Condo News: The Latest, Top Articles in Canada

Get the most-recent condo news and real estate trends to hit Canada's housing industry... all in one spot.

Toronto Condo Market Update: November 2020

Toronto Condo Market Update: November 2020

Alright, time for a quick condo market recap. I’m going to quickly touch on today’s metrics – sales prices, volume, and supply. We’ll then bust…

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From Saskatoon to Schitt’s Creek, Here’s What $1m Can Buy You and Where

From Saskatoon to Schitt’s Creek, Here’s What $1m Can Buy You and Where

Have you ever wondered how much property $1 million Canadian dollars could buy you? Well, you’re in the right place. Whether it’s rural, urban, overlooking…

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16 Best Downsizer Precondos in Toronto

16 Best Downsizer Precondos in Toronto

If you’re looking at downsizing from a detached into a condo, the first thing you need to be aware of is the fact that not…

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Toronto Kills AirBNB condos with 3 new rules

Toronto Kills AirBNB condos with 3 new rules

Toronto just implemented some new rules and regulations in the short-term, Airbnb condo market The rental market in Toronto is currently seeing an abundance of…

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Canada’s Condo Boom Produces Properties Worth Over $10 Million

Canada’s Condo Boom Produces Properties Worth Over $10 Million

Want to own Canada’s most expensive condo? Well then you better be willing to splash out almost $60 million… Condominiums are quickly becoming one of…

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The Definitive Guide to Buying Condos on Assignment

The Definitive Guide to Buying Condos on Assignment

The real estate market is one of the most powerful sectors of the economy. If you are located in Toronto, you must have caught the…

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Toronto Real Estate Market Outlook // May 2020

Toronto Real Estate Market Outlook // May 2020

Time for a mid-May update. My clients come to me to see what is happening in the trenches of real estate. I will also answer…

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The Best Dogs For Condo and Apartment Living

The Best Dogs For Condo and Apartment Living

If you are planning to experience the condo lifestyle, you will be loaded with multiple amenities and top-notch luxury. But, will you be able to…

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What Is a Condo Status Certificate?
Everything You Need to Know

What Is a Condo Status Certificate?
Everything You Need to Know

You might have heard a lot about the condo status certificate in the past. But do you really know what it means? It is one…

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Canada Real Estate Statistics [2020]

Canada Real Estate Statistics [2020]

Over the last few weeks we’ve been compiling some of the most interesting indicators in the Canadian Real Estate market. We don’t have a crystal…

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Real Estate Investment Guide & Trends for 2020

Real Estate Investment Guide & Trends for 2020

Real estate investment remains one of the most lucrative and assured investments you can make. It just requires an investment of time and learning to…

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Coronavirus Not Slowing Toronto Condo Market (Yet)

Coronavirus Not Slowing Toronto Condo Market (Yet)

We’ve been getting a lot of questions lately about the market here in Toronto… will the stock market have an effect on the Real Estate…

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Real Estate Acronyms Decoded for You

Real Estate Acronyms Decoded for You

The real estate industry is full of acronyms that can leave you surprised. There is a major amount of vocabulary involved in the everyday dealings,…

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10 Reasons Why People Are Moving to Toronto

10 Reasons Why People Are Moving to Toronto

If you are looking for a vibrant city that has access to everything and a healthy lifestyle, Toronto should be on top of your list….

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Duplex vs Condos

Duplex vs Condos

Real estate is a market that is interesting, exciting, and constantly evolving. Yes, there are times when it remains steady too. However, in a bustling…

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Best Condo Insurance Companies
All You Need to Know

Best Condo Insurance Companies
All You Need to Know

Insurance is like an assurance; it is always a better feeling to know that you are covered and safe in your home. Considering the condo…

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What Is a Detached Condo?
Everything You Need to Know

What Is a Detached Condo?
Everything You Need to Know

Many people are shifting towards detached condos, and the trend is changing. Even though most of the buyers are first time owners, the popularity of…

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How to Make Money Renting Condos

How to Make Money Renting Condos

The Toronto housing market has stabilized a little over the years and is growing at a good rate. Buying and selling of living suites is…

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7 Best Types of Flooring for a Condo

7 Best Types of Flooring for a Condo

For condo owners, every part of their condo counts. Right from the ceiling to the floor, you would want the finest for your condo. One…

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5 Easy Ways to Soundproof Your Condo

5 Easy Ways to Soundproof Your Condo

Condo living has become a popular housing option for people in Toronto. This is because the concept of small spaces seems more convenient for the…

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How Much Dwelling Coverage Do I Need for a Condo? – Here Are the Facts

How Much Dwelling Coverage Do I Need for a Condo? – Here Are the Facts

So you bought a condo, how exciting! But before you move into your new residence, it is essential to ensure that you have the right…

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Buying a Condo vs Renting – Looking at the Pros and Cons

Buying a Condo vs Renting – Looking at the Pros and Cons

Whether you choose to buy or rent a condo, you’ll get the same exact perk of living the condo lifestyle. While some individuals feel that…

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Is Land A Good Investment? Expert Buying Advice in Canada

Is Land A Good Investment? Expert Buying Advice in Canada

When it comes to investing your money, land has always been a valuable commodity to consider. Some investors purchase a vacant lot for immediate development….

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What Is My Condo Worth in Toronto? The Definitive Guide

What Is My Condo Worth in Toronto? The Definitive Guide

If you own a condo or are considering investing in one, there is probably one question that has crossed your mind. How much is my…

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Essential Questions to Ask When Renting A Condo in Toronto

Essential Questions to Ask When Renting A Condo in Toronto

So you found a lovely condo in Toronto and almost ready to move in. Price? Check. Location? Perfect. Amenities? Superb. Living space? Love it. But…

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How Much Does It Cost to Build a Condominium? – Construction Estimates

How Much Does It Cost to Build a Condominium? – Construction Estimates

Ever pondered the cost of building a condo in Toronto? Well, the population of Toronto is rapidly increasing. As a result, so is the number…

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How to Rent Your Condo in Toronto
Here’s What You Need to Know

How to Rent Your Condo in Toronto
Here’s What You Need to Know

Renting a property is not an easy task. You need to consider a plethora of factors. From deciding upon the tariff to the maintenance agreement…

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How to Buy a Condo with Bad Credit
Here’s What You Should Know

How to Buy a Condo with Bad Credit
Here’s What You Should Know

Not everyone has a good credit score. There are times when people do have a bad credit score label. However, there is nothing to lose…

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Understanding Real Estate Investment Barriers in Canada

Understanding Real Estate Investment Barriers in Canada

Are you planning to start investing in real estate? Well, it is a tricky business. However, with a hold of a few things, you can…

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What Are the Best Interior Designing Apps? Our Honest Thoughts

What Are the Best Interior Designing Apps? Our Honest Thoughts

Hiring an interior designer is the foolproof way to go in designing your home. Let’s admit it though, it can get crazy expensive. So those…

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What Are the Best Apps For Real Estate Investors?

What Are the Best Apps For Real Estate Investors?

A huge number of apps available on mobile app stores assist us in all walks of life, even in real estate investing. For Toronto mainly,…

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The Best Apps for Real Estate Agents, Brokers, and Homebuyers

The Best Apps for Real Estate Agents, Brokers, and Homebuyers

The properties that the clients are interested in are often easier to track and hunt, buying what piques the interest best. But the agents that…

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Understanding Condo Insurance: Types & Coverage Explained

Understanding Condo Insurance: Types & Coverage Explained

For those who have just bought a condo or are planning to rent one, condo insurance might be a challenging decision. Most of the costs…

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How Much Is A Condo Down Payment In Toronto?

How Much Is A Condo Down Payment In Toronto?

The Toronto housing market has seen a dramatic spike in the number of people buying condos. This is due to the attractive neighbourhoods of the…

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Warrantable Vs. Non-Warrantable Condos – How to Finance Them

Warrantable Vs. Non-Warrantable Condos – How to Finance Them

Purchasing a condo is not as easy as it sounds. There are a lot of factors that play a crucial role in deciding the value…

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Co Op Vs Condo: What’s the Difference and Which One Is Right for You?

Co Op Vs Condo: What’s the Difference and Which One Is Right for You?

This isn’t a world where you can buy a house with white fences all around and vast plantation and still be in the heart of…

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Condo Ownership Rights & Responsibilities in Ontario

Condo Ownership Rights & Responsibilities in Ontario

Being a condo owner, you automatically become a part of a bigger community. When you associate with some community, you also have certain responsibilities, rules,…

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Condo Vs Apartment: What’s The Difference?

Condo Vs Apartment: What’s The Difference?

When it comes to purchasing a home that isn’t a townhouse, you have a few options at your disposal. Typically, the two main options are…

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Condo Inspection Checklist: The 8 Things You Need to Check

Condo Inspection Checklist: The 8 Things You Need to Check

In the vibrant city of Toronto, condominiums make for an ideal place to live. They offer excellent amenities not to mention the best locations right…

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Condo Vs Townhouse: Which One Should You Pick?

Condo Vs Townhouse: Which One Should You Pick?

Thinking about buying some real estate here in Toronto? Two of the most popular options are condos and townhouses. Deciding whether you’d best suit a…

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Toronto Condo Boom: The Growth Continues & Here’s Why

Toronto Condo Boom: The Growth Continues & Here’s Why

As per the Canadian Mortgage and Housing Corp., condo buildings in Toronto are changing the trend at a very rapid pace. Despite many new rules…

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5 Causes Behind The Toronto Housing Crisis

5 Causes Behind The Toronto Housing Crisis

If you’re struggling to get on the housing market in here Toronto, you’re not alone. Even CBS presenter Shannon Martin has voiced her concerns during…

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Smart Home Technology and Systems: Why They’re Taking Over

Smart Home Technology and Systems: Why They’re Taking Over

What is a smart home? The real estate industry has seen tremendous growth in the past few years as smart house technology has found its…

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10 Things You Should Know About When Renovating A Condo

10 Things You Should Know About When Renovating A Condo

Whether it’s the kitchen, bedroom, gallery, or the whole shebang, one thing is certain – home renovation brings along a lot of challenges. But that…

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11 Top Tips For Nailing Your Condo Interior Design

11 Top Tips For Nailing Your Condo Interior Design

When it comes to buying a condo, a lot of thought goes into your initial purchase. First there are the key aspects such as budget…

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Do I Need To Pay Property Tax on a Condo?

Do I Need To Pay Property Tax on a Condo?

Finding tax a little taxing? Here at Precondo, we’ll break down everything you need to know about paying taxes on condos. After all, condo property…

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Tips for Maintaining a Condo Building – What You Need to Know

Tips for Maintaining a Condo Building – What You Need to Know

When it comes to property management, there’s a lot to consider. Condos are individual units that come with all sorts of unexpected challenges. Condominium owners…

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Condo vs House – Here Are the Pros and Cons

Condo vs House – Here Are the Pros and Cons

Toronto has always been a happening and busy city in Canada, situated along the most famous Lake Ontario. Being one of the best cities in…

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Is Condo Living Right For You? 10 Reasons Why We Think Yes

Is Condo Living Right For You? 10 Reasons Why We Think Yes

Today, we have potentially many dwellings to choose from and several different ways of living. If you’re reading this blog, you’ve probably come across condo…

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Montreal’s Real Estate “Boom” Compared to Toronto & Vancouver

Montreal’s Real Estate “Boom” Compared to Toronto & Vancouver

One of the most heated debates in the Canadian market is over the hot topic, i.e., ‘Real Estate.’ Coping with the demands of investors regarding…

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Money Laundering in Toronto’s Real Estate Market: Analysis & Facts

Money Laundering in Toronto’s Real Estate Market: Analysis & Facts

Over the past decade, numerous laws and forces in Toronto have been put to action to thwart the cash flow which fuels the organized crime…

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Price Surges For Toronto’s Real Estate Market This Holiday Season

Price Surges For Toronto’s Real Estate Market This Holiday Season

Canada looks jovially busy in preparing for Christmas, setting up the trees and lights. Only, the real estate market of Toronto seems to be lurking…

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Pre-Construction Condo Mortgages – 9 Facts to Learn About Financing

Pre-Construction Condo Mortgages – 9 Facts to Learn About Financing

How do I get a mortgage on a pre-construction condo? When do I start the process, who do I go to? These are all very…

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Toronto’s Condo Rent Prices are Rising: 4 Surprising Reasons Why

Toronto’s Condo Rent Prices are Rising: 4 Surprising Reasons Why

If you want to know about the current stature of renting in Toronto, then you are in for a ride. The cost of renting in…

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What’s Rent to Own & How Does It Work? A Guide to Renting vs Buying

What’s Rent to Own & How Does It Work? A Guide to Renting vs Buying

The rent and purchase of condominiums is a rapidly growing trend not just in Toronto but a lot of other urban areas of the world….

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5 Genius Space-Saving Furniture in Toronto: Make Your Condo Look Bigger

5 Genius Space-Saving Furniture in Toronto: Make Your Condo Look Bigger

Modern condominiums in Toronto set the benchmark for comfortable small living spaces everywhere. Condos are comfortable living spaces that are close to commercial areas, are…

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How Much Are the Condo Fees in Toronto? 4 Factors That Make It High

How Much Are the Condo Fees in Toronto? 4 Factors That Make It High

Toronto houses some of the best condos in the world. If you are on the lookout to live a condominium lifestyle in the city, then…

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25 Real Estate Agents Share Their Best Tips & Advice For First Time Home Buyers

25 Real Estate Agents Share Their Best Tips & Advice For First Time Home Buyers

First time home buyers face a lot of challenges. You may be tired of living with rent, or eager to move from your parents’ home…

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What Happened with Icona? Another Vaughan Condo Development Cancelled in 2018

What Happened with Icona? Another Vaughan Condo Development Cancelled in 2018

Icona Condos has officially been cancelled by the Gupta Group, the developers of the project. If you’re familiar with the pre-construction scene at all, you’ll…

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Canadian Architecture – 9 Most Famous and Notable Building Structures in Canada

Canadian Architecture – 9 Most Famous and Notable Building Structures in Canada

Canadian architecture has only gotten better over the years, and today it sets the standard for modern designs. While the Great White North is mostly…

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Chinese Real Estate Investors in Canada – Is Their Ownership Now Less than 4%?

Chinese Real Estate Investors in Canada – Is Their Ownership Now Less than 4%?

There has been a lot of speculation that the Chinese investment in Canadian real estate will decline due to the current conditions in the Canadian…

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11 Small Apartment Hacks – Creative DIY Storage Ideas To Declutter Your Room

11 Small Apartment Hacks – Creative DIY Storage Ideas To Declutter Your Room

These apartment hacks and small space decorating ideas will solve all your problems! If you think bigger is always better, it’s not! Tiny apartments are…

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The 10 Most Expensive Luxury Condos in Toronto

The 10 Most Expensive Luxury Condos in Toronto

Toronto, Ontario has so much to offer for real estate investors. Despite what recent headlines might say on the contrary, in reality, Toronto Canada’s high-end…

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Average Toronto Housing Prices from 1967 to 2020 – What’s Going to Happen Next?

Average Toronto Housing Prices from 1967 to 2020 – What’s Going to Happen Next?

It’s no secret the Toronto Housing market and real estate has boomed over the last decade and continues to do so. The question we’re so…

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The 9 Best Condos in Toronto

The 9 Best Condos in Toronto

Condos are not just a place to live. They are your own personal space to entertain, unwind and enjoy breathtaking views across Toronto. From exquisite…

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Toronto Housing Bubble About to Burst? A Look into the Condo Real Estate Market

Toronto Housing Bubble About to Burst? A Look into the Condo Real Estate Market

Toronto’s housing prices have rapidly appreciated into the “unaffordable” realm and a price adjustment is simply inevitable. It’s official; Toronto is in a real estate…

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Top 9 Pre-Construction Condo Developers in Toronto

Top 9 Pre-Construction Condo Developers in Toronto

When it comes to seeing a healthy ROI on pre-construction condos in Toronto, it starts with choosing the right people for the job. There are…

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Cosmos Condos: Cancelled?! Risks of Buying Pre-Construction

Cosmos Condos: Cancelled?! Risks of Buying Pre-Construction

Cosmos Condos, a multi-phase Pre-Construction development in Vaughan was cancelled by the developer, leaving 1100 purchasers without a condo – but at least they’ll get…

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7 Things You Need to Know Before Investing In Pre-Construction Condos

7 Things You Need to Know Before Investing In Pre-Construction Condos

Thinking about investing in pre-construction condos? The good news is that condos make for a sensible purchase decision whether to live in or purely for…

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