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ECGI Mortgage & Credit Services

Oct 19, 2009
Important: BROOKFIELD RESIDENTIAL SERVICES LTD.’s, TERMINATED DUE TO PERFORMANCE “THAT HAVE RESULTED IN SIGNIFICANT FINANCIAL LOSS TO CONDO CORPORATION” AT MINTO  More>>

I’M PLEASED TO ANNOUNCE THAT MR. ROMEY HALABI HAS JOINED LINDA AND I AT SIMPLYCONDOS.COM
October 1, 2009

I go to tremendous lengths to make sure that I surround myself with only the best. Now that I’m setting up simplycondos.com in Florida for my investors and investor group network, I am pleased to finally be able to announce that I’m growing my client interaction team with the addition of Mr. Romey Halabi.  More>>

SO NOW ONE BLOOR EAST IS "SOLD TO A MYSTERY BUYER"

Man! This so well extremely "hyped" development, like others in the city, fell off the tracks months and months ago and finally our trusted media has come up with an announcement that basically tells us all nothing! So, here's the deal. Way back two winter's ago now CBC ("Canadian Broadcasting Corporation" a major national television broadcaster) came to me and asked if I would contribute my...

KEEPING THE DEVELOPER'S PROPERTY MANAGER ON AFTER THE TURN OVER MEETING HAS AN UGLY DOWNSIDE FOR OWNERS

So you bought in to a condo and it took months of "occupancy" and finally the elevators have been finished (usually the last thing to be completed due to all the people moving in, etc., they usually leave protective material as a liner) and now five months into "Ownership" (the point where you no longer live in some suspended reality of tenant/occupant - anything but owner) you learn that your...

Simplycondos.com #1 web site on Page # 1 on Google Search "Toronto Condos", Now That's Something "Newsworthy"!

If you've been doing any looking into condos or real estate in general lately you will be familiar with how often #1 is used. It seems that every Realtor out there is "#1"! At simplycondos.com we don't through around manufactured statistics or claim false titles. We simply do condos on the InternetI am not a conventional Realtor in that I "List" properties or do "Open Houses" or any of that...

Flash Backs To Warnings That I Saw In Late 1988 Leading Up To The Crash!

As one of the few remaining survivors of the Crash in the Toronto real estate market, I can legitimately say that I'm seeing a number of ominous signs today reminiscent of Toronto's real estate collapse of the late 1980's. Over the course of my career at that time, condos had evolved from a new concept that was feared, to a treasured trophy for cocktail party gossip.We saw the hang over to that...

NEGATIVE CASH FLOW INVESTING REARS IT'S UGLY HEAD AGAIN, FOR THE SECOND TIME IN MY CAREER

Wow, I'm at the point where I don't want to even consider investing in another Toronto condo! I am first and foremost a condo investor! It is people like me that this industry (not considering my 30 years of professional experience selling them) is built on.The market today has shifted horrifically from just a few short months back. In my professional opinion, if you are buying "Presale" ...
 

MY LOVE/HATE RELATIONSHIP WITH TECHNOLOGY Charles Hanes -  July 17, 2009

I’ve got to confess something. As the operator of one of the Internet’s number one web sites for residential condos, I should be highly “tech-savvy”. Well, truthfully, I’m not. I’m actually borderline deficient when it comes technology. I’m more of a visionary as I see the end game first and then usually adhere to the philosophy set out in the Kevin Costner moving “Field of Dreams” . . . MORE>>

CONDO BOARD WARFAIR? PART ONE: “DO OWNERS GET AND/OR NEED PROTECTION”?
Charles Hanes - July 15, 2009

Well of all people in the world to have this happen to I’m amazed that it falls right into my lap. I’ve been committing to get back into writing on this blog but, quite frankly, it has been a challenge to try to find something positive to write about. ...MORE>>

Spectacular one-of-a-kind
Townhouses for Sale on Bay St.

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Let's Address This New Harmonized Sales Tax  Charles Hanes, May 7, 2009

Every week I receive a massive inflow of emails from people who plan to buy a condo, loft and/or townhouses in Toronto. Recently, a surprising majority of these emails are based on the writer not being able to figure out Toronto’s new confounding harmonized sales tax and the impact it will have on their costs... MORE>>

THE MARKET IN FLORIDA IS DEFINITELY TURNING  -  Charles Hanes  -  April 23, 2009
Hey investors! Since last fall you’ve been writing to me asking me to give you a head’s up when/if the Florida market starts to turn around. I am always happy to comply with your wishes and, after all, Florida is one of my favorite places in the world. How can you not be drawn to those sandy beaches and that sun, sun, sun!
     Well, I just returned from another “due diligence trip” like the one I took last spring and last fall... MORE>>

maplesq.gif (30865 bytes)MAPLE LEAF SQUARE
We have a 2 bedroom, 2 bathroom unit available at Maple Leaf Square.  Contact: Charles Hanes for more details.
PRIDE OF OWNERSHIP LOST ON HIGH-RISE CONDOS
Charles Hanes - March 31, 2009
     For those of you that have owned a home, and I’m talking about a detached home here, you may recall that feeling of exuberance and self accomplishment when you purchased that home.
     Unfortunately, in Toronto, the luxury of owning a detached house has become a very costly exercise! I frequently search Listings of detached homes in downtown and am always shocked to see what you get for three quarters ... More>>
I NEVER REALIZED JUST HOW GOOD I AM ! ! ! !
Charles Hanes March 1, 2009
6000.gif (33923 bytes)As many of you are aware, I set out last fall looking for a seasonal residence for myself and investment opportunities for many of my clients in Florida. In September I travel down to beautiful Fort Lauderdale and visited new condo sales sites from Palm Beach to Miami seeking out bargains amidst the plethora of already started developments in what I saw as a spiraling condo market... More>>
CALLING ALL INVESTORS - JOIN MY INVESTOR GROUP AND IMPROVE YOUR ROI
Charles Hanes -- January 10, 2009

I’m not bragging when I say that I can increase your return on investment in residential condos because, that’s what I do! I’m not your average Realtor. I am first and foremost an investor. My second label, if that’s what you’d call it, is that of an Investor’s Agent, as I bring significant numbers of investors with me when I show up to invest...More>>
BUYER BEWARE IN FLORIDA – IF THE SELLERS DON’T GET YOU YOUR AGENT MIGHT! SPECIFICALLY, KEEP AWAY FROM KEYES REAL ESTATE
Charles Hanes -- Feb. 11, 2009

Now here’s about the worst I’ve seen! As a professional “Buyer’s Agent” my services are absolutely FREE to my clients so when I started researching the Florida market for myself and a bunch of my clients who are interested in Florida investing as well as some for winter homes I thought I should verify that the same rules apply down there...More>>
SO WHAT'S WRONG WITH CONDOS? What I See as the Biggest Problem of All - Tenants
Charles Hanes -- December 28, 2008

Condos were invented as a lifestyle alternative to enable mass population to reside downtown. Without condos you would have everyone wanting to own their own home living out in the suburbs....More>>
SO WHAT'S WRONG WITH CONDOS? Don’t Forget The Cornerstone of the Problem – Speculators/Investors
Charles Hanes -- December 30, 2008

Now don’t get me wrong here! As someone who represents investors (“speculators” – let’s face it there’s just no way around this “banker’s label” for investors) around the world I would be remiss if I didn’t acknowledge that without...More>>
SO WHAT'S WRONG WITH CONDOS? Let’s Look at The Board of Directors
Charles Hanes -- December 16, 2008

When each condo is completed and occupancy has occurred  a “turn over meeting” is experienced, where a Board of Directors is elected by the condo owners (shareholders) to take care of running the condo. The Board works with a professional Property Management company that actually runs the building (hires/oversees security, collection of condominium...More>>
SO WHAT'S WRONG WITH CONDOS? Now A Big One – The Property Manager
gen2.gif (32997 bytes)Charles Hanes -- December 20, 2008

Property Manager - The property management company is initially hired by the developer to manage the building from Occupancy through to registration and/or the Turn Over Meeting. A good property manager makes for a good condo building and visa versa, a poor property management company will take your...More>>
CHURCHILL PARK INTRODUCES OPTION TO INCLUDE ELECTRICITY IN YOUR PARKING SPACE FOR ELECTRIC CAR Charles Hanes -- December 10, 2008
Churchill Park - Toronto Condos - Simplycondos.comI’m impressed whenever I see a developer take any initiative that benefits the buyer, over and above delivering the “minimal standard” once the 10 day rescission period is over. It’s refreshing too, that Tower Hill Developments are the developers behind Churchill Park Condos in ...More>>
SO WHAT'S WRONG WITH CONDOS? Well, it all starts with the Developer
Charles Hanes -- December 11, 2008

Unless you are particularly lucky or have a buyer’s agent that knows all of the Developers in the city, your troubles usually start right here! Take it from someone who has fought these guys for decades! Even when I’ve managed to win the disputes the...More>>
The NinetyThe Ninety - Toronto CondosFloorplans now available

Defining classic Loft living in the Queen East, The Ninety features nine storeys of large expanses of glass and concrete walls...More>>
Kormann HouseKormann House - Toronto Condos - Floorplans now available
    
Located at the South West corner at Queen St and Sherbourne St Kormann House offers a variety of features such as 10ft' high ceilings, floor to ceiling windows for natural bright light, private terraces...More>>
Toronto Condosdo's and don'ts of buying a condo
As with everything in life, there are nuances and subtle things that dramatically... More>>
What is a condominium? - Types of condos - Toronto CondosWhat is a Condominium - Types of Condos
Types Of Condos - Condominium owners hold title to their units and share ownership and responsibility of and for the operating...More>>
WHAT ARE YOU REALLY BUYING WHEN YOU BUY INTO THE CONDO LIFESTYLE? It’s fascinating to realize that even when you are fortunate enough to buy into the best Florida condo that the... Pets And Condos - Toronto CondosPETS AND CONDOS AND/OR LOFTS
Owning a condo or loft is decidedly different than owning a freehold property. Many people mistakenly see condos and lofts as...More>>
Uniquely Toronto - Toronto CondosToronto is one of the most unique cities in the world, a living park with residences spread throughout and a virtual city below the city...More>> Entertainment District - Toronto CondosToronto's Entertainment District The Toronto Entertainment District is simply that — the place to go when seeking entertainment. Within eight square blocks...

 

Charles Laurie Hanes 416-783-5000
Sutton Group Tower Realty Ltd., Broker
3220 Dufferin St. unit 7A, Toronto, On, M6A 2T3
simplycondos@gmail.com

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