Tag: real-estate
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Comparison of Options by ChatGPT
Comparison of Options 1, 2, and 3 Option 1: Individual Purchase Within a Pre-Construction Condo Project Summary:Members purchase units individually within an existing pre-construction development. Strengths: Limitations: Best For: Members seeking speed and simplicity, with some cost savings. Option 2: Collective Purchase of an Entire Pre-Construction Project Summary:The group purchases the entire pre-construction project from…
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Project Launch-Timing Matters:
Here’s why the current market conditions in Toronto present a unique opportunity for condo investors, based on the latest data and trends: 1. Lower Entry Prices and Negotiating Power: Condo prices have declined significantly, with the average Toronto condo price at $710,724 (as of April 2025), down 2.2% year-over-year. TD Economics forecasts a total drop…
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How can we expedite the launch of this program?
People often ask ‘when this project is likely to be launched? And the answer is ‘whenever we have enough numbers.’ The sooner we have enough numbers the better it will be in everyone’s favour by taking advantage of current condo market meltdown. We are currently reviewing projects according to our selection criteria before we can…
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Impact of US Tarrifs on Real Estate market
1. It is anticipated that Buyers/Investors will likely hold back, further dampening the demand, which will inevitably result in downward pressure on prices. 2. Condo prices will have further downward pressure due to oversupply in the market. It is anticipated that more than 40,000 new condos will hit the market this year in 2025, resulting…
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Community or Housing, what comes first?
The question of whether ‘community’ or ‘housing’ comes first depends on the context and goals of the project. However, for a project like the ‘Muslim Seniors Home, ‘community’ often comes first, as it lays the foundation for the housing initiative. Here’s why: — Why Community Comes First? 1. Identifying Needs: We are currently engaging with…
