Toronto Condo Law – The Condo Uprise

The condominium scene has exploded: There are roughly 525,000 units housing over one million residents in Ontario, and that number is on the rise. The concrete jungle grows thick with these popular homes, reshaping the city skyline and how urbanites experience the metropolitan milieu. This chain reaction has also sparked here in Vaughan, where new developments are breaking ground across the city.

But while projects rush upwards, and eager townies flock, complications emerge. “Right now, there are few consumer protections in place for condominiums, especially when it comes to preconstruction,” says Todd Hofley, a condo owner and president of the Liberty Village Residents’ Association. He explains how many residents are forced to move into buildings with unfinished corridors, accept substituted features of equivalent value and wait years for Read more

Real Estate: Toronto Condo Market

Whether you’re a first-time buyer or just looking to immerse yourself in the excitement of the city, purchasing a condominium can be a great choice. Known for being low maintenance, condos are catching the eyes of homebuyers everywhere.

1. Tridel Renaissance Tridel Renaissance’s luxury residential tower in Richmond Hill has suites that will sweep you off your feet. Those that admire refined, traditional architecture and design will fall in love with this classical condominium. www.tridel.com

2. Miracle at Yonge Love your space. Snag a deal at Miracle at Yonge while their offer of deluxe suites for a great price lasts. Located in a bustling part of Richmond Hill, the amenities and location offer just the right balance of entertainment and serenity in a large living space. www.miracleatyonge.com Read more