Toronto Real Estate Agent Priscilla Han

prishanrealty@gmail.com | ☎ 647-360-8963

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July 2022 Toronto Real Estate Board Market Watch

Tuesday Aug 23rd, 2022

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July 2022 Toronto Real Estate Market Review

The Greater Toronto Area real estate market plummeted after a 1% interest rate increase.  In July 2022 recorded a 6% decrease month-over-month, which is the largest decrease this year.  However, some cities are gradually getting on their footing. Which are these cities? This month’s July 2022 Toronto Real Estate Board Market Watch Report will give you a better sense of the real estate market in the GTA.     Average Sold Price  Across the whole GTA... [read more]

Offer Process For Purchasing a Property in Canada

Tuesday Aug 23rd, 2022

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Offer Process For Purchasing a Property in Canada

How is the process of purchasing a property in Canada? Purchasing Canadian real estate is quite different from some other markets. For instance, in many Asian countries, there is often a constant negotiation between the buyer and the seller.  After reaching a verbal agreement, the agreed terms are put onto a contract to be signed. What is the purchasing process for purchasing real estate in Canada? The negotiation process is different here in Canada. The negotiation is mostly... [read more]

Purchasing Process for Pre-construction Condo Projects in Greater Toronto Area

Friday Aug 19th, 2022

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Purchasing Process for Pre-construction Condo Projects in Greater Toronto Area

Preconstruction projects are very popular among buyers for various reasons. In Toronto, preconstruction projects have become very popular among buyers for several reasons. One reason is that the number of buyer applicants has far exceeded the number of available units. Another reason is that developers tend to prefer to work with buyers rather than non-buyer clients. As a result, most preconstruction projects are allocated to buyer clients. However, the standard process is for the... [read more]

The Pros and Cons of Buying and Selling Condo assignment in Toronto Real Estate

Friday Aug 19th, 2022

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Pros and Cons of Condo Assignment

As a Toronto Realtor, we will learn more about the advantages and disadvantages of investing in condo assignment. The main difference between condo assignment in Canada and condo assignment in China is that in Canada, the original buyer (Assignor) of the pre-construction condo is allowed to sell, or assign the sales agreement to a new buyer (Assignee).  This new buyer can then finalize the agreement with the developer at the time of occupancy.  Condo assignments can provide maximum... [read more]

$30,000 Price Drop! Toronto Midtown Line 5 Condo Assignment

Friday Aug 5th, 2022

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Toronto Condo Assignment - Line 5 Condo in Midtown | Exclusive Listing

Toronto Midtown Line 5 Condo Assignment $30,000 Price Drop! 117 Broadway Ave 3xxx Exclusive Toronto condo assignment located in the center of Toronto midtown! Price just dropped to $680,000. This is a 1 bedroom + den unit located on 30th+ floor with an open balcony! The current asking price is at least $200,000.00 lower than the current developer price. The unit is expected to enter occupancy around in 2023 December, with closing in 2024. A late closing like this is perfect for... [read more]

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