Condo Buyers Should Always Review Status Certificates Today's Globe and Mail features a $75,000 court judgment against a Toronto condo corporation in the case of Gonzales v. York Condominium Corporation No. 242. The case highlights a serious issue: the importance of reviewing condo status certificates carefully before making a purchase. Justice Robert Centa called the condo corporation's actions a “shocking abuse of trust and power,” pointing out the risks... [read more]

All across Canada, condominiums are being constructed on every corner, particularly in major urban centres. In fact, it was recently reported that the Toronto real estate  market had the greatest number of cranes in the air, topping that of New York City and Tokyo. Impressive. During this phase, many people purchase pre-construction condo units. By doing this, buyers may receive discounts and perks. Of course, along with the pros there come some cons. So, here is a question that... [read more]

Blog.Remax.ca wraps up the Toronto condo market for 2023... Has the weight of higher interest rates impacted the Toronto condo market? Anyone who has taken a stroll in the city will observe cranes at nearly every major intersection, whether in midtown or near the lake. While construction activity looks healthy, demand has been less active, and price growth has not been stellar compared to the wider Toronto real estate market. So, what is happening as of late in the major urban... [read more]