accommodation during the academic year. Humber College (Humber College) is conveniently located just minutes from the hotel and is easily accessible by bus or car. CondoNow points out that this part of the city has some of the highest ranked public schools and famous private schools, which is a huge investment for families with children of any age. VANDYK Properties.

With more than 40 years of experience in the North American real estate industry, it represents more than US $1 billion in completed projects and more than US $1 billion in projects currently under development. They strive to create sustainable communities while building long-term relationships within the communities they build.

How about universal city phase 3? Can it rise in value?

Universal City Phase 3 is a new condo development by Chestnut Hill Developments currently in preconstruction at Sandy Beach Road & Durham Regional Road 22, Pickering. The development is scheduled for completion in 2023. Universal City Condos – Phase 3 has a total of 359 units. Sizes start at 1026 square feet.

Universal City Condos 3 is a New Condo development by Chestnut Hill Developments located at Bayly & Liverpool, Pickering.

Chestnut Hill Developments’ Universal City Condos 3 is coming to the town of Pickering. This development will attract the young and old alike as this neighbourhood continues to thrive with many businesses catering to a wide range of demographics.

Top 5 Reasons to Live at Universal City Condos 3 According to CondoNow.com

  1. Amenities, Features and Finishes

Universal City residents will benefit from the retail and commercial space located at ground level as well as the luxurious amenity space divided throughout the building.

Amenities may include but are not limited to, a state-of-the-art fitness centre, saunas, change rooms, inspired designed party room with full kitchen and spacious lounge area. Outdoor spaces will feature a landscaped terrace, BBQ’s, loungers, cabanas, and fire-pit where you can enjoy the company of friends and much more.

Chestnut Hill has projects that are known for accompanying their layouts with upgraded standard features and finishes. Each dwelling unit may feature an open concept design, floor to ceiling windows, expansive balconies, granite countertops, stainless steel appliances and deep soaker tub to name a few.

  1. Flourishing Town

Downtown Pickering, located just east of Scarborough, is going to be a major hub for jobs and population growth as the city sees an increase in infrastructure development. The town of Pickering is considered to be one of the designated growth areas in the Province’s Places to Grow Act. The plan designates certain locations for growth via strategic planning. Pickering is preparing to be the next hot spot to live in GTA East.

  1. Location, Location, Location

Universal City Condos 3 is located within close proximity to prestigious schools, beautiful parks, big box stores, The Pickering Recreation Complex, transportation and shopping.

Pickering Town Centre is the largest regional shopping mall in Pickering and is located just 3 minutes away by vehicle.

Residents of Universal City can take advantage of the 203 stores and services anchored by major stores:

Hudson Bay

Saks Fifth Avenue OFF 5TH

Famous Players

Sports Check

H&M

  1. Transit Options

A short 7-minute walk will bring Universal City residents to the Pickering GO Station where an express train brings commuters to Union Station in 25 minutes.

Motorists will enjoy living just a stone’s throw away from Highway 401.

  1. Great Investment Opportunity

Universal City Condos 3 is in the next up and coming neighbourhood in the GTA with an array of local amenities and new businesses- this is a once in a lifetime investment opportunity.

For almost 40 years local, award-winning developer Chestnut Hill has been creating fine-quality, master-planned communities. By conducting extensive research beforehand, they choose the perfect locations for their customers to invest or raise a family in.

What about kindred condo mississauga? Can I buy it?

What about kindred condo mississauga? Can I buy it? Kindred Condos is a New Condo development by The Daniels Corporation located at Eglinton Ave W & Erin Mills Pkwy, Mississauga.

Located in Daniels’ newest master-planned community, Daniels Erin Mills is set to become the newest ‘it’ destination in the GTA – a place where residents will shop, work, dine, play and love where they live.

At the heart of Kindred are people – individuals inspired to be part of an inclusive family.

Kindred at Daniels Erin Mills is a new condominium built on community. Join a beautiful master-planned vision that celebrates people from all walks of life coming together. Live in unison amongst a thoughtfully designed environment with abundant outdoor space and lifestyle amenities that fosters connection.

Kindred is a spirit of togetherness and a way of life like no other. Following the success of our Daniels Erin Mills community at Erin Mills Pkwy and Eglinton Ave. W., we are thrilled to introduce the next phase across the street on the north east corner.

The Daniels Corporation builds with a passion for creating vibrant communities in every sense of the word. Daniels looks beyond the bricks and mortar, including social, cultural and economic infrastructures that will create a unique sense of place. This commitment has been an integral part of Daniels’ corporate philosophy for over 35 years. Daniels has built more than 30,000 award-winning homes and apartments, master-planned mixed-use communities, and commercial and retail spaces, and has earned its standing as one of Canada’s largest and preeminent builder/developers.

Directly across the street from all of your shopping needs at Erin Mills Town Centre which features restaurants and retail and directly across from Credit Valley Hospital

Steps to Public Transportation & Minutes to Highways 403, 401, 407 & the QEW — making travelling all over the GTA a breeze.

You are minutes to the University of Toronto – Mississauga Campus which is home to approximately 14,000 Students.

Short distance from Streetsville , best known as “The Village in the City”, is home to the largest number of historic buildings in Mississauga blending old world charm with its 300+ unique and inviting restaurants, cafes, pubs, shops, and boutique stores & Streetsville GO Station, where you will have you access to both GO Trains & GO Buses.

How’s the boulevard condo thornhill? Is it worth buying?

How’s the boulevard condo thornhill ? Is it worth buying? Boulevard at The Thornhill is a new condo development by The Daniels Corporation and Baif Developments currently in preconstruction at Bathurst Street & Beverley Glen Boulevard, Vaughan. Sales for available units start from the high $400,000’s.Please Visit: the boulevard condo thornhill to Get Your VVIP Registration Today!

Boulevard at The Thornhill Details

Community Name: The Thornhill

Building Type: Condo

Ownership: Condominium

Selling Status: Registration

Construction Status: Preconstruction

Builder(s): The Daniels Corporation and Baif Developments

Sales Company: City Life Realty Ltd.

Boulevard at The Thornhill Summary

Arrive at Boulevard, the highly-anticipated final chapter of The Thornhill master-planned community at Bathurst and Beverley Glen. Experience spacious family-sized condominium suites nestled within a 6-storey and 12-storey mid-rise offering, featuring a shared podium, curated indoor and outdoor lifestyle amenities, and all the conveniences of connected urban living. You’ll adore the vast greenspaces of South Thornhill and the neighbourhood’s eye-catching tree canopy. With York Region Transit and VIVA bus lines at your door, as well a network of commuter highways nearby, you’ll enjoy easy access to anywhere you want to go. With so many options, your new landscape of possibilities at Boulevard awaits

Boulevard Condos Thornhill is a New Condo development by The Daniels Corporation located at Bathurst St & Centre St, Vaughan.

The Boulevard Condos is the final chapter of Daniels master plannned Thornhill community. A 12 storey and 6 storey building will be connected by a shared poduim, housing an exclusive collection of family sized suites and offering a wide variety of indoor and outdoor amenities.

The Boulevard Condos offers the ultimate convenience by being surrounded by plenty of urban lifestyle amenities, offering immediate access to YRT transit services, and easy access to nearby major thoroughfares.

The area surrounding the Boulevard Condos is surrounded by tree-lined streets and lush parks for residents of The Boulevard Condos to enjoy. The area is also very family-friendly with many top-ranking schools located close by.

For over 35 years Daniels Corporation has built over 30,000 award-winning communities. They are considered to be one of Canada’s premier and largest real estate developers. Their building process is unique as they tend to look beyond just the physical building and strive to create a sense of belonging for the buyer.

Reddit joining the Downtown Toronto Office Trend

Reddit joining the Downtown Toronto Office Trend

     This week, popular social news and discussion website announced that they would be opening their first office in Canada in Toronto, Ontario. Reddit has an active userbase of 52 million daily users with Canada being the third largest in number of users. The exact location of the office has yet to be disclosed. The positions for hire will range in plenty of areas including engineering, community engagement positions and sales and marketing. More details regarding the hiring’s will be announced in the coming weeks. The company has stated keen interest in working with Canadian brands to better establish themselves in the market. This office opening shows their dedication to a long-time investment into Canada and engage with their Canadian users.

 

     With this news, Reddit joins in on the big tech company recruitment in downtown Toronto matching those of Twitter, Tik Tok and Pinterest that also recently announced their own hiring’s. Toronto has been an employment hotspot that is continually growing with more big tech choosing it as their headquarters. Reddit plans on working with many Canadian brand’s and marketers ensuring many potential job opportunities there as well. This is a great sign for condo and homeowners in the downtown Toronto area. Employment opportunities is always something that is one the top of the list for desirable home location traits. The more alluring its location, the higher the value will be on the property.  Toronto is already one of the top real estate markets in Canada and is not showing any major signs of slowing down. This trend will likely continue with many more companies expanding into Toronto

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ActiveTO makes its return, is it time to Reconsider Lakeshore Properties?

ActiveTO makes its return, is it time to Reconsider Lakeshore Properties?

     With the stay at home orders placed last year many citizens of Toronto had troubles finding ways of keeping active and enjoying nature. To combat this, last year the city of Toronto launched the ActiveTO program, that would shut down major roads like Lakeshore West and Yonge St from Dundas St to Queens Quay, during the weekends for people to bike, jog or any type of mobile physical activity of that nature. This year would see a return of the program but without the beloved Lakeshore West resulting in a very crowded Martin Goodman trail, the areas most popular trail. The reason given was due to roadwork in nearby streets that would result in major traffic congestion. The Lakeshore closure would attract nearly 18,000 cyclists each weekend with a very large spike in Toronto Bikeshare Use, . With its occlusion, many citizens have demanded for its return. In a recent meeting, a motion was approved to find ways for partial or full closures during select weekends. It may not be like the 25 weeks from May to October like the previous year but still shows glimmers of hope for cyclists of lakeshore.

With the many condos surrounding Lakeshore, current or potential owners may rejoice or be furious with this news. Cyclists loved this closure having local roads all to themselves, feeling safe from collisions from motor vehicles. On the other hand, this move can be very irritating for motorists. Major traffic congestion can occur during some periods and it must be frustrating too see road closures with no one using the road during rainy days. If you’re looking into a property in this area, this might help in your decision of sealing the deal. Are you a motorist that works during weekends? It may seem small but over time you’ll feel your quality of life impacted compared to a property in a different area without these closures. If you love cycling, there’s great enjoyment to be had biking on a road originally meant for cars; and all the space it has compared to your average park trail. As ActiveTO originally started as a measure against COVID-19, continuing this year shows signs that this may become a permeant edition to Toronto.

Interested in a condo in this area? Check out CondoTrend for new developments today!

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Brampton Recieving a Medical Makeover with Ryerson University

Brampton Recieving a Medical Makeover with Ryerson University

     One of Toronto’s most well-known educational institutions, Ryerson University has announced a new medical school that will be located in the city of Brampton. The Government of Ontario released their 2021 budget this past Wednesday and, in that document, announced financial backing for their new medical school. This new medical school will have a large focus on creating innovation for health care for the next generation. The proposal is to include curriculum for undergraduate and post graduate studies for this institution. This follows the news when Ryerson moved their Internationally Trained Medical Doctors Bridging Program was moved to Brampton just last month. Additionally, it was announced at the same thing that there would be a new hospital located in Brampton, making it the 2nd one that the city holds. Further details are not currently known including funding amount, release date or structure. It has been stated that it will be an important part of the city as per Brampton City Officials.

     The province’s investment into Brampton is great news for any homeowners in the city. Provincial investment and commitment of working on infrastructure changes always increases the attractiveness of the location. Having an extra hospital and a brand, new, innovative medical school will entice many to look at Brampton as a new potential home. This becomes a great location to raise a family with a potential post-secondary education option and that your well-being is well taken care of with a nearby hospital. There are currently dozens of development projects set in Brampton from condos to single family homes. This may be a great time to enter the market in Brampton with an expected increase on all values of properties within Brampton thanks to the provincial funding. Brampton looks to have a bright future with many quality of life changes over these next coming years.

Interested in properties in this area? Visit CondoTrend to view homes in Brampton.

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Photo by Jimmy Kwan
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5 Tips On Making Your First Condo Purchase

5 Tips On Making Your First Condo Purchase

     Whether you’re looking to invest or to live in a condo in the future; jumping across that initial hurdle can seem incredibly daunting. There are many considerations that you must make before you ultimately sign on those dotted lines. Some due diligence beforehand can save you a world of headaches afterword’s. The goal for this is for you to feel more comfortable and prepared before you make this big decision.

1. Decide if you’re an end user or investor

     Although this may sound obvious to some, being firm on this decision will alter the choices that you make throughout this process. Some of the criteria that both sides look for can be similar, but you ultimately want to consider the best options for your use of it.

End User

     For those choosing to live in the condo, consider your daily lifestyle; how you commute, what errands you typically run often, and whether you live alone or are wanting to raise a family. This will make you consider the location with the proximity to the nearest public transit station or the highway for motorists. The size of the unit becomes more significant as you should bear in mind how much space you require to live comfortably. End users also must consider the feasibility of pre-construction (will touch on more later) vs. resale. With pre-construction condo’s, end users can expect a fantastic brand new and modern building compared to some resale ones that may look outdated. However, there is genuinely a long waiting period usually between 2-5 years. You’ll have to consider this as it means you’ll need to have another home to stay in for that long and potentially longer with occupancy delays being very common.

Investors

     Investors on the other hand need to decide whether they plan on renting or selling. You need to consider having a reserve fund for some surprise costs that might pop up for amenities (see Understand your Financial Situation). Investors also need to consider Capital Gains Tax that will tax 50% of gains that you would profit from. However, if you choose to make it your principal residence, you can avoid this tax, but this would require you to occupy the property for a year. This would require you to manage this condo for a year and base your decisions with this in mind. In terms of renting the condo out, some condo’s ban rentals while others have limitations to deter short-term rentals usually having the renter occupy the unit for at least 6 months. It can also be difficult to make your condo cash flow positive with considerations to the rising condo prices and many expenses that might be incurred to make it rentable.

2. Research Your Developer

     Regardless of how you plan on using your condo, make certain that you spend your time researching and getting to know the developer. Just as you check reviews for a new restaurant or the latest piece of tech, you’ll want to do the same with the developers. There are hundreds of developers just within the GTA, and they are not of all the same quality. Research their previous projects and treat that as their resume. See how many they’ve completed or cancelled, if they typically stay on schedule or always face multiple delays and their overall reputation in the industry. Its also important to see how their buildings age over time as it’s a telling sign of their craftsmanship. You wouldn’t want to purchase a unit that looks like it needs to be demolished after 5 years time. You can find many developers with 20-year-old buildings that still looks up to par to this day.

3. Location, Location, Location

     Condo purchases should always be looked at with a lens of what it means in X years. The location is one of the most key aspects for a condo. Most pre-construction condos have a 2-5 year wait time, imagine how that area will change in that period. Keep an eye out on news that include what investments that are being made to improve that area like when the government invests in community expansions and infrastructure improvements. Quality of life injections make the neighbourhood more appealing and will reflect in its price.

Think of its area and whether or not its in demand. Areas near post-secondary institutions and major employers are always in high demand as people will also look for places to stay nearby.

4. Understand your financial situation

     Considering your own financial situation is very important before making this big decision. These condo’s cost a lot of money that could put you in serious financial trouble if something goes wrong. You may have enough to cover the down payment (usually 5% of the purchase price) but you’ll need more for other costs. Consider the occupancy date if you plan on being the end user; can you afford to wait that long your new residence? There are many hidden costs associated with purchasing a condo that wouldn’t be obvious at first glance. These costs can include the HOA dues that can range in price depending on the price of the building, (higher as the building ages). Condo owners are also subject to monthly payments including mortgage and property tax & insurance. There are also special assessment payments that are used to cover non-routine, unexpected expenses such as certain rebuilds within the building. When purchasing a pre-construction unit, you’ll have to keep some funds for legal fees on a lawyer, title insurance, utility hook-ups and closing costs. Set aside some funds and speak with an agent where they can help break down all the costs for you to ensure that you are financially prepared for this.

5. Work with an agent

     It is highly recommended that you work with an agent when making your first purchase. In the condo purchasing process, there are many nuances that is difficult for a beginner to grasp. This is especially true when you’re making a pre-construction purchase. The sales representative doesn’t have your best interests in mind, but the agents do. There are many decisions to be made during this process which the agent can guide you on. For investors, they know which floors can fetch you the biggest return on investment, and they have plenty of sales data to help you pick the unit that will certainly sell. There will be many offers to purchase these additional add-ons, but your agent can help distinguish the good from the bait. The agent will also help you negotiate with your best interest in mind to ensure that you can sign those purchase agreements without worry. There are still many steps after the signing such as the 10 day cooling off period and closing costs that aren’t typically made well known. They can help explain the tax implications and they’ll help you with the leasing process if your intent was to sell. Simply put, just use an agent, they’ll save you many headaches down the line.

Interested in making your first condo purchase? Check out CondoTrend for available condos now!

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