Diamond Kilmer Reviews in GTA
We are looking to invest in one of the projects of Diamond Kilmer developments. I wonder if any of the members in this community has any experience with Diamond Kilmer's work. Any feedback on construction quality and customer service is highly appreciated.
Last Updated:
2023-05-10
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Who owns Diamond Kilmer?
Diamond Kilmer developments is a partnership between Diamond Corp and Kilmer Group.
Stephen Diamond is the Chairman of Diamond Kilmer Developments. He is also the Chief Executive Officer of DiamondCorp.
Ken Tanenbaum is the CEO of Diamond Kilmer developments. He is the founder and Chairman of Kilmer Developments, which has had a leading role in the construction and operations of projects like ONroute Highway Service Centres, the Pan Am Athletes’ Village, the West Village at Port Credit and the Province’s West Don Lands Rental Housing program.
Who owns Lormel Homes?
Lormel Homes is a real estate company operating primarily in the Greater Toronto Area (GTA), Ontario, Canada. The company has built a variety of residential and commercial properties, including single-family homes, townhouses, condominiums and commercial properties.
## Owner for Lormel Homes
Lormel Homes is a privately held business owned by the **De Menegh family** who operate Lormel Homes and own 234 acres on Route 413 in Vaughan. The family has been involved in the construction industry for over 50 years and has built a reputation for quality and innovation in real estate development.
## History of Lormel Homes
Lormel Homes was founded in the early 1990s by a group of developers who shared a vision to create quality homes and communities in the GTA. The De Menegh family later bought the company and continued to build a legacy of industrial excellence.
Over the years, Lormel Homes has established itself as a leading developer in the area, winning numerous awards and accolades for its innovative design, attention to detail and customer satisfaction. The company has built a wide range of properties, from single-family homes to large master-planned communities.
## Lormel Homes
Lormel Homes is a respected and innovative real estate company with a long history of building
quality homes and communities in the Greater Toronto Area. With a focus on quality, attention to detail and customer satisfaction, the De Meneghi family has continued to build on the company's legacy of excellence and is sure to remain a major player in the region's construction industry for many years to come.
Is it a good time to buy a house in Brampton?
Buying a house is an important decision and that requires to closely consider all the factors. And when you are considering to buy in cities like Brampton then it becomes essential. Because Brampton real estate market is thriving, with a developing demand for housing with a solid economy. It is important to consider both the local market conditions and your personal financial situation to decide whether this present time is the perfect open door for you to purchase or not. So, let's take a look at this.
## Why Brampton's Housing Market is Thriving?
With a thriving economy and a developing population, Brampton has become one of the most fascinating places to reside in the Greater Toronto Area (GTA). The city gives affordable yet ideal homes, as well as a blend of urban and suburban amenities that appeal to the two families and youthful professionals. Accordingly, demand for housing in Brampton is increasing, driving up prices and causing the housing market to flourish.
## Key Factors for Home Buyers: Affordability, Market Conditions, and Forecast
Despite rising housing demand, Brampton has the most affordable homes in the GTA, with the average price of a home expected to rise 2 to 8% by 2023. With a solid economy and rising demand for housing, the Brampton real estate market is supposed to keep on rising in coming years.
In addition, the developing job market in Brampton is a center point for small organizations and corporations, offering a developing job market that attracts youthful professionals and families. This also increases demand for housing, which can assist with driving up property values over the long haul.
You may also like to learn about **[Home Inspection Tips - Red Flags to Look for!](https://getnewhouse.ca/blog/home-inspection-tips-first-time-homebuyers-red-flags-to-look-for)**
## Is it a good time to purchase a house in Brampton?
Many real estate experts believes that the current time is a good opportunity to buy a house in Brampton and the housing market in Brampton is currently viewed as a rapidly growing market. With fluctuating interest rates and the city's solid job market and cultural offerings, buying a house in Brampton can be a great and wise speculation for the long haul.
But, it's equally important to remember that this is based on current report and you know the real estate market can change rapidly, so it's always good do thorough research and talk with a professional before making any decisions.
10 Best Toronto Suburbs for Families to Live & Grow
**Are you planning to move to a sub-urban area in Ontario, Canada?** Looking towards The Toronto suburbs, its popular areas you can stay with your family and enjoy? **Here we have covered the Best Toronto suburbs for families to live**. May it be renting or buying a home, these family-friendly neighbourhoods should be on your research list.
About Toronto: The Capital City of Ontario
------------------------------------------
Toronto is one of the most sought-after cities in Northern America. It is a city that has attracted thousands of immigrants, investors, and entrepreneurs. It's well-developed with efficient public facilities for its residents. This has made Toronto a prime spot for real estate investments.
Even though investors know that housing is getting expensive, they still rush to purchase properties in the **Toronto suburbs**. They know that owning property there is a long-term investment that can yield money. If they don't purchase a property now, the selling price will rise in the future.
Nonetheless, not all cities in Toronto have expensive housing. Some Toronto cities have lower real estate prices than other cities. They also provide many housing benefits and facilities to homeowners and their families. Therefore, take this opportunity to purchase some affordable properties in the Toronto suburbs.
You also have a lot of [fun activities to do in Toronto](https://getnewhouse.ca/blog/what-are-best-fun-activities-in-toronto-in-ontario-in-canada-for-adults), and that makes it a popular tourist destination as well.
**Best Toronto Suburbs** for Families to Move in
------------------------------------------------
So, here is an exclusive list of some of the **Best Toronto Suburbs** to choose from.
### 1\. Davisville Village/St. Clair:
It's a quiet town that is the go-to place for families to settle down because it's peaceful and affordable. Working-class people are also attracted to this town. Houses in this town are far less expensive than in other towns. The quietness, homeliness, and less population make it an ideal place to raise a family. It has a park and walking areas for families to enjoy a quiet evening walk together.
### 2\. Kensington Market:
It's a multicultural town that's older and well known than other towns in Toronto. It is the most ideal place for families to live in. It has many streets that boast thrift shopping centers, bars, bookshops, cafés, eateries, and playgrounds. All these are also within walking distance from each other. Moreover, they are easily accessible to the residents of the town. It has commercial areas that are close together.
### 3\. Brampton:
This is a rapidly growing town when it comes to urbanization and real estate. It has schools, innovation/research centers, and shopping centers. The city provides different modes of transport to its residents. The town is not as large as other towns in Toronto, but it is still family-friendly. Due to its small size, it is not as noisy as other towns. It is attracting property investors and developers to develop and invest in the town. If you want a quiet, but affordable neighborhood for your family, Brampton is a good choice.
One of the popular destination for [**new immigrants to Canada**](https://getnewhouse.ca/blog/why-is-immigration-good-for-canada/), Brampton ranks high amongst best Toronto suburbs to live and grow.
### 4\. Etobicoke:
This is a family-friendly town for families in Toronto. It's popular among families that have kids due to its friendly environment. It has more facilities than other towns. There are well-equipped schools, shopping centers, eateries, and different transport facilities. The transport facilities make it easy to take your children to school and for you to go to work. Residents from other cities can easily get access to Etobicoke. Real estate in Etobicoke is cheaper and rapidly growing.
### 5\. Oakville:
Houses are cheaper here, and the town is close to major cities, too. [**Oakville in Ontario**](https://getnewhouse.ca/blog/is-oakville-ontario-canada-good-place-to-live/) has a relatively large population, which has increased the need for more houses. Several investors have taken advantage of this to invest in properties. Your family will not be bored in this town because it has several places of attraction like shopping centers, art centers, and beautiful harbors.
### 6\. Markham:
This is one of the **best Toronto suburbs** and can be found on the northern side of Toronto. The town's population is larger than other towns in Toronto. It is an industrial town that houses hundreds of businesses. You can find many I.T firms, corporate organizations, and research firms in this town. It's a **GTA** town because it's close to major cities in Toronto, hence, it's a prime real estate spot. There is public transport available to take residents to cities within thirty to forty minutes. Therefore, it isn't rare to see people have jobs in the city, but have their residential areas in Markham.
### 7\. Pickering:
This suburb is a **GTA** (Geographical Target Area) in Toronto. It's a small suburb that has a growing population and has seen a rise in property developments. There are freeways in the town that the residents can use free of charge. This makes the town attractive to working families. Pickering is not too far from other cities. Houses in this town are more affordable than in other places in Toronto. As far as safety and standard of living is concerned, [Pickering is a good place to live in Ontario, Canada](https://getnewhouse.ca/blog/is-pickering-ontario-good-place-live-safe).
### 8\. Eglinton West:
Housing in this suburb is cheaper than in other areas. The area is good for those with families or children. There are rail stations and other modes of transport in the area. Residents have access to amenities like malls, eateries, recreation centers, healthcare facilities, sports grounds, libraries, and so on. There are also places of attraction you can take your family to. They are; parks, creek valleys, ponds, and rivers.
### 9\. Vaughan:
This town ranks high on the list of the best suburbs for families. It's another prime spot for real estate developers and investors. It's a rapidly growing suburb that is seeing an influx of residents. The town is an urban area that has various amenities for its population. There's a direct subway that connects to major cities. You can also find high-rise offices and corporate organizations in Vaughan. If you'd like your family to live in this town, then buy a property now before the price increases. It'll also be a form of investment for your family in the future.
### 10\. West Queen West:
This town is more known for providing all facilities and amenities to its residents. It's a cool town that has many recreation centers for its residents of all ages. Furthermore, you can find vintage boutiques that cater to vintage fashion lovers. The town has record shops and art centers that entertain residents and visitors.
You may also explore, [Is Burlington Ontario is a good place to live and settle down?](https://getnewhouse.ca/blog/is-burlington-a-good-place-to-live-ontario)
### **Which is** the Best Toronto Suburb to live?
Now that you have discovered these family-friendly suburbs, choose wisely. Find a safe and good **Toronto suburb** to live in and pursue your dreams. Do thorough analysis of the dynamic housing market and then only make a purchase.
Also, don't miss to learn [**7 Reasons to Live in Stoney Creek, Ontario, Canada**](https://getnewhouse.ca/blog/reasons-to-live-in-stoney-creek-ontario-canada/)
Lots of people are leaving big cities for suburbs due to the cheaper real estate and better environments. So, if you delay now, you might miss the chance to purchase an affordable house for your family. Purchasing a house in any Toronto suburbs also doubles as a form of investment for you and your family.
But wait!! Buying a House involves huge investment! [**Renting or Buying a House in Canada**](https://getnewhouse.ca/blog/renting-vs-buying-home-canada-better/) is indeed a big decision. So, be very careful and consider all the pros and cons of staying at a particular place. Renting for a short period at your selected suburb before actually buying a property therein could be a great way to experience the real situation.
So, which is your favorite Toronto suburb and why so? Do share your views.
Things To Know Before Buying Pre-construction Condo In GTA, Canada
Are you planning to buy a Condominium in the Greater Toronto Area, Canada? Here we discuss few important **Things To Know Before Buying A Pre-construction Condo In** Durham, Halton, Peel, and York region in Canada.
One of the reasons for the development and construction of more condo projects in Greater Toronto Area (GTA) is simply because there is high demand for condos. Prospective condo owners can pre-purchase units before they are developed to help fund the development of condos. There are different advantages to buying condos during the pre-construction stage as they are more affordable than houses.
Buying pre-construction condos is considered a good way to enter the **real estate** market in Toronto. But the process of financing and buying condos is different from buying a resale home. If you are considering buying a pre-construction condo in GTA or [**Toronto sub-urban areas**](https://getnewhouse.ca/blog/10-best-toronto-suburbs-for-families-to-live-and-grow), there are certain things you need to know. This includes the home buying process, the pros and cons and many other crucial factors.
So, read on as we dive into it in this post.
Advantages Of Buying Pre-Construction Condo
-------------------------------------------
### 1\. Minimum Down Payment
When you buy your condo at the pre-construction stage it helps you to purchase one with a minimum down payment while you watch your condo value increase. In other words, you can buy a home at today's price and enjoy your home as the value increases over time.
Normally when buying a pre-construction condo you are required to pay a 20% deposit of the total amount. But the down payment is broken down into installments of 5% which should be paid throughout the construction project. This means you can secure a condo unit with just 5% of the purchase price. The complete payment can run from 2 to 4 years depending on how long the project lasts.
### 2\. Customization Possibilities
Buying a pre-construction condo allows you to build, customize and improve your condo to your preferences and style. The customization you added to your condo can help increase the resale value and also differentiate it from your neighbours. This can help you save money since there is no need to rebuild or renovate.
Also, you can choose the countertops and appliances that will be installed in your unit.
### 3\. Cost-effective
Within the first few years, there will be no need for maintenance since the condo is new when compared to older buildings. Also, the construction will be made with new material which makes your home more energy-efficient. As a result, the cost of utility bills and ownership can be reduced. So, [**new construction condo**](https://getnewhouse.ca/blog/pre-construction-condo-vs-resale-investment-better-gta-canada/) does save on your repair and renovation bills.
Living in a condo means the cost of maintaining the building will be shared among the residents. The cost includes the maintenance of the communal areas, repairs for the building and every other thing that is done on the building in general. This can be of great benefit to those that want a low maintenance home.
Disadvantages Of Buying A Pre-Construction Condo
------------------------------------------------
### 1\. Joint Property
Buying a condo means you are jointly owning a property with other people you might not know. Also, there is a possibility that the people in the neighborhood will keep changing every time. You will only be in control of your unit and the influence you will have in terms of making group decisions concerning the complex will be limited.
### 2\. Various Fees
Apart from the normal fees that you are responsible for such as condo and purchase fees, closing costs and other fees to pay. There are various fees attached to buying a condo and they can vary depending on the amenities in your complex. You will continue to pay condo fees and other dues in case of any development in the complex.
### 3\. Delay or Cancellation of Construction Project
The issue of delay in construction is inevitable. Delays can occur as extreme weather conditions, delays in the supply chain of material or other financial problems. The worse scenario is the cancellation of the construction project which can be a result of different reasons. It could be because the developers are unable to get enough pre-construction buyers, insufficient funds and more. But in case of any cancellation of a project, you don’t have to worry as your deposit will be given back to you.
### 4\. The Process Of Buying A Pre-Construction Condo
One of the most appealing aspects of [**buying a pre-construction condo**](https://getnewhouse.ca/blog/pre-construction-condo-vs-resale-investment-better-gta-canada/) is that you don't have to pay the deposit in full at once. The payment can be done in installments depending on the developers.
Usually, the down payment or deposit should be 20% of the purchase price but the payment can be done within six months. So you can pay 5% of the purchase price to secure your unit and the rest every other month.
### 5\. The Cooling Off Period
Some provinces in Canada impose a cooling-off period after making a deposit payment for a pre-construction unit to ensure you are not pressured to decide as a result of a limited supply of units. Depending on your province it can range from 7 to 10 days during which you are free to back out of the purchase agreement without repercussions. During this time is when you can choose to sign and secure the unit as well as the price if you like the unit.
You don't have to wait that long if you like the place because the price can increase or the units sold out. You have the time to do all the necessary paperwork and means to finance the remaining payment. If you want to consult your lawyer or research the developers or project this is the time for that.
### 6\. Occupancy Period and Fee
During this period buyers can move into their condo before the completion of the entire building. It is also referred to as interim occupancy whereby a buyer can occupy the condo and be paying the builder an occupancy fee.
You may also like to discover [10 Steps to Build a Successful Home Renovation Business in Canada
](https://getnewhouse.ca/blog/steps-to-build-successful-home-renovation-business-in-canada)
Buying Pre-construction Condo: Key Takeaways
--------------------------------------------
Buying a pre-construction condo is not as easy as it seems. This is why you should consider the advantages and disadvantages before making a decision.
When it comes to buying pre-construction condos, location is very important since you will be sharing space with people.
So, if you are planning to invest in **real estate Canada** through pre-construction condos, there are lots of places to buy pre-construction condos in the Greater Toronto area. And if you have made up your mind, don't miss to explore a whole lot of projects at [**GetNewHouse**](https://getnewhouse.ca/). _Discover fresh listings and new range of condominiums to choose from!_
Is Burlington a good place to live and settle down?
Burlington is one of the best places to live in the Province of Ontario, Canada. The town offers residents an urban-suburban mix feel, and most residents rent their homes. Many young professionals live in Burlington, and residents tend to be liberal. Burlington is between Toronto and Hamilton and not too far from the border with the USA. There are also natural landscapes like the Niagara Escarpment and a sandy Lake Ontario beach in its downtown core.
Living in Burlington has many benefits. Its top features are amenities, a low crime rate, and culture and community. There are also plenty of local job opportunities. A visit to Burlington’s lakeside and sprawling lakefront park is a great way to appreciate its desirable beauty.
Dozens of award-winning restaurants, coffee shops, and boutique shops make the downtown area a favourite destination for residents and visitors. Read on as we walk you through some note-worthy things to know about Burlington.
## Benefits of Living in Burlington
Let's catch up with some exclusive benefits of staying in the beautiful city of Burlington:
### 1. Family-friendly Environment
Burlington provides a well-balanced life of urban fun and a peaceful living environment. You can hop down to the downtown area to enjoy modern-era restaurants, clubs, bars, nightlife activities, etc. The residential area is engulfed in a serene environment ideal for relaxing and enjoying a good night’s sleep after a long day at work. These provide an enriched family-oriented experience to the residents.
### 2. Exceptional Schools
Burlington prides itself on its high standard of education. There are schools for all grade levels and several private schools. Colleges and universities in the area help high school graduates offset the high cost of post-secondary living expenses. Burlington also has sought-after universities. They include the University of Guelph, University of Toronto, McMaster University, and others.
### 3. Recreational Activities
Burlington is located along Lake Ontario’s magnificent shorelines, providing different outdoor recreational activities for the residents. Residents can go swimming, boating, canoeing, surfing, or fishing when the weather allows. The city also has hectares of parkland, offering amazing opportunities for families, bachelors, and everyone living there. Burlington is also home to splash pads, ice-skating rinks, community centres, and golf courses. These cater to a broader set of audiences.
Do you want to enjoy quality time with your friends and family in natural beauty? If you are the one liking [fun-activities in the Greater Toronto Area](https://getnewhouse.ca/blog/what-are-best-fun-activities-in-toronto-in-ontario-in-canada-for-adults), this is an amazing choice. There are well-preserved hiking trails and parks in Burlington. They include the famous Bruce Trail, Niagara Escarpment, Waterfront Trail, Spencer Smith Park, LaSalle Park, and Lowville Park. Burlington also has one of the world’s largest lilac collections in the Royal Botanical Gardens. Your kids can run around the well-tended and well-preserved gardens.
### 4. Easy Travel
Enjoy easy and convenient access to many major GTA highways, including the 403, 401, and 407. Burlington has three GO Transit stations. They include Aldershot GO, Burlington GO, and Appleby GO. These make it easy for travelers to board GO trains, GO buses, and city buses. Burlington is within an hour's drive to Toronto Pearson International Airport and John C. Munro Hamilton. These make it easy for people planning to travel for business and leisure through the International Airport.
### 5. Modern Amenities
Burlington is rich in terms of modern amenities. The city has everything you need limits, from chain stores and supermarkets to family-owned stores. The malls in Burlington offer all the necessary items at an affordable price. There are also verified retail stores for Apple, Sephora, and other prominent brands inside these malls. Libraries, health, and wellness centres inside the city have no limits, along with coffee shops, book stores, and electronic shops.
### 6. Year-round Festival
Burlington kicks off the summer season with a Music Festival in Spencer Smith Park by the lakefront. This festival lasts for days and brings many fun options to the residents. Teen tour band concerts, kid-friendly playgrounds, dancing competitions, and eatery contests are also available. Furthermore, the residents set up exhibitions for their art pieces and stalls for outsiders and residents. The annual Ribfest festival is another popular event in the winter season. Food trucks, vendors, and local business shops operate during the festival. These add to the festival’s existing charm.
You may also like to explore [Best Toronto Suburbs for Families to Live](https://getnewhouse.ca/blog/10-best-toronto-suburbs-for-families-to-live-and-grow)
### 7. Excellent Location
Burlington is one of the best mid-sized cities in Canada. The city location allows residents to benefit from their proximity to Toronto. These help the residents avoid the inflated cost of living found in the core of the GTA. Additionally, some of Canada’s best hospitals are within the city's driving distance.
## Disadvantages of Living in Burlington
Burlington offers its residents good opportunities and reasons to be part of the community. However, it also has drawbacks that hinder a few people. Let us explore the disadvantages of living in Burlington to understand the area better.
### 1. Decline in Population
Burlington's population has declined in the past years. A decrease in a city's population has many factors. They include pandemics, conflicts, low birth rates, resident migration, and many more. The employment rate in the city also suffered because of less demand for basic services such as hotels, restaurants, and shops.
### 2. Limited Transportation
There are only three GO transit stations in Burlington. Those stations are always filled with young millennials making their way to work. Adults and families tend to own cars for shorter commute times. The city highway is also crowded because of the city's proximity to Toronto. The traffic on s 403, 401, and 407 are the worst. It can easily turn a 10-minute drive into an hour-long journey.
### 3. Expensive Housing
Houses in Burlington cost $200,000 more than their surrounding regions because it offers a higher quality of life and better options for professional career growth. Burlington also has fewer real estate listings. The listings are also expensive compared to other cities near Toronto. Therefore, buying your desired house is often an ordeal. Additionally, travelling to major metropolitan hubs from Burlington is shorter. These make the real estate options limited.
## Is Burlington a good place to live and settle down?
Are you looking for a good place to live in Canada? There can be no better option than Burlington. It is one of the safest cities to live in Canada. The city's educational institutions are top-notch. Your children will experience unique learning from elementary to University.
However, it is all based on your personal choice and preferences. If you are planning to settle in Ontario, and can afford it, do consider Burlington as one of the options. Which is your favorite city in Ontario to live and settle down? Do share with us.
Is Ajax in Ontario (Canada) a Good Place to Live?
Are you thinking of moving to Toronto suburbs? You might have you heard about Ajax, a popular town in Durham region in Ontario. Are you looking for a house, and wondering, **Is Ajax in Ontario, Canada a good and safe place to live?** Let's find out the answer while discussing the pros and cons of living in this area.
Ajax (Southern Ontario)
-----------------------
Located in the eastern part of the Greater Toronto Area(GTA), **Ajax** has become one of the most-sought for families and millennials. This is not surprising as this [**Toronto suburb area**](https://getnewhouse.ca/blog/10-best-toronto-suburbs-for-families-to-live-and-grow) has experienced the fastest growth over the years. It depicts a true reflection of rich cultural diversity, which makes it a melting pot of different cultures and cuisines. Another plus to it is that it has a lower crime rate than the Ontario average. This alone is enough to make it an appealing place for anyone escaping the hustle bustle of the city for a quieter life in the suburb area. Planning to move to Ajax?
Here is a definitive guide containing the pros and cons of living in Ajax to help you make informed decisions.
Advantages of Living in Ajax, Ontario
-------------------------------------
Let's have a look at some of the advantages of living in Ajax, Ontario:
### 1\. Surround Yourself with Nature
If you are looking for a place to get lost in nature, Ajax is the right one. Ajax boasts of picturesque lake with a wealth of green views. For ones, the Greenwood conservative area has beautiful scenery with a mix combo of grasslands, coniferous forests and a number of hiking trails. Whether you want to go hiking, fishing or skiing, this park is enough to get your weekend fun-filled. Moreover, you can decide to take a walk along the Paradise beach and enjoy a lazy afternoon with your family.
### 2\. So much to Enjoy
Synonymous with great gaming, horse racing, electronic table games, Ajax is one-stop-shop for all things entertainment. Ajax has been known for its Quarter horse racing since 1969. It hosts Canada's high-ranking quarter race track annually and it's one of the biggest attractions Ajax takes pride in. Aside from that, there is an Ajax casino where you can spend the evening trying your luck and enjoying the whole electronic game.
Need a beautiful kids day out? Children can have some adrenaline-pumping games at Endless fun.
### **3. Appreciate the Arts**
Ajax is remarkable for its rich history and culture. You can get immersed in various shows at St Francis centre that houses different varieties of performances, artists throughout the year. Visit one of the gallery spaces to take in the unique, beautiful work of art. Explore the many memorials, and art pieces showcased at the council chambers lobby of town hall. Art enthusiasts have got a lot to enjoy.
Also, don't miss to learn [**7 Reasons to Live in Stoney Creek, Ontario, Canada**](https://getnewhouse.ca/blog/reasons-to-live-in-stoney-creek-ontario-canada/)
### **4\. Great Neighbourhoods**
Ajax is not just along the side of lake Ontario, there are other great neighbourhood options that have garnered homeowners attention over the years. Duffin Bay, Riverside, Discovery Bay are among the many well-established regions. They feature a wide variety of home styles and prices, amenities, shopping malls and restaurants and many other perks to make your stay a good one.
### **5\. A Safe and Secure Environment**
According to areavibes.com, Ajax crime rates are 38 percent lower than the average and it's considered safer than 80 percent of other cities in Canada. This makes it safe and secure for families and individuals to live without fear of becoming victims of crimes.
### **6\. Affordable Real Estate**
When compared to other GTA places, Ajax housing and real estate is affordable. With inflation at its peak, and [**high mortgage interest rates**](https://getnewhouse.ca/blog/what-does-higher-interest-mean-for-housing-market-in-canada) little wonder why many people keep flocking from the city to this suburb area. Many who are looking to have a place they can call a home are betting on Ajax because of its affordability.
### 7\. A Welcome Place for All
People from all walks of life are welcome to make a home in Ajax. The residents make this a priority by organizing events and programs that promote cultural diversity and love. Not only is it a great way to have fun, it also brings people together and helps them connect on a deeper level.
Disadvantages of Living in Ajax, Ontario
----------------------------------------
Few drawbacks of living in a sub-urban city like Ajax are:
### 1\. High Property Tax
Not everything is greenery and roses in Ajax and it's sure has its own downsides. One of them is the high property tax which is one of the highest in Toronto. Because of the less population as compared to the metropolitan cities, this has make the town's tax rate to be on the increase. Although the properties are less expensive, the tax rate is one disadvantage to consider before moving in.
### 2\. High Traffic Congestion
Ajax has been notorious for difficult commutes as many struggle with trafficblockage especially during the rushing hours. The Highway 401 contribute to Canada's worst traffic bottlenecks. It runs through the eastern and western towns. This means it's the only route many people from Pickering and other communities passed through to and fro Toronto. This is one important aspect policy makers should look into in order to reduce congestion. The intersection at the Westney south of Kingston is also worst especially during the morning rush. Residents have complained it has make them miss their GO train which isn't all fun.
### 3\. You sure need a Car
No matter where you are in Ajax, you need a car for your daily conveniences. Whether you have to go shopping, visit plazas, dining out, groceries, you need a car to get you going. Besides, Ajax run on a rudimentary transit system and it isn't as robust as Toronto transit. If you plan to visit any city nearby, there aren't no transit system that runs frequently. It's also a hassle if you stay out late in downtown except you have a car. Hence, ensure you have access to a car in order to have a hassle-free stay in Ajax.
Do remember to explore the [**Best 10 Cities to Live in Ontario, Canada**](https://getnewhouse.ca/blog/top-10-best-cities-to-live-in-ontario-canada).
Living in Ajax, Ontario (Canada)
--------------------------------
Overall, Ajax is a **good place to live** to live with a lot of benefits to avail of. While some love the diversity, arts and culture and praise the housing affordability. Others find the limited transit system a big deal and couldn't cope with the heavy traffic. It all stems down on your needs.
Despite the downsides, Ajax still remain many favorites and it's better if you take the plunge and come find out everything it has to offer. Now, whether you are [**renting or buying a house in Ontario (Canada)**](https://getnewhouse.ca/blog/renting-vs-buying-home-canada-better/), the above details will be surely help you. A perfect guide to take an informed decision and ensure you have a successful stay in the town.
_After knowing the pros and cons of living in this city, what do you think? Is Ajax, Ontario a good place to live? Do share your views and experiences thereon._
Is price point of 800k worth it for townhouse in Pelham ?
I thought that avg price of townhomes closer to GTA is now 800k, any thoughts on the pricing of the project ? it seems a little bit higher to me for investment purpose.
Pre-construction Condos vs. Resale: Which is better investment in GTA, Ontario?
Are you thinking of buying a new home in Greater Toronto Area (GTA), Ontario, or any place in Canada for that matter? **Pre-construction Condo vs Resale: Which should you invest in?** This is a common question that comes to your mind while taking such a big financial decision. We are here to reduce your home buying stress and provide information on the **hot and trending housing topics** in Canada.
_"Congratulations on purchasing your new home"_ is a comment many people hope to hear. Owning a property is an achievement and a milestone. However, many people are confused about purchasing **real estate** properties. Should they go for a pre-construction or under-construction property or a resale property?
To clarify this situation, **a pre-construction house** (talking of condos here!) is **a house yet to be constructed or undergoing construction**. While **a resale house** is **a property that has been constructed** and buyers can pack in after payments.
Pre-construction Condos vs. Resale
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Now, let's check out **pre-construction condo vs. resale properties** to see which is better.
**Benefits of Purchasing a Re-sale Property**
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* **Its Tangibility:** Re-sale is tangible because prospective buyers go visit the properties to get a feel of the layouts. You can also physically assess the size of the buildings you want to purchase.
* **Affordable Deposit:** Re-sale deposit is cheaper than other properties. It is popular among those interested in **real estate in Canada**. Additionally, you only make the deposit once.
* **No Additional GST Cost:** Buyers don't need to pay additional GST after completion of the house.
* **Property Transfer Tax Exemption:** Residents of Canada who meet all tax exemption criteria are exempted from paying resale tax. They are exempted when they buy properties worth at most $500,000.
**Cons of Resale Properties**
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* **The properties are used properties:** Resale properties are mostly lived-in properties or used properties that the owner wants to sell. Because of this, some buildings might have old-fashioned styles.
* **Need for Renovation:** Since resale houses are old houses, new buyers need to renovate the buildings to make them look new. They might also need to change the decor inside the buildings.
* **Not easy to customize:** It isn't easy for you to change the decor, floorings, lighting, and so on.
* **No fixed payment:** No Fixed price means price negotiation is possible. However, this is also disadvantageous. Sellers can decide to organize bidding events where buyers compete to win the bid. Buyers may even purchase these properties at a price more than the original selling price.
You may also like to learn about **[Home Inspection Tips - Red Flags to Look for!](https://getnewhouse.ca/blog/home-inspection-tips-first-time-homebuyers-red-flags-to-look-for)**
**Pros of Pre-construction Condos**
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* **New Properties:** Unlike re-sale properties, pre-sale condos are newly constructed or undergoing construction. Therefore, the structures and designs are new and modern-looking.
* **Easily Customizable:** If you purchased a [**pre-construction property**](https://getnewhouse.ca/blog/things-to-know-before-buying-pre-construction-condo-in-gta-canada), you have the power to suggest changes while construction is ongoing. You can decide to change the floorings, ceiling patterns, color schemes, cabinets, and so on.
* **Long deposit period:** The gap between one deposit and the next increases. This makes it easy for buyers to spread their payments and meet up with the payments.
* **Property Transfer Tax Exemption (PTT) for Canadian Citizens or Residents:** Residents of Canada who meet the tax exemption criteria are exempted from paying presale tax. For newly built homes, the PTT exemption is for purchase price of $750,000 , on the higher side as compared to resale condos. So, if you are an eligible purchaser, you can enjoy some extra benefits.
**Disadvantages of Purchasing Pre-construction Condos**
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* **Intangible:** Purchasing a house that has not been built means you can only see the house plan. You can't physically visit the site to check out the house because it has not been built yet. The builders may decide to change the house measurements to differ from what you were initially shown.
* **Suddenly Rise in Interest rates or Mortgage Price:** Presale is different from resale properties where payment is a one-time or two-time payment. Presale payments can extend to two years or even ten years. The long payment time is quite risky because many things may happen to increase your mortgage. The [**interest rate**](https://getnewhouse.ca/blog/what-does-higher-interest-mean-for-housing-market-in-canada) in presale properties may increase suddenly.
Other factors may also contribute to your inability to complete the payments. For example, you may become unemployed after paying the initial deposits. Without a job and an income, you can't meet up with the mortgage. The tax rate on properties may increase a year after you made your initial deposits. All of these contribute to the inability of some people to meet up with their payments. If you are unable to complete payment after construction is completed, you may lose the property.
* **Expensive Deposit:** Presale deposits are three to five times higher than resale deposits.
* **Extra Charges:** Presale buyers must pay extra charges like GST charges.
Pre-construction Condos vs. Resale: Which is better?
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After weighing the benefits and disadvantages, choosing re-sale or pre-sale hinges on the buyer.
Are you sure you have the fund and the patience to wait? Then go for pre-sale condos that have modern looks.
However, if your source of funds is not sure and you don't want to wait, go for resale properties. Resale property is a safer option, and there is a guarantee that you will pack in after payments.
Which one would you prefer, investing in a [**new pre-construction property**](https://getnewhouse.ca/blog/is-new-construction-good-investment-property-ontario-canada/) or a re-sale one? The final decision is your, so make it wisely.
What salary do you need to comfortably live in Brampton in Ontario, Canada?
Brampton is not only a beautiful city but it is a city with growing population, developing economic sectors and full of opportunities. This city is situated in GTA and is one of the most demanded city in Ontario, as it has a lot of potential. That is why many people want to know that how much money they need to live comfortably here.
So, today, we'll look at the numbers and give you an estimate of what salary you need to live comfortably in Brampton.
## What salary do you need to comfortably live in Brampton in Ontario, Canada?
Living in Brampton is a dream for many people, as the city has everything in it. But before moving to Brampton you must have an idea of the cost of living here. Because the length of your expenses list mainly depends on your lifestyle, like where you choose to live, how you travel, and most importantly what you eat.
So, it is very important to have proper planning or say financial planning and idea of your approximate expenses on necessities like housing, transportation, food, and healthcare before moving to Brampton. Let's take a closer look at these expenses.
- **Housing Costs in Brampton**
Housing is one of the biggest expense, whether you're renting or buying. If we talk about Brampton specially then you will get variety of housing options here like apartments, townhouses, and detached homes. The cost of these housing options mostly depends on the type of home you choose and the neighborhood you live in.
According to Numbeo, the monthly rent for a one-bedroom apartment in Brampton is around CAD $1,500, while a three-bedroom apartment can cost approximately CAD $2,300. Buying a three-bedroom house in Brampton could set you back an average of CAD $740,000.
- **Transportation Costs in Brampton**
Transportation costs in Brampton can also vary depending on how you choose to get around. If you will use public transit, then the cost of a monthly pass is around CAD $142. And if you prefer to drive, then cost of gas is around CAD $1.25 per liter.
- **Food Costs in Brampton**
Food can not be neglected as without food how you are gonna do everything. Huh! So, according to Numbeo, the average cost of groceries for a single person in Brampton is around CAD $300 per month. And this mainly includes basic food items like bread, milk, eggs, and vegetables.
- **Healthcare Costs in Brampton**
Healthcare costs in Brampton can also increase your expense list greatly, especially for those who require prescription medication or have any ongoing medical needs. In Ontario, most medical services are covered under the provincial healthcare plan, but there may still be additional costs for things like dental care or prescription medications that you are gonna pay.
## Average salary needed to comfortably live in Brampton in Ontario, Canada?
So, for single person the average monthly expense is around CAD $ 2,800. So, **a single person living in Brampton would need an average monthly income of more than CAD $3,500 to cover their expenses comfortably**. This amount includes the cost of groceries, utilities, transportation, and entertainment. **For a family of four, the estimated monthly income needed is more than CAD $8,000**. But remember, these estimates may vary depending on your lifestyle and individual circumstances and if you are good planner and know the money management then you can even rock in less.