Category: Uncategorized

Townhouse vs Condo: 12 Key Differences to Know

July 15th, 2019
For many first-time homebuyers, a condo and townhouse are good starter homes. Condos and townhouses are typically more affordable than semi-detached and detached houses, especially in big cities like Toronto and Vancouver. They’ve become desired considering high real estate costs. Just to clarify things, when we say condo, we mean a condo unit that’s owed...

20 Must-Have Items for a Small Condo

April 16th, 2019
If you’re living in a 500 square foot condo in Toronto, space is probably a premium. It can sometimes seem like there isn’t enough room to swing a cat. Thankfully you’re not alone. There are many people that feel your pain. The good news is that there are items that can make your life easier...

Pre-Construction Condos in Toronto: 10 Costly Traps on the Floor Plans

March 31st, 2019
Buying a pre-construction condo, either as a place to live in or a as a rental investment property, is a big decision and a significant investment. With condo prices in Toronto still aggressively growing, more and more buyers are turning to pre-construction condominiums. The biggest difference that you are facing when buying a pre-development condo...

Airbnb and Condos: Impact on Property Value and Quality of Living

March 4th, 2019
Airbnb became a real alternative to hotel living. Some people prefer to book a property in a location they visits instead of hotels. Others still prefer hotels because of many reasons such as breakfast availability, no need to clean the unit at the end. But how important is Airbnb topic if you are planning e.g. to buy a condo in Toronto,...

14 Signs That Will Allow You to Spot a Bad Condo

September 5th, 2018
Are you thinking of buying a condo in Toronto or any other Canadian city? It’s a big step—and a considerable investment. The costs of an average condo in Toronto went up to $558,000 in the first quarter of 2018. It’s a steep climb from what was already a steep price, and while that creates a...

Condo vs Apartment in Canada: 6 Things You Must Know

July 16th, 2018
There are plenty of different ways to live if you think about a potential dwelling – from a standalone house to a shared unit in a building. If you intend to stay central, though, there are two places that you most likely would call home: a condo (also called condominium) or an apartment. Instinctively, people...

The Largest Condo Developers in the Greater Toronto Area (GTA)

May 29th, 2018
Year after year more and more condos grow out of the ground like mushrooms. Greater Toronto Area (GTA) is by far the most prolific for condos in the region with largest condo areas around the downtown, North York, Etobicoke, Scarborough, and Mississauga. This has resulted in a very versatile condo builder and developer landscape. To...

Buy Condos Like an Expert: 22 Things to Consider

March 21st, 2018
Buying a condo is often the largest purchase of your life, especially given the current real estate situation and pricing in many Canadian cities. Here are just a few statistics: An average condo in Toronto is ~$520,000 (2017) A median condo cost in Vancouver is ~$650,000 (2017) It is easy to become emotionally attached when...

Condo Review Site CondoEssentials Acquires TheDirt.co

February 26th, 2018
Today, InsurEye Inc. has announced its acquisition of the condo review platform, TheDirt.co. TheDirt.co was launched in 2013 by Brandon Donnelly and Mike Lerner to better inform Toronto residents about the city’s condominiums and create greater transparency in the marketplace. Today, TheDirt.co features nearly 1,000 condominiums in the Greater Toronto Area. “InsurEye became known to...

Condo Insurance Rates: 20 Ways to Reduce Them

November 23rd, 2017
While condo insurance rates are typically lower than other insurance costs, they still represent a good portion of a condo owner’s budget. Finding ways reduce your condo insurance costs can add up to significant savings. Although some savings depend on the condo corporation’s management of your unit, other savings depend on your proactivity. Here are...