A bidding war typically occurs when a seller first acknowledges they have a property in high demand, and then puts the property on the market with a set 'offer date' — usually 5 - 8 days ‘after’ the first day on the market.

For those many buyers who value their bank balances over shiny, modern finishes (many of my clients), there are some great options to consider. Many of these buildings are a bit older, but still well maintained and in desirable locations.

After seeing just about every condo in Toronto, I can say for certain that some properties just rise above the rest — figuratively speaking. Naturally, another contributing factor when it comes to a condo’s desirability is location. Much like some condos are better than others, some neighbourhoods are simply superior as well.

As a condo buyer, it’s important to understand what you’re buying into. The list below describes 5 red flags to look out for when purchasing a condo.

Buying a condo involves many moving parts and critical decisions. The following is a primer that’ll give you a strong sense of what to expect and ultimately help you secure the right condo. I define the ‘right condo’ as one that’ll prove to be a strong financial investment and have the most positive impact on your quality of life.

Buying a home is probably the largest purchase you'll ever make. Whether you’re in the market for an urban loft or a detached bungalow in the suburbs, one thing’s for sure: going about it the wrong way will not only cause you stress, but could also hurt you financially.

There are many condos worth avoiding in Toronto, but there’s no denying this city is also home to some impressive — and even award-winning — residences that offer both comfort and style. Below is a list of the 5 most popular buildings in the city, and some interesting traits I observed among most of them.

Buying a condo can be a challenging endeavour, even for those who have a lot of experience in real estate. The amount of money you’ll have to come up with for a down payment can be intimidating. Plus, paperwork required to close on a property can be overwhelming. But in the end, owning your own home has proven to be a strong long term investment — particularly if you live in Toronto — and certainly beats paying down a landlord’s mortgage.