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Urban Living

Features on the downtown scene, events and urban living.

What every condo resident should know about automatic fire sprinklers; why they’re important; how to prevent expensive water damage

What every condo resident should know about automatic fire sprinklers; why they’re important; how to prevent expensive water damage

Newer high-rise condominiums are equipped with automatic sprinkler systems. But most condo owners and residents, don’t understand how this vital life-saving system works. This lack of understanding could result in inadvertently damaging a sprinkler system reducing its overall effectiveness — or in the worst case, it could cause thousands of dollars in water damage to… Continue Reading

Neighbourhood still matters; four steps to evaluate your prospective condo neighbourhood before offering

Neighbourhood still matters; four steps to evaluate your prospective condo neighbourhood before offering

Unless you’ve firmly decided on your future home’s neighbourhood (and assuming you can afford that neighbourhood), you will probably spend a lot of your “home hunting” time on location. The old real-estate cliche of “location, location, location” remains true today — perhaps all the more so because of the high value placed on Toronto neighbourhoods.… Continue Reading

The half-million dollar question: why buy a condominium in Toronto? Fall market finds its “legs” as buyers adjust to new prices

The half-million dollar question: why buy a condominium in Toronto? Fall market finds its “legs” as buyers adjust to new prices

While some economists are predicting a “glacial” market for the next few years in Toronto, this frostiness isn’t apparent in market indicators — and a significant number of experts disagree. With the average price for detached homes at $968,494 (as of August, TREB numbers), condominiums nudged past half-a-million ($507,841 for August 2017), urged upwards by… Continue Reading

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