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Home Leader Realty Inc.

 

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Listing Details

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.


Condo Assignment Sales - Everything You Need to Know!

BUY AN ASSIGNMENT

 SELL YOUR ASSIGNMENT

 


CONDO ASSIGNMENT

DEFINITION
The assignment (somehow a sale) of the right to purchase a property.  Specifically, it can be the transfer of a contract to purchase, before occupancy. After occupancy, the property can be sold and is classified as a 'resale'.

WHY ASSIGN AND NOT SELL?
The City has not given the permission for Occupancy yet. It cannot be a sold using conventional methods.

EXAMPLE
A Buyer just bought a new Condo. The Builder has given the Buyer the RIGHT TO ASSIGN the unit (sell the agreement) to another Buyer. This may happen for various reasons:

  • Buyer must sell
  • Buyer wishes to take out equity
  • Property appreciated and Buyer wishes to re-invest appreciation 
  • Market outlook looks bad

TODAY'S REAL ESTATE MARKET
Many have taken advantage of the 'good times' and have been 'flipping condos' for investment purposes. Many clients have bought over and over only to be MORTGAGE FREE today.

It is an art to flip condos before they are built. This form of investment is not for the faint-of-heart. You need a knowledgeable real estate agent with financing capabilities to get into the game.

You are advised as to the builders, their success and mentality, the areas, why some are good buys and why others are not...

CONDO MARKET OUTLOOK - INDICATORS
Toronto's Real Estate market appears to be able to hold and re-sell the units at least up to 2011.

  • Toronto's condo market is being fueled by wealthy young professionals
  • They do not wish to travel hours to work
  • They are usually single or maybe couples
  • Many buyers are retired and love the downtown living
  • Toronto's downtown core is revitalizing and becoming more vibrant and fun
  • Toronto's economy is stronger than ever and will continue to attract people wanting to live in Toronto
  • Toronto as per the Toronto Board of Trade will become a city of 16.5 Million by 2031. Where will they fit?

TIPS & TRICKS
>> Not all Builders allow assignment sales. Find out if the builder allows for assignment sales before you purchase. Find out if they are giving a discount...

>> You may sell your unit at a higher price! Consult with a New Condo Specialist, like our team, for accurate pricing

>> The Assignment Fee can be negotiated and passed to the Buyer! Work with A Tough Negotiator!

>> List your property with us, where your unit's visibility is GUARANTEED!

>> Buy Your units early to save on Assignment Fees and to Maximize Your Benefit!

>> Work with agents that specialize in New Condos and participate in VIP Pre-Construction Previews.

LIST YOUR ASSIGNMENT HERE

CONCLUSION

Stay ahead of the pack! Diversify your Investment and buy yourself a New Condo. You can see your investment appreciate over a short period of time. Units may sell from $20,000 more in a week to over $250,000 2 years later! No Bank Interest account can beat that!

Don't listen to doomsday speakers, living in the past when the condo market was the first to suffer!

Don't let them keep you from doing what's right! Do yourself a favor... and start investing!

 


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PhotoAddressLocationNeighborhoodPriceTypeSizeBedsBathsCity
Condos for Sale in Kingston Road, Toronto, Ontario $419,000
6 photos
501 Frontenac St, Suite 753 Sq Ft Kingston Road $419,000 Condominium 753 sq. ft. 2 1 Toronto
Condos for Sale in Moss Park, Toronto, Ontario $475,000
4 photos
93 Berkeley St, Suite 435 sqft Moss Park $475,000 Condominium 435 sq. ft. 1 Toronto
Condos for Sale in Major Mackenzie/Keele, Vaughan, Ontario $485,000
9 photos
Eagle Rock Way, Suite 595 Sq Ft Major Mackenzie/Keele $485,000 Condominium 595 sq. ft. 1 1 Vaughan
Condos for Sale in Corktown, Toronto, Ontario $509,000
5 photos
591 Dundas St E, Suite 469 Sq Ft Corktown $509,000 Condominium 469 sq. ft. 1 1 Toronto
Condos for Sale in King West, Toronto, Ontario $509,900
8 photos
620 King Street West, Suite 424 Sq ft King West $509,900 Condominium 424 sq. ft. 1 1 Toronto
Condos for Sale in Don Valley Village, Toronto, Ontario $510,000
10 photos
Leslie St, Suite 535 Sq Ft Don Valley Village $510,000 Condominium 535 sq. ft. 1 1 Toronto
Condos for Sale in King West Village, Toronto, Ontario $515,000
8 photos
41 Dovercourt Rd, Suite 462 Sq Ft King West Village $515,000 Condominium 462 sq. ft. 1 Toronto
Condos for Sale in Dundas/East Mall, Toronto, Ontario $519,900
7 photos
20 Tubman Avenue , Suite 591 Sq Ft Dundas/East Mall $519,900 Condominium 591 sq. ft. 1 1 Toronto
Condos for Sale in Waterfront Toronto, Toronto, Ontario $520,000
11 photos
132 Queens Quay E, Suite 388 Sq Ft Waterfront Toronto $520,000 Condominium 388 sq. ft. 1 Toronto
Condos for Sale in Islington Village, Toronto, Ontario $540,000
21 photos
64 Cordova Ave, Suite 546 Sq Ft Islington Village $540,000 Condominium 546 sq. ft. 1 1 Toronto
Condos for Sale in Allen Rd and Sheppard, Toronto, Ontario $540,000
4 photos
10 De Boers Dr, Suite 610 sqft Allen Rd and Sheppard $540,000 Condominium 610 sq. ft. 2 2 Toronto
Condos for Sale in Willowdale, Toronto, Ontario $549,900
8 photos
15 Holmes Ave, Suite 498 Sq Ft Willowdale $549,900 Condominium 498 sq. ft. 1 1 Toronto
Condos for Sale in Davisville/Mount Pleasant, Toronto, Ontario $555,000
5 photos
11 LiLLian st, Suite 564 sq ft Davisville/Mount Pleasant $555,000 Condominium 564 sq. ft. 1 1 Toronto
Condos for Sale in Liberty Village, Toronto, Ontario $559,900
9 photos
51 E Liberty St, Suite 556 Sq Ft Liberty Village $559,900 Condominium 556 sq. ft. 1 1 Toronto
Condos for Sale in Thornhill, Ontario $565,000
3 photos
7895 Jane St, Suite 649 Sq Ft Thornhill $565,000 Condominium 649 sq. ft. 2 2 Thornhill
Condos for Sale in Thornhill, Toronto, Ontario $570,000
7 photos
100 Portage Pkwy, Suite 638 Sq Ft Thornhill $570,000 Condominium 638 sq. ft. 2 2 Toronto
Condos for Sale in Regent Park, Toronto, Ontario $570,000
7 photos
200 Dundas St E, Suite 530 Sq Ft Regent Park $570,000 Condominium 530 sq. ft. 1 + Den 1 Toronto
Condos for Sale in Waterfront Toronto, Toronto, Ontario $580,000
7 photos
35 Grand Magazine St, Suite 490 Sq Ft Waterfront Toronto $580,000 Condominium 490 sq. ft. 1 1 Toronto
Condos for Sale in Willowdale, Toronto, Ontario $583,900
5 photos
2 Teagarden Ct, Suite 584 Sq ft Willowdale $583,900 Condominium 583,900 sq. ft. 1 1 Toronto
Condos for Sale in The Queensway, Toronto, Ontario $590,000
9 photos
784 The Queensway, Suite 650 Sq Ft The Queensway $590,000 Condominium 650 sq. ft. 1 1 Toronto
Condos for Sale in Henry Farms, Toronto, Ontario $599,000
6 photos
32 Forest Manor Rd, Suite 621 Sq Ft Henry Farms $599,000 Condominium 621 sq. ft. 1 2 Toronto
Condos for Sale in Westhill , Ontario $599,990
6 photos
4470 Kingston Rd, Suite 936 Sq Ft Westhill $599,990 Condominium 936 sq. ft. 2 2
Condos for Sale in Downtown Core, Trenton, Ontario $600,000
2 photos
155 Dundas St E, Suite 619 Sq Ft Downtown Core $600,000 Condominium 619 sq. ft. 1 1 Trenton
Condos for Sale in Lytton Park, Toronto, Ontario $600,000
9 photos
2360 Yonge St, Suite 573 Sq Ft Lytton Park $600,000 Condominium 573 sq. ft. 1 + Den 1 Toronto
Condos for Sale in Waterfront Toronto, Toronto, Ontario $602,000
7 photos
35 Grand Magazine St, Suite 465 Sq Ft Waterfront Toronto $602,000 Condominium 465 sq. ft. 1 1 Toronto
Condos for Sale in Entertainment District, Toronto, Ontario $605,000
14 photos
329 King St W, Suite 452 Sq Ft Entertainment District $605,000 Condominium 452 sq. ft. 1 1 Toronto
Condos for Sale in Moss Park, Toronto, Ontario $609,000
11 photos
93 Berkeley St, Suite 550 Sq Ft Moss Park $609,000 Condominium 550 sq. ft. 1 1 Toronto
Condos for Sale in Fairview, Mississauga, Ontario $620,000
4 photos
24 Elm Dr W, Suite 765 Sq ft Fairview $620,000 Condominium 765 sq. ft. 2 2 Mississauga
Condos for Sale in Cabbagetown, Toronto, Ontario $626,000
9 photos
159 Wellesley St E, Suite 631 Sq Ft Cabbagetown $626,000 Condominium 631 sq. ft. 1 1 Toronto
Condos for Sale in Bayview/Steeles, Toronto, Ontario $632,340
4 photos
3237 Bayview Ave, Suite 753 SqFt Bayview/Steeles $632,340 Condominium 753 sq. ft. 2 2 Toronto
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.


List Your Assignment


Please complete and submit the following Online Assignment form.  All information you provide is secure and will be kept strictly confidential.

   
First Name: 
Last Name: 
Email: 
Phone: 
Address: 
Postal/Zip Code: 
Year Built: 
Size: 
Bedrooms: 
Bathrooms: 
Half Bathrooms: 
Has Suite: 
Garage: 
 
 
Basement Type: 
Development:
Notes: 
Please describe any special features and recent upgrades.
(e.g. age of carpet & lino, type of kitchen cabinets, property backs park, major renovations in recent years)
* * Maximum of 1000 characters

When are you planning to move?
Required Field