condo / 4 posts found

Selling a Home With a Tenant Living There in Barrie and Simcoe County?

by Vlad Kapitantchouk (VeeKay)
NOTE: We are not qualified mortgage lenders or providing any legal advice in any of our articles (including this one) – this is purely based on our experiences in Ontario. Does the Tenant Increase Value? Short answer: it depends. If you got maximum rent possible in your market, the tenants are great/cooperative and always paying on time, it might even make sense to leave them in (if, say, your home is a duplex, and the potential buyer can move into the other unit). Evict the Tenant! This is common first course of action. First off, an important note that many […]

LEASED – Luxury 2 Bedroom 2 Bath Condo in Friday Harbour, Innisfil

by Vlad Kapitantchouk (VeeKay)
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High-end 2 bdm, 2 bath condo available for lease in Friday Harbour, Innisfil. Beside the water, tons of events throughout the year, many amenities. ALREADY LEASED!

SOLD – 1 Bdm + Den Condo Unit in Richmond Hill

by Vlad Kapitantchouk (VeeKay)
in Sold
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Yonge and 16th in the middle of it all - Beverly Hills Condo - 1 Bdm + Den - 664 sq ft - this one is SOLD!

Should I Buy a Condo as an Investment?

by Vlad Kapitantchouk (VeeKay)
Should you get a condo as an investment? Ultimately, it depends on your strategy… for some investors, it works. However, we’re generally talking about the typical investor that is looking to get into a long-term buy and hold. Newer investors often buy into condos as it is an easier entry point. However, there are a few downsides compared to a freehold building: 1) EXPENSES Condo fees eat away at your cashflow, and the fees only increase going forward. One of our investors has a condo that she has bought a few decades ago and recently paid off, but since it’s […]
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