Condo Assignment Sales - Everything You Need to Know!

BUY AN ASSIGNMENT

 SELL YOUR ASSIGNMENT

 


CONDO ASSIGNMENT

DEFINITION
The assignment (somehow a sale) of the right to purchase a property.  Specifically, it can be the transfer of a contract to purchase, before occupancy. After occupancy, the property can be sold and is classified as a 'resale'.

WHY ASSIGN AND NOT SELL?
The City has not given the permission for Occupancy yet. It cannot be a sold using conventional methods.

EXAMPLE
A Buyer just bought a new Condo. The Builder has given the Buyer the RIGHT TO ASSIGN the unit (sell the agreement) to another Buyer. This may happen for various reasons:

  • Buyer must sell
  • Buyer wishes to take out equity
  • Property appreciated and Buyer wishes to re-invest appreciation 
  • Market outlook looks bad

TODAY'S REAL ESTATE MARKET
Many have taken advantage of the 'good times' and have been 'flipping condos' for investment purposes. Many clients have bought over and over only to be MORTGAGE FREE today.

It is an art to flip condos before they are built. This form of investment is not for the faint-of-heart. You need a knowledgeable real estate agent with financing capabilities to get into the game.

You are advised as to the builders, their success and mentality, the areas, why some are good buys and why others are not...

CONDO MARKET OUTLOOK - INDICATORS
Toronto's Real Estate market appears to be able to hold and re-sell the units at least up to 2011.

  • Toronto's condo market is being fueled by wealthy young professionals
  • They do not wish to travel hours to work
  • They are usually single or maybe couples
  • Many buyers are retired and love the downtown living
  • Toronto's downtown core is revitalizing and becoming more vibrant and fun
  • Toronto's economy is stronger than ever and will continue to attract people wanting to live in Toronto
  • Toronto as per the Toronto Board of Trade will become a city of 16.5 Million by 2031. Where will they fit?

TIPS & TRICKS
>> Not all Builders allow assignment sales. Find out if the builder allows for assignment sales before you purchase. Find out if they are giving a discount...

>> You may sell your unit at a higher price! Consult with a New Condo Specialist, like our team, for accurate pricing

>> The Assignment Fee can be negotiated and passed to the Buyer! Work with A Tough Negotiator!

>> List your property with us, where your unit's visibility is GUARANTEED!

>> Buy Your units early to save on Assignment Fees and to Maximize Your Benefit!

>> Work with agents that specialize in New Condos and participate in VIP Pre-Construction Previews.

LIST YOUR ASSIGNMENT HERE

CONCLUSION

Stay ahead of the pack! Diversify your Investment and buy yourself a New Condo. You can see your investment appreciate over a short period of time. Units may sell from $20,000 more in a week to over $250,000 2 years later! No Bank Interest account can beat that!

Don't listen to doomsday speakers, living in the past when the condo market was the first to suffer!

Don't let them keep you from doing what's right! Do yourself a favor... and start investing!

 


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PhotoAddressLocationNeighborhoodPriceTypeSizeBedsBathsCity
Condos for Sale in Waterfront Communities, Toronto, Ontario $1
20 photos
158 Front St E, Suite 519 Sq Ft Waterfront Communities $1 Condominium 519 sq. ft. 1 1 Toronto
Condos for Sale in Brantford, Ontario $417,900
4 photos
7 Erie Ave, Suite 545 Sq Ft Brantford $417,900 Condominium 545 sq. ft. 1 1 Brantford
Condos for Sale in Beasley, Hamilton, Ontario $454,900
3 photos
121 King St E, Suite 610 Sq Ft Beasley $454,900 Condominium 610 sq. ft. 1 1 Hamilton
Condos for Sale in Brantford, Ontario $467,900
4 photos
7 Erie Ave, Suite 572 Sq Ft Brantford $467,900 Condominium 572 sq. ft. 1 + Den 1 Brantford
Homes for Sale in Stanley Avenue, Niagara Falls, Ontario $490,000
3 photos
4263 Fourth Ave, Suite 782 Sq Ft Stanley Avenue $490,000 Residential 782 sq. ft. 2 2 Niagara Falls
Condos for Sale in Regent Park, Toronto, Ontario $500,000
11 photos
130 River St, Suite 447 Sq Ft Regent Park $500,000 Condominium 447 sq. ft. 1 1 Toronto
Condos for Sale in Kitchener, Ontario $540,000
7 photos
32 Duke St E , Suite 407 Sq Ft Kitchener $540,000 Condominium 407 sq. ft. 1 1 Kitchener
Condos for Sale in Swansea, Toronto, Ontario $569,000
8 photos
1926 Lake Shore Blvd W, Suite 460 Sq Ft Swansea $569,000 Condominium 460 sq. ft. 1 1 Toronto
Homes for Sale in Henry Farms, Toronto, Ontario $620,000
8 photos
36 Forest Manor Rd, Suite 606 Sq Ft Henry Farms $620,000 Residential 606 sq. ft. 1 1 Toronto
Condos for Sale in Danforth, Toronto, Ontario $623,888
8 photos
2359 Danforth Ave, Suite 467 Sq Ft Danforth $623,888 Condominium 467 sq. ft. 1 1 Toronto
Condos for Sale in The Beaches, Toronto, Ontario $688,888
15 photos
95 Lake Shore Blvd E, Suite 466 Sq Ft The Beaches $688,888 Condominium 466 sq. ft. 1 1 Toronto
Homes for Sale in Bobcaygeon, City of Kawartha Lakes, Ontario $700,000
2 photos
49 West St, Suite 1200 Sq Ft Bobcaygeon $700,000 Residential 1,200 sq. ft. 3 2 City of Kawartha Lakes
Condos for Sale in Kennedy Park, Toronto, Ontario $700,000
9 photos
615 Kennedy Rd, Suite 735 Sq Ft Kennedy Park $700,000 Condominium 735 sq. ft. 2 + Den 2 Toronto
Condos for Sale in Parkwoods, Toronto, Ontario $720,000
7 photos
1215 York Mills Rd, Suite 690 sq ft Parkwoods $720,000 Condominium 690 sq. ft. 1 + Den 1 Toronto
Condos for Sale in Liberty Village, Toronto, Ontario $740,000
7 photos
1221 King St W, Suite 613 Sq Ft Liberty Village $740,000 Condominium 613 sq. ft. 1 + Flex 1 Toronto
Condos for Sale in Clanton Park, Toronto, Ontario $770,000
3 photos
500 Wilson Ave, Suite 713 Sq Ft Clanton Park $770,000 Condominium 713 sq. ft. 3 2 Toronto
Homes for Sale in Clanton Park, Toronto, Ontario $780,000
12 photos
500 Wilson Ave, Suite 765 SQ FT Clanton Park $780,000 Residential 765 sq. ft. 3 2 Toronto
Condos for Sale in  Willowdale East, Toronto, Ontario $798,888
28 photos
70 Byng Ave, Suite 29 Willowdale East $798,888 Condominium 2 3 Toronto
Condos for Sale in Yonge and Eglinton, Toronto, Ontario $820,000
7 photos
2114 Yonge St, Suite 626 Sq Ft Yonge and Eglinton $820,000 Condominium 626 sq. ft. 1 + Den 1 Toronto
Condos for Sale in Willowdale, Toronto, Ontario $848,880
10 photos
15 Holmes Avenue, Suite 638 Sq Ft Willowdale $848,880 Condominium 638 sq. ft. 1 + Den 2 Toronto
Condos for Sale in City Centre, Mississauga, Ontario $850,000
8 photos
460 Burnhamthorpe Rd W, Suite 902 Sq Ft City Centre $850,000 Condominium 902 sq. ft. 2 + Den 2 Mississauga
Homes for Sale in Allanburg, Thorold, Ontario $850,000
2 photos
Allanburg, Suite 2069 Sq Ft Allanburg $850,000 Residential 2,069 sq. ft. 4 2 + half Thorold
Condos for Sale in Old Toronto, Toronto, Ontario $896,500
7 photos
81 Shuter St, Suite 584 Sq Ft Old Toronto $896,500 Condominium 584 sq. ft. 1 + Flex 1 Toronto
Homes for Sale in Painswick, Barrie, Ontario $899,000
3 photos
Yonge St & Mapleview Dr E, Suite 1237 Sq Ft Painswick $899,000 Residential 1,237 sq. ft. 3 2 Barrie
Condos for Sale in River Oaks, Oakville, Ontario $900,000
9 photos
509 Dundas St W, Suite 999 Sq Ft River Oaks $900,000 Condominium 999 sq. ft. 2 + Den 2 Oakville
Condos for Sale in Concord, Vaughan, Ontario $949,900
7 photos
2901 Rutherford Rd, Suite 740 Sq Ft Concord $949,900 Condominium 740 sq. ft. 2 2 Vaughan
Condos for Sale in Parkwoods, Toronto, Ontario $988,888
10 photos
1215 York Mills Rd, Suite 946 Sq Ft Parkwoods $988,888 Condominium 946 sq. ft. 3 2 Toronto
Homes for Sale in Mapleview East, Barrie, Ontario $1,025,000
2 photos
970 Mapleview Dr E, Suite 1664 Sq Ft Mapleview East $1,025,000 Residential 1,664 sq. ft. 3 2 Barrie
Condos for Sale in Port Credit, Mississauga, Ontario $1,075,000
9 photos
70 Mississauga Rd S, Suite 873 Sq Ft Port Credit $1,075,000 Condominium 873 sq. ft. 2 + Den 2 Mississauga
Homes for Sale in Simcoe/Conlin, Oshawa, Ontario $1,098,000
4 photos
1569 Simcoe St N, Suite 1700 - 2000 Sq Ft Simcoe/Conlin $1,098,000 Residential 1,700 sq. ft. 4 3 Oshawa
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