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  1. S

    Baby, we got a bubble!?

    What is realistic in todays market is a 350k 500 sq. Ft. Lower floor unit in an upscale new building under occupancy w/ tenant paying 1500 + hydro. new owner gets to subsidize unit costs and handle closing costs for the privledge of capital appreciation when its time to sell. Any takers? Lots...
  2. S

    Baby, we got a bubble!?

    There is so much product out there. Vacancy rates in downtown are growing and rental rates holding but definitely not increasing. At this mature stage of the game looks the only ones making real returns on condos are the industry players ie.developers, building company, real estate sales. not...
  3. S

    Baby, we got a bubble!?

    This market seems to not make sense to the average middle class Canadian investor and that probably explaines why. ive heard condos be referred to as commodities and it may be sinking in. Big money parking their $$. Cash flow may not necessarily be high on the list of priorities. More like...
  4. S

    Baby, we got a bubble!?

    Someone tell me again how buying a $350,000 500 sq ft condo in prime downtown Toronto (CBD, entertainment district, king west, etc.) And leasing it for 1550/monthly makes for a reasonable investment grade opportunity? Even w/ 2.59% mortgage AND 20% down payment. Maintenance fee $ 275/M,Tax...
  5. S

    Baby, we got a bubble!?

    This is different. ...
  6. S

    2131 Yonge St (Art Shoppe Condos) (Freed Developments) - Real Estate -

    Yes. The smooth ceilings will definitely help elevate the overall look and feel of the units. I have to me tion some of the finest hallways and elevators ive been in were from the freed building off king. I believe its called 550 Wellington. Key fobs needed to access the elevator and the...
  7. S

    micro condos

    https://condonow.com/X2-Condos/Floor-Plan-Price/Lancaster Yes you make a good point. Hope this helps!
  8. S

    2131 Yonge St (Art Shoppe Condos) (Freed Developments) - Real Estate -

    The marketing is very well orchestrated for this condo launch. Besides all the glitter this building does look like it will be a cut above the rest in the yonge and Eglinton area especially in terms of style and finishes (considering its freed).
  9. S

    micro condos

    Since i. Am not able to start a new thread i thought id ask for your opinions on this micro condo unit in x2. Its called the lancaster. How does one place furniture to best utilize the 463sq.ft. and make this unit liveable? !
  10. S

    Baby, we got a bubble!?

    Maybe the shine will come off of real estate as an investment for the masses. Right now condos are the most accessible entry point into this market for an investor. Condos MAY be hit, but only if the end user starts to get jittery and avoids entry price condos will the market come down. I...
  11. S

    Baby, we got a bubble!?

    Interesting rate developments. i did not hear much about falling rates 2 years ago. The more conservative financial types were saying lock in to 10yr.rate @3.79% while you have the opportunity. boc rate is on a steady decline since. does anyone feel the doom and gloom on the streets that the...
  12. S

    Baby, we got a bubble!?

    And yet real estate values continue their climb...... the condo market a little (or a lot) slower than sfh in TO
  13. S

    Baby, we got a bubble!?

    Really interesting back and forth on this thread. Alot of input from different perspectives going from condo salesguys ie.condo George to buyers looking to purchase and others with their input. Have y'all read simply charles's blog? Me thinks he is associated w/ simply condos. He has alot...
  14. S

    X2 Condos (Great Gulf Homes/Lifetime Developments) - Real Estate -

    Any pics from PDI. nice to see how these units turned out.
  15. S

    Baby, we got a bubble!?

    Yes. Just under....
  16. S

    Baby, we got a bubble!?

    Im in the process of completing a purchase of a large 450sqft studio as we speak! The tone of this conversation is getting to me. let you all know how it goes:)
  17. S

    Baby, we got a bubble!?

    Yes. Although it is said the best prices are available at vvip platinum opening( unless the market falls off). This is what I have heard over and over again. as far as I can tell it may be . But the industry is extremely secretive so I cannot be sure
  18. S

    Baby, we got a bubble!?

    Little people criticize the doers. condo George im sure you dont need me to boost your ego, but looks like the haters are on the attack. I have been following this is thread for a while now. Its so good I went back a couple years to see where the conversation was going back then. Condo George...

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