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Yes, I bought it last month...lol...I am happy with the market response...

You got a great deal living in a 650K loft for 2200 per month. I am currently renting my 330K loft for $2000K...and I receive multiple offers for the lease...I guess both of these are unique cases...

I think this is what's happening...maybe because i came from London England...I found RE in Toronto is ridiculously under valued...maybe I was spoiled...lol...

Floor plans are now on their website: http://www.synclofts.com/flash.php

Thanks again for your detailed reply cdr108~!! I love the openess of your layout... The lot size 20ft by 35ft, and the structure occupies the entire lot. It's zoned R4(1.0), means multi-unit dwelling with maximun floor space of the lot size. If I want to increase floor space, I either have to...

Back to the topic...with the annoucement last week, which seems to be welcomed by many...now my realtor is telling me, it is in fact creating a "mini bubble". From now to April, all those first time buyers or investors depending on the 5% are rushing into the market before the 5% is finlly gone...

Although I don't tend to agree Brian's view, a realtor's view...I don't think you guys are on topic...personal attack on job title or relationship is not funny~!

Thats because everyone is talking about a bubble...and then, everyone wants to sell before the bubble burst!!! It's all speculations...we saw speculative buying...now its speculative selling...all by media!!!

That's right, on the outside facing of the "light-box" courtyard, there should be a layer frosted glass...as it is opening to neighbour's backyard...that's why there's limited window space...but does not prevent us from creating courtyard openings.

Haha... of course there will be window coverings...I thought that was very obvious...

Hey guys, I am designing a one floor, one bedroom laneway loft. One challenge is to have natural light. So I have designed a narrow courtyard to be the centre piece of the whole loft. Let me know what you guys think? The loft size is 20 ft by 35 ft.

When RE investors do put more than 5% to save CHMC insurance etc...they can always cash out their capital by HELOC... It's still liquidity... So more than 5% won't hurt real investors with sufficient funds...it will keep pure speculators that want dangerous investing (pre-constructions they...

Yes...sorry I did not have much to write, not a writer...just want to start a cornor for people to discuss...haha

Trefann Court The Trefann Court Residents Association has a long and colourful history; its founding meeting was August 11, 1966. Earlier in their respective careers, four ex-Toronto mayors helped organize this neighbourhood: David Crombie, John Sewell, June Rowlands and Barbara Hall. The...

It's one of the most interesting part of Toronto.

Maybe that's a good thing? No?! Better focus on getting things right than getting re-elected...

It's indeed the BORROWERS~!! Coz they are smart You know what, I would go for the 5% down + 35 years too even though I have the cash...with such low interest rate who would not want to free up some cash and wait for the "bubble burst" to scoop some deals? The question is not how many people...

Unless you purchase compulsory mortgage insurance. CMHC mortgage insurance chart here: http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_005.cfm For a 5% down, 35 years amortization , you need to pay: 2.75% + 0.40% = 3.15% premium. If a standard 5 yr mortgage is at 4% fixed rate...then to get...

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And also...I am interested to see the volume of sales last year. People have been talking about average price increase...but if only a small number of properties were sold, that price increase would be less significant. It is the combination of price incrase and sales volume that form the momentum.