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I think the tax will make more of them if not all of them use Toronto instead of Vancouver as a laundering machine. Vancouver prices here we go!

Loads of sand in the subway entrance room. Walls have been fully painted.

No one is going to be happy if they are priced out of a home they should historically be able to afford. Its just when you as a foreign investor have a choice between buying land in liberal vancouver/toronto or in conservative xenophobic montreal you'd probably choose vancouver/toronto. Also in...

Montreal and quebec in general is very mean to non-quebecois. Not a place to put your chinese kid if you want him to be treated nicely and with respect. The people there are not afraid to be called racist.

Toronto and Vancouver are just a few of the cities which property is used to launder foreign money and so forth. If all countries (US, CAN, UK, AUS) were equally priced then the foreign money would prefer them in this order: 1. UK (Probably because they think its a very stable economy, popular...

Ttc is only responsible for the tunnel. The entrance and lead up to it is apparently the condo corporations reponsibility. They would shut down 3/4 elevators to save money so I would not be surprised if they just put tiles on the floor and call it a day.

They took away the scaffolding near the tunnel entrance. That is one low ceiling.

Lets compare foreign percentage of sales to yearly price increases from May 2015 to May 2016: Richmond: 14% foreign sales sees +45% (http://www.rebgv.org/home-price-index) Burnaby: 11% Fsales sees +39.5% (http://www.rebgv.org/home-price-index, I just averaged all the 3 Burnaby regions) Surrey...

Yes. This is about the only place I am excited for other than the LCBO. Finally some carribean food.

Yay i love jerk pork Apparently this place is moving/expanding here from an old location. They have good reviews. As for the Metro closing on the deal, I am surprised they have not bailed. But its so strange they let their tenant renovate but do not do it themselves. There is also a small...

The printer/copy/fax computer repair place has started renovations. The flower store has taken unit 129.

Drywaller and tiler/framer strike has ended, they come back tomorrow: http://www.local675.ca/return-to-work-notice

People in China are raising the prices of their homes so they can borrow more. With this borrowed money they send an employee of theirs over to a western country like Canada along with money for a down payment for a home and monthly they pay the employee just enough for the mortgage while the...

New completion date coincides with LCBO opening. If not yet inspected by then we should see a tunnel in February 2017.

Retail is around 2x more pricey than residential in terms of $/sqft. Also the tax on commercial property is much higher than residential (2.7% vs 0.7%). We spoke to around 3 other unit owners and they report similar costs. I think its why that fused multiple-unit unit will not divide yet...to...

Today was final closing. Many unit owners came to inspect the units. Many spoke mandarin very loudly. Some came to me and complained about all the levies they got. Final total adjustments for each unit is a constant 17k. It is the pretty much the same for all units regardless of size. The 3K...

North York's latest modern art sculpture!

Well at the moment and foreseeable future a rate increase is political seppuku for whatever party is in charge. Foreign investment is apparently keeping the economy afloat, so doing away with that will also be some sort of political seppuku. The government has tools to stop this madness but...

Many think their homes are making money for them however they are blind to the fact that it is just a price unless you sell. Many of my neighbors over the past 2-3 years upgraded from reliable 5-10 year old Toyotas and Hondas to BMWs and Mercedes with some going as far as a landrover. Where are...

He's pretty nice the annoying thing is they are for some reason testing the fire alarms every week. They have been testing them every week iirc for months now. Update: The presotea has begun renovations. The Sandwich and Breakfast store have the tenants regularly check up on the unit.