The facts are that most people in Toronto and Canada are going to REMAX.ca to look for listings. Sellers should be concerned with not only which agent to market their property with, but which company. More exposures means fast sale and possibly higher price.
Key West "Luxury by the Lake" in South Etobicoke will have amazing views of the entire city and Lake Ontario. Built by trusted Times Group Corporation this 36 Storey glass tower with spectacular green space surrounding it will be an awesome invest and a place to live.
Just minutes from downtown Toronto and offering prices cheaper than new condos in Markham and Richmond Hill this is a no brainer buy for investors.
This ONE DAY March 10th VIP pricing for Key West Prices start at $245K for a nice 535 Sq ft 1BR unit.
Large 940 Sq Ft 2BR unit is only $410K.
BEST OF ALL you pay only 10% down in the first year and we've negotiated an extended deposit structure plus 2% cash back on this one day event!
Deposit Structure: $5000 with offer. 5% - $5000 in 30 days. 5% in 90 Days. 2.5% in 370 days. 2.5% in 450 days and 5% when you get the keys at occupancy.
Pre-register NOW. Occupancy is expected in Aug 2015.
Parking special $20K on this day only. $25K afterwards.
Locker special $3K on this day only. $4K afterwards.
Contact Jas Jagpal, BROKER : jasjagpal@gmail.com 647.272.6629
Posted via email from Markham Homes for Sale : Markham Condos Real Estate : Investment Pre-Construction Condos
Prices start at only $255K
1BR - $255K
1BR+D - $295K
Small 2BR + 2WR - from $340
Regular 2BR + 2WR -from $380K
2BR+D - from $448K
VIP OPENING SPECIAL
1 Parking included in Price.
$3000 Discount on 1BR, 1BR+D.
$5000 Discount on 2Bedrooms
Limited Right of Assignment at No Charge.
Register Today for price list and work sheet. Deadline for Worksheet submissions July 17, 2011.
Contact Jas Jagpal: jasjagpal@gmail.com for your price list and floor plans.
GET A FREE SELLER CONSULTATION & CMA - Click Here
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Investing in a Condo is a great way to make money. Primarily it is a long term strategy... just like bonds & mutual funds. However it can also provide short term windfalls- especially those who have "money".
Strategy 1 - Buying Pre-Construction (2-4 years)
- here you are banking on property values to increase by the time you take ownership of your unit 2 to 4 years down the road. This has worked great for buyers in the past 10 years.
Pro - Buy it and Forget about it. Little personal involvement.
Con - Requires 15 to 25% deposit, plus mortgage pre-approval for rest of purchase price. Not everyone has this type of money.
Strategy 2- Buy Resale Condos
- here you buy a condo in a "rentable" neighborhood where there is demand. Like Scarborough Town Centre. You put minimum 5% down and mortgage the rest. You are banking on the RENTAL income to cover all your "expenses". i.e. Mortgage payment, Property Tax, Maintenance Fee
Pro- Require only 5% of your personal money
- Rental income covers all expenses and ideally provides a small positive cash flow.
- Your mortgage principal is paid down with each mortgage payment. Increasing your Equity stake.
- By holding the unit for 3 to 5 years - you benefit with increased property values at the time your condo is sold.
Con - By only putting 5% down, you need to carefully do the math and make sure RENTAL income can pay for the unit.
Strategy 3 - Buy Assignment Condo
- Near the time the condo is to be occupied, many people sell their condos as an assignment. What you are purchasing is the original buyers contract.
People sell their condos for many reasons... Sometimes they move to a different city. Sometimes they need their deposit money for other investments. Sometimes they don't want to close on the unit for tax purposes, and so on.
Pro - you make money at the point of "buying" the assignment. You know market value and you are buying under market value by up to 10%.
Con- you need on average of 30% of the original purchase price to buy an assignment. So on a $250K assignment you would need around $70K.
In the past couple of months I have sold a number of assignments. The sellers are happy that they made some profit and the buyers are happy they bought $20K or more under market value just for having contacted me and not fearing the assignment process... which is simpler than buying or selling a house! Believe me! So contact me if you are interested or have any questions about buying an assignment.
The best people suitable for an assignment are.
1. SENIORS - who have built equity in their homes. They sell their house and use that money to buy a condo.
2. PROFESSIONALS - High income and have good line of credits. They borrow the money, write off the interest, and make money by investing in a condo. They further rent them out for long term strategy or flip them for a quick profit.
3. Anyone with Money or access to it.
The old adage that "money makes money" is so true in real estate. If I had millions I could just buy and sell assignments all year long and make a pretty good living! :-)
Tridel's tallest 40 Storey Towers in Scarborough, featuring luxury amenities (including pool) at the corner of Kennedy & 401 is selling. I have featured RESALE and ASSIGNMENT units. Low Floors (8th) and High (39th)!
If you are "seriously" looking to buy for yourself, invest or sell your unit, then call me and let Team Jagpal help! We believe in a Win-Win and fair deal for Buyers, Sellers, and Team Jagpal.
GET A FREE SELLER CONSULTATION & CMA - Click Here
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Since people are posting MLS Listings. I thought I'd show a couple of them as proof so the smart and savvy Investors or REAL Buyers who want to buy for their personal use can get an EXCEPTIONAL DEAL! Move in June 2011!!
This is a luxury condo by Tridel at Yonge & 401, with POOL and full amenties.
Contact Jas Jagpal, RE/MAX Dynasty for details on this Assignment. 1BR + D, and you get 1 PARKING!!!!!
jasjagpal@rogers.com
A maximum of 2 draw tickets for every trade in real estate. (Referral ticket & Seller ticket ; Referral ticket & Buyer ticket). 1 draw ticket for every trade in real estate where there is no referrals. (Seller ticket or Buyer ticket). You have 1 in 4 chance of winning an ipad2. Draw tickets to be given to all Buyers, Sellers, Leasers, Assigners, Referrers that result in a trade of real estate starting March 21st, 2011 to Aug 31st, 2011. Draws will be held on Sept 4th, 2011. Winners will be notified by Newsletter, E-mail and by phone and agree to have their name published on Jas's print and web marketing material.
GET A FREE SELLER CONSULTATION & CMA - Click Here
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST • Assign • Lease in the GTA.
Join my FACEBOOK FAN PAGE - "REAL ESTATE NUGGETS".
Having worked with many Buyers in the Toronto Condo a Housing Real Estate market and I've noticed a patter of similar questions.
In no particular order here they are.
1. How much HST do I have to pay?
2. How much are the closing costs?
3. How much mortgage will I have to pay for this house?
4. How much does an home inspection cost?
5. How much will the Lawyer charge me?
Are you noticing a Pattern? Buyer's are "very focused" on costs!
6. What is a Buyer Representation Agreement? Why do I need to sign it?
7. Do I have to pay you commission?
8. Can you refer me a _____
9. Should I sell first or buy?
10. What do you think I can get this home for?
Buyers are very cost conscious but there are many more important questions they should be asking themselves and 10 common mistakes they should avoid. If you are interested to know and would like a FREE REPORT.
Email me: Subject: 10 Common mistakes A Buyer should avoid.
A maximum of 2 draw tickets for every trade in real estate. (Referral ticket & Seller ticket ; Referral ticket & Buyer ticket). 1 draw ticket for every trade in real estate where there is no referrals. (Seller ticket or Buyer ticket). You have 1 in 4 chance of winning an ipad2. Draw tickets to be given to all Buyers, Sellers, Leasers, Assigners, Referrers that result in a trade of real estate starting March 21st, 2011 to Aug 31st, 2011. Draws will be held on Sept 4th, 2011. Winners will be notified by Newsletter, E-mail and by phone and agree to have their name published on Jas's print and web marketing material. GET A FREE SELLER CONSULTATION & CMA - Click Here
Sign Up For Vip Savings with Jas. BUY • SELL • INVEST • Assign • Lease in the GTA.
Join my FACEBOOK FAN PAGE - "REAL ESTATE NUGGETS".
RE/MAX Dynasty Realty Inc. O: 905-471-0002 Cell: 647-272-6629
E: jasjagpal@rogers.com W: www.JasJagpal.com W: www.TheTorontoCondoRealEstate.com
© 2011 Jas Jagpal, Sales Representative, BSc. York University
