If You Are Looking for a Condo in the Greater Toronto Area (GTA)
I believe that there are two main reasons that folks buy condos. The first is quite simply affordability. It is a way to get into the market and start building equity so that later on (3 - 5 years) you can move up into a freehold home. Condos, especially in central Toronto and North York, are typically the entry levelhomes.
The other reason is lifestyle choice. You want convenience. Having everything around you, not having to be concerned if you want to go away for a few days. Have an exercise facility, meeting room, guest suite, swimming pool, movie theater etc all in the same place. Have other people repair, maintain, do the gardening and remove the snow, so that you do not have to.
So if you are looking for a condo here is a comprehensive list of questions you should try to answer. And if you feel it is daunting, I am ready to assist.
How many bedrooms?
How many bathrooms?
What is your preference for location?
Uptown, midtown, downtown?
Walking distance to the subway?
Close proximity to the highways?
Close to parks shops amenities?
Prefer New Building or older?
5- 10 Years?
Which exposure do you prefer?
South, North, West or East?
Do you like to watch sunrises or sunsets?
Do you like to have windows open?
Are you sensitive to noise?
What is the your floor level preference?
Low Floor, less than 6
Middle floor 6 - 14
High Floor 14 and higher
Could you live on a Main Floor?
What layout do you prefer?
Split plan, i.e. bedrooms on different sides of the unit?
Do you want a Balcony or Terrace?
Closed or enclosed?
How important is a BBQ?
How many parking spots and or Locker?
Locker ensuite or exterior?
What level of Security?
24 Hour Concierge?
24 hour Security Guard?
How important are amenities?
Are you willing to renovate?
Prefer move in, Turnkey (not having to do anything)?
and finally of course your Preferred Price Range
$200,000 - $250,000
$250,000 - $300,000
$350,000 - $400,000
$400,000 - $450,000
$450,000 - $500,000
$500,000 - $550,000
$550,000 - $600,000
$600,000 - $650,000
$650,000 - $700,000
$700,000 - $750,000
$750,000 - $800,000
$800,000 - $850,000
$850,000 - $900,000
... and most importantly your tolerance for monthly carrying costs?
Monthly carrying costs require an in depth review because they vary from building to building. These should also be taken into consideration when deciding your optimal price range.
If you want to have a no obligation, personal "help me find a condo" conversation with me, follow this.
Yes of course, I can also help if you are looking for a freehold town house, semi-detached, detached, link, executive, luxury and investment property. Just go to www.Hellozan.com and let's start talking.