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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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify 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!

 


PhotoAddressLocationNeighborhoodPriceTypeSizeBedsBathsCity
Condos for Sale in Beamsville, Lincoln, Ontario $484,900
4 photos
4514 Ontario St, Suite 808 Sq Ft Beamsville $484,900 Condominium 808 sq. ft. 1 1 Lincoln
Condos for Sale in Beamsville, Lincoln, Ontario $519,900
4 photos
4514 Ontario St, Suite 926 Sq Ft Beamsville $519,900 Condominium 926 sq. ft. 2 2 Lincoln
Homes for Sale in Pleasant View, Toronto, Ontario $625,990
5 photos
906 Victoria Park Ave, Suite 600 Sq Ft Pleasant View $625,990 Residential 600 sq. ft. 1 1 Toronto
Condos for Sale in Henry Farms, Toronto, Ontario $633,900
1 photos
Don Mills Rd & Sheppard Ave E, Suite 606 Sq Ft Henry Farms $633,900 Condominium 606 sq. ft. 1 + Den 1 Toronto
Homes for Sale in Edenbridge, Toronto, Ontario $645,000
4 photos
293 The Kingsway, Suite Etobicoke Edenbridge $645,000 Residential 585 sq. ft. 1 + Den 1 Toronto
Condos for Sale in Waterfront Communities, Toronto, Ontario $679,900
4 photos
99 John Street, Suite 570 Sq Ft Waterfront Communities $679,900 Condominium 570 sq. ft. 1 1 Toronto
Homes for Sale in Welland, Ontario $689,900
2 photos
281 S Pelham Rd, Suite 1366 Sq Ft Welland $689,900 Residential 1,366 sq. ft. 3 3 Welland
Condos for Sale in Niagara, Toronto, Ontario $695,000
6 photos
65 Grand Magazine Street, Suite 465 Sq Ft Niagara $695,000 Condominium 465 sq. ft. 1 1 Toronto
Condos for Sale in Beamsville, Lincoln, Ontario $699,900
4 photos
4514 Ontario St, Suite 1045 Sq Ft Beamsville $699,900 Condominium 1,045 sq. ft. 2 2 Lincoln
Condos for Sale in Swansea, Toronto, Ontario $708,888
10 photos
1926 Lake Shore Blvd W, Suite 770 Sq Ft Swansea $708,888 Condominium 770 sq. ft. 1 + Den 2 Toronto
Condos for Sale in Waterfront Communities, Toronto, Ontario $730,000
7 photos
520 Richmond Street West, Suite 575 Sq Ft Waterfront Communities $730,000 Condominium 575 sq. ft. 1 + Den 1 Toronto
Homes for Sale in Greenfield, Cambridge, Ontario $760,000
5 photos
Northumberland St & Greenfield Rd, Suite 1715 Sq Ft Greenfield $760,000 Residential 1,715 sq. ft. 3 2 + Half Cambridge
Homes for Sale in Eglinton East, Toronto, Ontario $769,000
5 photos
2787 Eglinton Ave E, Suite 1073 Sq Ft Eglinton East $769,000 Residential 1,073 sq. ft. 3 2 + Half Toronto
Homes for Sale in Kingsville, Ontario $799,900
8 photos
Lot 13 Villa Canal DR, Suite 2470 Sq Ft Kingsville $799,900 Residential 2,470 sq. ft. 4 2 + Half Kingsville
Homes for Sale in Niagara Falls, Ontario $799,900
4 photos
Garner Rd & McLeod Rd, Suite 2050 sq ft Niagara Falls $799,900 Residential 2,050 sq. ft. 3 2 + Half Niagara Falls
Condos for Sale in Parkwoods, Toronto, Ontario $800,000
8 photos
1215 York Mills Rd, Suite 856 Sq Ft Parkwoods $800,000 Condominium 856 sq. ft. 2 2 Toronto
Condos for Sale in Mimico, Toronto, Ontario $835,000
8 photos
38 Annie Craig Dr, Suite 642 Sq Ft Mimico $835,000 Condominium 642 sq. ft. 2 1 Toronto
Homes for Sale in Donevan , Ontario $939,900
5 photos
250 Harmony Rd S, Suite 1750 Sq Ft Donevan $939,900 Residential 1,750 sq. ft. 3 2 + Half
Homes for Sale in innisfill, Innisfil, Ontario $1,200,000
1 photos
2185 Grainger Loop, Suite 2577 Sq Ft innisfill $1,200,000 Residential 2,577 sq. ft. 4 4 Innisfil
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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify 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.

   
 
 
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