A few weeks back, you may remember me blogging about a seminar by Street Car Developments… Originally I had thought it was open to all to attend, but for that particular event it is was Realtors only. On Monday, I attended the hour long seminar as Jeanhy Shim crunched the numbers and gave us an optimistic look on the downtown condo market!
One key point she mentioned was in regards to the diversity and flexibility of condominium units as a housing style. Condos are often the housing ‘type’ of choice for the first timer buyer. On the other end of the spectrum, a condo can also be highly desirable for seniors and empty nesters looking to downsize! In short, the condominium product caters to 2 of the biggest “types” of purchasers making it a very versatile investment!
I had an “a-haa moment” as Jeanhy shared her point. I often find myself discussing (or rather arguing) on the topic of how Condo living is not a fad, and is here to stay! The chart below should help to put that topic to rest!
Of course, a lot more info was shared during the presentation…and if you’re not an agent but would have liked to attend, don’t worry, your chances are coming up! On Sunday July 25th 2:00-3:30pm, Wednesday August 11th and Wednesday August 25th from 6:00-7:30pm they’ll be having similar talks! These seminars will be more geared towards the “In’s and Out’s” of buying preconstruciton with a heavy emphasis on why the East end is the “next big thing”!
The seminar will be held at the Streetcar Presentation Centre (625 Queen St E) or Edge Lofts for those that are familiar with the area! Be sure to RSVP with the number above…and if you’re thinking of buying in the East end, give me a call I’d love to help!
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http://www.homesourcetoronto.com Afshan Safarian













