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downtown toronto condo owners, or potential owners - tips on searching for one?

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Old Aug 14, 2009 | 04:47 AM
  #1  
kingrukus's Avatar
kingrukus
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From: Toronto, ON
Default downtown toronto condo owners, or potential owners - tips on searching for one?

For the guys here that recently purchased condos, real estate agents, those currently seeking, or somehow are knowledgable on the topic of purchasing - how did you search for your condo? I am really new to the game - I should have had my own place for a few years now, but I keep loafting. Because of my job and school, I need to move to downtown toronto - so I would like a place within the financial district, or within 10 mins of walking of ryerson university.

I am looking for something that is already built, but less than 5 years old, $300 or less in condo fees, and over 500 sq ft. I started using mls.ca and contacted one real estate agent so far through that site. Any other good leads on finding a place? Any other things to watch out for?

Thanks!
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Old Aug 15, 2009 | 06:18 AM
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jasonintoronto
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if you're looking to buy, stick with an agent.

things to look out for:
1) make sure your unit isn't close to something that might bother you, like the elevators or garbage shute, or the place the garbage truck comes to. the garage entrance is noisy if you're right above it.

2) carpets and flooring can be replaced, focus on things you want like kitchen size, balcony, layout, etc.

3) stay within your budget

4) your first offers are almost always rejected, don't be tempted to keep bidding and blow your budget.
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