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Home Leader Realty Inc.

 

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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 Scarborough, Toronto, Ontario $399,900
10 photos
30 Meadowglen Pl, Suite 548 Sq Ft Scarborough $399,900 Condominium 548 sq. ft. 1 + Den 1 Toronto
Condos for Sale in York University Heights, Toronto, Ontario $470,000
4 photos
10 De Boers Drive, Suite 520 Sq Ft York University Heights $470,000 Condominium 520 sq. ft. 1 + den 2 Toronto
Condos for Sale in Kitchener, Ontario $485,000
5 photos
103 Roger St, Suite 580 Sq Ft Kitchener $485,000 Condominium 580 sq. ft. 1 1 Kitchener
Condos for Sale in Woodbridge 
, Toronto, Ontario $495,000
8 photos
7082 Islington Ave, Suite 450 Sq Ft Woodbridge $495,000 Condominium 450 sq. ft. 1 1 Toronto
Homes for Sale in Eglinton/Mississauga Road, Mississauga, Ontario $577,000
4 photos
8 Nahani way Mississauga, Suite 1901 Eglinton/Mississauga Road $577,000 Residential 693 sq. ft. 2 2 Mississauga
Condos for Sale in Scarborough, Toronto, Ontario $619,990
7 photos
4470 Kingston Road, Suite 936 Sq Ft Scarborough $619,990 Condominium 936 sq. ft. 2 + den 2 Toronto
Condos for Sale in Liberty Village, Toronto, Ontario $628,300
11 photos
30 Ordnance St, Suite 601 Sq Ft Liberty Village $628,300 Condominium 601 sq. ft. 1 1 Toronto
Condos for Sale in Spadina/Fort York, Toronto, Ontario $678,888
7 photos
65 Grand Magazine St Toronto, Suite 465 Sq Ft Spadina/Fort York $678,888 Condominium 465 sq. ft. 1 1 Toronto
Condos for Sale in Etobicoke, Toronto, Ontario $688,888
8 photos
1926 Lake Shore Boulevard West, Suite 770 Sq Ft Etobicoke $688,888 Condominium 770 sq. ft. 1 + den 2 Toronto
Condos for Sale in Mimico, Toronto, Ontario $699,000
15 photos
65 Annie Craig Drive, Suite 627 Sq Ft Mimico $699,000 Condominium 627 sq. ft. 1 + den 1 Toronto
Condos for Sale in The Beaches, Toronto, Ontario $699,990
15 photos
95 Lake Shore Blvd E, Suite 466 Sq Ft The Beaches $699,990 Condominium 466 sq. ft. 1 1 Toronto
Condos for Sale in Waterfront Communities, Toronto, Ontario $719,000
7 photos
452 Richmond St W, Suite 526 Sq Ft Waterfront Communities $719,000 Condominium 526 sq. ft. 1 1 Toronto
Homes for Sale in Red Hill, Hamilton, Ontario $720,000
4 photos
Albright Rd & Mount Albion Rd, Suite 1335 Sq Ft Red Hill $720,000 Residential 1,335 sq. ft. 3 2 Hamilton
Condos for Sale in Swansea, Toronto, Ontario $723,800
10 photos
1926 Lake Shore Blvd W, Suite 770 Sq Ft Swansea $723,800 Condominium 770 sq. ft. 2 2 Toronto
Condos for Sale in Roncesvalles, Toronto, Ontario $779,900
6 photos
422 Roncesvalles Ave, Suite 647 Sq Ft Roncesvalles $779,900 Condominium 647 sq. ft. 1 + 1 Toronto
Homes for Sale in Welland, Ontario $799,000
2 photos
Forks Rd & Crescent Dr, Suite 2619 Sq Ft Welland $799,000 Residential 2,619 sq. ft. 4 4 Welland
Condos for Sale in Liberty Village, Toronto, Ontario $815,000
13 photos
30 ordnance St, Suite 752 Sq Ft Liberty Village $815,000 Condominium 752 sq. ft. 2 + den 1 Toronto
Condos for Sale in Liberty Village, Toronto, Ontario $889,000
6 photos
30 ordnance St, Suite 841 Sq Ft Liberty Village $889,000 Condominium 841 sq. ft. 2 2 Toronto
Homes for Sale in Liberty Village, Toronto, Ontario $927,000
5 photos
30 ordnance St, Suite 1111 Liberty Village $927,000 Residential 868 sq. ft. Toronto
Homes for Sale in Barrie, Ontario $955,000
3 photos
70 Mapleview Dr E, Suite 2237 Sq Ft Barrie $955,000 Residential 2,237 sq. ft. 4 2 + Barrie
Homes for Sale in Barrie, Ontario $979,000
4 photos
70 Mapleview Dr E, Suite 2630 Sq Ft Barrie $979,000 Residential 2,630 sq. ft. 4 5 Barrie
Condos for Sale in Alexandra Park, Toronto, Ontario $980,000
22 photos
80 Vanauley St, Suite 984 Sq Ft Alexandra Park $980,000 Condominium 984 sq. ft. 2 3 Toronto
Homes for Sale in Barrie, Ontario $999,000
5 photos
Mapleview Dr E & Yonge St, Suite 2630 Sq Ft Barrie $999,000 Residential 2,630 sq. ft. 4 5 Barrie
Condos for Sale in Liberty Village, Toronto, Ontario $1,050,000
11 photos
50 Ordnance St, Suite 921 Sq Ft Liberty Village $1,050,000 Condominium 921 sq. ft. 2 2 Toronto
Homes for Sale in Barrie, Ontario $1,150,000
4 photos
Mapleview Dr E & Yonge St, Suite 2543 Sq Ft Barrie $1,150,000 Residential 2,543 sq. ft. 5 3 Barrie
Homes for Sale in Brampton Northwest, Brampton, Ontario $1,300,000
2 photos
Chinguacousy Rd & Mayfield Rd, Suite 2181 Sq Ft Brampton Northwest $1,300,000 Residential 2,181 sq. ft. 4 2 + Half Brampton
Homes for Sale in Banbury/Don Mills, Toronto, Ontario $1,450,000
5 photos
15 Mallow Rd, Suite 3501 Sq Ft Banbury/Don Mills $1,450,000 Residential 3,501 sq. ft. 3 3 Toronto
Condos for Sale in Roncesvalles, Toronto, Ontario $1,479,900
6 photos
422 Roncesvalles Ave, Suite 1125 sqft Roncesvalles $1,479,900 Condominium 1,125 sq. ft. 2 + 2 Toronto
Condos for Sale in Oakville, Ontario $1,650,000
3 photos
Burnhamthorpe Rd E & Sixth Line, Suite 2,767 Sq Ft Oakville $1,650,000 Condominium 2,767 sq. ft. 4 4 Oakville
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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