Toronto Female Condo Buyers

Toronto female Condo buyers are emerging as financially savvy and most likely to buy a Condominium in the near future.

A poll recently conducted  by Ipsos-Reid, among women aged 20 to 45 who have purchased a home as an individual rather than jointly brought out the following details.

Their average age to purchased their first home was 29 years

82 per cent are single

80 per cent have no children

49 per cent have a University Degree

86 per cent still live in the last home they purchased

81 per cent made one home purchase as an individual

With more and more Canadian women marrying later in life or remaining single we are seeing the emergence of a new Toronto Condo market for home buying and specifically a desire to purchase a Condo.

These financially and well educated independent women indicated:

71 per cent advised buying a home was a good investment

61 per cent advised they did not want to pay rent anymore

54 per cent had a desire to get into the housing market

77 per cent the biggest worry prior to purchase was affordability/financial commitment

For these women a home purchase will give them security, a roof over their heads and a chance to build equity for themselves in the future. 

A home is a sound investment and you can not live in a RRSP!

Pictured above is the famous Queen’s Quay Terminal on Toronto’s waterfront. For Condo listings on the Toronto Waterfront you can view my Toronto Real Estate website.

Toronto Condos Foreign Exposure

Its difficult to keep up with all the new Toronto Condos going up in and around the city. It seems like there is a new Condo project going up every few weeks and they all have different names like Burano, Murano and so on.

One thing I have noticed on my web pages is where visitors are coming from. Here is just a partial list of Toronto Condos foreign exposure.

Calgary

United Kingdom

New York

Alberta

Nebraska

Montreal

Malaysia

Trinidad and Tobago

Washington

Salt Lake City

Rome

Vancouver

There are many more locations that prove the interest in Toronto Condos is world wide and many buyers are looking from afar.

What they are finding is a Toronto Real Estate market well priced and in a demand location as various world wide polls have told us. We have jobs, a great legal system, higher education and health care to name just a few that many cities lack.

New Richmond Hill Condos

Richmond Hill has an increasing number of Condos being built in the area. It is situated just North of Toronto and has many new industrial projects as well. Internet Technology is big in the area with a lot of the major players like AMD carrying on business.

The Manors Of Fontainbleu
Location: Bloomington Rd.
Builder: Queensgate Homes
Size: 26, 2 storey homes
Occupancy: Early 2008
Web: www.queensgatehomes.com

Renaissance Of Richmond Hill Condos:
Location: Yonge St., North of Major Mackenzie
Builder: Tridel
Size: 8 storey-104 units
Occupancy: March 2009
Web: www.tridel.com

The Richmond Condos:
Location: 18 Harding Blvd.
Builder: Greenpark Homes
Size:  14 storey- 352 units
Occupancy: Summer 2009
Web: www.therichmondcondo.com

The Royal At Bayview Glenn:
Location: Highway 7 and Red Maple Rd.
Builder: Pemberton Group
Size: 12 storey-201 units
Occupancy: March 2008
Web: www.pembertongroup.com

Silverwoods Condos:
Location: Yonge and Silverwood Ave.
Builder: Pine Lake Group
Size: Two buildings, seven and eight storeys-156 total units
Occupancy: Immediate
Web: Not available

Sponsored Link:

Richmond Hill Resale Condos
New & Resale Condos  Search Online
Research Richmond Hill Area Condos
www.torontorealestatehome.com

The Vineyards:
Location: 330 Red Maple Rd.
Builder: Empire Communities
Size:  14 storey-221 units Phase 3
Occupancy: December 2008
Web: www.empirecommunities.com