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  1. Ric

    Toronto Core Condos | 84.12m | 24s | CentreCourt | P + S / IBI

    Prediction: This will be the fastest selling project of 2014.
  2. Ric

    Toronto Sun Life Financial Tower & Harbour Plaza Residences | 236.51m | 67s | Menkes | Sweeny &Co

    Always love your pictures Jason. Great stuff!!!
  3. Ric

    Musée (Plazacorp) - Real Estate -

    I think this project will sell very well as units are well priced. Really like the 1B+D, 2Bath units. Floorplans overall are good. Compared to what's available nearby; buyers should have immediate built in equity on purchase.
  4. Ric

    Baby, we got a bubble!?

    Your preaching to the choir. However, people like CN Tower don't want to hear that logic.
  5. Ric

    Baby, we got a bubble!?

    Expect an increase in canadian real estate sales and prices as overseas investors (europe) move money from cash (banks). With what's happening in Cyprus I guess real estate is a safer place than banks. The logic is that it's safer to own a million dollar property in canada and risk losing 40% if...
  6. Ric

    88 Scott St. (Concert Properties) - Real Estate -

    The living room is wayyyyyy too short (9'3"). If you take away 6 inches for the counter overhang u r left with only 8'9" for total living area. What floor is this located on? What's the ceiling height? Is your view obstructed at this level? If not, will it be in the future? All these will...
  7. Ric

    Good Realtors (to sell property)

    +1. Gr8 advice
  8. Ric

    Baby, we got a bubble!?

    I saw the property and think it is worth $650,000. If he had priced it at $649,000 it would have sold for full asking. Seller lost in my opinion. I think under pricing in the hope of a bidding war is done mainly to stimulate hype, which I don't agree with. I'm tired of this game.
  9. Ric

    Toronto King West Life Condominiums | ?m | 25s | Plaza | Gabriel Bodor

    Units are nice, but you are right, they are an eyesore; especially from the Gardiner.
  10. Ric

    Baby, we got a bubble!?

    This is the same dude that predicted that BB10 would sell 1.5M units then revise to 300,000 and now is at 800,000 all within 2 months. Between this "anal yst" and the weather man, I don't know who has an easier job. Being wrong all the time and still keep my job. Anyway, it's obvious he has...
  11. Ric

    Baby, we got a bubble!?

    Great Canadian job numbers (50K+) and not so bad out of the US either (200K+). Also, US housing now in full recovery mode. Canadian interest rate still extremely low. Banks in full interest rate war. All points to a great spring housing market. Garth Turner's worst nightmare; the sky isn't...
  12. Ric

    Toronto Ten York Street Condos | 224.02m | 65s | Tridel | Wallman Architects

    Dude, are you living under a rock? Where did you get that 6% over 5yrs from? "Condo" (not Apartment) rental rates have skyrockected over the past 2yrs. Take it from someone who is on the ground and seeing rental bidding wars daily. Also, as mentioned by another poster, Builders require 20-25%...
  13. Ric

    Toronto Yonge & Rich Condominiums | 156.35m | 46s | Great Gulf | a—A

    Intersection of Yonge and Rich(mond). Makes sense to me. As for INDX; seems the "douchie" marketing worked, since it was the top selling project of 2012. So much so that even I purchased a unit. ;)
  14. Ric

    Toronto Yonge & Rich Condominiums | 156.35m | 46s | Great Gulf | a—A

    I've been very impressed with all of Great Gulfs downtown (completed) projects (Hudson, X1, Charlie). Workmanship and finishing is the best I've seen so far. With the combination of great location and builder; I'm predicting Yonge+Rich will be the best selling project for 2013. I'm batting a...
  15. Ric

    South Beach Condos & Lofts (Amexon Development Group) - Real Estate -

    Don't do it. South Beach, Nautilus are better bets.
  16. Ric

    What is your current situation in the real estate market?

    An agent representing a Buyer will usually sign an agreement (BRA) stating what the agents commission is (usually 2.5%) and that any shortfall from this amount will be covered by the Buyer. Now lets put aside this notion that the Agent will only show properties that pay him his 2.5%. As long...
  17. Ric

    Toronto INDX Condos | 178.6m | 54s | Lifetime | P + S / IBI

    Seems to be on track for December 2015 Occupancy.
  18. Ric

    Baby, we got a bubble!?

    Here's my real estate investment advice for 2013. If you are looking to purchase (resale or pre-construction); make sure you purchase in an area or project that has direct or very close access to transit (subway). These properties will outperform over the next 5-10 yrs when real gridlock hits...
  19. Ric

    Baby, we got a bubble!?

    Lots of buyers out there. I expect a robust spring when they realize the sky aint falling and the US economy and stock market is in full recovery mode. No crash in 2013.
  20. Ric

    Toronto South Beach Condos + Lofts | ?m | 27s | Amexon | Arsenault

    IMHO, the best completed project in the past 5 years.

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