One of the reasons I moved out of Toronto was housing affordability. It doesn't look like that will change any time soon.
@Wilem354 ай бұрын
It never will, Toronto is where folks want to be.
@nanaokyere71414 ай бұрын
Toronto is the NY of Canada and the 4th largest in North America. It's a major city with no means of slowing down unfortunately.
@ahmedzakikhan76394 ай бұрын
People who don't want too much space but wants to find high-paying jobs will stick to Toronto.
@maddoxmagennis15203 ай бұрын
More housing supply is a big part of fixing affordability
@reubencarter30044 ай бұрын
The infrastructure is still the number one problem in Toronto. When are the high tech sewer, water, and electrical infrastructure going to be built? In addition, the new subway/LRT lines are way behind schedule. When are they going to be finished to accommodate the million more residents in 2030?
@Jasmine349524 ай бұрын
There is nothing esthetically pleasing about the current new condo buildings and skyscrapers in downtown Toronto. No nice sized balconies to speak of, robbing people of an important outdoor space; ugly (and I mean ugly!) shapes. They're building small boxes and expect people to pay over $1M for that crap. I've never seen anything like it. The way the city robbed it's citizens of what used to be beautiful spaces for everyone to enjoy and great is now concrete and steel. It feels cold and looks dead. It's depressing. There just is no common sense that went into the growth of the city. I guess Toronto doesn't have a city planning commission and if they do, they're just interested in money.
@nanaokyere71414 ай бұрын
You haven't been to New York then. It's 10 times worse with majority of the building units facing other buildings.
@ndasix28893 ай бұрын
@@nanaokyere7141people always think it’s greener on the other side
@TMBpk4 ай бұрын
Context for people outside Toronto reading the comments: Don’t pay attention to most of the folks crying about all the new development. Most of these people are usually uninformed and want to go back to the “good old days” when Toronto used to be a small relatively conservative city which would destroy Victorian buildings in favour of parking lots. Most of the buildings had soot on them because of all the factories on the Lakeshore and Portlands. Somehow they think that was the “good old days”….I call it the darkest period in Toronto’s history. In the 70s Toronto began to change and set the foundation for what they are now becoming and in the 80s it became a boomtown….the 90s were a bit slow again in terms of infrastructure development, but then the 2000s rolled around and Toronto just ballooned and it hasn’t stopped since. Pay zero attention to those complaining. It’s usually folks who are jealous of the city’s rise OR boomers who think it’s still 1964.
@exdeeexdee2 ай бұрын
People just want to be able to afford rent again.
@ORGANIZEDCoNfUsioNАй бұрын
Some very cool buildings coming soon. Love it!!!
@DrRestezi4 ай бұрын
AI chatbot got drunk before narrating this promo clip. There is very little that is aesthetically pleasing about any of these structures (some of which won't even get built).
@michelleburke4764 ай бұрын
If I had $4 million to spend on a property this is definitely what I would want. A condo right next to union station, where you can’t drive and are surrounded by 3 million people every time you step outside 🤡
@Wilem354 ай бұрын
People scare you?
@illuminatedACE234 ай бұрын
Facts so many people and it’s not even clean 🫤🥴 so much construction, traffic, no parking, parking tickets 🤕 they literally have the parking officers standing ready to give you a ticket.
@torink82294 ай бұрын
Why would you even want to drive downtown
@rightclick54 ай бұрын
if you live downtown why are you driving?
@berrex51524 ай бұрын
The condos will all be completey empty NO lights on. Only the super rich / chinese are buying these to sit on
@urkozaminje864 ай бұрын
0:07 how is growing fast, everyone is moving from there or sayin g how f is expensive ? Who is moving in ?
@ahmedzakikhan76394 ай бұрын
Young people are moving downtown. Not everyone is marrying and opting to live in the burbs.
@GordonJohnson-vc8sm4 ай бұрын
The rich. Now that everything is cheap and vacant
@ahmedzakikhan76394 ай бұрын
@GordonJohnson-vc8sm salaries have risen - a lot of young Torontonians work in tech start ups that are loaded. Six figures is pretty common.
@urkozaminje864 ай бұрын
@@ahmedzakikhan7639 LIke the scene from Titanic , ship is sinking and musicians are playing music .
@andygrenn6803 ай бұрын
Encampments must not be forgotten. Tents and shanty towns also need significant upgrades for a growing population…
@tertur29574 ай бұрын
Then you emerge from your luxurious home and are surrounded by scores of homeless beggars and tent cities. Magnificent!
@Wilem354 ай бұрын
Yup everyone wants to live where the services are located.
@wendigo66674 ай бұрын
Says someone who has never been to Toronto.
@tertur29574 ай бұрын
@@wendigo6667 lived here 66 years.
@TMBpk4 ай бұрын
@@tertur2957and it’s evident you still think Toronto is a small town from 1960.
@DokisKalin12 ай бұрын
@@wendigo6667 I live here. There's homelessness everywhere because all we build are stupid condos like these.
@geofflepper32074 ай бұрын
Tried to watch this but stopped watching. As with some music videos the creator made the video annoying by switching the image every three seconds. There's no need for that. Again, that's just annoying for the viewer. Maybe that's how some people go through pictures on some dating sites and maybe that's how some people go through a stack of boring vacation photos that an annoying colleague in their office insist they look through but one can't appreciate a photo in 3 seconds. Do better - don't edit videos like you're editing a pop music video and for that matter don't edit pop music videos like that.
@Mark-pm9nh4 ай бұрын
Awesome video & info . 👍
@calumashleymcdonough89554 ай бұрын
Whoops! Why do you have a shot of Vancouver's waterfront at 2:28? And at 6:08 your Zoom-in of the Entertainment District is some residential area north of the Entertainment District.
@AbsolutePixelMaster4 ай бұрын
Noticed this too, ha ha, Vancouver = Toronto now
@r.c.brousseau96554 ай бұрын
Many of these projects showcase beautiful towers. Bravo to the developers. That said, I find super tall skinny buildings, especially those that around the perimeter of New York City’s Central Park, to be ugly.
@Jasmine349524 ай бұрын
They're ugly in Toronto too.
@katiegrundle99004 ай бұрын
Yes, I would rather be in the woolworth building or tge sherry. Nothing alluring with tge skinny ones, although I will never be able to afford either
@GoWestYoungMan4 ай бұрын
Union Park is NOT under construction. The rest of the video is accurate.
@susantrott33384 ай бұрын
And who do they think will be able to afford living in these behemoths? There is already a serious shortage of reasonably priced properties. Reasonable being within the budget of the middle class. There are that many rich people in Canada.
@GordonJohnson-vc8sm4 ай бұрын
Wait for the first one to fall or maybe tilt
@roysmallian28894 ай бұрын
Seems almost crazy. They're building more commercial space down town. What about the concept of working from home.
@dukezap14 ай бұрын
Sky Tower at Pinnacle One will be the tallest residential building in the world by floor count once it's completed
@nanaokyere71414 ай бұрын
Not the world. Just Canada. Central park tower in New York currently has the tallest units in the world at 110 floors. Sky tower will be at 104 floors.
@dukezap14 ай бұрын
@@nanaokyere7141 Central Park tower has 98 floors. But looking now, Dubai has one proposed with 122 floors. So I guess if it’s built, it will hold the record
@katiegrundle99004 ай бұрын
@nanaokyere7141 no it's 131 at cpt
@dukezap14 ай бұрын
@@nanaokyere7141 Central parks floor count is 98
@shuss-pi3meАй бұрын
Why would you use floor count haha. What a dumb metric. Dubai and New York have many taller residential towers.
@Seibanori4 ай бұрын
I mean one of the thing that Canadian should really be getting use to is to live in condominium. As the cities transforming into mage city, it’s normal in a global scale that people live in apartments in such places. With that said, it doesn’t mean that Toronto shouldn’t lower its property prices tho. It’s way too overpriced. Such bubble is really dangerous in any possible sense.
@berrex51524 ай бұрын
No one can afford current toronto condo prices.. i call bs
@karagi101Ай бұрын
So how are they being bought?
@StacyJames-m1u4 ай бұрын
I bought a unit at 1 Yonge simply because I loved the address and wanted it in my portfolio. When we closed, the actual address was 28 Freeland Street. I was pissed! 😡
@katiegrundle99004 ай бұрын
What's your condition fees every month?
@777STMIA2 ай бұрын
I hope your portfolio will be ok.
@alichoudhry2013Ай бұрын
❤❤❤❤
@JohnC-pt1iw4 ай бұрын
I guess not bad real estate in Toronto is booming not as they say condos sales are flat.
@jordansmith5344 ай бұрын
This type of living appeals only to a small percentage of society no matter what the price. At least they are nice too look at.
@canadian973 ай бұрын
Please, if you are going to use the imperial system, use the metric system as well. Most of the world would thank you.
@anthonymichaels2574 ай бұрын
$4 Million just so you can hear your neighbours fart.
@Ryan-0934 ай бұрын
didn't know you can hear farts through concrete.
@spartjovic3 ай бұрын
@Ryan-093 is it concrete though?
@kimscott81764 ай бұрын
This infomercial is clap. A lot of people are trying to get out due to unsustainable costs of life there. HOA and taxes are the start. A just retired person hopes he can sell his condo in the next year or so. It is on the market now. Nothing happening now. This project will stall and people will lose their investment. Good luck suckers.
@chrismarshall66474 ай бұрын
People living in boxes high in the sky . No Thank you.
@richardjjordan74 ай бұрын
" For Billionaires Only !"
@LerockJohn4 ай бұрын
Where all this money comes from?? Certainty not from me!
@maxben5654 ай бұрын
Empty buildings and oligarch money laundering. 😊
@allenangels4 ай бұрын
Waste of bandwidth
@Aces77777Ай бұрын
The traffic is already bad enough build it somewhere else
@andygrenn6804 ай бұрын
Always have respect for the under ground Canadian Shield. Billions of years hold Canadian Shield bedrock still has strength to support all the current architecture plus the future massive buildings to come. Canada’s Canadian Shield is the quiet player in all this Toronto construction bonanza…
@annamaria-pv1fw4 ай бұрын
thx
@zigzag004 ай бұрын
I love Toronto
@smallstudiodesign4 ай бұрын
Architect here = I approve of this project and its marvel in design.
@NaskoČašić3 ай бұрын
Od. Mazyta. Nafte. Preva. Stekla. Ogledala. U. Bije.
@Aulder4 ай бұрын
what are they going to fill them with? Imigrants.. cause canadians cant afford a house. 56% tax rate we cant afford much.
@smallstudiodesign4 ай бұрын
Unless you’re First Nations then you’re an immigrant too.
@Wilem354 ай бұрын
Nonsence, can't find a place to live whatever the price. Go move south buddy.
@nikolasao4 ай бұрын
😂 yes because immigrants have that kind of money. A lot of these units are being bought by corporations and then rented for maximum profits
@spartjovic4 ай бұрын
@@Wilem35can you afford it?
@anthonymichaels2574 ай бұрын
Who is going to be able to afford these condos? Asian investors who are trying to hide money? Criminals washing their illegal proceeds?
@stefanhendrickx9794 ай бұрын
For 4m i can live in smaller city and notgetstressed in that city, stop working an go around the world and live my life.
@katiegrundle99004 ай бұрын
Me too, I'd be happier to have a house in the country with no neighbour's complaining g about my piano playing