We live
in a city condo, so one barely fits!
Whatever your lifestyle is, or wherever
in the city your condo is located, Sharp Insurance is here to find you the right coverage for you needs.
Not exact matches
It's just the latest
in a string of disputes
in recent months involving
condo residents, owners, boards and property managers that have highlighted some of the downsides of
condo life, even as scores of cranes erect new glass towers
in Canada's largest
city.
In Canada's biggest
cities,
condos were the source of new rental units for a long time.
Austin, Texas, is one of the fastest - growing
cities in the US, and soon a new
condo building called The Independent will dominate its skyline.
On the other hand, critics have blamed the Aussie rules for contributing to a boom
in unsightly
condo towers aimed at foreign investors while doing little to bring sky - high house prices
in cities like Sydney and Melbourne back down to Earth.
In Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealt
In Vancouver, according to
condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales
in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealt
in the
city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealth.
When commission and closing costs, maintenance, moving and other expenses are added up, the sum can easily eclipse any equity amassed
in that short time — even
in a
city with a skyrocketing
condo market.
The
city saw a 42 % jump
in the number of newly registered
condos during the first quarter of 2015, according to research firm Urbanation.
A somewhat dated but solid four - bedroom will cost less than a
condo in the
city centre.
International migrants are another factor, and
condos remain the only affordable option for first - time buyers
in those
cities.
The
City of Vancouver has moved to take over the Olympic Village — now a struggling luxury
condo project — and place it
in receivership
in hopes of recouping some of the $ 740 million
in taxpayer funds invested
in the project.
Paying for all of the costs associated with a detached home
in the Vancouver area requires 121 per cent of median household income; for a
condo, it's 46 per cent of income, making it Canada's least affordable
city, according to economists at the Royal Bank of Canada.
In Toronto, information on foreign buyers is more scarce, although a report from Canada Mortgage and Housing Corporation in April pegged the rate of foreign ownership in the city's condo market at 3.3 per cen
In Toronto, information on foreign buyers is more scarce, although a report from Canada Mortgage and Housing Corporation
in April pegged the rate of foreign ownership in the city's condo market at 3.3 per cen
in April pegged the rate of foreign ownership
in the city's condo market at 3.3 per cen
in the
city's
condo market at 3.3 per cent.
But for those who are primarily looking for a downtown experience (or to perhaps spend part of their week
in the
city), McQueen points out that
condos have become an increasingly important part of the luxury market.
White also owns a
condo in Park
City, Utah and a penthouse
in New York
City's East Village, bought
in 2008 for $ 1.9 million, according to Variety.
And with giant new
condo towers sprouting up
in every corner of the
city, those numbers are likely to grow.
Few single - family homes are being built
in the
city today, which means young families will have to turn to
condos.
Following years of increasing employment and wealth driving up rent and property prices
in San Francisco and surrounding
cities, demand for luxury housing appears to be on the decline and housing and
condo price appreciation have «basically plateaued,» according to Paragon Real Estate Group.
In Panama
City's central Parque Lefevre neighborhood, where many middle - class Panamanian professionals make their homes, a two - bedroom
condo — with a balcony, a newly remodeled kitchen with granite countertops, and all appliances and window treatments included — is selling for just $ 122,000.
The opportunity then was to buy a small, luxury
city condo in a premium neighborhood.
For the most part, the aging demographic prefers larger, well - appointed homes
in tony neighbourhoods, but is also increasingly purchasing luxury
condos in major
cities such as Toronto, Vancouver, Calgary and Montreal.
The
city's first
condo costing more than $ 100 million, which sold
in the last few weeks at the new luxury tower One57, had property taxes this past year of $ 17,268, according to the
city's finance office.
More than 675 luxury
condo units are formally listed for sale at a minimum price of at least $ 1 million
in the barrier island
city of Miami Beach
in the South Florida county of Miami - Dade, according to a new report from
Condo Vultures ® Realty LLC.
Squeezing New York
City condo developers further is the fact that many of the active players
in the construction lending space have been alternative lenders that charge higher rates.
With vacancy rates shrinking and rents climbing, developers see a safe bet
in a
city with a lot of
condos, but not a lot of offices
The survey of 75
cities in 27 countries detailing the average - price - per - square - foot (APPSF) for a home found that generally, the PPSF is higher for a
condo than for a single - family home.
The first few months of 2016 also saw the third and fourth most expensive retail
condo sales
in the
city's history — 139 Spring Street to Invesco for $ 25,843 per square foot and 106 Spring Street to the Carlyle Group for $ 17,559 per square foot, according to RCA.
If that keeps up, it would be good news for those economists and market watchers who believe that too many
condos are going up
in the country's most populous
city (
in the last year the central bank has highlighted the potential risks that the rising supply of
condos poses to Canada's housing market and broader economy).
Well, I'd say demographics are part of it: those big
city condos suit retiring boomers, and also suit the twentysomethings (the latter of which have been growing
in numbers over the past few years) so there is some natural growth that comes from that.
The
condo market is thriving
in every
city in Canada, and many people are investing
in condos in Griffintown
in Montreal, or various neighbourhoods
in Toronto and Vancouver.
Economists and policy - makers are keeping a close eye on
condos, especially
in the country's most populous
city, where cranes dot the sky.
We know developers are targeting seniors as
condo market
in cities are dwindling...
Condos are being sold at almost the same price even
in middle of nowhere
in Canada where land is practically «free» (not even that long ago).
Condos with shiny billboards proclaiming «
In the
city, life is busy.»
The average price of a
condo in the
city of Toronto was $ 366,532 while one
in the outlying areas known as the «905» region after the local telephone area code, is priced at $ 288,604.
All five
cities saw increases
in both
condo and existing home prices
in -LSB-...]
Trading
in the three - bedroom home for a low - upkeep
city condo provides more opportunities for enjoying the retirement years.
«Because of the amount of construction that's been done, I have noticed banks will simply say «I have too much exposure on this product
in this area of the
city»,» Kapahi said, cautioning that he hasn't noticed a marked slowdown
in condo lending over the past twelve months.
Search for your
city, neighborhood or zip code to see a customized list of the some of the best new and pre-construction
condos in South Florida, complete with gorgeous pictures and all the details you need to choose the perfect one for you.
The world will progress just fine (even better) and scientific achievements will accelerate like nobody's business once Vatican
City gets turned
in to
condos around 2050.
Being able to buy a castle for the price of a small
condo in New York
City, a full building and maybe proximity to family given the large number of players that were born within a few hundred miles of here.
She is a
city mama who does not have room
in her
condo for a full - on nursery, but confesses that she is addicted to the site Javis Davis.
The hospital was replaced with a nearly - 200 unit
condo development and the outrage contributed to
City Council Speaker Christine Quinn's loss
in the 2013 Mayoral election.
Despite declining median middle class incomes, for instance, the report shows that housing costs continue to rise
in the
city, with rents up by more than 6 percent and
condos up a whopping 47 percent since 2001.
, for instance, the report shows that housing costs continue to rise
in the
city, with rents up by more than 6 percent and
condos up a whopping 47 percent since 2001.
It was among the least controversial measures before the Council today — which included two major land use projects, the creation of
condos at the graffiti mecca 5Pointz
in Long Island
City and the creation of mixed use developments
in blighted Willet's Point, Queens.
Manhattan Borough President Gale Brewer said she thinks those who are unfairly targeted by the
city's property tax are middle - class co-op and
condo owners and renters
in multifamily buildings — due to the higher taxes their landlords pay.
A special provision was added for Forest
City, which allowed the affordable requirement to apply
in the aggregate to the project's 16 buildings, meaning some of the buildings benefitting would be luxury
condos.
But, the discrepancies between the two Classes for owners and renters verses
condos and coops, is very significant, and something we need to address, and recognize the significance of
condo and coop owners
in this
city.
A top aide to de Blasio tried to arrange «knowingly false» testimony under oath at a NYC Council hearing to hide
City Hall's role
in a botched deed restriction that allowed a nursing home to become luxury
condos, a lawsuit alleges.