Looking for your place to live should be an exciting time, but it can become a daunting process to deal with. Some renters may find themselves lost in all the paperwork, financing, and legal issues involved. Not to mention the fact that with little experience, they end up paying high prices for units that don't really match what they are looking for.

AssignIt.ca is here to help renters find their perfect condo, and help guide them through the rental process. With our alternative Assignment Listing Service (ALS) and our team of Assignment Professionals, renters will have the opportunity to find exclusive assignment properties for rent and learn more about condominium assignments, which is the fastest growing sector in the real estate market.

Last year alone, we rented out a thousand properties and we can confidently say that our rental search program is second to none.
Most tenants begin the bulk of their search on the MLS (Multiple Listing Service) for a resale rental. The problem is that renters are missing out on assignment opportunities where newly built condo units are going for much less. By choosing to work with an Assignment Professional, members will be able to search through thousands of exclusive properties on the ALS that are comparatively cheaper than their MLS counterparts. Their Assignment Professional will help them put in their offer, negotiate contract conditions and close the assignment transaction.

In addition, members will also be able to work with our real estate lawyers, mortgage specialists and property management consultants that specialize in condominium assignments.

Having completed numerous transactions in an increasingly proficient manner, we can offer you the support and give you the peace of mind that you deserve. We're all here to help renters just like you search for a place that fits your personality and lifestyle needs. Sign up and get one step closer to your dream condo!

In terms of profit, some owners think it would be better to wait and sell their unit on the open market for a higher price. However, they may have forgotten about the costs involved in closing their unit. On average, closing costs have been $15000 including provincial land tax, city tax and education levies along with Tarion Warranty fees, legal fees, hook-ups, disbursements and adjustments not to mention a host of additional fees that the developers are conveniently adding. Most have no idea that they have signed an agreement which allows for these provisions.

You are also paying the Interim Occupancy fees (mortgage, tax and maintenance) up until the final closing. Lets not forget to mention the waiting time, some buildings can take up to 10 months to close on average, $1600 per month or $16,000 over the Interim Occupancy Period. For owners not planning to move in to the units themselves, this can cut into profits earned since the time that they bought it. By the end of it, they’ve paid more in closing costs and carrying costs than the difference between the resale and assignment sale price (ref Graph B).

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As a renter with AssignIt.ca, you will be able to: