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Will it be a good idea to put a Gehry style ultra modern tower in the place of demolition, and let it become a interesting comparison to the old four seasons tower?

^^^I agree, we should have something really can be called a landmark in such a prime location!

Australia does NOT have sale restrictions on Pre-Construction condos, rather they believe foreign investments on pre-con will benefit Autralian people by increasing condo units suppy! Also, the definition of "foreigners" in Australian's restrictions excludes PR holders. And even if these...

http://www.torontorealestateboard.com/market_news/release_market_updates/news2012/nr_market_watch_0912.htm GTA REALTORS® Release Monthly Resale Housing Figures TORONTO, October 3, 2012 -- Greater Toronto Area (GTA) REALTORS® reported 5,879 transactions through the TorontoMLS system in...

Thanks for correcting my mistake!

Investors don't need to unload their properties because of the positive cash flows from their investment properties. Moreover, most investors are wealthier than the young first time home buyers, so they have the better abilities to borrow the mortgages or hold their units. However, there are...

It really depends upon how much you can rent it out and how much resale price you're gonna get.

I've said even if you pay back $1,200 per month you will still make a very good ROI, and my friend definitely paid less than $12,00 per month. People may get different rates from different banks. However, let's even assume the monthly mortgage payment goes up to $1,400, it is still a good...

In this example i use $350,000 which is the current price of a 1+1 unit with parking and locker at city place. My friend's purchasing price was even cheaper because he bought two years earlier. But as I've shown in my example, even if you use all the current price and interest rate, you will...

I would like to discuss some issues about the rental income here. (a) Rental price increases much more rapidly in dt core than some rural areas like scarb. (b) Due to the downsize of the units, the figure underestimates the rental increase. For example, a 500 sft 1+1 unit is rented out at...

My friend's monthly mortgage payment is less than $1200 because his borrowing rate is under 3% and his term is 25 years. But I can take $1200 here just as an example because people always get slightly different rates. Tax is about $150 per month so totally $1670. Don't forget to deduct $600 as...

Please, where is the MPR? When your tenants pay back $1000 mortgage, for you, you cab accumulate $500 in your MPR; when your mortgage is $2000, you will accumulate $1000 per month!

I think I don't need to explain too much and everyone will easily understand MPR will be the benefit to investors since tennants pay for this amount. It is like a monthly saving account deposit to investors. And this is the largest theory weakness for doom and gloomers because with this MPR...

I guess in your calculation you tend to ignore that in the monthly mortgage payment you have around half the amount ($500) goes to yourself! As I've stated above, after adding this amount, you will be definitely well above the break even. Plus, can you guarantee that rental fee won't go up in...

I've said my friend's mortgage term is 25 years, and he paid $120,000 for his down payment, so his monthly mortage is around $1000. His unit is 590 sft and $350 maintainence fee includes parking and locker. Thank you for your guy's calculation but in reality is that he's far above the break...

Sorry I just ask my friend and he told me he got a 25 year term. Other information is accurate. Really sorry for the confuse.

Don't forget when you buy a property by leverage, you will have 5 times the return on investment. An annual inflation rate can be same as housing price at 2%, bu with 20% down payment you will have a 10% return on investment just by capital gain. In terms of the mortgage payment, my friend...

There are some low level units with bad exposure and carpet(not wood flooring) charge lower rent(between $1550 to $1650) but the price of such unit is also lower. I'm talking about the unit my friend has which is typical medium level unit.

No worries, no matter how things change, I can't really see the return can go negative recently. And in the medium run or long run there will always be capital gains as additional benefit. We will see whether these investors will rush to dump their load, or they're gonna transfer the burden to...

Can you tell me the change of housing prices over the past decade? You believe the price won't increase in next five years,or next ten years?