Wanting To Move Into A House In Toronto? – Part 1 Of Help And FAQs

I’m thinking about doing some house remodelling, do I need to apply for a a building permit?

If you are thinking about doing construction, demolition, renovations or additions to your home, then you could need authorization from the City of Toronto before you begin, this is called a building permit. Toronto Building staff must go over your plans to make sure that they comply with the Ontario Building Code, local Zoning By-laws, and other applicable regulations. Here’s when you should have one: You may want to structurally modify your house or even knock some of it down or add to it, including doors and windows, modifying the heating, plumbing and air-conditioning or even add a new bathroom, for that reason you need to check to find out if you need this permit.

Why is my insurance firm asking so many questions about the real estate I bought, can my realtor tell me the reasons?

When you buy a home, your insurance company will need to know things such as how big an area your property takes up, any updates to the systems in your house such as plumbing, the material used to build the home, plus many other things. We will contact the listing agent for your new property to get as many answers as we can from the sellers, who will know the most about the property. Most insurance companies realize that the the original details are not always available, as a result they normally accept approximate details.

I am thinking about buying a property, but not sure whether I should invest in a house or a condominium?

I work mainly with houses for sale Toronto but I will tell you that this all depends on your personal circumstances, how you see the future and what you are expecting out of the opportunity. If you are looking for something that pays for itself, then based on Toronto rental prices, a well placed apartment can do that, but if you are looking for somewhere to live and rent, then a house may be the better option. We will support and advise you which is the right property based on your lifestyle and situation.

The units in the condo building look the same, so why is there a price variation?

By installing an upgraded kitchen or bathroom, asking for a parking space, how the apartment is finished all add to and are reflected in the price. Units higher up have more attractive views, less foot traffic and less noise from above, so they attract the higher prices. Finally, don’t forget that list price – asking price – is not always the same as what the apartments will actually sell for!