Bosley Realestate

Our Recent Press On Co-Ownership In Real Estate Magazine Online

December 2nd, 2019 | Word On The Street

For those who are considering purchasing a property with friends or family, The Urbaneer Team has been exploring some of the opportunities and constraints of co-ownership in Toronto real estate for some time.

Most recently we responded to a client inquiry earlier this year with some guidance; a property owner was considering selling the rental suite in his home to his tenants, which became the subject of a Dear Urbaneer instalment called: Can I Sell Part Of My House For Co-Ownership?. Unfortunately, it isn't as easy as one might hope, particularly with the issues of mortgage financing and liability.

Check it out if you're curious to some of the challenges in creating a co-ownership option in the freehold housing. After all, the idea of co-owning a property with others is an interesting proposition and, without a doubt, it's an arrangement that more people are exploring given the high prices of Toronto real estate!

 

 

Just recently, Urbaneer's proprietor Steve Fudge was fortunate enough to be interviewed by Connie Crane of Real Estate Magazine, for one of their online articles. In it, Steve expounds on the particular process and financial benefits of co-ownership, alongside two other realtors from both Toronto and Vancouver. Read the article here: "Navigating The Complexities Of Co-ownership".

If you'd like to learn more about the concept of splitting ownership of a home, including the related trend of today's seniors wanting to "age in place" and the rise in interest in multi-generational housing, visit our blog!

 


 

Can my team and I become your realtors of choice, and guide you to the best of the best Toronto real estate?

With a multi-disciplinary education in housing - and 27 years experience in the property market - I believe the search for a Home requires engagement on sensory, intellectual and emotional levels. In fact, it's how I've become a top producing realtor. 

 

Here are some of my related blogs, including those embedded in this post:

How To Create Co-Ownership Options With Freehold Housing

Dear Urbaneer: What Are The Important Considerations Surrounding Multi-Generational Housing?

 

 

 

 

With decades of experience navigating the highs and lows of our market, and our commitment to remain acutely aware of shifts and trends, we are here to help without pressure or hassle.

May we be of assistance to you, or someone you love?

 

Thanks for reading!

 

-The Urbaneer Team

Steven Fudge, Sales Representative
& The Innovative Urbaneer Team
Bosley Real Estate Ltd., Brokerage - (416) 322-8000

- we're here to earn your trust, then your business -

 

*Did you know we were recently listed as one of The Top 25 Toronto Real Estate Agents To Follow On Twitter! - The Top 50 Blogs On Toronto - and The Top 100 Real Estate Blogs In Canada? Consider signing up in the box below to receive our FREE monthly e-newsletter on housing, culture and design including our love for unique urban homes and other Toronto real estate!

*Love Canadian Housing? Check out Steve's University Student Mentorship site called Houseporn.ca which focuses on architecture, landscape, design, products and real estate in Canada.

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