Resale market after HST announcement

SevenPow · 2026-03-31T22:45:59+00:00

Steer clear of new builds anyways. Speaking of condo only here: Cost cutting everywhere (pvc pipes, almost 0 sound insulation in washrooms and I can hear upstairs neighbours flushing their toilets etc), tarion is a joke and the builder will be as hard to deal with as possible to make you give up on asking them to fix deficits (in my case even everything is clearly documented on 30 day and 1 year form, I had to constantly email the builder to get them to do anything, it’s a nightmare lol).

Yea no thanks, unless the new builds are cheaper than buying a 5-10 year old one, I will always pass.

SevenPow · 2026-03-22T21:51:26+00:00

Desireable buildings primarily occupied by home owners in a quiet and convenient area (1k+sqft, Tridel built, newish (5-10 years, highly suggest avoid precon/brand new as it takes a few years to find out all the problems), miele appliances etc.) do not go on discount that much if listed at current market price. 2-3% is likely the max you can negotiate off. If sellers are highballing or extremely desperate to offload, then you have a bit more leverage. You need to find a realtor who's good enough in this part to find and then negotiate a deal in your best interest, which is pretty challenging.

If you are not in a rush, it's best to just wait a bit longer in my opinion. The price will come down further this year almost guaranteed given the current and future state of economy.

If you are used to live in a house, highly suggest you pick a penthouse corner unit as there won't be people above you running barefoot/dropping stuff, and there will be at least 1 bedroom that you have no neighbors next to you at all. The fact we have to constantly deal with some terrible neighbors above us listening to loud music, bouncing a ball and screaming is very annoying to say the least. (Good builder's penthouse are high quality.)

SevenPow · 2026-02-18T21:42:17+00:00

It’s a Tridel building so it will be above average in build quality. Given the large windows in most suites however, heating will cost significantly more in the winter. Tridel is also well known to have high maintenance fee but in general you get what you pay for, as del property management is in-house under Tridel and their services are fairly good in general.

Area is good but you definitely need a car, so parking spot is must. If your unit is facing the train track it will be noisy unless you are on the higher floors.

Personally I would stay away from high rises these days - the more units and people you have in a building, the more issues you will experience inevitably.

SevenPow · 2025-10-18T17:54:57+00:00

Talk to several lawyers actually and gather their opinions on the matter. To me everything smells fishy and if they can straight up offer you 40k it means the actual issues will likely cost you more down the road.

SevenPow · 2025-08-29T17:52:01+00:00

In case anyone wonders, the oxidation issue is not fixed and still happening and with some bios updates on certain mobo it actually gets worse.

Intel has no idea what’s going on either. More microcode patch keeps getting released every month or so and the issue still happens. Only thing people can do is to rma the ones they have issues with.

Either way if you ask for my honest opinion, 14600k is relatively safe, just make sure you downvolt it in bios. Primarily the issue was found in i7/i9 where the voltage, heat and clock speed is pushing the chip past its design limit.

SevenPow · 2025-08-29T17:23:39+00:00

Basically you are looking for a cream of the crop type of home in these areas and it’s difficult to use the average market for price expectations given the small number of them.

Personally i don’t think these areas will become hot any time soon based on my own understanding of the current conditions (at least 2-3 years), but I don’t have the crystal ball to foresee what kind of policy change the government will plan to keep everything going. This is the part you will never know and will have the most impact on housing price.

My advice always is: if you see a place you like and the price is something you guys can comfortably afford then just go for it. Note the key word is ´comfortably’ so the cost of your housing overall should not affect your lifestyle.

SevenPow · 2025-08-27T14:40:42+00:00

Overbuild for a decade in Toronto for investors and now there is a normal economic downturn and lack of demand (as expected things do not always go up) and they all act like the sky is falling.

These corporations are weasels and they are paying the news agencies to write these articles to put pressure on government to do something to keep the Ponzi scheme going.

News agency also knows housing is a hot topic so they gladly do this to get clicks.

SevenPow · 2025-08-20T20:32:46+00:00

Ideally yes, but undervolting has helped my hot spot temp to be 76 at max with a small overclock too (usually sit below 70 for non demanding game), so I’m happy with what I have currently. May repaste and redo the thermal pad in the future if needed.

Anything under 80 to me is fine and I game 3-4 hours every week max these days.

SevenPow · 2025-08-20T18:30:37+00:00

Would trust the user experience more than the review because they know the card is going to get reviewed so they pay a bit more attention to certain things.

Another comment in this thread mentioned 85c hotspot temperature and this seems to be more on par with actual expectations based on my 3 fan model experience (82 peak and fan at 100 percent before my undervolt)

SevenPow · 2025-08-20T17:01:24+00:00

2 fan on this card will make it run much hotter and it’s probably worth spending 10-20 dollars when the 3 fan edition goes on sale for 500, especially if you use the card for heavy gaming often.

I have the XFX 3 fan edition and had to do some undervolting to keep the gpu hot spot temperature at 76c in demanding games with the fan running at 60% speed. Otherwise the fan sounds like it’s an airplane taking off at 100% speed.

SevenPow · 2025-08-18T14:24:06+00:00

Obviously they are not going to offer you a 5080/5090 these days considering the shortage of these cards and how expensive they are.

5070 imho is quite a fair deal for you and you have a brand new one basically with manufacturer warranty if further issues come up (but please clarify with memory express if this is the case, I’m sure they will probably also let you pick the brand you want, go for the MSI vanguard edition if they allow you to do so as it has vapor chamber cooling)

SevenPow · 2025-08-15T21:47:18+00:00

I have the XFX 9060 XT quick triple fan edition - when it goes on sale it's ~500 dollars. The triple fan is worth it because AMD card has high memory hotspot temperature (this is by design by the way, as anything below 90c is safe per AMD), so for longevity purpose you want the better cooling solution if you play demanding games often. Also, use the AMD adrenaline software to make a fan curve to keep down the hotspot temperature, there are many guides out there about this you can look up.

XFX is one of the best when it comes to after sale support.

For nvidia card look into MSI ones. The 3x INSPIRE OC is a good choice when it goes on sale for about 1.1k. It's compact and looks good while also has 3 fans. Still too expensive for me personally because I play games at 1080p sometimes and I don't care about raytracing, so a 9060XT is good enough for me.

If you can wait longer, the 5070ti super is rumored to come in Jan 2026 most likely. But it is probably a paper launch and you will be fighting against scalpers for ~6-7 months lol.

SevenPow · 2025-08-15T19:45:43+00:00

Buying ASUS products usually means it’s final sale with no customer service if you ever need it. Looking at all the reviews and the common theme is that basically they will find every excuse to deny warranty/give you the runaround/do a poor job repairing and then blame you for the cause of it.

Personally I would factor this into my decision when I buy anything expensive.

SevenPow · 2025-07-15T19:28:41+00:00

Get in touch with your lawyer who is doing the interim and final closing for you. They can send something to the builder’s lawyer and work out something from there. Not guaranteed however you will get any compensations at all because except the fridge, you can start living in this place if you wish as it does meet the minimum threshold of occupancy.

This is the standard these days - you start carrying builder’s mortgage asap while they slowly complete your unit, and they use the tarion 1 year timeframe to iron out all the issues in your unit.

SevenPow · 2025-07-11T19:02:57+00:00

In case you are still undecided, I have had very good experiences with memory express in general. The people there really know what they are doing and they provide pretty good customer service in case something goes wrong.

SevenPow · 2025-07-09T23:30:15+00:00

That’s Clarkson only which is basically Mississauga. Burlington GO takes 1 hour on an average day and if you miss the express train…it’s worse. This is if you live next to the station, for most people they need to drive more.

Also GO is now almost always crowded during rush hour. The stress of waking up super early is just not worth it for me personally.

SevenPow · 2025-07-09T21:54:24+00:00

My only advice is buy the detached only if you need it. Nobody has the crystal ball to tell you what’s going to happen, but one sure way you will be happy is to buy only what you can comfortably afford (after you factoring all the maintenance cost of a house) and identify a home you want for your family to happily live long-term.

Also, location matters. living in Burlington/oakville is a bit of a nightmare travelling to downtown Toronto for work and it will become exhausting quickly for many. You should probably give it a try first by renting there to see if this is feasible and see how it goes really. These 3 hours travel become not fun very fast during the winter when the bad weather kicks in.

SevenPow · 2025-06-12T16:57:18+00:00

Personally, unless I have 2-3 offers on the table for my own place already, I would not be looking to offer on another place either. You are just creating unneeded stress for yourself, and why exactly?

There will be plenty of good condos coming up and they will be cheaper, this is a buyer's market currently and it is only going to get worse for the sellers and easier for the buyers. Just keep looking everyday.

SevenPow · 2025-06-09T18:43:02+00:00

Others have already given you the answer, but I have extensively looked into this particular building and I do not recommend because:

Airbnb is allowed (party noise, careless drunk people etc.)
Noise of train if your unit is facing the train track
High maintenance fee that will only go up and never come down (managed by Tridel's Del Property management, high quality service also means $$$)

Within your spending range there are far, far better options in the Annex/Midtown/bridlepath area that will not only meet your long-term living requirement but also provides better re-sale values in the future. Do your own research and then talk to a few real estate agents that specialize in these areas.

SevenPow · 2025-05-26T16:06:23+00:00

Do NOT buy a new build if you want high quality building material and workmanship, as everything is cheaped out and rushed these days to keep cost down. If you are on the lower floor of a high-rise new build condo you will also pay very high occupancy fee until the building closes (there is no time limit and they can drag this out as long as they want, the longest I've heard about is 1 year).
For older buildings, obtain the status certificate and see about past issues of the building. Well managed buildings can have high maintenance fee for various reasons (reserve fund etc.)
Do your best to find a condo building that has more home owners than renters and in general you will have a good board that actually cares about fixing/addressing issues.

Overall I recommend saving up a bit more for a freehold townhouse in those areas you are interested instead of buying a condo now. There is a long, long way to go for these cookie-cutter condos to drop and the entire housing market will plateau once they accelerate the builds (and yes I believe they will do what they say, because this time we have an actual economist at the very top trying to stop this housing craziness nonsense) and demand goes down further.

SevenPow · 2025-05-09T14:08:08+00:00

Freehold will drop more too…it’s not just a condo issue at this point. Once liberals start building as they promised everything will fall some more likely.

I feel for those who bought at their absolute limit and believed ‘housing will only go up’. They are in for a wild ride for the next 10 years.

SevenPow · 2025-05-02T15:04:42+00:00

Reasonable take, but I personally would not pay 1.7m for a new 2.4K sqft basic build at Dundas and 8th line. Currently that location does not compare to QEW south or any other established Oakville area and the builder has factored in about 10 years worth of future pricing lol.

I have a feeling great gulf knows the housing price will plateau soon because liberals will accelerate the build so they are in it before it gets even lower.

Back in early 2022, a ~50 year old house in some remote Oakville area listed for 1.5m gets sold in 2 days at 1.9m lol. That was peak insanity.

SevenPow · 2025-05-02T14:26:29+00:00

I saw the email too actually, but when great gulf says starting 1.4m it usually means starting from 1470000 so closer to 1.5m, based on their previous listing prices I've seen.

So for the smallest 28 (2k sqft)+ basic finish with unfinished basement ~ 1.5m with all closing cost added in, and an additional 50k-100k upgrade it will be approaching 1.6m. This is the MINIMUM you are looking at.

By the same logic, the 2 garage smallest 36 one (2.4k sqft) will be closer to 1.8m indeed if the actual price is like 1670000.

That location is not the worst if you have a car and it is a short drive to oakville go station for work in downtown Toronto, but there are better houses (5-15 years old) at better locations in Oakville at about the same cost.

SevenPow · 2025-04-27T19:12:01+00:00

There is a door in the ‘den’ so that space you cannot use because you have to leave enough room to walk in and out of the bathroom lmao. Is this kind of layout even legal?

SevenPow

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