As a real estate agent in the Greater Toronto Area, one of the most asked questions I received was how to choose between pre-construction condos, and resale condos when purchasing real estate in Toronto. My general feeling is that pre-construction is more suitable for investment purposes, and a resale condo is better if intended for own use. In this blog we will discuss some key considerations between purchasing pre-construction condos and resale condos. Benefits of Purchasing... [read more]

Assignment sales are common in real estate transactions. Often with pre-construction sales, especially in the hot condo market of Toronto and surrounding areas, there's a long time lag between when the original contract is entered into, when the Buyer can move in (the interim occupancy period) and the final closing. Life stages change, financial and investment are the main reasons why someone would sell a condo assignment.   What's an Assignment Sale? An assignment... [read more]

As Ontario is about to ease the COVID-19 restriction and the public is feeling more at ease about the re-opening, Toronto real estate market has one of the strongest growth in history during the pandemic. Toronto Real Estate broker, Priscilla Han, has observed that property growth by different property type.  Comparing the Different Property Types During The Pandemic From the three different property types: single detach homes, freehold town homes, and condo apartments, Priscilla... [read more]

Priscilla Han, realtor servicing the Greater Toronto Area, shares her experience of choosing a good neighbourhood to settle in Toronto. Priscilla had come to Canada twice. The first time was in 2000, when she was emigrated from China as a skilled immigrant. The second time was in 2017, when Priscilla and her husband, along with their two daughters, returned to Canada as a family. During the two experiences, Priscilla has summed up some tips to help new immigrants to understand how to... [read more]

Real estate agents in Ontario, like many other sales professionals, get paid commission – typically a set percentage of the price of a home, paid upon the successful completion of the sale. When an agent works with a Seller and lists a home for sale, they take on the risk – they only get compensated for their time and out-of-pocket expenses if the home sells. If a home doesn't sell, the REALTOR doesn't get paid.    What do Seller's Agents Offer? During... [read more]