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  1. K

    Baby, we got a bubble!?

    Whenever possible, can you, please, update us on the sales/prices of condos?
  2. K

    Baby, we got a bubble!?

    http://montrealgazette.com/business/local-business/real-estate/montreals-new-condo-scene-a-buyers-market-of-high-supply-and-flattening-prices?__lsa=aeaf-f168 Montreal condo news. Buyers market, flattening prices.
  3. K

    Baby, we got a bubble!?

    This thread is about 'Bubble' and it used to very interesting/exciting to visit this thread. There were always predictions about the coming armageddon -- 6 months from now or may be around X-mas or next Spring and the slaughter of lambs, that is, unsophisticated investors. Then there used to be...
  4. K

    Baby, we got a bubble!?

    In the past, there have been links on this thread to articles in Toronto Life: (1) about a couple with one child living and running their business from a 2 bedroom apartment in downtown area -- not core downtown though; bigger room was given to the child, living area was used as an office --...
  5. K

    Baby, we got a bubble!?

    http://www.theglobeandmail.com/report-on-business/economy/housing/the-real-estate-beat/torontos-housing-market-gets-off-to-surging-start-in-2015/article22779802/ Just got posted on Globe & Mail website
  6. K

    Baby, we got a bubble!?

    http://www.torontocondoteam.ca/peterstreetcondos Link to a website extolling virtues of Peter Street condos.
  7. K

    Baby, we got a bubble!?

    From my little inside knowledge of rental market, rental market is going to get even tougher going forward. Titles to the units in AURA lower corporations will be transferred to the purchasers starting February 18th. Purchaser will be free to list on MLS units for sale/rent. Then, units from...
  8. K

    Baby, we got a bubble!?

    Folks, I would like to make a meaningful contribution to discussions in this thread. However, this concept of Million Dollar property is beyond my imaginations. As such, I am sitting on the sidelines. This thread is about 'Bubble'. I have been reading on this thread since 2008 that a bubble...
  9. K

    Baby, we got a bubble!?

    I would like wise guys on this thread to give their thoughts on the economic conditions as they are today and as theyare expected to be in the future. Inflation rate could dip to zero or even in the negative (early depression) Economy in Alberta has already taken a dive and province could...
  10. K

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

    I know someone who has a unit on the 76 or 77th floor. His date of occupancy is end of March 2015.
  11. K

    Good Condominium Management Companies

    I live in College Park1. ICCproperty Management is our management company. Will highly recommend it.
  12. K

    Baby, we got a bubble!?

    There was a news item that you guys --especially Interested -- seem to be ignoring. Re-introduction of 'investor visa' program. Earlier, Federal government had scrapped investor visa program. In Vancouver area, individuals, who had purchased real estate with the intention of moving in when...
  13. K

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

    Retail space was sold at $ 800psf in March 2008. Plus spaces are too tiny. Units are too expensive for someone to buy 2 or 3 adjoining units, turn them into 1 unit and operate a profitable business. There is something called hope & 'greed'. People bought spaces in the hope that they will have...
  14. K

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

    Technically, that space is a city street. Perhaps, that is why it is being shown as a passage to the park.
  15. K

    Baby, we got a bubble!?

    I would like to add my 2-bits worth. Things are not going to get any better. About 6/9 months ago, Government had scrapped 'investor's immigration visa' program siting abuses in the system -- read: mainly by individuals of Chinese origin from Hong Kong or China. This brought a temporary relief...
  16. K

    Baby, we got a bubble!?

    You are on the right track. Keep on, as they say, trucking.
  17. K

    Baby, we got a bubble!?

    . I think you are comparing apples with oranges. Today, precon might be at par with resale. However, for someone who does not have too much money and wishes to buy a place to live down the road, it still is a good deal. Down payment today at 5% comes to $ 10,000. Most likely, this $...
  18. K

    Baby, we got a bubble!?

    Thanks for this emotionally uplifting post for those who already own a piece of Canada -- especially in Downtown TO. Keep these types of posts coming. For those, who, for various reasons, do not yet own a piece of Downtown TO, well, that's another story.:)
  19. K

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

    In March 2008, units in the basement were going for $ 800 psf. At that time, there was lots of hype about property values going up down the road, captive customers living in AURA and eventual connection to PATH. Things looked very rosy at that time. There is provision -- knock down panels --...

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