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Real estate in Toronto: Four Answers by Julie Kinnear





Real estate in Toronto: Four Answers by
Article Posted: 09/06/2010
Article Views: 118
Articles Written: 28
Word Count: 553
Article Votes: 0
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Real estate in Toronto: Four Answers


 
Home Improvement,Home Repair,Real Estate
houses for sale Toronto but I believe it all depends on your investment objectives and methods. For example, a house might supply the room to live in while renting out, while a well-located apartment pays for itself (given average Toronto rental prices) while appreciating more slowly. We will examine your own unique situation to help you decide!

The units in the condominium building seem the same, so why is there a price difference?

By installing an upgraded kitchen or bathroom, being provided with a parking space, how the apartment is finished all add to and are reflected in the price. Another thing to remember is the higher up in the building the apartment is, the bigger the price ticket, we all know penthouse suites are the most expensive in any apartment building. Lastly the price being asked is not necessarily the price that you will pay, it could be greater or less than the asking price.">I'm thinking about doing some home adaptations, do I need a building permit?

The City of Toronto may need to give you formal authorization, a building permit, before you can start work on your home, which includes construction, demolition, additions or renovations. The Ontario Building Code, local Zoning By-laws and many other rules must be checked by Toronto Building staff before a permit can be given. There are lots of instances when you could need one, here are some of them: You may want to structurally change your home or even knock some of it down or add to it, along with doors and windows, modifying the heating, plumbing and air-conditioning or even add a new bathroom, therefore you need to check to find out if you need this permit.

Why is my insurance firm asking so many questions about the house I bought, can my realtor tell me the reasons?

If your property has been altered in any way, the amount of land the property sits on, when the property was built are some of the questions asked. We will contact the listing agent for your new property to get as many answers as we can from the sellers, who will know the most about the property. Exact records are not always at hand but an insurance company will sometimes accept the approximate price and date these changes occurred.

Which is the better investment, a house or a condo?

We specialize on houses for sale Toronto but I believe it all depends on your investment objectives and methods. For example, a house might supply the room to live in while renting out, while a well-located apartment pays for itself (given average Toronto rental prices) while appreciating more slowly. We will examine your own unique situation to help you decide!

The units in the condominium building seem the same, so why is there a price difference?

By installing an upgraded kitchen or bathroom, being provided with a parking space, how the apartment is finished all add to and are reflected in the price. Another thing to remember is the higher up in the building the apartment is, the bigger the price ticket, we all know penthouse suites are the most expensive in any apartment building. Lastly the price being asked is not necessarily the price that you will pay, it could be greater or less than the asking price.

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