As a lifelong resident of the city, home has always been in midtown Toronto. In creating TorontoLivings, I wanted a place to share my experiences in the city, to educate our clients on the ever-changing market, and show people a side of the City that most don’t see every day.
If you’re a homeowner in Toronto considering your next move, one of the most common—and stressful—questions you’ll face is: should I sell before I buy? It’s not just a logistical question, but a financial and emotional one. Do you lock in your next dream home first, or secure top dollar for your current property before making your move?
When you sell first, you’re not guessing what your home might fetch—you know. That clarity shapes everything from your down payment to your total budget.
Take one of our recent clients: they were casually eyeing move-up homes in the west end but hadn’t nailed down what they could afford. After selling their place above asking, they suddenly had more buying power—and the confidence to land a bigger home that checked every box.
2. More Leverage as a Buyer
A firm sale in your back pocket gives you leverage. You can make clean offers without a “sale of property” condition—something sellers love to see. In hot or even balanced markets, this makes your offer stand out and increases your negotiating power.
Translation? You could save money on the purchase side just by being ready to move.
3. Avoid Carrying Two Properties
Buying first means you might own two homes at once. That comes with double mortgage payments, double utilities, double everything.
Some turn to bridge financing, which lets you “bridge” the gap between buying and selling—but it’s not always ideal. Rates can be steep, and you’ll need a firm sale agreement to qualify.
Selling first means you avoid that stress entirely.
But What About Finding Your Next Place?
This is the biggest fear, right? Selling your home and not finding something you love in time. Totally fair—but manageable.
There are ways to bridge the gap without panic:
Flexible closings: Negotiate a long closing window on your sale. Many buyers are happy to accommodate if it means landing a great home.
Short-term rentals: Toronto has more tons of furnished and month-to-month rental options — we can help you rent something temporary that fits your timeline.
Lease-back arrangements: In some cases, you can rent your home back from the buyer after closing. It buys you time and saves the hassle of a full move-out.
Family and friend networks: Some sellers choose to bunk with family or trusted friends short-term—cozy? Maybe. Cost-effective and flexible? Absolutely.
Plus, when you’ve already sold, you can shop for your next place with less pressure. You’re not competing against your own ticking clock. That freedom often leads to better decision-making—and better purchases.
In our experience, with a smart plan and a bit of patience, finding the right place after selling is totally doable—and often, even preferable!
Why Buying First is Riskier Than It Sounds
On paper, it might feel safer to lock in your next home first. You get to secure your dream space and transition smoothly—at least in theory. But in practice, this approach often backfires, especially in unpredictable markets.
Here’s what can go wrong:
You could overpay due to urgency: When you’re racing the clock to buy before selling, your decisions are often emotionally charged. You’re less likely to negotiate assertively or wait for the right fit.
You might have to accept a lower offer on your own home: To avoid juggling two properties, many buyers-turned-sellers will settle for a less-than-ideal price just to wrap things up quickly.
You may need bridge financing—or worse, carry two mortgages: Bridge loans come with added costs and qualification requirements. And if your home takes longer to sell, you could end up on the hook for two sets of housing expenses, which puts serious strain on your finances.
Market shifts can catch you off guard: If the market cools after you buy but before you sell, you could be left with less equity than you expected—or worse, stuck with a home that lingers on the market.
At the end of the day, buying first trades certainty for comfort. But that comfort is short-lived if the numbers—or the timing—don’t work in your favour.
What We Tell Our Sellers
Selling first puts you in the driver’s seat. You know your numbers, your timing, and your game plan. From there, it’s easier to pivot, shop smart, and act quickly when the right listing hits the market.
Yes, bridge loans exist—but we don’t recommend relying on them as a strategy. Think of them more as a parachute, not a flight plan.
Our approach: prep your home well, list with confidence, sell strong—then buy smart. That’s how you lead with strength.
Final Thoughts – Lead with Strength
Buying and selling at the same time is tricky. But by selling first, you control the pace—and your financial footing. You’re not scrambling. You’re not stretching. You’re stepping into your next home with clarity and confidence.
Thinking of selling first? Let’s talk strategy, timelines, and what your home could be worth. Reach out to us here— or send us a comment below.
Buying property in Toronto isn’t exactly like strolling through a Sunday open house and tossing in an offer. Between rapid market shifts, bidding wars, complicated legal documents, and emotional highs and lows, the process can feel more like a strategic chess match than a simple shopping trip.
So it’s natural to wonder: do I really need a real estate agent to buy in Toronto?
Let’s break down what’s required, what’s optional, and how professional guidance can be the difference between buyer’s remorse and securing your ideal home—with less stress, more clarity, and a smarter investment.
Liberty Village in the distant
The Role of a Real Estate Agent in Toronto
In Toronto, real estate agents do more than open doors and draft paperwork. A great agent is your strategist, market translator, and skilled negotiator. They act as your advocate from the moment you start your search to the moment you receive the keys.
Here’s what that can look like:
Decoding neighbourhood trends, property values, and pricing strategies
Tapping into off-market or soon-to-launch listings that aren’t yet public
Coordinating inspections, financing, and closing timelines for a seamless experience
It’s this blend of insight and hands-on support that helps buyers avoid costly missteps—and often land better deals, faster and with fewer surprises.
Do You Legally Need an Agent to Buy Property?
Short answer: no, it’s not legally required.
You can absolutely buy a home without a real estate agent—whether it’s through a private deal, directly with a builder, or via the listing agent representing the seller. But without your own representation, you’re essentially flying solo in a high-stakes, high-priced environment.
Imagine walking into a courtroom without a lawyer. It’s possible, but would you really want to? Especially when the other party has someone negotiating and protecting their interests.
In real estate, the listing agent is obligated to act in the seller’s best interest. That means they’re not working for you—and they’re not required to point out things that may work against the seller’s position.
Having your own agent levels the playing field.
Benefits of Working with a Real Estate Agent
Here’s where the perks really start stacking up:
1. Access to More Listings
Real estate agents often have early access to listings through industry networks, email alerts, and brokerages that share exclusive pre-market opportunities. In a city like Toronto, where some homes sell within 24 hours, this kind of head start can be the difference between getting the property—or missing out entirely.
2. Expert Negotiation
Your agent brings both experience and data to the table. They understand market conditions, comparable sales, and buyer psychology. They know when to go in strong, when to hold back, and how to structure offers that stand out without having you overpay or waive protections you’ll regret.
3. Process Management
From pre-approval to final closing, there are dozens of moving parts. Offers, amendments, deposits, conditions, appraisals—it adds up fast. A good agent keeps everything (and everyone) on track and ensures no detail slips through the cracks.
4. Emotional Buffering
Buying property—especially your first or forever home—is emotional. And emotions can cloud judgment. Your agent provides an objective lens, helping keep decisions grounded in logic, value, and long-term benefit.
5. Professional Network
A top-tier agent comes with a vetted team of professionals: mortgage brokers, real estate lawyers, home inspectors, movers, contractors, and more. They know who’s reputable—and who to avoid.
Understanding the Buyer Representation Agreement (BRA)
If you decide to work with a buyer’s agent in Ontario, you’ll likely be asked to sign a Buyer Representation Agreement (BRA). This document formalizes your working relationship, outlining responsibilities, boundaries, and expectations.
Key elements include:
The length of the agreement (often 90–180 days)
The area it covers (e.g., Toronto, the GTA, or specific neighbourhoods)
The commission terms (typically paid by the seller)
Signing the BRA means the agent has a legal fiduciary duty to you. That includes full disclosure, loyalty, confidentiality, and promoting your best interests above all else.
Tip: You can always negotiate or customize the BRA. Ask questions. Understand the clauses. A transparent agent will be happy to explain it all.
WaterWorks Condo
Who Pays the Agent’s Commission?
One of the biggest misconceptions buyers have is around commission.
In most resale property purchases in Toronto, the seller covers the commission for both their listing agent and the buyer’s agent. That means buyers can benefit from professional representation without paying out of pocket.
Exceptions do exist:
FSBO (For-Sale-By-Owner) deals where no buyer commission is offered
Discounted commission offers where a top-up may be required to meet your agent’s standard rate
In these scenarios, your agent will always explain the situation upfront and let you decide how to proceed.
Case Studies: Success Stories with Toronto Livings
We’ve helped hundreds of clients buy better and sell higher by combining strategy, market timing, and local expertise. Here are just two:
Client A: Bought Below Market Value in Midtown
This Toronto Condo Buyer was relocating from Vancouver and had no idea how fast-paced Toronto’s market had become. We helped them secure financing, understand the cities different areas, and define their needs. Through our network, we found a King West condo the day it hit the market and were able to secure it under the list price!
Client B: Sold High, Bought Smart
A longtime client needed to sell before buying. We arranged staging, drone photography, and a digital marketing push that resulted in multiple offers. Their midtown hard loft sold over asking. From there, they pivoted into a a detached house and are now in the process of growing out the family!
Smart moves don’t happen by accident—they’re the result of experience, timing, and a plan.
FAQs: Common Questions About Using a Real Estate Agent
What if I’m not happy with my agent?
You can always request to be released from your BRA. Most agents will agree, especially if it’s not a good fit. Open communication goes a long way. Don’t settle—work with someone who aligns with your goals and values. If you’re early in the process, consider starting with a shorter agreement or requesting a trial period to ensure compatibility.
Proven results in the neighbourhoods you’re interested in
Someone who listens, not just sells
Want to see how we work? Check our testimonials or book a no-pressure consult.
Can an agent help with pre-construction?
Absolutely. In fact, agents often get early access to builder launches, VIP pricing, and incentives not available to the public. Plus, we can help you assess developer track records and negotiate assignment clauses or caps on closing costs. Pre-construction can be lucrative, but it also comes with unique risks—having expert eyes on contracts can save you from surprise fees or delays.
What’s the difference between a buyer agent and a listing agent?
A buyer’s agent represents you, the purchaser. Their job is to advocate for your best interests—helping you find the right property, analyze pricing, and negotiate terms. A listing agent, on the other hand, represents the seller, and their goal is to get top dollar and favourable conditions for their client. Working directly with the listing agent can create a conflict of interest.
Is it worth having an agent if I’ve already found a property?
Yes. Even if you’ve spotted a home on Realtor.ca or walked by a “For Sale” sign, your agent can provide critical support in pricing analysis, offer structuring, due diligence, and negotiation. Plus, they can liaise with the seller’s agent to protect your interests throughout the deal.
Can I switch agents if I find someone better?
Yes, but be mindful of any active contracts. If you’ve signed a BRA, you’ll need to ask your current agent or brokerage to release you formally. Always have an open discussion first—good agents understand the importance of fit and won’t force a client to stay unhappy.
How early should I contact an agent before buying?
As early as possible. Even if you’re just “thinking about it,” an agent can help you set expectations, build a budget, get pre-approved, and narrow your neighbourhood focus. The earlier you engage, the more strategic your plan can be.
Do agents only work with first-time buyers?
Not at all. While many agents love guiding first-time buyers, experienced buyers, investors, and downsizers benefit just as much from strong representation. Every transaction is different—and so is every client’s goal.
Can an agent help me buy outside of Toronto?
Most Toronto-based agents work across the GTA and even into surrounding regions like Durham, Halton, and York. If they don’t serve an area personally, they can refer you to a trusted colleague who does.
Will I lose out on deals if I don’t act fast?
In hot markets, speed matters—but so does preparation. A good agent ensures you’re offer-ready with financing, legal review, and comparable data in hand. That way, when the right property pops up, you’re positioned to move quickly and confidently.
Can I negotiate an agent’s commission?
Sometimes, yes—especially in higher-end transactions or where multiple deals are involved. Just remember: a good agent more than earns their keep. It’s not just about hours worked—it’s about outcomes delivered.
What if I’m not happy with my agent?
You can always request to be released from your BRA. Most agents will agree, especially if it’s not a good fit. Open communication goes a long way. Don’t settle—work with someone who aligns with your goals and values.
Want to see how we work? Check our testimonials or book a no-pressure consult.
Joey and Mark
Conclusion: Making an Informed Decision
So, do you need an agent to buy property in Toronto? Legally, no. Strategically, it might be your best move.
A skilled agent brings you data, context, connections, and confidence. They unlock opportunities, protect your interests, and make the whole process more efficient and less stressful.
Whether you’re buying your first condo or upgrading to a family home, it pays to have a professional in your corner.
Want to explore your options? Let’s chat and see how we can help you buy smarter, faster, and with peace of mind.
Whether you’re just starting to think about selling or you’re already prepping your home for showings, one big question always comes up: what’s it worth? In a city like Toronto—where prices shift block by block and demand can turn on a dime—accurate property valuation is more art than science.
But don’t worry: it’s not a guessing game either. Good realtors rely on a blend of data, experience, and market instincts to help sellers set smart, strategic listing prices. The process includes a nuanced understanding of current market conditions, buyer psychology, and how a property’s features interact with emerging trends. Here’s how it all comes together.
Cedarvale Home
The Role of Comparative Market Analysis (CMA)
Understanding CMA
The first tool in every Toronto realtor’s kit is the Comparative Market Analysis—or CMA. Think of it like real estate matchmaking: we compare your home to others that recently sold, are currently listed, or were pulled off the market without selling. This is the foundation of a data-backed pricing strategy.
A good CMA looks at:
Recent sold prices (especially within the last 30–90 days)
Current competition in your area
Homes that didn’t sell (aka “expired” or “cancelled” listings)
Seasonal patterns in buying behaviour
This gives a baseline of what buyers are currently paying—and what they’re not. A CMA also helps reveal market velocity—how fast homes are selling—and whether buyers are offering at, above, or below asking price.
Factors Considered in CMA
Not all comparables are created equal. We adjust for:
Unique characteristics (e.g. laneway access, heritage status, energy efficiency features)
Toronto Home Under Construction
Market timing matters too. A home that sold last fall might not reflect this spring’s realities. That’s where experience comes in—knowing which data points still hold weight and which trends are simply passing.
Professional Appraisals: Going Beyond CMA
When and Why Appraisals Are Used
Sometimes, we’ll recommend a formal appraisal. This might happen if:
The home is especially unique or hard to comp
You’re dealing with a divorce, estate sale, or tax scenario
A lender or legal professional requests it
The seller needs third-party validation for pricing decisions
Unlike a CMA, appraisals are done by certified professionals who follow strict industry standards. They are often required during refinancing or when buyers are securing high-ratio mortgages.
Appraisal Methods
Appraisers typically use three approaches:
Direct Comparison Approach – This is the most commonly used method for residential properties and closely mirrors what we do with a CMA. It involves analyzing recent sales of similar properties in the area—often within the past 3–6 months—and adjusting for differences in features, size, age, and condition. If your home has a finished basement or a larger backyard, those features are factored in compared to the sold comparables. This method works best in stable, active markets where many relevant comps are available.
Cost Approach – This method calculates what it would cost to build the property today (using current labour and materials), then subtracts depreciation based on the home’s age and condition. It also adds in the value of the land. This approach is often used for newer or unique properties, and it’s especially useful when there are few comparables available. For instance, if you’re selling a custom-built home in a less active area, the cost approach can provide a clearer sense of its value.
Income Approach – Primarily used for investment or rental properties, this method estimates a property’s value based on the income it can generate. Appraisers look at rental rates, occupancy levels, and operating expenses to calculate the net income, which is then capitalized to estimate market value. It’s a standard tool for valuing duplexes, triplexes, and multi-unit buildings, where the income stream is as important as the physical asset itself.
Key Factors Influencing Property Value
Location and Neighborhood
Yes, location still reigns supreme. In Toronto, that means school zones, walkability, access to transit, and future development plans can all bump up perceived value. Proximity to downtown, waterfronts, green space, or commercial corridors like Queen West or The Danforth also plays a big role.
Neighborhood vibes matter too—what kind of lifestyle does the area support? Artsy, family-friendly, nightlife-centric? These subtleties influence who your buyer is and what they’re willing to pay.
Property Features and Upgrades
Buyers love move-in ready. Modern kitchens, updated bathrooms, and well-finished basements can significantly boost price. But not all renos are equal—sometimes a coat of paint returns more than a full gut job. Finishes matter, but so do smart layouts and natural light.
Other value-adds include:
Smart home technology
Legal rental suites
Energy-efficient systems (windows, furnaces, insulation)
Curb appeal enhancements like landscaping or exterior facelifts
Market Conditions
Interest rates, inventory levels, buyer sentiment—these all impact what a home is worth today. A hot market may support aggressive pricing, while a cooler one demands more precision.
We also monitor metrics like the MLS Home Price Index, which offers a more nuanced picture of how home values shift over time. It accounts for compositional changes, which average price alone can’t capture.
Tools and Resources Realtors Use
MLS Home Price Index (HPI)
Provided by TRREB, this index goes beyond averages and medians to show value trends adjusted for home type and area. It’s one of the best ways to spot pricing patterns and buyer preferences. When used alongside sales data, it reveals both micro and macro market movements.
Automated Valuation Models (AVMs)
Sites like HouseSigma or Zoocasa use AVMs to estimate value based on algorithmic data. They’re helpful for ballparking, but rarely capture the nuance of staging, renovations, or neighborhood character.
AVMs are best viewed as starting points—not final say. They may suggest a price range, but interpreting why a number shows up is where a seasoned agent adds real value.
Realtor Networks and Off-Market Intel
Realtors also exchange notes about buyer activity, recent offer scenarios, and emerging patterns that don’t show up in the data yet. This human layer of insight adds tremendous clarity when pricing a home.
Real-Life Example: When Numbers Weren’t Enough
We recently helped a seller in Hillcrest Village list a semi with a dated kitchen but an unusually deep lot. AVMs put its value at ~$1.225M, but our CMA—paired with insight into buyer demand for laneway potential—led us to list the home at $1.380M.
After a targeted marketing push, including staging, property tour, and promoting the lot depth for potential garden suite use, we found the right buyer and closed at $1.355M. Knowing what the algorithms missed made all the difference.
This example also underscores the power of marketing strategy. We didn’t just price it—we positioned it for the right buyer. And that positioning turned into profit.
Staged Home
FAQ
What’s the difference between a CMA and an appraisal? A CMA (Comparative Market Analysis) is performed by a realtor and is used to guide listing price decisions based on similar home sales. An appraisal is conducted by a certified appraiser, often for mortgage or legal purposes, and must meet specific regulatory standards.
How long is a CMA valid for? Because market conditions can shift quickly—especially in Toronto—a CMA is typically valid for 30 to 90 days. Realtors often update them ahead of listing to reflect the most recent activity.
Do I need to renovate before getting a valuation? Not necessarily. A good realtor can help you determine which upgrades (if any) will improve value. Sometimes simple changes like painting or staging deliver better ROI than big renovations.
Can I rely on automated tools like HouseSigma or Zoocasa? AVMs are helpful for general ranges but lack the context a human expert provides. They often miss nuances like staging, finishes, layout quirks, or neighbourhood character.
When should I get a formal appraisal? Formal appraisals are common in estate settlements, divorces, refinancing, or when a buyer’s lender requires a third-party valuation.
Conclusion
Determining your home’s value isn’t about picking a number—it’s about crafting a strategy. With the right blend of data, experience, and timing, we help sellers not just price, but position their homes for the best possible result.
Every property is unique. Every market moment is different. That’s why accurate valuation isn’t a one-size-fits-all formula—it’s a conversation.
Curious what your property might be worth in today’s market? Send us a message below, we’d be happy to get the conversation started!
Toronto’s summer scene hits different when you’ve got a pool with a skyline view. As vertical living becomes the norm in downtown life, rooftop pools have become more than just a luxury—they’re a lifestyle statement. Whether it’s morning laps above the city or sunset cocktails by the water, these elevated oases offer a resort vibe without ever leaving home.
And in a city where outdoor space is always at a premium, rooftop pools are a clever way to blend function, relaxation, and a serious wow-factor.
Top Toronto Condos with Rooftop Pools
1 Hotel Residences (550 Wellington)
Rooftop Pool at the 1 Hotel and Residences
Once known as the Thompson Residences, this King West icon has been reimagined as the eco-luxurious 1 Hotel Toronto. The rooftop pool here is as stylish as it gets—lush greenery, wood tones, and panoramic views give it a summer-in-Tulum feel (without the flight). It’s a hotspot for locals and visitors alike, offering residents a rare mix of tranquility and social buzz.
Why we love it: A hotel-calibre rooftop with a green ethos and that signature King West energy.
300 Front Street
Rooftop pool at 300 Front St
This Tridel-built tower delivers serious resort vibes in the heart of the Entertainment District. Its rooftop deck includes a stunning pool surrounded by cabanas, loungers, and a hot tub—all framed by the city skyline. It’s private, resident-only, and perfect for entertaining guests without ever leaving home.
Why we love it: A true rooftop sanctuary that feels more like a five-star resort than a condo.
Bisha Hotel & Residences
Rooftop pool at Bisha Hotel & Residences
If boutique luxury is your thing, Bisha nails it. The rooftop infinity pool here faces west—ideal for soaking in a Toronto sunset. Shared with hotel guests but known for its calm, curated atmosphere, this pool feels exclusive without being inaccessible.
Why we love it: Private and polished, with a side of golden-hour perfection.
Pier 27
Rooftop pool at Pier 27
Located right on the waterfront, Pier 27 offers one of the most unique rooftop experiences in the city. Its elevated infinity pool overlooks Lake Ontario, creating a blend of urban and natural views you won’t find elsewhere. It’s a full-on escape without ever leaving Queens Quay.
Why we love it: A true “pool with a view” that feels like you’re floating above the lake.
Fashion House (560 King West)
Rooftop pool at Fashion House
Minimalist and modern, Fashion House has a rooftop infinity pool that’s pure eye candy. It faces east, which means your morning swims come with a sunrise over the skyline. The sleek design, limited crowds, and King West location make it a favourite among design-forward residents.
Why we love it: It’s the rooftop for architecture lovers and pool purists.
Trilogy on King (1100 King Street West)
Rooftop pool at Trilogy on King
A hidden gem in Liberty Village, Trilogy on King is a rental community that punches well above its weight. Its rooftop terrace features an infinity pool, stylish lounge seating, and unobstructed city views. Add in coworking spaces, fitness centres, and an arcade, and you’ve got a lifestyle hub wrapped in one.
Why we love it: Condo-level amenities in a rental package—perfect for flexible urban living.
Not a condo, but worth a mention. Lavelle is a rooftop restaurant and lounge perched 16 storeys above King Street. With three pools, private cabanas, and a buzzing scene day or night, it’s the go-to spot for a social swim with city views.
Why we love it: You don’t need to live there to dive in—just bring your vibe (and maybe a reservation).
Rooftop Pool Roundup: Which Condo Is Right for You?
Looking for a rooftop pool that matches your lifestyle? Here’s the quick hit:
For nightlife and social energy: 1 Hotel, Lavelle
For tranquility and privacy: Bisha, Fashion House
For epic views: Pier 27, Trilogy on King
For a resort-like escape: 300 Front Street
Whether you’re buying, renting, or just daydreaming, there’s a rooftop oasis with your name on it.
Ready to Find Your Dream Condo with a Rooftop Pool?
From first showings to final walkthroughs, we know these buildings inside and out. If a rooftop pool is high on your wish list, we’ll help you find a home that’s just as cool as its amenities.
Leave us a message below and let’s take this search to the top (literally).
Toronto’s condo market is a major hub for investors. Whether it’s someone cashing out after a hot run-up in value or a homeowner relocating, selling a condo that’s currently rented out is more common than you might think. With so many units being used as income properties, it’s not unusual to find listings with tenants still living in them.
We often advise clients to sell without a tenancy in place when possible. A vacant unit is easier to stage, show, and market to a wider range of buyers. That said, selling with a tenant can be done — it just requires extra planning, legal steps, and some cooperation.
Can You Sell a Condo That Has a Tenant?
Short answer? Yes. Under Ontario’s Residential Tenancies Act (RTA), a landlord is allowed to sell a property even if there’s a renter living in it. However, the lease doesn’t automatically end with the sale—it travels with the property unless specific legal steps are taken.
That means if you sell your condo, the buyer will typically inherit your tenant and must respect all lease terms unless:
The buyer plans to move in and uses a Form N12 to legally end the lease
Ontario’s Rules for Selling with a Tenant
Fixed-Term vs. Month-to-Month Leases
If the tenant is in the middle of a fixed-term lease (say, a one-year agreement that ends in November), the buyer must honour that term. After the term ends, the lease becomes month-to-month, and you or the buyer may have more flexibility to issue notice.
N12: Buyer Wants to Move In
This form allows a landlord to end the lease only if the purchaser (or their close family member) plans to live in the unit. Here are the conditions:
60 days’ notice from the start of the next rent cycle
Buyer must pay the tenant one month’s rent or offer comparable housing
The buyer must genuinely intend to move in—false use of N12 can lead to hefty fines Read Form N12
N11: Mutual Agreement to End Tenancy
This is a voluntary agreement between landlord and tenant to end the lease early. It’s often used when the seller wants to market the unit vacant and agrees to offer an incentive. Read Form N11
Moving boxes in a very messy room
Three Ways to Sell a Tenant-Occupied Condo
1. Sell with the Tenant in Place
This option involves transferring the lease and deposit to the buyer. It appeals to investor buyers looking for turnkey income. Downsides? It may limit your buyer pool and restrict showing availability.
2. Negotiate a Vacant Possession with N11
Many sellers offer “cash-for-keys” to tenants in exchange for a signed N11. This allows you to list the unit vacant, stage it beautifully, and attract a broader pool of buyers (especially end-users).
3. Include N12 Condition in the Offer to Buyer
In this case, the unit is sold with the tenant, but the buyer intends to move in. The N12 is served after the sale, and the buyer assumes the legal and logistical responsibility of giving notice and handling any disputes.
What This Means for Pricing, Showings, and Strategy
Pricing Impact
Units sold with tenants often fetch less than their vacant counterparts. This is due to staging limitations, buyer uncertainty, and timing constraints. If the tenant has below-market rent, that can either help (investor value) or hurt (owner-occupant expectations).
Showing Challenges
Under Ontario law, you must give the tenant 24 hours’ written notice and conduct showings only between 8 a.m. and 8 p.m. Uncooperative tenants or messy units can make for a tough sale.
When Cash-for-Keys Makes Sense
If maximizing price is your priority, offering 1–3 months of rent as an incentive to vacate can make all the difference. It speeds up the process, removes resistance, and gives you full control of how the unit shows.
Real Stories from the Field
We’ve worked with several sellers in this exact situation. One client offered two months’ rent to their tenant, who gladly accepted and moved out early. The now-vacant unit was staged, professionally photographed, and sold over asking in under a week.
In another case, the tenant remained in place. The buyer was an investor happy to assume the lease—but we made sure to schedule showings around the tenant’s work-from-home hours to keep the peace (and presentation).
Key Tips for Sellers
Communicate early and respectfully with your tenant
Offer fair compensation if asking for early move-out
Can I sell with a tenant in place? Yes, but the lease continues unless terminated by mutual agreement or N12.
Can the tenant refuse to leave? Yes, unless served a valid N12 or they voluntarily sign an N11.
Do I need the tenant’s permission to list the condo? No. But showings require 24 hours’ notice and must follow legal time windows.
Will selling with a tenant lower my price? Often, yes. Especially if the buyer is an end-user or the unit can’t be staged.
What if the buyer is an investor? They’ll likely welcome the tenant—and inherit the lease and deposit at closing.
What’s the penalty for bad-faith evictions? Fines up to $50,000 for landlords who issue N12s but never follow through.
Final Thoughts: Selling Smart, Selling Legal
Selling a condo with a tenant in place is totally doable—but it takes strategy, legal know-how, and a bit of finesse. Whether you keep the tenant, negotiate a move-out, or let the buyer take over the process, the key is doing it by the book.
Want help navigating your options? Connect with us, or leave us a message below!
Choosing between a house and a condominium in Toronto is one of the biggest decisions you’ll make in your real estate journey. With significant differences in purchase price, ongoing costs, lifestyle impacts, and long-term investment potential, it’s crucial to weigh the pros and cons in the context of today’s market. In 2025, Toronto homebuyers face shifting affordability, inventory levels, and financing environments that can sway the decision one way or the other. In this deep dive, we’ll explore the key factors—from pricing and carrying costs to location and resale dynamics—to help you determine which option aligns best with your goals and budget.
Purchase-Price Comparison
Average House Prices in the GTA
According to the Toronto Regional Real Estate Board’s May 2025 data, the average price for a detached home in the Greater Toronto Area (GTA) was $1,430,000, representing a 5.4% year-over-year decline. Freehold townhomes averaged $996,000, down 4.3% compared to May 2024. These figures highlight the premium attached to detached and townhome ownership, driven by land value and larger living spaces.
Forest Hill Houses
Average Condo Prices in Toronto
Condominium apartments in the GTA saw an average sale price of $683,413 in May 2025, a 6.5% decrease year-over-year. Within the City of Toronto proper, Q1 2025 averages were slightly higher at $710,501, down 1.5% from Q1 2024. Condos offer a lower barrier to entry on purchase price, making them an attractive option for first-time buyers or purchasers with tighter budgets.
City Place Condos
Ongoing Carrying Costs
Mortgage Payments & Interest Rates
Current borrowing costs play a pivotal role in your monthly carrying costs. As of June 2025, the lowest advertised 5-year fixed mortgage rate in Toronto is approximately 3.94%. Based on a 25-year amortization, a $1,430,000 mortgage carries a monthly principal + interest payment of roughly $7,500, while a $683,413 mortgage (average condo price) equates to about $3,585 per month.
Condo Maintenance Fees
Condo ownership includes monthly maintenance fees that cover shared services and amenities. In the GTA, median maintenance fees for one-bedroom units range from $533 to $1,039 per month, depending on building age and amenity level. For example, a 700-sqft unit at $0.65/sqft results in a $455 monthly fee. These dues can cover utilities, concierge, fitness centres, and building insurance—expenses typically borne directly by single-family homeowners.
Lifestyle & Location Trade-offs
Space, Privacy & Outdoor Access
Houses typically offer more square footage—both indoors and outdoors—with private yards, driveways, and often multi-car garages. This additional space can translate to greater privacy and room for families, pets, and hobbies. In contrast, condos usually provide limited personal outdoor space (e.g., balconies), and communal areas like rooftop terraces or courtyards are shared among residents.
Amenities, Security & Maintenance
Condos often bundle amenities such as fitness centres, party rooms, concierge services, and security features into the monthly fees. This setup provides convenience and enhanced security without the homeowner needing to manage these services directly. For house owners, these amenities must be sourced and funded independently.
Over the past decade, detached homes in the GTA have appreciated at an average annual rate of approximately 5.8%, outpacing condominium apartments, which have averaged 4.1% per year since 2015. While both asset classes benefit from Toronto’s long-term growth, single-family homes have shown greater price resilience, particularly in lower-interest environments and low-inventory periods.
Liquidity & Demand in Resale Markets
Condominiums generally offer higher transaction volumes and faster time-on-market data, driven by broader affordability and investor appeal. In 2024, the average days on market (DOM) for GTA condos was 31 days, compared to 42 days for detached homes. However, detached homes have experienced tighter bid-landscape dynamics in sought-after neighbourhoods, sustaining strong demand despite slower turnover.
Toronto homebuyers face varying down payment thresholds: 5% for purchase prices up to $500,000 and 10% on the portion above $500,000. For a $683,413 condo, the minimum down payment is $34,171, whereas for a $1,430,000 house, expect $71,500 at minimum. The new First Home Savings Account (FHSA) allows first-time buyers to save up to ,000 tax-free, which can significantly offset these requirements. Learn more in our FHSA guide below:
Several programs can sweeten the deal. The Canada Mortgage and Housing Corporation (CMHC) offers a 10% refund on mortgage default insurance for FHSA users, while the Land Transfer Tax rebate for first-time buyers can be up to $4,475 in Toronto. Additional municipal incentives, such as the City of Toronto’s rent-to-own pilot, may also apply.
Last spring, we guided a young family in Etobicoke toward purchasing a detached home that offered room for two growing children and a backyard for their dog. Despite slightly higher mortgage payments, they prioritized space and privacy. Within six months, their property value rose by 3.2%, outperforming local condo benchmarks.
When a Condo Made Sense – How We Guided Another Buyer
In downtown Toronto, a professional couple needed proximity to transit and a lock-and-leave residence. We negotiated a $680,000 condo purchase in Liberty Village with low maintenance fees and premium amenities. Their monthly costs were nearly 40% lower than a comparable semi-detached home nearby, freeing up budget for travel and savings.
Pros & Cons at a Glance
Criterion
Houses
Condos
Purchase Price
High
Lower
Down Payment
$71,500+
$34,171+
Monthly Carrying Costs
Mortgage only ($7,500/mo example)
Mortgage + fees ($3,585 + $455/mo example)
Space & Privacy
Private yards, garages
Limited personal outdoor space
Amenities
– Add and maintain independently
Included (gym, concierge, security)
Resale Appreciation
~5.8% annual average
~4.1% annual average
Liquidity & Time on Market
Slower (~42 DOM)
Faster (~31 DOM)
Conclusion & Next Steps
Toronto’s real estate market in 2025 offers solid opportunities in both houses and condos. If you value space, privacy, and long-term appreciation—and can meet higher down payments—a house may be your best bet. However, if affordability, convenience, and lower maintenance responsibilities rank higher, a condo could be the smarter choice.
Ready to explore your options? Contact us, or leave a comment below for a personalized consultation and discover which path aligns with your lifestyle and financial goals.
Living in a Toronto condo comes with perks—walkable neighbourhoods, skyline views, and unbeatable convenience. But for dog owners, space can be tight. That’s where the city’s growing collection of downtown dog parks steps in to save the day.
These green spaces give pups room to roam, sniff, and socialize—off-leash and out in the fresh air. Whether you’re working with a balcony-sized backyard or just looking to avoid hallway accidents, here’s where condo owners (and their four-legged sidekicks) can go to stretch those legs.
Waterworks Dog Park – Urban Heritage Meets Canine Convenience
Dog Park at Waterworks
Where it is
505 Richmond St. W., beside the Waterworks Residences in King West.
What makes it special
The Waterworks Dog Run is a fenced turf oasis with a striking industrial backdrop. Clean, safe, and easy to access, it’s ideal for condo dwellers who want a no-fuss place to let their dog off-leash. The best part? You’re steps from the Waterworks Food Hall, the Ace Hotel, and a full YMCA—so you can tag on errands (or brunch) with ease.
Berczy Park – Toronto’s Most Instagrammable Dog Park
Where it is
Wellington & Scott St., in the heart of the St. Lawrence Market district.
What makes it special
No full off-leash zone here, but Berczy Park is still a favourite for dog lovers. Its whimsical centrepiece—a fountain with 27 bronze dog statues and one sly cat—makes for great photo ops. There’s a doggie drinking trough, mature trees for shade, and a calm, well-landscaped vibe. Ideal for mellow strolls or puppy meetups.
More Dog Parks Worth Sniffing Out
Clarence Square Park
Location: Front & Spadina
Why it works: Fully fenced with a pea-gravel base (a lifesaver on rainy days), and two fountains for thirsty pups. It’s smaller, quieter, and great for dogs who get overwhelmed in big crowds.
David Crombie Park
Location: The Esplanade near Berkeley St.
Why it’s unique: A fenced zone nestled in a residential pocket. It features playful murals and plenty of shade. It’s often less busy than bigger parks, but still social.
Allan Gardens
Location: Carlton & Jarvis
Unique perks: Fully enclosed with a double-gate entry—great for leash transitions. Surrounded by historic architecture and trees, it’s a peaceful escape in the heart of the city.
Grange Park
Location: Beside the AGO, near Beverley & Dundas
Stand-out feature: A tidy urban park with an off-leash area, modern benches, and plenty of nearby attractions. Great for art lovers and leash-friendly pups.
St. Andrew’s Playground
Location: Adelaide & Brant
Best for: Quick potty breaks or post-lunch fetch sessions. Small fenced section with a water fountain. Very walkable for condo residents near the Fashion District.
Ramsden Park
Location: Yonge & Pears (just north of Rosedale subway)
Perks: After a major renovation, Ramsden is now a destination park. You’ll find large green spaces, a fresh off-leash zone, and community energy that makes weekend mornings feel like a block party—for dogs.
Tips for Downtown Dog Owners
When to Go
Try early mornings or evenings to dodge crowds.
Avoid peak hours if your pup is shy or reactive.
What to Bring
Water bottle, poop bags, towel for muddy paws.
Treats and leash in case you’re near a non-designated area.
Urban Dog Etiquette
Scoop the poop. Always.
Check signage—some parks change rules seasonally.
Be aware of dogs in shared condo elevators, hallways, and lobbies.
Pro Tip
Join a local dog group for updates, meetups, and emergency petsitting backups.
Final Woof
Just because you live in a condo doesn’t mean your dog has to sacrifice playtime, fresh air, or fun. Toronto’s downtown dog park scene is thriving—and full of hidden gems for sniffing, socializing, and even Instagramming.
Take the scenic route home tonight. Your dog will thank you.
Once envisioned as a skyline-defining supertower, The One at 1 Bloor West has had anything but a smooth journey. First launched by Mizrahi Developments, the 85-storey skyscraper was pitched as Canada’s tallest residential building—a bold blend of engineering ambition and luxury living. But behind the glass and steel façade was a tangle of delays, financial missteps, and court filings.
As of early 2025, the project had stalled under the weight of creditor protection and management uncertainty. Buyers were left waiting, investors wary, and the site—though towering—was unfinished.
One Bloor West by Tridel
Enter Tridel – A Trusted Name in Toronto Real Estate
Now, the tide is turning. As of May 1, 2025, Tridel has officially taken the reins. The court-appointed monitor, Alvarez & Marsal, selected Tridel to act as development manager, construction lead, and sales partner for The One, replacing Mizrahi and its contractors.
For many, this news came as a relief. Tridel isn’t just another builder—they’re a Toronto institution. With 90,000 homes delivered over 90 years, their track record brings a much-needed sense of stability to a project that desperately needed it.
Through its affiliated firms (Deltera and Del Realty), Tridel is now steering the ship toward completion—with eyes set on restoring trust and momentum.
One Bloor West by Tridel
Construction, Sales, and the Road Ahead
So where do things stand now?
Construction-wise, The One has made significant progress. The concrete structure has reached the 81st floor, and the iconic curtain wall has climbed to level 58. The building will top out at 85 storeys (approximately 308.6 metres), making it the tallest residential tower in Canada.
Tridel is aiming for substantial completion by late 2026, with occupancy projected for early 2028.
Notably, the suite count has been revised once again. From an initial 415 to 503 under the receiver—and now to 476 units—Tridel is reworking layouts to reflect modern buyer expectations without compromising luxury.
And what about the luxury Andaz hotel that was supposed to anchor the lower floors? That deal is off. Tridel and its leasing partner JLL are actively courting new hotel and retail operators to fill the space, ensuring the tower lives up to its mixed-use promise.
What Tridel’s Takeover Means for Buyers
One of the biggest hurdles with The One was buyer confidence. With Mizrahi’s insolvency came fears around delivery, quality, and warranty coverage. Tridel’s takeover changes that.
Because Tridel is now managing the sales program under its Del Realty arm, suites at The One are once again eligible for Tarion warranty protection—a critical factor for cautious buyers.
For those watching from the sidelines, this move signals a return to credibility. The drama may have hurt the brand, but with Tridel at the helm, interest is already picking up.
Buyers who once walked away are circling back. Agents are talking. And if construction continues on schedule, 1 Bloor West might still become the landmark it was meant to be.
Buy Better with Our Team if you’re considering a unit in this revitalized tower—we’re tracking every twist and turn so our clients don’t have to.
One Bloor West by Tridel
Will The One Finally Live Up to the Hype?
While the story isn’t over, the narrative has definitely shifted. The excitement around Tridel’s takeover is more than just relief—it’s renewed hope.
Of course, big questions remain. Who will fill the retail and hotel space? Will ultra-luxury buyers return in force amid market softness? Can Tridel balance visionary architecture with practical delivery?
Time will tell. But for now, optimism is back on the menu—and The One is no longer a question mark, but a comeback story in progress.
Thinking about purchasing a unit at The One?Contact us or send us a message below to learn more about current availability and how we can help you navigate this exciting opportunity.
Step inside an authentic hard loft and Toronto’s industrial past greets you in the scent of weathered pine, the cool touch of century‑old brick, and the echo of open space beneath timber beams. Fewer than 3 % of the city’s condos qualify as true hard lofts—but every square foot carries the provenance of a factory floor or warehouse aisle. For the full back‑story on how hard and soft lofts differ, visit our Ultimate Guide to Hard & Soft Lofts after this read.
Beyond the brick and beam lies a lifestyle that prizes individuality. No two conversions are identical; ceiling heights change from room to room, rivet‑studded columns interrupt open floor plans, and a century’s worth of paint layers tell stories you’ll never fully uncover. Historic designation protects the exterior shell, but the interiors have become living canvases for architects, artists, and everyday urbanists. If glass towers feel interchangeable, hard lofts are the antidote—stubbornly imperfect and gloriously human.
What Makes a Hard Loft … Hard?
Authentic hard lofts start with bones—post‑and‑beam structures, concrete mushroom columns, and steel‑sash windows—reinforced by heritage bylaws that protect them. Utilities and retrofits can be trickier than in purpose‑built condos; financing quirks abound, and soundproofing is an art form. If you crave the details, the City of Toronto’s Heritage Preservation Services explains why adaptive reuse matters.
Materials that age gracefully – Reclaimed maple, Douglas‑fir, and poured concrete don’t just endure; they accumulate patina and character. Well‑sealed brick regulates humidity, keeping interiors comfortable year‑round.
Volume equals light – Eleven‑to‑seventeen‑foot ceilings paired with warehouse windows invite daylight deep into the suite, reducing reliance on artificial lighting and making plants (and people) thrive.
Modern systems behind historic walls – Most conversions add fan‑coil HVAC, fiber‑optic cabling, and upgraded elevators, but they hide them behind drywall bulkheads so as not to distract from the heritage fabric.
Factory flashback: Built in 1915–16 for the Wm. Wrigley Jr. Company, the Beaux‑Arts gum plant once shipped Spearmint across Canada. Its loading docks now serve as quirky terrace space.
Loft‑living highlights: 14‑foot concrete slabs, steel warehouse windows, raw ducts overhead, and original smoke doors repurposed as sliding room dividers. Units run true live/work, so expect photography studios beside kombucha breweries.
Building perks: Freight‑sized elevators ideal for art installations, secure bike storage, and a communal roof deck with sunrise views over the Port Lands.
Neighbourhood snapshot: Steps to Film Row cafés, Queen East’s gallery strip, and weekend vintage markets at The Leslieville Flea.
Broadview Lofts — 68 Broadview Ave, Riverside
Broadview Lofts — 68 Broadview Ave, Riverside
Factory flashback: Born in 1914 as a Rexall Drug warehouse, later grain storage, before Sorbara Group’s 2006 loft revival.
Loft‑living highlights: Brick‑and‑beam warmth meets glassy penthouse additions; original freight‑elevator doors grace many suites, and clerestory windows usher in golden afternoon light.
Building perks: A dramatic, hotel‑style lobby anchored by a 1900s safe, a rooftop party room with skyline views, and ample guest parking—rare for conversions.
Neighbourhood snapshot: Riverside’s brew‑pub trail, the Broadview Hotel’s rooftop bar, and 24‑hour Queen streetcar service at your front door.
Factory flashback: A Simpson’s—then Sears—catalogue‑warehouse complex from 1910–49, spanning an entire city block and once linked to the Eaton Centre by underground tunnels.
Loft‑living highlights: 480 sprawling suites, mushroom columns, soaring atriums, a rooftop dog run, lap pool, and indoor half‑court basketball—rare amenities for a heritage building.
Building perks: A two‑level Metro grocery store next‑door, 24‑hour concierge, and on‑site dry cleaning—all beneath exposed steel trusses that remind you of the building’s industrial DNA.
Neighbourhood snapshot: Six minutes on foot to the Eaton Centre and Yonge subway, yet sheltered from late‑night noise on a side street lined with heritage facades.
West‑Side Icons
Candy Factory Lofts — 993 Queen St W, Trinity‑Bellwoods
The Candy Factory Lofts
Factory flashback: Three red‑brick warehouses (circa 1907–1930s) once churned out Rockets and Fizzers candy for Ce De Candy Co. Weekly deliveries of powdered sugar left a sweet aroma that residents swear still lingers after rain.
Loft‑living highlights: 12.5‑foot timber ceilings, thick maple floors, exposed sprinkler lines, and Juliet balconies overlooking Trinity Bellwoods Park.
Building perks: A fully equipped gym tucked beneath vaulted rafters, a dog wash station off the side alley, and an intimate lounge that hosts resident art exhibitions.
Neighbourhood snapshot: Queen West’s indie boutiques, Ossington’s dining corridor, Bellwoods drum circles, and nearby 501 streetcar for cross‑town hops.
The Candy Factory Lofts
Toy Factory Lofts — 43 Hanna Ave, Liberty Village
Toy Factory Lofts — 43 Hanna Ave,
Factory flashback: A 1912 paper plant turned Irwin Toy factory, re‑imagined by Lanterra in 2008. Original conveyor‑belt housings became quirky sculptural elements in the lobby.
Loft‑living highlights: Douglas‑fir posts, soaring steel beams, and a mix of authentic brick lofts plus double‑height soft‑loft additions that offer mezzanine sleeping areas.
Building perks: Full‑service concierge, a landscaped roof terrace with barbecue pods, guest suites for visiting friends, and Tesla superchargers in the garage.
Neighbourhood snapshot: Liberty Village’s patio‑packed nightlife, Bentway skating trail, GO/King streetcar links, and Saturday farmers’ markets at Massey Harris Park.
Robert Watson Lofts — 363 & 369 Sorauren Ave, Roncesvalles
Robert Watson Lofts — 363 & 369 Sorauren Ave
Factory flashback: An early‑1900s confectionery plant revived in 2007 with a glass‑and‑steel addition that respectfully riffs on the original massing.
Loft‑living highlights: Century bricks meld with polished concrete; most suites sport Juliet or full terraces overlooking the leafy rail path, and common areas display vintage candy‑making artifacts.
Building perks: A communal courtyard garden scented by lilacs, an indoor bike garage linked to the West Toronto Rail Path, and a pet‑friendly policy that makes dog socials a weekly ritual.
Neighbourhood snapshot: Roncy’s coffee culture, seasonal Polish street festivals, and hip bike lanes speeding you to High Park in under five minutes.
Tip Top Lofts — 637 Lake Shore Blvd W, Waterfront
Factory flashback: Built in 1929 as Tip Top Tailors’ Art‑Deco headquarters—its neon rooftop sign is a city icon and one of the few neon structures protected under heritage bylaws.
Loft‑living highlights: 13‑foot fluted columns, dramatic saw‑tooth windows, lakeside views, and six glass‑and‑steel storeys added in 2002, creating duplex penthouses with private terraces.
Building perks: Concierge service, a well‑equipped gym that faces Lake Ontario, and an internal courtyard shielded from the Lakeshore’s winter winds.
Neighbourhood snapshot: Martin Goodman Trail at your doorstep, a ten‑minute walk to Harbourfront Centre, and instant access to Billy Bishop Airport for weekend getaways.
Foundry Lofts — 1100 Lansdowne Ave, Davenport
Factory flashback: The 1903 Canada Foundry locomotive plant features a grand atrium—once an assembly line—that now serves as a climate‑controlled indoor street for residents.
Loft‑living highlights: A skylit interior courtyard, multi‑level units, original steel trusses overhead, and operable windows larger than many condo balconies.
Building perks: An expansive party space in the former engine‑testing chamber, on‑site micro‑gallery curated by local artists, and dog‑friendly walking paths along the adjacent rail corridor.
Neighbourhood snapshot: Emerging Davenport Village, with new cafés edging the tracks, cycling access to the Green Line park project, and fast bus service to the UP Express.
Side‑by‑Side Loft Cheat Sheet
Loft
Year Built
Conversion
Typical Ceilings
Unit Count
Signature Amenity
Wrigley
1915
1999
14 ft
81
Rooftop deck
Broadview
1914
2006
11–13 ft
166
Heritage‑vaulted lobby
Merchandise
1910–49
1999
12–14 ft
480
Indoor basketball court
Candy Factory
1907–30s
2000
12.5 ft
121
Resident art lounge
Toy Factory
1912
2008
13–17 ft
213
Roof terrace & EV charging
Robert Watson
1900s
2007
11–15 ft
153
Courtyard garden
Tip Top
1929
2002
13 ft
256
Lakeside gym
Foundry
1903
2008
12–15 ft
104
Grand atrium
(Maintenance fees, property taxes, and sale prices vary—contact us for the latest specifics.)
Buying an Authentic Hard Loft in 2025 and Beyond
Financing quirks – Many lenders view heritage lofts as higher‑risk; CMHC premiums can be steeper, and boutique insurers may cap loan‑to‑value. Work with a mortgage broker who has closed on conversions before—lender familiarity smooths underwriting.
Inspections & environmental checks – Older factories can hide asbestos insulation, lead paint, or residual hydrocarbons from industrial use. A specialist inspector with environmental‑site‑assessment experience is worth every dollar.
Mechanical & acoustic upgrades – Conversions often installed fan‑coil HVAC long after the factories closed; ask for service logs and check sound‑transmission‑class (STC) ratings between floors. If you’re eyeing a unit beneath a mezzanine, test echo levels during a walkthrough.
Heritage clauses – Exterior brickwork and window mullions typically fall under conservation rules. Renovate, yes—replace, maybe not without the city’s blessing. Factor approval timelines into your renovation schedule.
Frequently Asked Questions
Are hard lofts a good investment in a softer market? Heritage scarcity shields value better than glass‑tower abundance; appreciation isn’t guaranteed, yet demand usually outstrips supply.
Do heritage rules restrict renovations? Interior updates are generally flexible, but exterior changes—brick repointing, window replacement—require Heritage Preservation approval.
How does condo insurance differ? Lofts often need unit‑owner upgrades to cover exposed brick and timber; premiums run slightly higher, but specialized brokers can help.
Why do maintenance fees vary so widely? Small unit counts mean fewer doors sharing big‑ticket items like roof membranes. Converted factories also face periodic masonry and window‑restoration budgets.
Can I Airbnb my hard loft? Many heritage buildings enforce stricter rules than modern condos. Some ban short‑term rentals entirely to preserve community stability—verify bylaws before you buy.
What’s the resale audience for lofts? Creative professionals, downsizers seeking character, and remote tech workers all flock to lofts. Marketing should highlight provenance and floor‑plan flexibility rather than bedroom count alone.
Toronto’s factories forged everything from chewing gum to locomotives. A century later, their bones still stand strong—only now they cradle light‑filled homes instead of assembly lines. If you’re ready to let an old wall whisper its story to you, let’s tour a loft together. Get in touch with us below —your next chapter might just begin under a timber beam.
Buying a home in Toronto is thrilling—but let’s be honest, it can also feel overwhelming. Between rising prices, shifting neighbourhood trends, and confusing mortgage rules, knowing where to begin is half the battle. That’s why our first step isn’t a property tour. It’s a conversation.
We call it a discovery call. And here’s exactly what you can expect.
What Is a Real Estate Discovery Call?
A discovery call is a 20- to 30-minute chat where we get to know you—your goals, your budget, and what “home” means to you. There’s no paperwork, no pressure, and no strings attached. Think of it as your chance to pick our brains before diving in.
Why We Start with a Call (Not a Showing)
While it might be tempting to jump straight into open houses, we believe in building a smart foundation first. This helps us:
Save you time
Set realistic expectations
Share valuable local insight upfront
When we understand where you’re coming from, we can help you get where you’re going—faster and with fewer surprises.
Here’s What We Cover on the Call
Your Why: Motivation + Timeline
Are you upsizing for a growing family? Relocating for work? Curious about whether now is the right time? Your “why” gives us direction—and helps us customize your path forward.
Budget & Mortgage Status
We’ll walk through your ideal budget and where you stand with financing. Haven’t spoken to a lender yet? No worries—we can refer trusted mortgage pros to help you run the numbers.
Must-Haves vs Nice-to-Haves
This is where we start turning your Pinterest board into a practical checklist. A balcony, parking, ensuite laundry? Great. We’ll help prioritize what matters most, and what might be flexible.
Quick story: One couple came in convinced they wanted a detached home. After chatting, they realized a hard loft was a better fit—and they couldn’t be happier.
Neighbourhood Talk
Which areas are you considering? The Junction? Midtown? East Danforth? We’ll share the real scoop on each—the vibe, price trends, and pros/cons from people who actually live there.
Education on the Market
We’ll give you a snapshot of what’s happening now: how long homes are sitting, where prices are heading, and what trends to watch. No fluff—just honest, up-to-date advice.
From first tour to firm offer, we’ll walk you through the whole process in plain language. Including:
What offer conditions matter
How inspections and deposits work
What to expect at closing
How We Work (and What Happens Next)
We’ll also cover how we represent you: our communication style, negotiating strategies, and what happens after the call. Spoiler: we follow up with a tailored next step email (and it literally covers EVERYTHING), not a generic drip campaign.
What You Don’t Need to Bring
You don’t need your mortgage pre-approval letter. You don’t need a list of listings. And you definitely don’t need to know all the lingo.
All we ask? Bring your questions and your curiosity. We’ll handle the rest.
A Real Story: From First Call to Front Door
One couple we worked with were new to Toronto and unsure where to begin. On the call with Joey, they shared their dream of walkable neighbourhoods, good coffee, and parks for their dog. Fast forward three months: they’re happily settled in a Roncesvalles condo steps from everything they wanted.
It started with one call.
Let’s Talk—No Strings Attached
Whether you’re buying in six weeks or six months, your smartest first move is booking a discovery call. We’ll listen, guide, and help you gain clarity without the sales pressure – leave us a message below!
