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M5V Condominiums 
375 King Street West, Toronto
Developer: Lifetime Developments, TAS

M5V Condominiums | 119m | 35s | Lifetime | Core Architects | Page 76

Discussion in 'Buildings' started by AlvinofDiaspar, Sep 6, 2006.

  1. grey

    grey Senior Member

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    Wishful thinking. Less than 5% of Toronto's condo market is owned by foreign investors, and most of them hold onto units for 6 years or more. The CMHC collects this data semi-annually.
     

  2. TheKingEast

    TheKingEast Senior Member

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    Keep banking on that. You may be very disappointed.
     
  3. NBGtect

    NBGtect Active Member

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    Most condo investors live in the 905 and own a SFD home (which is gold!) as collateral. As long as there is a rental market in TO with low vacancies (there is!) there is no reason to believe that there will be a crash or people running for the exit door with a fire sale; let alone all doing it at the same time. It's not like they are in a social club and figure this stuff out as a group. This isn't the stock market. Real property runs with its own set of rules. But check with Garth for his take.
     

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