The $400,000 Wake Up Call: Toronto Assignment Sales

Описание: If you have a pre-construction condo and you’re looking to assign it, or if you’re a buyer looking to capitalize on assignment opportunities, get in touch with me here: https://calendly.com/houtan-moravej/3...

Toronto’s assignment market has turned into one of the most illiquid parts of real estate right now. In this video, I explain what an assignment sale is, how it worked in the hot years, and why many sellers today need a major price cut, plus incentives tied to the deposit, to get out.

I also break down the biggest reasons assignments are hard to move today, including tighter financing and appraisal risk, more competing inventory near occupancy, and builder rules that restrict timing, marketing, and fees. Then I share real examples on screen and walk through the numbers so you can see how the losses happen.

If you want me to review a specific assignment as a seller or buyer, book a call using the link above.