News   Oct 22, 2019
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News   Oct 22, 2019
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News   Oct 22, 2019
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    Baby, we got a bubble!?

    So, how long do we have to wait before we declare it a soft landing? Prices peaked in July of 2017 with an index of 254.93, and then fell 7.4% to 236.07 in Dec. 2017. Since then in the last year and a half, they've increased at about the rate of inflation. In any case, in less than 6 months...
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    Baby, we got a bubble!?

    I just got my mortgage discharge documentation last week and in the letter from my bank they said to contact the insurance company to tell them the mortgage is discharged. So, I did, and guess what? My insurer has a huge discount for mortgage-free owners. I got almost a 20% discount! This was...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    Some pix of the west, north, and east sides, from last week:
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    I wasn't expecting that colour at the bottom. Looks fine now, but it seems it might get dirty looking really quickly. Looking forward to it!
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    I didn't realize this is just down the street from Haven on the Bluffs, on the same street. You mentioned Glen Everest, but the front is actually 2201 Kingston Road. Regarding my previous post above, you can see Cliffside Public School right behind the lot for Haven on the Bluffs. (This...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    Well, perhaps more like really grungy apartments in the area, some of which are rented to crackheads. Take a walk on the north side of the street, in the alleyway behind the shops, and look at some of the apartments there. Pretty awful looking. Really sketchy. Or at least they were previously. I...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    So, despite some previous claims here, the final colour isn't even close to that grey base.
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    Ah, so a lot of the brick is already up around back.
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    Glad you posted those pics cuz I didn’t have time to take any, but your pics show it. If you look closely there are bricks piled up in some of the balconies. It looks like they’ll be starting to do the outer brick layer soon.
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    Crosstown LRT | Metrolinx

    Video describing the mining done at Laird Station (not cut-and-cover): Star article: https://www.thestar.com/news/gta/2018/04/29/underground-eglinton-crosstown-lrt-stations-take-shape-with-unique-mining-technique.html
  11. E

    Terrible attempts at staging properties.

    Off topic but... Speaking of furniture size and math for moving it in for condos... The weirdest thing for me was when my neighbour went on vacation and asked me to take care of their plants. I walked in and... their place was not only a mirror image of mine in layout (which wasn't suprising...
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    Terrible attempts at staging properties.

    My condo never looked as good as when I was selling it. First off, my real estate agent made me paint a few spots where he didn't agree with my colour choices. I don't necessarily think his colour suggestions were absolutely better, but they were definitely more mainstream. Second, he made me...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    I know someone who has worked at that elementary school. He says some aspects of it were pretty rough, at least compared to several other schools he's been to, which is why the poor rating is not a big surprise. The teachers try hard, but nonetheless there are a lot of obstacles. As for...
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    Baby, we got a bubble!?

    Congrats to you too! I made a conscious decision not to buy any investment properties though. First of all it would have made finances tighter and would have meant not being able to pay off my mortgage as quickly, but the main reason is I didn't want to play the tenant lottery. While most of...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    Feel free to post the application, but I assume you mean the application to change the face after the original approval. You said it yourself. They had a hard time selling for a while, despite the low prices. It may be a combination of factors: For one for example, a family we know that...
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    Terrible attempts at staging properties.

    How about the opposite of staging? http://terriblerealestateagentphotos.com/
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    Baby, we got a bubble!?

    For the true real estate investors a friend deals with, they pay 100% up front and look for the rate of return from rent minus expenses - cash flow positive. No mortgages involved. But I guess most people can't afford that. Anyhow, I'm proud to say I am seeing the light at the end of the tunnel...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    What is the evidence for that? You’ve mentioned something to that effect a few times, yet in the end there is brick going up. So far we believe they submitted with a brick facade and then there was a rumour they applied to get that changed to a pre-clad brick-like surface, but that isn’t a full...
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    Baby, we got a bubble!?

    I would argue that you sound like an overgeneralizing old fart. And I believe I can say that because I'm an old fart too, since Gen X'ers seem to be old farts around here. Uh, I didn't want to live in the middle of nowhere either when I was that age. Not that I could anyway, since as PinkLucy...
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    Toronto | Haven On The Bluffs Condos | 39m | 10s | VHL Developments | Master Building

    ^^^ What are you showing in those pix? The scaffolding?

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