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I suspect people who bought an older condo didn't spend the same price per square foot for it when they bought it years ago. So, even if they sell it now for below what a new condo would get they may still get a good return. I suspect most people will not pay more for a older condo over what...

We bought for investment and I believe picked C. All the finishes were quite good IMO.

Depends what you mean by upgrade. If you have to remove tiles and reinstall tiles this could be more expensive than having the builder do it the way you want it in the first place especially when you factor in the fact that you already paid for what you are now tearing up. Also drilling conduits...

Maybe hardwood in the bedroom. Other than that I wouldn't bother with any of your other ideas. I do suggest that you check to make sure you have enough cable and light receptacles - eg. for chandeliers, ceiling light fixtures in dining room, bedroom and maybe living room. Also carefully think...

A family member has the same suite. She put white epoxy on the floor and smoothed some of the creases out of the walls. Results were terrific. I find the unit a bit dark but with some track/cable lighting running from the light fixture in the kitchen this can be easily corrected. I generally...

Please no referendum. We elected our civic leaders to run the city. Let them do their job. They will be held acountable at the next election. Personally, I don't have the time or access to enough information and experts to come to any reasonably informed decision on this topic. I suspect people...

you might want to look at s.84 and 85 of the Condominium Act. Here's the link. http://www.e-laws.gov.on.ca/html/statutes/english/elaws_statutes_98c19_e.htm#BK103.

Well done! I think you'll appreciate the extra storage with cabinets over the island.

I can't stand that Mercer one. I have to change the channel when that comes on. Hopefully they didn't pay someone to come up with that idea.

Is there a website where we can get more info?

Timely thread - I found an anonymous typed note in my mailbox yesterday telling me to pick up my dog's crap, informing me that they "know who I am" and that I am being watched and threatening to call the police if I don't pick up my dog's crap. The only problem is that I don't have a dog.

Max out your RRSP contributions first so you get the tax deduction. I also assume you already own your own home. If you don't, the capital gains exemption for your principal residence makes owning an attractive investment. I also don't like mutual funds much - the fees can siginificantly reduce...

I've amended my last two purchases from developers. My amendments included a provision re excess deposit insurance, cap on heat pump rental or purchase amount (note as a result of this I ended up getting a free heatpump since I had two in my unit), a cap on the other adjustments / levies and a...

I hope so since I bought a unit in the building but maybe we should wait until it's finished lol! Looking great so far!

I used to live at Mozo and moved to Corktown last year. While there may not yet be a Starbuck's at the base of every building, there are lots of amenities with 10 mins. I still walk to the pub (eg Betty's) and the grocery store (Sobey's) and i still walk to work (King / Bay). The nice thing...

I live on the next street so I know the area well. What is your definition of a good area?

Red - You get the view plus who wants to look at a kitchen especially when it is dirty!

How is this a terrible location? It is one block from the Distillery. it is a reasonable walk to the Financial District, it is a stones throw to Little Trinity Church and Enoch Turner schoolhouse and in a couple of years (ie, close to when it will be completed), it will be very close to the new...

My opinion stay - stay with the folks for a couple of more years and go to school. This will benefit you for the rest of your life. If you ever want a family you'll have a hard time raising one in Toronto on that income. Another alternative would be to come here for school and live in residence...

I think sales will remain lower but prices won't drop too much. I would expect to see some early stage projects being cancelled. This will eventually reduce supply to a healthy level - i.e. more in equilibrium with lower demand.