2023

Here are some tips on how to identify reputable developers in the Greater Toronto Area (GTA).Track record: Look for developers who have a proven track record of delivering high-quality developments in the GTA. You can research their past projects and look for reviews from previous buyers.Reputation: Check the developer's reputation in the industry and among other buyers. You can read online reviews, ask...

There are many benefits to buying a pre-construction condo, including:Lower price: Pre-construction condos are often sold at lower prices than completed units, allowing you to potentially get a better deal on a brand new condo.More customization: Depending on the development, pre-construction condos may allow for more customization options, such as choosing finishes, layouts, and upgrades.Potential for...

Interest rates can have a significant impact on the real estate market, as they affect the cost of borrowing money to finance the purchase of a property. When interest rates are low, it becomes easier and more affordable for homebuyers to obtain mortgages, which can lead to an increase in demand for homes and a rise in prices. Conversely, when interest rates are high, the cost of borrowing increases,...

Location is one of the most important factors that affect real estate prices. In general, properties in desirable locations with easy access to amenities and infrastructure tend to be more expensive compared to those in less desirable locations.There are several factors that determine the desirability of a location, including:Proximity to amenities: Properties located near amenities such as schools,...

Geothermal systems in condos offer several benefits, including:Energy Efficiency: Geothermal systems are highly energy-efficient, as they use the stable temperature of the earth to heat and cool the condo units. This can result in significant cost savings on utility bills compared to traditional heating and cooling systems.Low Maintenance: Geothermal systems have fewer moving parts than traditional HVAC...

Selling a pre-construction condo assignment means selling the right to purchase a unit in a building that has not yet been completed.  The process of selling an assignment could be complicated.  It’s recommended that you consult an experienced Real Estate Professionals from Enso Realty to help you with the process.  Here are the steps to sell a pre-construction condo...

Creating a Canadian incorporation to hold a property involves several steps.  You can hire a lawyer, accountant or do-it-yourself to create an incorporation in Canada to hold a property.  Regardless who is doing the actual registration of the corporation, here's an overview of the process:Choose a name for your corporation or use a number company:   If you want to pick a name for your corporation, it...

There are several factors to consider when deciding whether to own a property under a personal name or a corporation name. Here are some benefits of each:Benefits of owning a property under personal name:Simplicity: Owning a property under a personal name is a simpler process than setting up a corporation, which involves more legal and administrative work.Tax benefits: If you own a property under your...

Zoning laws and regulations are laws that govern the use of land within a certain area. They specify how a particular piece of land can be used, what kind of buildings can be constructed, how tall they can be, and where they can be located. Zoning laws are put in place to ensure that land use is organized and planned in a way that benefits the community as a whole, and to prevent any negative effects of...

There are several creative ways to finance a home purchase. Here are a few options:Rent-to-Own: This option involves renting a property with the option to purchase it at the end of the rental term. A portion of the rent payment goes towards the down payment on the property. This can be a good option for those who may not have enough money for a down payment but want to eventually own a home.Bridge Loans: A...