Make $120K Selling A Parking Spot? 🚗💸 Pros & Cons of selling a condo parking spot. Toronto realtors

#Torontorealestateagent #TopAgent #TopAgents #realestateexperts
#TorontoCondos #RealEstateInvesting #ParkingSpot #CondoLiving #DowntownToronto #RealEstateTips #TorontoRealEstate

Discover the untapped potential of selling your condo parking spot in Toronto! Karen dives deep into the lucrative pros and cons of selling your single parking spot separately, especially in bustling downtown areas.

From significant profits to potential market limitations, get all the insights you need to make an informed decision.

Whether you're contemplating selling or just curious about the market, this video is your ultimate guide to navigating the complexities of condo parking spot sales in Toronto.

🚗 Why Watch?

- Uncover the potential profit range for parking spots in Toronto.
- Learn how selling your parking spot could reduce your condo fees.
- Understand the implications for future sales of your condo.
- Get tips on navigating the sale process, from checking if your spot is deeded to understanding HST implications.

🔍 Key Takeaways

- The demand and location can significantly affect your parking spot's selling price.
- Selling your parking spot can offer extra savings on condo maintenance fees.
- Consider the future attractiveness of your condo without a parking spot.
- Strategies for dealing with the potential need to repurchase or rent a parking spot.

Thank you for watching!

☎️ If you're looking for a trusted real estate team to help sell your home for top dollar with a custom marketing plan, or to assist you in purchasing the right property, give Karen's team a call at 647-836-2895

Karen Law
Toronto Real Estate Broker
Century 21
Direct: 647-836-2895
http://www.TorontoRealEstateSpecialists.com

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TIMESTAMPS
00:11 - pros of selling a condo parking spot
00:17 - average price of a condo parking spot in Toronto
00:22 - factors influencing the price of a condo parking spot
00:49 - cons of selling a condo parking spot
1:34 - what you need to know if you are selling a condo parking spot
2:01 - is there HST tax when selling a condo parking spot
2:28 - closing costs for selling a parking spot
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PURCHASING A PARKING SPOT? Watch this helpful video: https://youtu.be/Qz1LqGyWTQ4
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THINKING OF SELLING?
Find out what your home is worth right now: https://torontorealestatespecialists.com/free-home-evaluation
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View the full video transcript here:
https://bit.ly/sellingcondoparkingspot
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