Great news for all the Murano Condo Owners out there!

I was handling some business in the North Tower the other day and saw the bright pink notices announcing the registration of the Condo with the City!!! For one, this means no more “phantom mortgage” fees; it also means you’ll able to sell your unit on the open market (MLS) instead of only through assignment! According to the memo, closings won’t happen until the New Year (2010), so now would be a great time to contact your lawyer and sort out final closing arrangements…especially if you where thinking of splurging on holiday gifts ;)

Suite owners who bought in when the project originally launched can expect substantial increases. The big question on everyone’s mind is: How Much! I’m quite familiar with floor plans, amenities and the overall building as I’m usually in the building a few times a week. If you would like to know how much your unit is worth,give me a call or send me an email…I’d love to help!

With the Bank of Canada keeping rates low until mid 2010, it makes it a great time for the buyers who’ve had their eyes set on Murano to make the move…pun intended!

Related posts:

1. Condo for Sale at the Murano in Toronto
2. ART Condo Releases Floor Plans
3. 500 St Clair Now Registered