News   Apr 19, 2024
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  1. K

    Costco - 2000 Eglinton Avenue East

    Costco is already operates business centre online -- Costco.ca. I am an accountant. I order supplies online. Prices quoted online includes delivery to my place. Prices of laser printer tones, including delivery by UPS, is a lot cheaper than retail prices at Staples. A few years ago, I had...
  2. K

    Toronto Aura at College Park | 271.87m | 78s | Canderel | Graziani + Corazza

    A question from the ignorant. In your post, you have referred to Aura's concourse level. What level you are referring to? Main floor where lobby is or somewhere else? Thanks in advance for your patience.
  3. K

    Baby, we got a bubble!?

    Thanks for the link, James
  4. K

    Baby, we got a bubble!?

    http://www.theglobeandmail.com/report-on-business/economy/housing/toronto-condo-developers-head-directly-to-china-to-court-investors/article26264066/ If you think current high condo prices will come down, think again.
  5. K

    Baby, we got a bubble!?

    Condo prices in City of Toronto were up by 9.5%. When, oh when, we are going to get a bubble bust:)
  6. K

    Baby, we got a bubble!?

    http://www.thestar.com/news/gta/2015/09/01/unlivable-beach-house-sells-for-1-million.html Wondering about prices at which Shaw street houses were sold? Click on the link above and read about a house for $ 1million in Beaches area.
  7. K

    Baby, we got a bubble!?

    Now read what 'experts' say about 'bubble bust'. RBC downplays chances of housing market crash. http://www.bnn.ca/News/2015/8/19/RBC-downplays-chance-of-housing-market-crash-in-Canada.aspx
  8. K

    Baby, we got a bubble!?

    Toronto world's 4th most livable, just behind Vancouver. Watch/wait for overseas investors to scoop properties -- houses/condos --. There goes any chance of bubble busting :) http://www.cbc.ca/news/canada/toronto/most-livable-cities-include-vancouver-toronto-calgary-in-top-5-1.3194833
  9. K

    Baby, we got a bubble!?

    $ 100 million apartments in New York. There is no bubble there http://www.bbc.com/news/world-us-canada-33952040
  10. K

    Baby, we got a bubble!?

    A few comments from this 'old pro' on Mortgage fraud -- Brokers falsifying borrower's income. A sentence which has been overlooked is: Credit scores on these applications were correct and there was never a default on these mortgages loans Measuring by establish standards, it seems to be a open...
  11. K

    Baby, we got a bubble!?

    If you were to go back to the beginning of this thread, you will read plenty of warnings, from the pulpit, about impending 'armageddon'. Nothing ever happened. And nothing will happen. A little bit of slowdown, perhaps.Take it from this 'old pro' who was there then. The 'End' is not here or...
  12. K

    Baby, we got a bubble!?

    There used to be a time, when at the hint of a slight increase in condo prices, especially in downtown Toronto, this thread used to lit up with comments that the 'Bubble' has now become even bigger and it is going to be a spectacular blowout in the near future. Now whenever there is a news of...
  13. K

    Baby, we got a bubble!?

    There are news reports in today's papers that CMHC has proposed changes to its insurance criteria. Now, CMHC will consider rental income from a unit, as part of total income, to approve mortgage insurance. Only factor that has not yet been determined is as to whether this criteria will apply to...
  14. K

    Sears Canada (1952-2017)

    Sears sold Lands End a few years ago. As regards buying clothes, try LLBean. I buy my clothes -- especially Winter clothes -- from them.
  15. K

    Baby, we got a bubble!?

    I have been reading this type of 'sage' advice on this thread since 2008.
  16. K

    Baby, we got a bubble!?

    http://www.theglobeandmail.com/report-on-business/top-business-stories/the-canadian-dollar-a-dog-on-a-leash-thats-headed-as-low-as-76/article24775414/ Loonie headed as low as 76 cents -- RBC. I guess that means our real estate will become cheaper and attractive investment for foreigners...
  17. K

    Baby, we got a bubble!?

    http://www.thestar.com/business/2015/05/14/toronto-will-be-top-economic-performer-in-2015-report-says.html Link to an article in today's The Star -- Toronto will be top economic performer in 2015. That means, more people moving into the city. That would mean R/E prices -- especially condo...
  18. K

    Baby, we got a bubble!?

    Quality problems in Brad Lamb's Ottawa project. Read all about it here. http://ottawacitizen.com/opinion/columnists/developer-of-anticipated-gotham-condo-building
  19. K

    Baby, we got a bubble!?

    Definitely No No under the Income Tax Act. Your RRSP plan will automatically be de-registered.
  20. K

    Assignment sale + first time home buyer question

    Here is my take. The following comments should not be taken as a tax advise. I have pasted links to CRA website. A "Qualifying" home must be registered to you. Since you will not be getting the title to the unit, the unit will not be registered to you. For any further fine details, please...

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