What you need to know about condos in the Bayswater district of Toronto.
What you’ll need to do to get started with the condo industry.
What you need in Bayswood:Bayshires condominiums are designed for rent-controlled tenants who live in a house or condo for rent.
They’re designed to be affordable to people earning below $200,000 per year.
Bayshares condos are more like apartments than houses.
There are three levels, each with three different sizes of units, and each with its own unique features.
You’ll want to know:How much rent is charged for a Bains condo?
How long does it take to get a condo?
Are there restrictions on who can buy a Baneshires condo?
Can you sell your Bains condominium to rent?
How much do you pay?
What is the typical cost of a Bins condos?
How much does a Bens condo rent?
How many people can live in the unit?
What can I expect to pay in rent for a unit?
How can I rent my Bains condos?
Bayshire Condominiums can be built on the grounds of any city, village, town, park, parkland or other parcel of land owned by the Bains family.
It can be any size of unit.
You can have up to four bedrooms.
There’s no minimum monthly rent or maximum rental amount.
There are three types of Bayshire condos: apartment, loft, and village.
The first is the smallest.
This is where most people live.
The second is the biggest.
This unit is the largest in the suite.
The third is the lowest-priced one.
You might have to buy an additional unit for extra storage.
There’s a special fee for a condo that has no parking and no utilities.
The fee is $150 per year for the first year, then $100 for each additional year.
You will also need to find a condo manager.
The Bayshaums own the condo and the condo manager has to sign the lease.
They also have to pay the condo owner $50 to cover the owner’s expenses and for other things.
It’s a good idea to find someone who is familiar with the area to help you navigate the process.
You’ll also need a condo deed.
It allows you to get information on the condo you’re buying and its current status.
You may also need help finding a property manager.
You may want to call a property service company or a real estate agent.
You don’t need to contact the Banesleys directly.
The Bayshavens family has a lot of history with Toronto, so it’s likely they have some condo experience.
It may be worth looking into an agency or a developer to see if a condo can be yours.
You’re also more likely to be offered a larger unit if you’re a first-time buyer.