đľď¸ Before you sign on that shiny new condo, here are the red flags hiding in plain sight.
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The Truth About Condos in Toronto & the GTA
Letâs be realâcondos in Toronto spark strong opinions. Some people swear by them. Others avoid them like the plague. But hereâs the truth: condos can be your ticket to smart homeownershipâor your biggest headache. It all depends on how much you know before you buy.
In this episode, I take you behind the scenes of condo livingâthe good, the bad, and the downright uglyâso you can decide if this move fits your lifestyle. Whether youâre a first-time buyer dipping your toes into the market, or a downsizer looking for freedom and simplicity, this convo is packed with what you need to know.
Hereâs what we cover:
- â What a condo really is (spoiler: itâs not just an apartment, you actually own shares in a corporation)
- â Status Certificates 101âwhy theyâre basically the âreport cardâ that can save you from nasty surprises
- â Maintenance fees explainedâwhy they arenât the enemy, and how to tell if youâre overpaying
- â Pet rules & restrictionsâbecause no one wants to move in and find out Fluffy isnât welcome
- â Special assessments & reserve fundsâthe hidden costs buyers often miss (and how to avoid being blindsided)
- â Airbnb nightmaresâwhat happens when your building turns into a hotel and how to protect yourself
- â Amenities vs. realityâare you paying for luxuries youâll never use?
My goal? To cut through the noise and arm you with the straight facts, so you can spot the gems, skip the duds, and make a confident move.
đ Whether youâre thinking about jumping into the condo market or youâre simply curious about whatâs behind those shiny glass towers, this episode gives you the clarity you didnât know you needed.
Listen in and letâs talk condosâthe smart way.
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