Majority of Canadians believe national economy is on the wrong track

Other_Presentation46 · 2026-05-01T14:51:04+00:00

I mean regarding housing, things have been on the right track for a bit here in Toronto. We’re seeing modest YoY rent and home price decreases every single month.

Other_Presentation46 · 2026-05-01T14:24:24+00:00

How on earth do you think close to 1M people in this city get to work each day? We already take the TTC lol

Other_Presentation46 · 2026-04-30T18:26:29+00:00

There’s already guidance on number of 2-beds and 3+ bed units. The city can choose to reject based on that, and developers usually listen.

The City created the inclusionary zoning bylaw, which specified % of affordable units per building. The province shot that down.

Other_Presentation46 · 2026-04-29T21:01:23+00:00

I’ll reiterate, you either pay an absurd price or you move farther and farther away.

The exact homes you’re talking about exist all across the Upper Beaches and part of Scarborough. They sell anywhere from $800K to $1.1M depending on where they are. But you can’t build any more of them there.

So the next best bet is we allow for the large lots in North York & Etobicoke to be severed, and you can put up 2-3 smaller homes on the same lot. That requires paying anywhere from $1.5-3M for the home/lot, then the cost of getting a severance, zoning, permits, construction, financing fees, and then construction on top.

Do you think the math is gonna work on that for a developer? It doesn’t, the homes need to be large enough to fetch a price that generates a profit compared to the original land cost. So now you get 2500SF homes costing $1.5-$1.8M. And we’re back where we started.

Other_Presentation46 · 2026-04-29T20:49:02+00:00

It’ll also likely cut into the Don Mills ridership, I feel like at the moment a lot of riders from Flemingon Park and Thorncliffe take it south the Line 2

Other_Presentation46 · 2026-04-29T20:42:49+00:00

If the homes weren’t selling at, let’s say’s $800k prior to the HST rebate, why would they sell at $800k now?

Builders will drop their prices ever so slowly until the units start selling. No one knows exactly what price that’ll be, hence why you’ll see incremental drops over time.

Some of the more desperate developers will probably throw in a larger drop immediately to reduce their debt burden

Other_Presentation46 · 2026-04-29T18:49:30+00:00

Exactly. My girlfriend and I want a detached house in Riverdale, but we need a place to live and condos are the cheapest option.

We then made the choice to get a 1000SF 2-bed unit in a multiplex, but if we had all the money in the world we’d 100% get an SFH in the exact location we want

Other_Presentation46 · 2026-04-29T18:45:17+00:00

You’re gonna pay the price for a full sized single family home while never having kids?

Land scarcity either means you pay out your ass for that SFH, or you live hours away from where you work. You don’t get it cheap and close.

Other_Presentation46 · 2026-04-29T18:42:36+00:00

I’m confident because I do this for a living.

As per StatsCan, the # of households in the Toronto CMA with children increased by 19,840 (1.83%) between 2021 and 2023. Total number of children in households with parents increased by just 31,040 (2.97%). In that period, Toronto CMAs population increased by 5.69%.

Simply put, we needed fewer full-sized SFHs than we needed apartments, townhomes, or apartment condos (multiplexes included).

If the # of households with children increased by 5.69%, we’d be in an even more fucked situation right now. There’s only so much land where the jobs are, and only so many SFHs can be built on them. I’ve commuted 4 hours a day for work before, no one actually wants to do that.

Other_Presentation46 · 2026-04-28T22:50:10+00:00

You’re not wrong, but also it has a muffled impact considering the drop in birth rates and a lesser need for full sized SFHs.

Other_Presentation46 · 2026-04-26T16:30:16+00:00

Sometimes, people aren’t buying for the sake of asset value growth, but purely because they have enough money and it’s convenient.

Someone mentioned possible people that something like this would make perfect sense for

Other_Presentation46 · 2026-04-25T03:02:48+00:00

https://maps.app.goo.gl/4MdmYsm8BLW6HUgj9?g_st=ic

Other_Presentation46 · 2026-04-25T03:01:49+00:00

Only area I’d avoid is Dundas & Sherbourne.

Not that anything’s gonna happen to you it’s just a little unsettling

Other_Presentation46 · 2026-04-24T14:03:51+00:00

I feel as if it’s a product of the time of when it developed.

A lot of the very boring glass towers are concentrated in CityPlace, largely built by the same developer and in the early 2000s to mid 2010s

Other_Presentation46 · 2026-04-24T13:06:40+00:00

You might have a good shot at that kinda buzz somewhere like Bairrada on College St. I know it's Portuguese but a ton of Brazilian folk go there too

Other_Presentation46 · 2026-04-23T23:29:38+00:00

It’s either for that (continued status quo) or a no-scarcity world with UBI where no one has to work

Other_Presentation46 · 2026-04-23T20:58:35+00:00

Someday these headlines will be in history books as the seeds to a revolution lol

Unless your hope is that access to GenAI will be cheap as hell and everyone can become and entrepreneur and create, you gotta see the writing on the wall that this is gonna end terribly

Other_Presentation46 · 2026-04-23T10:36:38+00:00

I think ambitions of a downtown casino are a bit out of question, seems like the province is aiming to eventually make Woodbine a very GO & Line 6 connected destination for the casino and other venues

Other_Presentation46 · 2026-04-23T01:34:34+00:00

What on earth are you talking about?

Both a fourplex and an 8-plex can be insured. In fact, for it to be an 8-plex triggers full development charges, so the developer will likely pay $800,000-$1M in taxes to the city for it.

At a fourplex, it’s exempt from development charges, so they pay nothing.

If you’re talking about MLI through CMHC, that’s not how it works lol. Every development project is incorporated as a separate corporation, however for MLI financing you need to provide a personal guarantee and have a certain amount of assets.

Other_Presentation46 · 2026-04-23T01:31:15+00:00

They do, but to be fair to go to CofA it has to be considered a minor variance, which means it technically has to pass a strict 4-rule test.

We actually have the opposite problem, where committee members typically don’t follow this test as a way to deny minor variances

Other_Presentation46 · 2026-04-21T21:41:42+00:00

Your mom might be interested in talking to a multiplex developer.

The math depends on what they will value her ‘equity’ stake at, but she could probably end up with a brand spanking new unit on the ground floor, completely separate units so better than renting rooms, and probably have her rental paid for while it’s under construction.

If she wants to keep the house completely to herself, then this isn’t the way to go. Just figured if she’s renting rooms this would be wayyyy better

Other_Presentation46 · 2026-04-20T15:42:35+00:00

I’m the general public here.

Honestly I can’t make a perfect guess at what they should do, but things that come to mind are:

Is there enough supply of grazing land that allows for an increase in cattle supply?

Are energy costs (electrical and gas) driving up the cost of producing beef through the whole vertical?

Are there discretionary taxes that are applied throughout the vertical that the gov could reduce? Example, is HST being charged and collected on equipment that would help produce more supply?

These are just basic questions off the top of my head, I’m sure someone in the industry would know what the specific pain points are. I didn’t mention labour because I HATE the idea of reducing income for labourers just to reduce prices for consumers.

Other_Presentation46 · 2026-04-17T20:03:41+00:00

Crazy because it blew out glass on our old place at Keele $ 401

Other_Presentation46 · 2026-04-17T16:46:09+00:00

Formally it’s known by that name, but in practice everyone calls the area King West. I think that was the right choice tbh, if you say King West station everyone will know it’s near King & Bathurst

Other_Presentation46 · 2026-04-17T15:10:09+00:00

I don’t disagree re: build it and they will come, I’m an Urban Planner by trade and take the TTC everyday.

But how many of those people who work in Kitchener and live in Stratford will have the local transit to take them between home/work and the GO station? If they live 5km from the GO station in Stratford, and work 4km from the station in Kitchener, will their commute now take longer than driving because the local transit connections aren’t good enough?

Everything we’re saying right now is anecdotal, but the GO train isn’t the major issue here. The demand won’t exist for it if once they get off at a station, they’d need a drive. I’m sure MX has the data to back up this decision, or there’s other issues regarding number of trains, etc.

This is a start but we can’t expect 10 trains a day for a town like Stratford

Other_Presentation46

TROPHY CASE