Toronto's Condo Market is ruthless
20:01
Toronto Condos are too small
18:29
Toronto Condo market is DEAD
12:31
toronto condos from $195K?
8:46
8 ай бұрын
Investors own 50% of Toronto
17:59
Realtors are going Bankrupt
13:10
10 ай бұрын
$500K vs $6,500,000 Toronto Condo
9:50
Best Roof Top Pools in Toronto
10:11
Пікірлер
@davidblight3567
@davidblight3567 5 сағат бұрын
Looks gross
@hang5260
@hang5260 10 сағат бұрын
I’ve been living in my 430sqf studio for 3 years now that I paid for less than 400k for, it’s totally livable for one person. Now that I’m married I’m planning to rent it out, the monthly cash flow will break even.
@davidbalcon8726
@davidbalcon8726 15 сағат бұрын
Have we not lived in a fool’s paradise by eschewing purpose built rental properties for condos where the intention is to assemble small investors who will rent their investment units. The idea of the condo as a home for long term residence by the owner seems to be a novelty, particularly to developers who overbuild tiny units vs multi-bedroom “homes”. My building is a fairly stable, high owner-occupied condo in the St Lawrence Market district, well managed and community-centred. So the real gap would appear to be units that are true homes vs those intended for 1-2-3 year rentals.
@Johndl1988
@Johndl1988 15 сағат бұрын
Meanwhile people are homeless, starving in Toronto Why not give that money to charity. Billionaires are not good for the planet.
@PXAbstraction
@PXAbstraction Күн бұрын
If studios are still selling for over $300K, the market hasn't crashed nesrly enough.
@NatashaStory-p6r
@NatashaStory-p6r Күн бұрын
Smith Susan Wilson Sandra Harris Scott
@MickeyDee420
@MickeyDee420 2 күн бұрын
thats why i stay away from the city, too many low level immagrants and high level small hats
@Colin_Lawlor_Audio
@Colin_Lawlor_Audio 2 күн бұрын
Rich people showing how much they are willing to screw each other over for more money.... how do you think they got rich in the first place?
@sobiiboy7205
@sobiiboy7205 2 күн бұрын
Deport button ❤
@ryanharrington5066
@ryanharrington5066 3 күн бұрын
Call their bluff so we get more housing
@lupin2946
@lupin2946 3 күн бұрын
8:26 I think the point is that this is MOSTLY the provincial and municipal governments fault. I’m not saying that the feds are completely innocent. However, immigration only accelerated problems we already had, it’s not like we were thriving a few years ago and I highly doubt we would have ever addressed these issues in time to fix them before they became as big of a problem as it is today. Any real solutions involve burning a large segment of society making it politically unpopular leading our politicians to kick the can down the road for as long as possible.
@MolGaeilge
@MolGaeilge 3 күн бұрын
I left Toronto last year and am continuously vindicated in my choice
@mjemjay453
@mjemjay453 3 күн бұрын
*They only wealthy ppl in Canada are the gov*
@MrKYT-gb8gs
@MrKYT-gb8gs 3 күн бұрын
3:05 so a stupid investment then? The people who made the costs spiral are pretending like they are doing everyone a favor. They are subsidizing nothing.
@KindlyVegan
@KindlyVegan 3 күн бұрын
It's hard to feel sorry for these flippers in a housing shortage.
@Alex-cr8bj
@Alex-cr8bj 3 күн бұрын
Based on your pie chart at 16:35, they have 15% profit margins. Why don’t we lower that to 5% and you brought the price down by 10%?
@ChrisMCP2
@ChrisMCP2 4 күн бұрын
With your mighty 32,000 subscribers, nobody's sending you any letters shut the f up
@kwang10
@kwang10 4 күн бұрын
What is the cash flow definition in your video ?
@praneeth_010
@praneeth_010 4 күн бұрын
Dear [jordon], I hope this message finds you well. I’ve reviewed the thumbnails currently in use and believe there is an opportunity to enhance their impact. As a thumbnail designer, I can offer improvements to make them more engaging and effective. If you’re interested, I’d be happy to discuss this further and show you some of my ideas. Looking forward to your thoughts. Best regards,
@fghezelbash8731
@fghezelbash8731 4 күн бұрын
idiots need to bring down the prices then ppl will buy. prices are absolutely insane. hope this bubble burst and rich ppl lose their moeny
@tylershoemaker4886
@tylershoemaker4886 4 күн бұрын
Canada is not really a sovereign state.
@Bob-l7m2g
@Bob-l7m2g 4 күн бұрын
That building you called stunning 3/4 way through the video is the ugliest building ive ever seen.
@RandyColby-mj1zm
@RandyColby-mj1zm 4 күн бұрын
Toronto's real estate market has been wild, especially with condos. The demand is so high, and it feels like there's no end in sight
@cherylhills3227
@cherylhills3227 4 күн бұрын
But, in a way, it’s not all bad news, especially if you’re already in the market or planning to invest
@CarlAcevedo-sc3bl
@CarlAcevedo-sc3bl 4 күн бұрын
That’s true. If you’re already a condo owner, it’s great because the value of your property keeps increasing. But for someone trying to get into the market, it's pretty brutal.
@sebastiaanthijn7982
@sebastiaanthijn7982 4 күн бұрын
It feels like no matter how much you save, the prices keep climbing faster
@LoydJohnson-kp3jv
@LoydJohnson-kp3jv 4 күн бұрын
Yeah, it’s definitely challenging for first-time buyers, no doubt about that. But even though the market feels ruthless, there are some positives.
@AliciaCrone
@AliciaCrone 4 күн бұрын
The condo market in Toronto is seen as a relatively safe long-term investment, and with immigration, job growth, and more people wanting to live in the city, there’s always going to be demand
@lionesspride5758
@lionesspride5758 5 күн бұрын
And yet we are still in a housing crisis! I wonder why?!... How many ways do we need to ask for AFFORDABLE HOUSING!!! The homeless crisis in this city is embarrassing, and don't get me started on those who are house-poor!!
@AL-sd5cs
@AL-sd5cs 5 күн бұрын
A condo is not a home, it’s a place in between University and your first job while living in the city, it’s not a sustainable design format for building ‘homes’ families need 3 bedroom apartments with basic amenities
@zhongguoguanerdai-lw9oq
@zhongguoguanerdai-lw9oq 5 күн бұрын
"I'm not the government or anything" well you might as well be buddy, you offering a plausible way out is still more than theyve done.
@JJs_playground
@JJs_playground 5 күн бұрын
$420K for a 343sq.ft condo. Lmfaooo that's insane. Why would anybody want to live in Toronto.
@Mr1337sheep
@Mr1337sheep 5 күн бұрын
these videos make me less unhappy about being a renter, couldn't imagine buying such piece of shit properties in this market. I'm just holding out to inherit my parent's house at queen and ossington lol.
@ThomasArepo
@ThomasArepo 5 күн бұрын
Who's going to use these condos like people on a religious pilgrimage coming to pray to the CN Tower maybe if they put arms on it and they drape a big cloth over it they can make it look like Jesus
@AdrianoDiPasquale
@AdrianoDiPasquale 5 күн бұрын
Hey brother. I used to live in 580 Kingston road. They are ran by first service management. I would love to chat a bit about them. I have never seen such corruption
@michaelerison
@michaelerison 5 күн бұрын
This city sucks now.
@jimc9516
@jimc9516 5 күн бұрын
who buys Collingwood Quay as a "vacation property"?? you can go on a luxurious vacation 3 times a year for $20k/yr, but to own that property you'd need to cough up a good $200k up front and then another $60k/year!
@temia7944
@temia7944 6 күн бұрын
Real estate prices would drop further by 15% in the next 2yrs. Immigration, international students are the main drivers of real estate in Canada. Median salary across Ontario and cost of living is not commensurate with real estate prices. Canada is not USA.
@STXVIEC
@STXVIEC 6 күн бұрын
no more condos. this is toronto not Manhattan
@Aaa-f7o5e
@Aaa-f7o5e 6 күн бұрын
A property is only worth the income of the inhabitants of the city in which the property is located in. The only reason the prices were high was because artificial sources such as immigration, and till 2019 they allowed foreign investors. Further there is also private equity, if you remove these factors even with a construction shortfall the prices would never have been this high. Therefore always oppose private equity, uncontrolled immigration and foreign investors. Pressure the government to open up the construction market by allowing any foreign firm that wishes to build in Canada, of course subject to safeguards. Vote out governments quickly never give a second chance or else none of your kids are going to get off the rental market.
@charlesstuart8313
@charlesstuart8313 6 күн бұрын
Insightful. Regarding rates. Historically, declining rates are a disincentive to buy. Stable and slightly increasing rates motive buyers off the sidelines.
@RM-dc6zd
@RM-dc6zd 6 күн бұрын
although it’s possible to live like this, it’s hard to make a case it’s better than vanlife
@austinbar
@austinbar 6 күн бұрын
I’m closing in on my retirement and I’d like to move from Regina to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
@rogerwheelers4322
@rogerwheelers4322 6 күн бұрын
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
@joshbarney114
@joshbarney114 6 күн бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@FabioOdelega876
@FabioOdelega876 6 күн бұрын
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
@joshbarney114
@joshbarney114 6 күн бұрын
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@FabioOdelega876
@FabioOdelega876 6 күн бұрын
Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
@srishtijoshi5980
@srishtijoshi5980 7 күн бұрын
1.7m for a townhome is insane, even if its Oakville.
@JoseLopez-hp5oo
@JoseLopez-hp5oo 7 күн бұрын
Rates may come down ,however I expect property taxes and condo fees to take drastic jumps as engineering studies are updated with new cost of repairs. Cities are getting clapped as costs increase.
@winchangkou
@winchangkou 7 күн бұрын
How it’s going to sell now btw And what pst would it now to sell ? 1200$
@saintsleep
@saintsleep 7 күн бұрын
while we are at it, can we replace high park yet with a parking lot? sick of looking at that disgusting nature
@Turklean
@Turklean 8 күн бұрын
Great content man. Thanks.
@LoonSeat-j4p
@LoonSeat-j4p 8 күн бұрын
Lewis Jessica Walker Betty Miller George
@FlyingSparks12336
@FlyingSparks12336 8 күн бұрын
That last pool looked outstanding and I mean the real photo
@manioso77
@manioso77 8 күн бұрын
Tell me more…..
@RobertAllen-k4q
@RobertAllen-k4q 8 күн бұрын
White Sarah Clark William Hall Mary
@g.m3399
@g.m3399 8 күн бұрын
Down town Toronto is ghetto .
@JamesSmith-yb2vi
@JamesSmith-yb2vi 8 күн бұрын
Right spot on. Thank you SIR! 700k for a rat box, nope Merci, I do not buy that.
@TheDefiantSpace
@TheDefiantSpace 8 күн бұрын
Video summary: theres no such thing as a bad product just a bad price