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Here are some pros and cons to consider when deciding whether you want to purchase new construction, or a resale that has already been lived in :

PRO'S CON'S

NEW: Ontario New Home Warranty Plan buying from a floorplan

moving into a brand new home waiting up to two years

choosing your own finishes construction delays

RESALES: you can see what you're getting partial or no home warranty

move in within 30 - 60 days someone else's dirt

there is flexibility in price may need renovation

If you're buying new, always visit the sales centre with an agent. Although the developer's price is usually firm, an agent can negotiate to have extra upgrades thrown in. Your agent will also walk you through the Agreement of Purchase and Sale and suggest changes that will be to your advantage. The developer's sales rep is there to get the best deal for the developer; I have experience negotiating Agreements of Purchase and Sale for new units and I will be there to make sure YOU get the best deal. My commission is paid by the developer and does not affect the purchase price since Buyer Agents' commissions are factored into the developer's plans from the beginning.

Note: - Ontario New Home Warranty Plan does not apply to new conversions, since the building has an existing structure.

For examples of recommended NEW PROJECTS click here.

NEW PROJECTS :

The following are new projects (not yet built) that I would recommend as having some loft-style features, or other exceptional qualities that put them above the average condo. Most are scheduled for completion for sometime in 2001. Please contact me if you require further information, or if you would like to visit any of the sales sites.

DISTRICT - new lofts on Richmond near Spadina - Context Developments

Peter Clewes is the architect here - he designed the outstanding TWENTY Niagara. Excellent designs and layouts, with a few suites left in the upper price ranges.

IDEAL CONDOMINIUMS - College St. at Markham - Context Developments

The same developers and architect again - Peter Clewes. Great location in the happening College St. scene, great modern architecture and design. A few units still available.

DOMUS in Yorkville - McAlpine St. near Yonge and Davenport - Diamante Development Corp.

These developers are best known for One Balmoral, a luxury condo building south of Yonge and St.Clair, and they are also doing The Royalton on Bay, and 2 Roxborough East. These are all excellent buildings, but their architects have really outdone themselves with DOMUS, a stunning achievement of modern form in white precast limestone and concrete with huge Gothic arched windows. Some units are loft-style on two levels, some are one level, and there are also townhomes on the site. Layouts are very creative, and there is still the opportunity to work with the architect on designing your own interior.

PHEOBE on Queen - on Pheobe and Beverly St., North of Queen St.W. - Diamante

Another project by Diamante consisting of "Pheobe" - townhomes, "Beverly" - condos, and the most interesting building on the site - "The Soho", which is a loft-style building featuring nine foot ceilings, wide living rooms and floor to ceiling windows. The brick, metal and concrete exterior is designed to echo the industrial flavour of neighbourhood warehouses.