Best Communities To Live In | Trinity Real Estate Consultants Blog

Wednesday, April 30, 2025   /   by Matthew Daniel Tamburello

HomeBuyers, HomeSellers & Investors: How Much Does It Cost to Buy an Apartment?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Stating that you want to buy an apartment can raise some eyebrows. You might even hear some people say that with the volatility of the current market, it’s not even possible, what with how in-demand housing is, and how much it can cost. 
In addition, if you were to search for triplexes and multiplexes, you’d notice that those properties for sale are entire buildings, not individual units. Ask listing agents, and most would offer you condos. So, before getting on to the cost of apartments, it would be best to clarify first how they differ from condos. After that, this article will address the relevant legalities in Toronto real estate. 
Difference Between Apartments and Condos
Many people think that the main difference between apartments and condos comes down to prestige and cost. People assume that apartments are . ...

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Wednesday, April 23, 2025   /   by Matthew Daniel Tamburello

HomeBuyers, HomeSellers & Investors: What Is The Average Condo Price?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
As of today’s date, a quick Google search will tell you the average cost of a one-bedroom condo in Toronto is $579,000. At that price, even if you had a 10% down payment, your monthly mortgage payments over a 20-year amortization would be about $2,700 a month.
Now that you’ve gotten the information you came for, let’s explore this a bit deeper, because of course, your situation is unique to you, and there will be some variables to consider when looking for your perfect condo.
In this article, we’ll breakdown what contributes to the average cost of a condo, and how you can adjust your preferences (and possibly lower your expectations) to find the condo of your dreams in Toronto.
Three Things That Effect the Price of Condos
Amenities
It goes without saying that there are some pretty amazing condo buildings poppi! ...

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Wednesday, April 16, 2025   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: How Much Does a Three-Bedroom Home Cost?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Living space, no doubt, is a premium – and a necessity for a growing family. In Toronto, the cost of a three-bedroom home is not exactly cheap compared to other cities in Ontario. Nevertheless, it may be worth considering as an investment due to the sustained rising prices of the real estate housing market.
There are only three things to think about as you look at 3-bedroom houses for sale in the city of Toronto:
1) Do you need three bedrooms?
2) Is the location a necessity?
3) Can you afford the downpayment, mortgage, and other fees?
First, the size of the property affects the price. 3-bedroom home is more costly than a 2-bedroom. For couples that are only starting a family, a 3-bedroom house may seem lavish but also practical in the long run. It is better to have space instead of being stuck in a small home as the household g. ...

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Wednesday, April 9, 2025   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: What is the Price of a Semi-Detached Home?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Semi-detached homes in Toronto remain a hot commodity, so the prices remain high. Such has been the case in pretty much all parts of Ontario for the past couple of years. Last March, the average selling price of houses was $1.09M, with semi-detached houses going for $1.04M. Of course, that depends on the size of the property and location, among others.
Housing Market at a Glance
According to the Toronto Real Estate Board, the total number of residential transactions in April 2021 was 13,663. It is a 362.1% increase over the same month a year ago. Meanwhile, the average selling price increased by 33% from $1,090,992 to $820,226 in the same period. Lastly, the number of listings increased by 237%, from 6,180 units to 20,825 units (“TRREB – Market Stats – Quick Overview”).
A couple of things that you can derive fro. ...

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Wednesday, April 2, 2025   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: Is It Better To Buy New Construction Or Existing Home?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
If you’re in the home buying market in Toronto, chances are pretty good you’re feeling a little overwhelmed with the decision as to whether you should buy new construction or an existing home. There’s quite a bit to think about, considering location, your budget, property taxes, trends in the market, and more. We all need a place to live, but we also want to know we’re making a good investment, both for our present situation and our future.
Reasons to Buy a House in Toronto Instead of Building One
First, let’s consider the obvious: It’s really convenient to buy an existing home instead of building one.
If you see a home you like, you can make an offer and often move in within a few months, giving you just enough time to have a killer yard sale and pack up the rest of your belongings.
It’s also. ...

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Trinity Real Estate Consultants
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Right at Home Realty, Brokerage

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