March 29, 2010
With the condo market in Toronto very close to crossing the $600/foot range and new developments selling higher there still remains some options out there for buyers though current market levels in the homes side of the market are pushing buyers towards the condo market. Let’s look today at a 300-square foot house being marketed and listed by Antonio Nardi of Remax 2000.
The Little House – http://www.thelittlehouse.ca/ – is a gem in our sprawling city which is growing upwards by the day. Listed at $179,000 (and negotiable with the help of a good Buyer Broker) you can have your little gem situated within walking distance to the growing and amazing St.Clair West Village in mid-town Toronto.
This brings the question which ultimately would be decided upon by the end buyer – condo or mini house? I sold a Bachelor Unit a few weeks ago in Liberty Village for $215,000 which was about 400 square feet with a tiny balcony. Taxes on this bachelor were the same as the “little house” and maintenance fees of $200 on the condo would be similar with this property. The difference would be land and parking for 2 cars and a patio/backyard great for entertaining.
Understanding the needs of each buyer is something a Buyer Broker can bring and offer to add tremendous value to the real estate transaction. Whether its buying your own “little house” , your condo which is just a drawing on paper or your 5,000 square foot mansion in Rosedale, find someone who can show you what is out there, understand what you need and then negotiate you the best price when dealing with the property’s listing salesperson/broker.
This great city and surrounding area offers so many options for all buyers from lofts to work/live spaces to penthouse condos to private gated homes. Seeing all these great places and showings them to buyers is why i love my line of work and love my ever changing city.
HiveRealty is a real-estate brokerage in Ontario, specializing in preconstruction and re-sales throughout the GTA offering buyers/sellers reasonable fees, commission rebates at the same cost of working with a Full Service Real Estate brokerage.
Feel free to contact Cary to speak about your real estate needs please email him at firstname.lastname@example.org