Condo Academy Episode 5: The Condo I.P.O.

In Episode 5, we introduce you to our concept "The Condo I.P.O.", and secrets of Pre-Construction Condo Launch Investing.

Its FAQ's-Day Tuesday so we also answer top questions from our viewers. Here are the viewer-submitted questions we address in this Episode:

1. How does a condo launch work?

2. What do 'VIP' and 'Platinum' mean?

3. Is it better to buy pre-construction at the start of a new project or near the end when the building is completed?

4. What's the best ROI neighbourhood in Toronto right now?

5. What are the advantages of buying pre-construction if the prices are the same as resale?

6. Do I need to be represented by a real estate agent to purchase a pre-construction condo?

FAQ’s-day Tuesday – Top 5 Toronto Condo Myths

Introducing "FAQ's-day Tuesday", a brand new feature where we answer some of the the best condo investment questions we are asked.

In our first FAQ video (below) we answer:

a) Is there a bubble in the Toronto Condo Market?

b) Are there too many condos being built? Is there an over supply of condos in Toronto?

c) What percentage of buyers of pre-construction condos are investors and how does this affect the market?

d) Are there too many foreign investors buying Condos?

If you enjoy the video, be sure to comment below and share!

Condo Academy Episode 3: A Conversation With 3 Top Toronto Condo Developers

In Episode 3 of The Condo Academy Videos, we talk to three of Toronto's leading developers in a candid discussion on all things related to developing a condominium site.

It is extremely rare to have three top developers discussing everything involved in developing a condominium site, but this candid interview does just that. 

David Wex of Urban Capital (developers of Tableau, River City Phase 1 & 2), Brian Brown of Lifetime Developments (developers of Four Seasons Hotel & Residences, Bisha, The Bond, The Yorkville among many others) and Shamez Virani of CentreCourt Developments (developers of Peter Street Condominiums, Karma and INDX) have an in depth discussion with Giovanni Marsico.

Some of the highlights of the video include:

-The development process and some of the difficulties that developers face

-The evolution of the pre-construction sales process in Toronto

-What defines a successful condominium project

-The developers favourite projects and locations

-How developers pick sites

-How Toronto differs from other markets

-The change in type of suites over the years

And much more!

Condo Academy Episode 2: George Carras and Calum Ross

In Episode 2 we look at the big picture in the Condominium market with George Carras (President of RealNet) and Calum Ross (One of Canada's Leading Mortgage Brokers)

RealNet Canada is considered the “Bloomberg” of the property markets in Canada. The company provides information tools and services that power the decisions of over 40,000 industry professionals across North America. Mr. Carras is a featured columnist in The Toronto Star and has also been featured on CTV and BNN.

Calum Ross is consistently ranked amongst the top producing mortgage advisors in Canada. Specializing in comprehensive mortgage solutions tailored for real estate investors and purchasers of high value real estate, no one is better positioned to service the mortgage needs of sophisticated consumers. Calum is regularly featured in the media as a mortgage expert and has appeared on Canada AM, BNN and Inside Toronto Real Estate, as well as contributed to mortgage features in The Toronto Star, The National Post and The Globe and Mail.

In the video, George Carras and Calum Ross talk in detail about:

-Discussion on whether there is a "bubble" in the condominium market

-Rates of return to expect on your investment

-Key Economic Factors that we should pay attention to interest rate movements

-A look at the Toronto Condo Market vs. other investment vehicles

-What will happen if Interest Rates were to rise tomorrow?

Condo Academy Episode 1: A Conversation With Hunter Milborne

The Condo Academy team sat down with "The Dean of Condos" Hunter Milborne for a discussion about Toronto's condominium market.

Hunter Milborne, referred to as "The Dean of Condos" by Canadian Business Magazine, has more than 30 years of real estate experience. He is well known for his entrepreneurial style, creative problem solving and innovative marketing strategies. Hunter has marketed and sold more than 400 developments including residential and hotel condos, commercial condos, resort properties and investment sales

In this video, Hunter discusses:

-How the condo market has evolved since the first pre-construction condo was sold in the 70's