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Michael Camber
Real Estate Salesperson
Royal Lepage Real Estate Services, Ltd.
905 King St. W. #100, Toronto
Tel.: (416) 205-0355
fax: (647) 435-4944
info@kingwestcondo.com |
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The building is actually built. |
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You can actually see what the unit looks like & what the actual unit views are before you purchase. |
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You can see what the building culture, structure & amenities are all about before you purchase. |
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If the unit includes parking and/or locker, they are already on title, so you know where they will be. |
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You have a definite closing date, there a no building delays. |
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Usually neighbourhood amenities already exist. |
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You already have building management in place & get an idea whether they are doing a good job (maintaining the building, staff etc.) |
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There are no developer fees, or development levy costs in addition to your purchase price. |
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You can examine a status certificate, confirm a number of different things: what the current maintenance fees are, if there are any large upcoming costs, any lawsuits, the number of tenants vs. owners etc. |
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You get a selection of floor plans, exposure & floor -not what just happens to be available on the market at the time you are looking at resale. |
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There are often various builder promotions: e.g. Lower prices, free upgrades, free maintenance, cash back etc. |
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You can stagger your deposits.
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You can plan ahead. |
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You can prioritize saving & spending to accumulate a larger down payment. |
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You get to customize your unit & pick your finishes. |
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You can plan & buy your furniture ahead of time, since you already have a floor plan to work with. |
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You can participate in the running of the board of directors, by being elected or voting for the individual members. |
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