Factors to Consider when Looking for new condos in Toronto and the GTA

If you’re currently looking for a condo in Toronto or the GTA, it’s important to be well prepared before renting or purchasing your unit. Your condo is a massive investment which requires a lot of time, patience, and the right mindset. Living in Toronto will give you easy access to award-winning restaurants, world-renowned cultural institutions, and exciting attractions. Today, let’s take a look at the most important Factors to Consider when Looking for new condos in Toronto and the GTA.


Determine your Budget

In 2015, the condo market in Toronto has seen a dramatic increase in price due to its high demand. This is why it’stown vital to determine your budget from the very beginning. Planning a specific budget for your upcoming purchase will ensure that you’ll have the appropriate financial means to sustain it.

It is always recommended to consult a financial advisor who will be able to guide you regarding the most suitable mortgage you’re qualified.

Check the owner to renter ratio

One of an essential factors to consider which most people forget to check is the owner to renter ratio. Owners are usually more caring about their units and other common areas within the building. Renters who are usually students or young professionals are more carefree about their living environment. Learning about the demographics of the building will give you an idea of how comfortable you’ll be while living there.

Scan the neighborhood

Choosing a condo doesn’t only involve the unit itself. It also includes the community surrounding it. It’s important to visit different establishments within the area so that you’ll get a feel of what it’s like to live there. It’s always recommended to visit at various times of the day so that you can learn about potential traffic problems or safety issues. Ensure that the condo has essential services near the area such as banks, dry cleaning and grocery stores.


propertyLearning about the maintenance fees and property taxes will help ensure that the expenses will fit your budget. Some condo units may offer lower rates compared to others, but it may only include basic utilities.

The building may also be incorporating a strategy wherein they’ll only be collecting low fees at the beginning but will eventually increase them significantly in the next few years. This is why it’s vital to double check the policies and regulations of the building before purchasing your unit.



Reasons for Hiring Virtual Assistants

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Business flexibility

You can be busy in administrative tasks that you forget all about the customer service department. It is possible Business when you are the only one doing everything in your business. However, you can get a virtual office assistant to help you out with some of the tasks.

You can hire a virtual assistant to handle the customer care. Besides, given that virtual assistants work in different time zones, your clients will get attended as they come. In doing that, you are guaranteed of everything going smooth in your business. Therefore, you get time to spend with your family members.

Cost effective

At times, all you need is just someone who can handle your tasks at a reduced cost. The virtual assistant works with your schedule. You will be able to cut back on overtime since the assistant will do everything that you require. Additionally, you do not have to worry about overhead costs such as benefits, office space, and vacation. Hiring a virtual assistant is also cost effective because you can delegate just the tasks that you want to be completed. Furthermore, virtual assistants are responsible for their expenses.

Reduce training expenses

When you hire a full-time employee, you have to put aside money for training. However, hiring a virtual assistant saves you training costs. You get someone who is qualified and can do the work you want. Hiring virtual assistants allow you to increase productivity because the employees are paid once they complete the work.

Improve efficiency

folderYou can get work done quickly and at reduced costs. Most virtual assistants are usually paid per hour. As such, they are paid once then complete the job. It differs from having a full-time employee who you have to pay the hourly wage for the required 8 hours whether they are productive or not.

Furthermore, in-house employees can only account for about 90 minutes of their time in a day. Virtual assistants are also trained thus reducing the training time and training expenses.…