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What to Look for when Buying your First ever Condos in Toronto




Looking to buy your own Condo in good old T-Dot? Chances are, your experience will be different because its not a townhouse in the first place. Condos in Toronto are located in some of the city’s unique districts giving the resident a unique viewpoint and a vantage point.

Yorkville, Bay Street, City Place, King’s Street, Etobicoke and the Toronto Waterfront are unique locations. And before you think of buying one, consider the following factors in mind before you embark on the purchase journey.

1. You need to gather more money than you need to catch a down payment

When you are going to buy a home, you must keep in mind that a down payment is a must otherwise it is a no-no situation. Paying a suitable amount for down payment helps speed up the condo acquisition process.

When buying a condo in Toronto, you will need 5% for reselling the condo and 20% for pre-constructed condos in the final purchase price. If there are unsold condominium units coming close to the project’s finishing date, builders at times accept reduced down payments.

But it is preferable to have more than the minimum percentage of the ideal purchase price because your preference might change. Paying for a pre-constructed condo is more expensive than one that already exists.

2. Keep some money for the closing costs

There are costs when it comes to closing a real estate acquisition, known as ‘closing costs.’ In Canada, buyers cannot lump these costs in their mortgage as they are required in cash.

Here are the possible costs that are due when buyers close in on a condo:

  • Land transfer tax (for the purchase of condos on resale).
  • Municipal tolls.
  • Notary fees (lawyer’s charges).
  • Condo home inspection fees.
  • Prepaid condo fees covering the first month’s balance.
  • Prepaid municipal tax.
  • Appraisal fees for lender or banks (when buying resale condos).

There are also post-closing costs, such as:

  • Connection fees for services and utilities (water, internet, gas, phone).
  • Moving expenses (cost for shipping the goods).
  • First maintenance charges on cooling & heating systems.

They don’t cost considerably but they add up quite fast.

3. Organize the necessary documentation

Before you sign a mortgage, you need to validate your information and show the necessary documentation.

That being said, most lenders prefer seeing your proof of income and your official letter of employment, as well as your last two years’ tax papers and bank statements of the last two months.

They are easy to get but take a lot of time when collecting them.

4. Lower your debt burden

That is a problem most first-time condo buyers overlook. Debt ratio is the ratio of one’s debts to their gross income. This is used by lenders to check a buyer’s credit worthiness and the level of risk when approving a lease or mortgage.

When debt load is low, the mortgage rates one gets will be much better.

For those having large debts, they must pay their bills each month timely and work towards an established income. Consulting a debt specialist also helps as a person can consolidate their debts to raise their monthly cash flow & pay less in interest.

5. Check and improve credit score

This is a person’s first impression in purchasing a condo when interacting with banks and lenders. It exhibits to lenders how much debt they have and how can one pay them off.

A low credit score can hurt a mortgage’s interest rate when purchasing a condo. Debt or no debt, that score can get low. Reasons are:

  • Poor credit utilization.
  • Opening and closing numerous credit accounts constantly.
  • Debt ratios are unbalanced.
  • Untimely payments.
  • Non-awareness of a bad credit mark.

People can check their credit score without cost by ordering a copy of their credit file via mail from either Equifax Canada or TransUnion Canada after filling out their relevant questionnaires.

6. Using mortgage brokers to get better rates

A mortgage broker is the first person to contact when buying a property. They are experts at finding the right mortgage as per a buyer’s specific situation. In fact, they also have access to lending companies in a manner that buyers don’t get.

Lending companies specialize in residential mortgages and do not offer services that a bank does. They do not interact with the public as not only do they not have any overheads but have rates better than what banks offer.

Buyers will face the following challenges when shopping around for mortgages themselves:

  • Finding the best rates can become hard
  • A lot of time will be consumed in appointments.

Mortgage brokers offer free services and get a commission once the deal is signed at no extra charge to the buyer. In fact, buyers face no drawbacks in using them.

7. Take help from real estate specialists

Always find a realtor you feel are honest because they help you find the best property at the best price. The realtors take their commission from the sellers and not the buyers.

When buying a pre-constructed condo, realtors can help buyers catch reduce down payments, get upgrades at the same costs, ability to get valuable storage units and park spaces as well as reviewing the contract for negotiating better terms.

Do not forget to hire a home inspector when buying a resale condo.

8. Never buy a condo just for the view

Do check for amenities you need, the facilities you need and accessibility to work when you are buying a condo. Do not forget to ask yourself if you really need a condo?

Toronto is unique because it has more apartments and condos per square foot in North America (more than New York). Such helped the city combat a massive urban sprawl. If you are looking for Affordable Condo in Toronto Visit Toronto Condo Team right away.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Applications of Automation in Research and Clinical Diagnostics




Precision counts in the fields of science and medicine. This is particularly true for the basic task of counting and analyzing cells, which is used in both clinical and research settings. The introduction of automatic cell counters, which provide efficiency and accuracy that manual approaches cannot match, has resulted in a notable advancement in this field.

What is Automated Cell Counting?

Automated cell counters are advanced instruments that are made to precisely and swiftly count and examine cells. In contrast to manual counting methods that rely on human vision and a microscope, automated counters use software algorithms and image technology to count and analyze cells. This ensures more accurate findings by expediting the procedure and lowering the possibility of human error.

Type of Automated Cell Counters

There are several types of automated cell counters used in research and clinical diagnostics, each employing different technologies and methods for cell counting. The main types of automated cell counters include:

Image Cytometers: These devices use optical microscopy to statically image cells, which are frequently labeled to detect certain molecules or provide contrast. Cell counting is aided by the automation of image cytometers made possible by digital cameras.
Flow Cytometers: Use a regulated flow of suspended cells to align individual cells for analysis. Staining cells with fluorochromes enables visual characterization of the cells and facilitates high-throughput analysis.
Cell Sorters: Arrange cells according to their electrical properties. Sorting is accomplished by dividing the fluid stream containing the cells into droplets whose electrical charge varies according to the kind of cell and guiding them into various containers.
Time-Lapse Cytometers: Allow for continuous monitoring of cells in an incubator by employing non-heat-generating light sources, such as LEDs, in conjunction with image cytometry to investigate cellular dynamics without causing damage to living cells.
Hemocytometers: A qualified technician, an optical microscope, and a gridded slide with known volume wells are used in this manual cell counting approach. Up until the 1950s, hemocytometers were the norm for counting cells.

These various types of automated cell counters provide effective and precise methods for cell counting and analysis, each with unique benefits and uses in clinical and research environments.


Automated cell counters have become indispensable tools in understanding cell behavior. They are used in various research fields, including cancer research, drug discovery, and stem cell therapy.

One of the key benefits in research is the ability to handle large volumes of data. For instance, in drug discovery, automated counters can quickly analyze the effects of thousands of compounds on cell growth and death. This high-throughput capability accelerates the pace of research, allowing scientists to screen potential drugs more efficiently than ever before.

Moreover, automated cell counters offer the precision required to detect subtle changes in cell populations. This is crucial in fields like cancer research, where understanding the behavior of cancer cells can lead to the development of more effective treatments.

Clinical Diagnostics

The impact of automated cell counters extends beyond the research laboratory and into clinical diagnostics. In medical laboratories, these devices play a critical role in routine blood tests, infectious disease diagnostics, and monitoring patient health during treatment.

For example, in a routine complete blood count (CBC), automated cell counters can quickly provide a detailed analysis of different blood cell types. This information is vital for diagnosing conditions such as anemia, infections, and blood cancers. The speed and accuracy of automated counters mean that patients can receive diagnoses and begin treatment more swiftly.

In the context of infectious diseases, automated counters can detect and quantify specific pathogens or immune cells, helping to diagnose infections quickly and accurately. During the COVID-19 pandemic, automated cell counting technologies were instrumental in monitoring virus spread and patients’ immune responses, showcasing their value in crisis situations.

Challenges and Future Directions

The initial cost of these devices can be high, and their operation requires specific technical expertise. Additionally, different types of cells and conditions may require customized counting protocols, necessitating ongoing adjustments and updates to software algorithms.


Looking ahead, ongoing advancements in technology promise to further enhance the capabilities of automated cell counters. The global cell counting market growth is anticipated at a CAGR of 7.5% by 2032. Innovations in imaging technology, artificial intelligence, and machine learning are expected to improve accuracy, speed, and the ability to analyze more complex cell characteristics. As these technologies evolve, automated cell counters will become even more integral to research and diagnostics, opening new avenues for scientific discovery and patient care.

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