Skip to main content

Posts

What is A Good Investment Plan For 2023

 If you have not yet considered investing, you should do so right away to get ready for 2023. The year 2022 is almost over.  In 2023, a diligent investor will have many options. The stock market, fine art, peer-to-peer financing, and even gold are among the investment alternatives. Every purchase in an option, though, carries some risk. You run the risk of losing money or misplacing your money.  But compared to other bets, Toronto Real Estate is much safer.  Given the increase in Toronto real estate, now is the perfect moment to invest.  For your real estate investments, we can offer the best recommendations.  That's TOmycity.com for you.  Our goal is to give clients the best investment choices for brand-new condo construction in Toronto. We offer premium services for purchasing or making investments in Toronto condos that are either under construction or are still in the pre-construction stage.  How and why we are your best choice  We offer...

Buy New Construction, Condos Near Square One Mall Mississauga

Buy a condo in the happening place of Mississauga- the city center If you are looking to buy a condo in Mississauga, then Condos near square one mall Mississauga is the best option. Square one mall is the largest mall of Mississauga that characterizes the vicinity of the location and makes it the most classic and progressive place to reside in. The location of the square one mall is known as City Centre and is home to the society of most sophisticated and well-to-do people. It is the place where you can find a balanced blend of residents, professionals and business entrepreneurs living and working in this neighborhood with prosperity. For all those people who love Condo living, Square One is a place for you as it offers large condo buildings. You can also find some small condo townhouses too in this location. But majorly, it is a hub for various enormous buildings with unparalleled facilities, spaces, decors, and finishes. You can find the best Condos near square one mall Mississau...

Use of Multiple Listing Services For Buying Properties in The World of Real Estate

Multiple listing services (MLS) is a service that real estate brokers use to set up the contractual offers of compensation and accumulate and pass information to enable appraisals. It is a service database and software used by real estate brokers in which they share the details of the property with the other brokers who wish to work with the seller broker in finding a buyer for the property. The commission can be negotiated between the listing broker and the broker representing the buyer. Since the commission and all the property features can be obtained from the MLS it is in broker interest to maintain the data. Similarly, Toronto MLS is also a database listing all condos for sale. It features all the details about the property such as price, number of bedrooms, bathrooms, and other amenities. It also gives you the complete address of the property and other accessible places nearby. Toronto real estate market is on fire so people over there are looking forward to buying a condo ...

Ultimate pros of, Buying the Pre-Construction House in Toronto

There are so many investors, who Buy New Construction homes in Canada with a direct deal from the builder. While if you haven't considered this deal then, look at these benefits, the pre-construction house offers and you can enjoy these benefits by purchasing a home in its building stage. Benefits start from the money-saving and genuinely reaping a huge amount in return for the investment. Generally, you will see the results during the selling of your house with great possibilities to customize it, in your style and so on. Moreover, it is not a fruitful deal for everyone; it depends upon the lifestyle and needs of the buyer, but it can be possible having back of tomycity.com agents. Here are the Pros for Buying a Pre-Construction House If you are going to buy a home during the stage of its building then you can make a deal with the minimum amount as a down payment, while the value of your home can compensate it over time. Or there is another option; you can buy the home accor...

Why Pre-Construction Condos are best Investment

Buying or investing in a pre-construction condo is one of the biggest financial outlays. Investing in Mississauga real estate is always known as almost a sure thing. The idea is that people will always require a place to live and the prices of real estate will surely upswing over time. But what if you could buy a future Mississauga Condo at today’s price? Nothing can be better than this. Though investing in pre-construction condos seem like having a little risk but the award is worth it. If you are planning to invest in pre-construction condos you can take the help of Tomycity.com. How investing in pre-construction condo work Pre-Construction Condos are affordable as the developer is still fundraising and he would like to attain as much money as possible before smashing the ground. When you are investing in condos all you need to do is wait for some years and you will that gradually the price of your condo has gone up remarkably. Therefore, before investing in pre-construct...

Reasons why Condo market will continue to grow

To talk about the current condo market in Toronto, they have a higher number of buyers who are first-timers as compared to the housing market. Precisely, most of them are bachelors and people who have just moved in from different countries and states. In the context where families itself are preferring condos over villas, this comes as no surprise. The point which draws attention here is the number of younger buyers which has definitely increased. Also, the current trend suggests that there are buyers who do not want to keep a condo they purchased for another 25 years, instead want to buy the newer and latest ones in the fast-growing areas with grand facilities. This is just one of the few reasons why the condo market seems to continue its growth and more new condo projects are coming up in Toronto. Also, it is found that the newer buildings have a higher turnover compared to older buildings and get sold faster than you expect. To solidify this trend it is shown that construction ...

Benefits of Buying Condos in Toronto

In the previous years, the trend that is seen is, a lot of people are willing to invest in pre-construction condos as a safe, passive and lucrative way to acquire property in Toronto. Acquiring a new property in Toronto is equal to fulfilling a beautiful dream. Buying a pre-construction condo is like buying futures in the stock market. Essentially, you are buying at today's prices with the belief that in the future, prices will rise. Historically, long-term prices of residential homes have always gone up. For this reason, you can improve your odds of appreciation by acquiring properties in highly gentrifying neighborhoods. This is where major infrastructure or transit is scheduled to be built. Given that the property you are purchasing will not be available for 3-5 years, it makes sense to acquire a new home in an area that's on the rise. These neighborhoods will have a lower purchase entry point and a higher potential to outperform the overall market. When looking to m...

What is a Condo and Why do People prefer it over Other Property Types

“It’s like an apartment, but you get the ownership.” This could be the answer that most people give when asked what is a condo. Yes, it is primarily the type of ownership that makes a condo different from an apartment. A condominium, commonly called a condo, is a dwelling unit owned by a person or a family in a building or community with multiple units. When it comes to the land and common use areas of the condo project, they are commonly owned by all the condo owners. Though condos are largely part of high rise buildings like apartments, detached condos like townhouses, duplexes or detached houses also exist. Nowadays condos have become the most preferred real estate investment option. People prefer condos over houses because they are cost-effective, safer and need less maintenance. The buying procedure for condos is similar to the procedures of any other residential property. You will have to pay a monthly or annual fee for maintenance and amenities. This fee is determined based o...