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Hey Yum Yum... Let me know how I can help... :)

Never thought about endurance racing but the idea sounds very tempting...

I haven't been out to these in such a long time. Might drop by for a bit :)

Bump

This definitely sounds very interesting. Subscribed! What's the meeting spot in the east? I'm coming from downtown and doesn't make sense to go up 400 to come back down

I saw him last couple of months ago in Cabbagetown... Don't know where he is now...

Back to the top... Keep the comments coming... :) Here's a copy of the last market update... http://addysaeed.com/treblog/2012/06/07/toronto-real-estate-market-watch-may-2012/

Hey... Great question! I've not been a fan of pre-con condos since the prices started touching the 500 dollar psf and over and have been critical of them. In my opinion, investing in pre-con is NOT investing, its speculating that the market will keep going up... There are other options such...

Hi Mike, Depending on the lot, your credit worthiness and the lender you choose, you will need at least 50% of the cost to acquire the lot plus cost of construction. The construction costs can be financed but its a bit harder in rural areas and needs an expert opinion. Your best bet is to...

Great discussions so far... Let's keep the questions coming :)

Recent stats I saw regarding condos show that there is a vacancy rate of less than 1% for downtown condos. I've personally listed new condos in downtown and been bombarded by Renters who want to rent the condo instead of the seller selling it. There is a lot of demand for properties in...

Let's not start by calling everyone dumb!

The Yonge/Sheppard area is definitely a really hot pocket for people who don't want to live in small downtown lots, have a backyard and still close to subway to access downtown. I don't know if a really nice renovated "bungalow" would sell for that much as one of the allure of buying a infill...

Prices rise with increase in infrastructure investments and population growth. Look for areas with increase in density and infrastructure investments taking place such as roads, subways, LRT etc... you will find your answer. Here's the law that brought about a revolution in development so far...

Welcome! :)

For a Canadian resident, you can purchase with as low as zero down. CMHC insured mortgages require at least 5% down payment plus proof of closing costs. You need to have a solid credit with a proven record of making payments and a beacon score of better than 600. A full time job also helps...

Couple of things... Is there a house on the land right now or will you be building it? Its hard to get a mortgage for a vacant lot hence you won't be able to get its at 5% down If there is a house, then you can purchase it for 5% down and would still run into issues if you're looking to...

I'm down for that... You still in downtown? Let's get together soon!

That... I don't know... As it stands, the market for freehold properties, (detached, semi, townhouses) in Toronto is very strong with small signs of weakness in the suburbs (days on market are up by a day). Condos are a cause for concerns but with the vacancy rates so low for residential...

Haven't posted here since 2010... I guess it's time for a come back :) What do you guys think of the market? Good, bad or indifferent?