News   Jul 12, 2024
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News   Jul 12, 2024
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  1. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    The sushi&teriyaki food court unit has taken down their sign. A new sign has gone up showing that it will be serving Indian food.
  2. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    I'm sure very few Chinese people would be insulted if they are called Chinese nor would any of these commercial unit owners be insulted if their stores here were referenced to Pacific mall. Everyday I hear the words "Pacific Mall" at least 3 times. A spade is a spade, not an insult... I am...
  3. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    I used to like this project as well but then the floods started, the anchor tenants all bailed, the doors keep breaking, the walls are stained with water damage, the management doesnt do anything but still takes your money every month, the subway entrance of which we paid a 10% premium for is 2...
  4. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    Another door is now broken near the Timmies. I remember they fixed it once because of the same issue months ago. The metal near the bottom of the door holding the glass pane got bent and now the door won't close properly. You must be Jonathan Gold. I remember you telling us that Metro closed...
  5. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    Management says that the board ordered an engineering survey. Data for real estate sales in Canada is heavily controlled by special interests and for some reason they plan to keep it that way. Just the other week GTAsoldview got taken down. Listening to anything TREB or board related for real...
  6. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    They should be pretty worried for e-condos and 1 Yorkville. The housing market is looking to correct after this year or at least slow down. High possibility of a foreign tax coming to Toronto even though Wynne said there would be none. You can see from Vancouver that even condos are not immune...
  7. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    I have a commercial unit. Okay so we occupied our unit September 2015 but we did not yet do a final closing so every month we had to pay monthly occupancy fees. One part of this monthly fee was estimated property tax. Since the building was not registered yet the units could not be assessed for...
  8. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    For anyone else in my situation where the builder did not pay the property tax what you do is you tell this to your lawyer then send him your tax bill and receipt. He/She will sort it out for you. Do not forget that the builder also has to return the HST they charged as well as any overestimated...
  9. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    My 2017 property taxes are the same as the tax in 2016. There has been no increase. For commercial if you don't occupy the unit you don't pay any tax at all.
  10. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    Okay guys so I've done some research and thankfully there's another entry on here about this: http://urbantoronto.ca/forum/threads/developer-didnt-pay-property-tax-out-of-occupancy-fee-any-examples.13659/ Apparently you have to go after the developer for these fees and they do tend to give it...
  11. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    No, you don't get what I mean. My entire 2016 taxes are equivalent to my 2017 taxes. The 2016 interim/supplementary bill is the same amount as my 2017 taxes. The builder charged me around 570 a month + hst for an entire year (2016) so they could pay the city after final closing. But they didn't...
  12. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    My bill says 2016 Omitted/Supplementary tax bill...and its the same amount as my 2017 interim bill, sorry I did not mean to write Interim/Supplementary, I meant to write Omitted/Supplementary
  13. Bill123

    Emerald Park Condos (Bazis International, Plaza, Metropia) - Real Estate

    Yesterday we found out the builder did not pay our 2016 taxes. During 2016 occupation and before final closing we paid monthly property taxes to the builder and during final closing we paid about half a year of taxes in a lump sum so the builder could pay it for us. We still received a bill for...
  14. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    Revolving doors are very expensive as are electronic sliding doors. Cheapest solution would be framed doors like what the office entrances use. Just the engineers to design the new doors will probably be 10k. Then the manufacturing would be extremely expensive because you will only be doing 3...
  15. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    Nope. On a cost perspective they shouldn't because they will only break again. One door aparently costs 3k...
  16. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    I can fix it myself no problem, I am just warning others. I don't think it's wise to fix the paint when a leak can occur at any time and damage the paint again. I used to want to sue but best case in scenerio is I win and they fix the symptom but not the problem. They can always agree to fixing...
  17. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    From my experience I don't think this building has a true management. There is some kind of "Shadow Management" going on. The "managers" are merely puppets to someone in the shadows, likely the incompetent Jonathan Gold. The managers Tanisha, Vesna and Bonnie are merely "agents" so no matter who...
  18. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    Housing construction, I would wager, is responsible for more than 2.5% of GDP. You have the customer buying the new house which goes into that 2.5% but also know that there is usually a mortgage attached to it or a HELOC which 22% of households have. The money from the HELOC goes into paying off...
  19. Bill123

    Toronto Emerald Park Condos | 128.92m | 40s | Bazis | Rosario Varacalli

    When I say Canada does not make much aside from houses I mean it in terms of manufacturing. I find it hard to believe that construction is lagging. Many of the new construction jobs are in independent contracting which is cash intensive, earnings are under-reported and hard to track the scale...

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