Wednesday, April 2, 2025 / by Matthew Daniel Tamburello
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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Wednesday, February 21, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
With Valentine’s Day in the rearview and the spring real estate blitz. This got us thinking about the similarities between dating and residential real estate: there are many!
Whether swiping for your next date or searching for the home of your dreams, technology has made both of these types of searches much easier, but also much more complicated.
So, whether you’re looking for your forever match — or for your forever home — the approach is pretty similar. In love and real estate, these eternal truths should be top of mind:
Fear of commitment — Buying a home, just like starting a relationship, involves a certain level of commitment. Like dating, homebuyers should know how much time they’re willing to invest searching for their next home. Fast flames burn quickly — make sure the love for your ho. ...
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Monday, May 15, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
In this ever-changing real estate market, investing in a pre-construction condo still remains a lucrative long-term opportunity. When you look beyond the quick wins of flipping property, holding the property for the long haul and having a tenant pay off your mortgage can create passive income for you well into your retirement years. Or, if you are a first-time buyer and are hesitant to get into the market now with interest rates on the rise, buying now to move in 3-5 years from now when mortgage rates normalize is also a great option.
Here are the top 5 reasons to invest in pre-construction properties:
1) Pass the current market cycle: With inflation at an all time high in Canada, the Bank of Canada has elected to increase interest rates to help control the rising rate of inflation. This has driven home prices down between 20-30% in some markets as buyers’ affor. ...
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