Investments-New Condos

Working with a VIP Agent allows you access into the Initial Stage of the Project as a VIP Client. In addition to pre- construction prices you also get the Advance VIP pricing for a particular project before the public opening. Clients can save between $5,000-$25000 with the initial VIP incentives offered only to VIP agents such as myself.

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Investing in Pre-Construction Condominiums – VIP Sales Event

Thank you for your interest in PRE-CONSTRUCTION Condominiums. The overwhelming response to new condo openings in Toronto has been tremendous for the last view years and has resulted in record sales for new condominiums.

Continued economic growth for our great city, strong immigration and a general trend of moving back downtown continues to fuel dramatic growth. Today’s condo buyers want to be close to public transit, work, entertainment and shopping.

Prior to Opening Day of a new condo sales office to the general public, prices may have gone up two or three times. As a VIP agent, I am offering you an opportunity to be FIRST!

You can be one of the first purchasers to be invited to VIP preview sales event long before the presentation centre opens to the public. This gives you an exclusive Opportunity to have best pick at unit floor plans and you can take advantage of the lowest price and any other incentives the builder may offer. Some clients have saved between $10,000-$25,000 before the public opening.

Through a long standing relationship with Toronto’s Leading Developers, we can offer you access to choice suites at prices lower than the general public will ever see. Once VIP sales are completed, prices for the general public are set to rise substantially.

Please be aware, that only a limited number of suites will be released to us at VIP pricing. we will allocate these units on a first come, first served basis.

Fill out the form contact me- below and you will be automatically alerted by e-mail of all VIP sales events for upcoming pre-construction condo projects.

As an experienced Buyer Representative, I will decipher developer contracts and all the ins and outs of the purchasing processes. I can save you thousands while protecting your best interest based on my expertise and knowledge in the Toronto condominium marketplace.

I look forward to speaking with you before the opening to reserve your unit. You can always call my direct line at 647-267-6338 to set up your personal appointment to review the VIP preview materials and to discuss pros and cons of a specific project.

Buying a Condo by Way of Assignment

Buying a Condo by Way of Assignment

Most people who buy a condo take ownership through the Land Registry System. Just before the day of closing, you transfer money to your lawyer and if you need additional funds via a mortgage, your lawyer will register your ownership of the property and the interest of the mortgage lender.

An Assignment means that you are buying a ‘right’ to own a condo that is not in the Land Registry System. Usually the condo has not been built or it is not ready for occupancy and the building has not been registered. This ‘right’ is just a paper transaction and not the transfer of the actual property. The closing of the Assignment occurs BEFORE the condo is registered. The individual who buys the ‘right’ will eventually close and register their ownership of the condo at some later date.

The number of Assignment transactions is growing rapidly. For sellers who bought a new condo from plans several years earlier and whose plans have changed, this is an opportunity to sell before they have to get a mortgage and incur additional closing costs such as that dreaded, double Land Transfer Tax. For buyers who want a brand new condo without having to wait years for construction to finish, or who can not find what they want in the resale market, it represents a lot more choice.

Most Assignments are sold on an ‘Exclusive’ basis. They are also more complicated than a regular sale because a mortgage can not be obtained on the closing of the Assignment, and will need to be postponed until the day of registration. Other issues such as Occupancy, reimbursement of the seller’s deposits and more must be taken into account.

You need a Realtor that is trained in finding and drawing up the Offer for Assignments. We have site for selling Assignments and we have the Realtors who are trained in doing these transactions. So if you want to buy or sell an Assignment then you have come to the right web site! Contact me today for more details.

More Details on Assignments

Contact me – Assignment inquiry  for a list of Assignment listings!

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For more information please contact Vijay Gandhi.

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