10 ай бұрын
10 ай бұрын
Жыл бұрын
Жыл бұрын
Пікірлер
@backnine1542 22 күн бұрын
This man is a scumbag.
@HowToExcelBlog Ай бұрын
Wow, the bedroom can "fit a good-sized bed"! What an amazing feature for $500k! Hahahahaha 🤪
@livingintorontoontario1737 3 ай бұрын
Daddy 😮😮😮😮
@livingintorontoontario1737 3 ай бұрын
I am tats your
@livingintorontoontario1737 3 ай бұрын
😮 daddy
@dhruvapatel9918 5 ай бұрын
Where exactly is this?
@JGambrosia 5 ай бұрын
2:02 so that’s why it’s so expensive. Still not worth the money. But the location is incredibly good. But why would anyone live into these very expensive condos? Why not buy a house in the suburbs? Who are the types of people living in these high rise buildings?
@lawrencerobles6207 5 ай бұрын
Greedy land lords need to rent out their condos for below $500 a month. A home is a human right. No person should pay a dollar more than $500 a month. These greedy landlords keep jacking up the price. Note, I vote NDP and I am woke. I also believe in UBI. Employed people should not earn more than an unemployed person, that is a form of discrimination.
@thespacesbetweenstudio3346 6 ай бұрын
An additional $2k per month just to pay the bank more interest. What a scam
@howy3333 8 ай бұрын
I dont get it. Why does this have so many views?
@elsalam5490 8 ай бұрын
Very informative n useful. Thanks Danilo, keep it up.
@MgMithun 8 ай бұрын
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@MgMithun 8 ай бұрын
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@HONGMAI-p1y 9 ай бұрын
how much for 2 bed 2 baths on this condo/? how much for maintenant and ultilitys/ is it close to public transportation///
@kingrealtyto 8 ай бұрын
Hey! The 2br condos in this building are trending in the high 500s, nicer ones in the low 600s. Maintenance is around $1 per sq ft around 900 per month but include all utilities. They're approx 1000 sqft units. As for transportation, yes, you're across the street from square one mall. Go transit and Mississauga transit at your door step 👌. Call us at Book.kingrealty.to to discuss further :)
@FahmiEshaq 2 ай бұрын
@@kingrealtytodoesnt maintenance increase with inflation?
@natashayoung2638 9 ай бұрын
Awesome but still not worth a million dollars
@kingrealtyto 9 ай бұрын
I wish it wasn't! but this is the GTA market. Demand continues to be strong year over year.
@heatheravery4958 10 ай бұрын
😊😊😊😊
@Carolinapetroska 10 ай бұрын
Bs......
@kingrealtyto 9 ай бұрын
which part??
@mikethomas6715 11 ай бұрын
It is that way & won't change
@kingrealtyto 9 ай бұрын
Pretty much! Lots of people don't see this correlation 🤷🏽♂️
@Divyv520 11 ай бұрын
Hey Danilo , really nice video! I was wondering if I could help you with Quality Editing in your videos and also make a highly engaging Thumbnail which will help your video to reach to a wider audience ?
@elsalam5490 11 ай бұрын
Totally agreed that budgeting seems like old school, but its so useful, thanks guys, v good video 👍
@kingrealtyto 9 ай бұрын
Oh it should never be old school! it's always necessary! The truth is harsh sometimes but it's better to review numbers BEFORE you get into a contractual agreement. At that point, there's no turning back!
@parkerbohnn 11 ай бұрын
I think if you waited 2 years you could have gotten about 25 percent more.
@kingrealtyto 9 ай бұрын
Probably, but at what cost? $1300 x 12 months is over $15k in losses! I prefer multi unit investment properties going forward.
@shemantosah 11 ай бұрын
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@thaneos2009 11 ай бұрын
Anyone who pays 500k for that is rocking a extra chromosome
@kingrealtyto 9 ай бұрын
People are paying more for these now a days! The location is the biggest factor. It's hard to beat.
@Carolinapetroska 11 ай бұрын
Same here. Sold in 2022. Best decision ever. Canada is a dump now. People are leaving the country at record levels.
@kingrealtyto 9 ай бұрын
I talk to a lot of people about real estate. Lots of people are considering and moving to other markets. It's tough to qualify for GTA properties.. Saving for down payment is tough. It's easier when you're selling and re buying with a high down payment. I'm happy with my decision too!
@joshuaroy2779 11 ай бұрын
Promo'SM 🌸
@sriramcan Жыл бұрын
When I compare to London UK where I live this Condo is a bargain considering its in the main area. If this property was in Central London ,it would have been snapped up by someone from the gulf royal family for a million pound!
@kingrealtyto 9 ай бұрын
That's the truth. Location is what's driving the value for this unit and these buildings in particular. Great location! Would love to check out UK real estate. I've never been.
@freelancernaeemtalukder100 Жыл бұрын
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@meshworkj Жыл бұрын
Crazy, half a million for a box. No wonder everyone is broke.
@kingrealtyto 9 ай бұрын
They're worth more now!! 🤷🏽♂️
@meshworkj 9 ай бұрын
Debt forever. @@kingrealtyto
@TheClaudio7078 Жыл бұрын
The next 18 months will be interesting
@parkerbohnn 11 ай бұрын
Prices should rise about 25 percent in the next 18 months to the middle of 2025.
@kingrealtyto 9 ай бұрын
Things have picked up quite a bit since the beginning of 2024. If we see rate drops, we could also see more buyers coming off the sidelines.
@msgmak1379 Жыл бұрын
$1500 a square foot? What middle class person can afford that?
@kingrealtyto 9 ай бұрын
🤷🏽♂️🤷🏽♂️🤷🏽♂️ Great question. I wouldn't pay that. Resale properties have much better value and sometimes, more square footage.
@livinginwestchester Жыл бұрын
This is a great video that both buyers and sellers should see. Thanks for making it, Danilo!
@kingrealtyto Жыл бұрын
Thank you!!
@desultore6993 Жыл бұрын
i thought these were rockstar games gta sales
@7966016 Жыл бұрын
Great video, I love tha factual based reporting painting a realistic picture for potential buyers or sellers!
@kingrealtyto 9 ай бұрын
Thank you!! I post them every month :)
@baseline6786 Жыл бұрын
Let's hope rates come down next yr a bit so ppl don't lose their primary residence.
@kingrealtyto Жыл бұрын
We'll see. Rates could go down for sure.
@doinitforfun888 Жыл бұрын
The market has changed, buyers are coming in with low ball offers, take it or leave it. Some agents don't know how to work in this market.
@kingrealtyto 9 ай бұрын
Yes, fall 2023 was a good time to pick up condos. Prices are still decent today in early 2024. However, nicer units are now being bought.
@stephenfermoyle4578 Жыл бұрын
if there wre 3 of you, they why did you have such a high mortgage?
@kingrealtyto 9 ай бұрын
We had the best rate out there but it was variable! the rate increased to just under 7% our income and mortgage approval made no difference. We put 20% down.
@runningsmile Жыл бұрын
I really like your KZbin videos.
@kingrealtyto 9 ай бұрын
Thank you 🙏🙏
@runningsmile 9 ай бұрын
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@jeffotoole4509 Жыл бұрын
When do we see the signs “Will sell soul to get out of pre con deal” The fun is just getting going.
@kingrealtyto 9 ай бұрын
😂 oh man people are loosing their shirts. $1500 per square foot and higher was Always crazy to me.
@kimmykero2421 Жыл бұрын
Great video; very informative!
@kingrealtyto 9 ай бұрын
Thank you!! 🙏🙏
@InvistanoExteriorcomEricoSouza Жыл бұрын
That make sense. Whoever was gobbling up real estate will have to rethink in this Brave new world
@kingrealtyto Жыл бұрын
Risk management is key. Assessing different outcomes, having plan a, b, & c. No other way!
@louiskwaku8879 Жыл бұрын
Background noise is told much.
@henryquach604 Жыл бұрын
I have a variable mortgage as well, but the difference between you and I is that I live in my condo. I also don't have any other places to live in if I sell my place so I rather just suck it up and work harder to make enough money to pay for my mortgage. 😢
@kingrealtyto Жыл бұрын
Everyone is in a different situation. I have clients who chose to pay the interest rate difference ontop of regular payments, some decided to increase payment all together. Some are selling. All depends! Good luck 💪
@ronson6569 Жыл бұрын
10 years ago got my condo for 126k sold for 400k in 2023 3x my money and a roof over my head for 10 years
@ronbonora7872 Жыл бұрын
yeah so what. that is business. What goes up and also come down mate!
@ronson6569 Жыл бұрын
@@ronbonora7872 good when it goes down im buying with no interest win win for me lol good for me in dead
@borisli4817 Жыл бұрын
Gotta love realtor math. It’s the best kind it seems. Seriously these guys are such morons even if the price appreciation was 10% and if rates increased by 5%, your cashflow issues would still be an issue. Like why the fuck would you not stress test your own situation lol. At least you’re transparent about the overall representation of slimy realtors. I won’t even comment on all the fees incurred to sell the place. The land transfer tax cost. You’d be lucky to break even and keep your original down payment
@kingrealtyto Жыл бұрын
To be honest, I didn't have a clear plan with this purchase. We were lucky to have broken even throughout some months. Including purchase and sales fees we did still profit after sale but this is not the case for majority of condo situations. Simply pointing out the mortgage increases people are experiencing are causing some people to jump ship. Everyone, including us, should have assessed the situation alot better!
@randomstuffman01 Жыл бұрын
The background music is too intrusive.
@MemineAussi Жыл бұрын
If you think condo prices are now low, wait until you see what the prices are next year.
@ronbonora7872 Жыл бұрын
I agree with you!
@kingrealtyto Жыл бұрын
Let's see! I don't disagree. The price trajectory looks to be going down. Need to adjust to the market as a buyer or seller. Maybe more rate increases too.
@TremayneDouglas Жыл бұрын
Not significant dips tho.. inflation still adjacent to reposes previous gains.
@Carolinapetroska 11 ай бұрын
Definitely will collapse even more. There is an over supply of condos now in Toronto. Very few are selling. Sellers are constantly terminating their listings and putting them back on the market at a lower price.
@artmcdargh9002 Жыл бұрын
'Promo SM'
@bathtubrenew Жыл бұрын
Dear Gomer-Pyle, We are at the top of the market entering into a correction. The prices will not increase over time, do not be a simpleton, do you know do not get caught with your pants down.
@kingrealtyto Жыл бұрын
You have to be careful and mindful of your situation. Risk management. 30yr avg price change in the GTA is in the 6%-7% range. Of course, there are cycles and ups and downs along the way.
@Lpmeff Жыл бұрын
Smart too get out 20:years of pain ahead
@kingrealtyto Жыл бұрын
Let's see how it goes!!
@StewartSoh Жыл бұрын
Hi Danilo, Great video. I thought when you put down 20% down, then your interest rate goes up because you are not getting a mortgage insurance.
@kingrealtyto Жыл бұрын
Best rates are for insured mortgages, you're right. When you put 20%+ the rate is a bit higher. This video simply points out the potential payment increase comparing different rates. Potentially, the numbers are actually worse!
@parkerbohnn 11 ай бұрын
If you don't have a credit score around 880 or can't show you could pay cash. If your net worth is high enough you can get the best mortgage rate in the country.