Thursday, June 25, 2009

Flipping Your Minto SKYY Condo?

If you are planning on flipping your Minto Skyy Condo unit consider this:

If you have purchased a Minto Skyy condo with the intention to flip it (sell it without actually occupying it), the seller must register the property with Tarion.

The seller must now provide the buyer with a letter agreement stating that the sale of the Skyy condo unit is a resale deal, the start date of the warranty and the remaining warranty info along with the contact info. This letter agreement should be provided by the seller, at the seller’s expense to the buyer. The form must be picked up in person from Tarion and has a cost of $350.

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The Minto Skyy Condo

188 suites in a 23 storey building located on the Danforth.

The building is currently under construction.

Contact Chris to arrange mortgage financing or if you have any questions.

Contact Joy if you are looking to buy or sell in the Skyy Condo.