Condo BB (BaBy) Class Series

BB Class #3

Non-Resident Speculation Tax (NRST)
15% Extra Land Trasfer Tax

BB Class #2

The Greater Golden Horseshoe
Definition and Plans

BB Class #1

New Tenant Eviction Rule
Effective September 1, 2017

 
Seminar Series

What's going on with the Condo Market in 2017?

Please note that this seminar is conducted in Cantonese.

March 26, 2017

The condo market in Toronto has gone insane in 2017, long line-ups and bidding wars are simply common sense. What is going on? What are the factors driving a crazy market? What is the market outlook for the rest of 2017? We do not have a crystal ball to look into the future, but we can provide insights based on market research and analysis.
Here's the agenda of the seminar:

  1. Data Overview - 2016/2017
  2. Market Factors - Ups and Downs
  3. First Time Buyer, Investor and Developer Perspectives
  4. Top 5 Questions from Clients
  5. 2017 Pre-Construction Project Recommendations

CondoWong Appreciation Event at The Upper House in Hong Kong

Please note that this seminar is conducted in Cantonese.

December 11, 2016

We understand that many friends in Hong Kong are interested in investing in Toronto real estate, but you may feel lost and you don't know where to start, then this video is a must watch for you! In this event, we discussed everything you need to know about investing in Toronto from Hong Kong!
Here are some of the topics we discussed:

  1. Toronto is a very big city, which area should I invest in?
  2. Do I need to fly to Toronto to make the purchase?
  3. Can I get a mortgage for the property in Hong Kong?
  4. Is my deposit money protected?
  5. Can you manage the property for us?

Richmond Hill Townhouse Seminar

Please note that this seminar is conducted in Cantonese.

June 11, 2016

The housing market in Richmond Hill is currently red hot! We understand that looking for a townhouse in Richmond Hill with a budget from $600K to $800K can seem like an impossible task and the house hunting process can often lead to a lot of stress and disappointment. There are actually some very good picks within this price range, but it is true that there are not that many! Therefore, being selective and skillful are the key to success.
In this seminar, we will discuss:

  1. Is the asking price realistic?
  2. How to determine the fair market value of the property?
  3. How to be selective on realistic target properties?
  4. What is a good offer price to start the negotiation?
  5. The Do's and Don'ts in a bidding war

How to Choose a Reliable Condo Developer

February 7, 2016

We will discuss the 4 major factors we used to rate a developer.

  1. The developer’s history and track record.
  2. The financial status of the developer – When does construction actually start after the building goes on sale? Does the developer always complete their buildings on time?
  3. The Agreement of Purchase and Sale and the Final Closing Statements of Adjustments – Are there any pitfalls in the Purchase Agreement? Will you be surprised by hidden costs at final closing?
  4. The building quality and suite finishes.

How to Invest in Toronto Condos from Hong Kong

February 7, 2016

This video outlines a step by step procedure on how to invest in Toronto directly from Hong Kong, without the need of traveling to Toronto. Please note that this video is in Cantonese only.

  • 隔山買牛有風險?
  • 如何申請按揭?
  • 收樓時的費用?
  • 如何報稅?

Seminar - Closing Costs, HST Rebate and Condo Flipping

September 20, 2015

In this seminar, we will discuss some of the most commonly asked questions from condo investors by going through each and every item on a sample final closing statement of adjustments.

  • How much should I budget for closing costs?
  • Who is qualified to claim for an HST rebate?
  • If I gain a profit by flipping a condo, would it be considered as a capital gain or income?

Seminar - CondoWong's Most Recommended Condo Investment in 2015

May 3, 2015

In this seminar, we will study The Bartholomew Condos thoroughly and explain why it is our most recommended condo investment in 2015.

  • Why is buying condo in Toronto a popular investment choice?
  • A glance at the condo prices at different areas within downtown Toronto
  • The Regent Park Revitalization
  • Video site visit to The Bartholomew Condos
  • How do the re-sale statistics in Regent Park compare to other areas in downtown?
  • The purchasing procedure

Seminar - How to Select the Condo Neighbourhood to Meet your Investment Goals

April 12, 2015

In this seminar, we will study and compare 5 different condo concentrated areas in Toronto.

  • North York (Yonge & Sheppard)
  • Mid Town (Yonge & Eglinton)
  • Central Downtown (Yonge & College)
  • Downtown Entertainment District (King & John)
  • Downtown East (Dundas & Parliament)

At the end of the seminar, you will have a good understanding of the statistics and characteristics of each of the areas and it should help you select the neighbourhood that fits into your very own investment goals.