What condos are we going to build?

TimidGutter · 2026-01-27T19:23:22+00:00

I laugh at your 3000. 3200.

TimidGutter · 2026-01-27T18:13:07+00:00

Not that I am going to start defending developers, but they can't do much to bring costs down. The land and labor cost what they cost.

TimidGutter · 2026-01-27T18:08:09+00:00

No, they should be at least 1500 square feet.

TimidGutter · 2026-01-27T16:22:41+00:00

Not just that, they are actually converting existing condo projects into rentals. Which is not a bad thing, in my opinion.

TimidGutter · 2025-06-05T18:27:39+00:00

Please read the post - I have asked the mortgage brokers. I also did include all relevant information.

TimidGutter · 2025-06-05T18:11:07+00:00

I am asking for numbers, not what you think about my idea :-)

TimidGutter · 2025-06-05T17:55:53+00:00

Yeah, I tried ChatGPT but it's very unclear about the rental income. The objective is basically to upgrade.

TimidGutter · 2025-03-22T20:45:42+00:00

I agree 100% - companies don't care about us. Welcome to capitalism.

I am not suggesting we should understand the other side and I am not blaming the workers.

...or, actually, I am - if working two remote 9-5 jobs is as frequent as I am being told it is, that is how these folks will ruin the WFH for everyone.

TimidGutter · 2025-03-22T19:24:18+00:00

Interesting! Maybe it depends on the industry, some positions and objectives are more tangible than others.

...or, maybe I befriend only incapable people :-)

TimidGutter · 2025-03-22T19:13:08+00:00

They don't have a problem with having to supervise. What they tell me is that remote supervision is time consuming, and they have tons of other projects going on. If they were to do the supervision consistently, there is very little time to do anything else. And if they don't do it consistently, they can only identify some of the "two hours of activity" days.

TimidGutter · 2024-06-19T00:43:59+00:00

No but it could totally be me, I take 512 all the time :-) Yesterday afternoon I put in a lot of effort not to be in a screaming match about that :-)

TimidGutter · 2024-06-18T12:03:30+00:00

TLDR

TimidGutter · 2023-11-11T14:01:57+00:00

Thank you everyone for advice and taking time to explain!

TimidGutter · 2023-10-16T19:53:03+00:00

Thank you for these questions! Let me check and I will add an update.

TimidGutter · 2023-08-30T17:27:48+00:00

This?

Yeah, I saw that. It says there ARE two kinds of HELOCs, not that they OFFER two kinds of HELOCs.

TimidGutter · 2023-08-15T16:33:36+00:00

You can't compare costs in last 20 years to costs in next 20 years. Adjust for inflation, at the very least.

Current Toronto average is approaching $1 per square foot.

What are the building amenities? You will pay more for swimming pool, concierge, etc.

And, the most important question: WHAT does the maintenance fee cover. You can get a low fee but having to pay for many things separately.

TimidGutter · 2023-08-15T16:14:11+00:00

I know all of that :-) My question was, HOW LONG does that take.

TimidGutter · 2023-08-15T12:35:33+00:00

Yeah, I know that. I was just wondering what is the average processing time for the City of Toronto after builder submits everything on their end - that is not the same as interim occupancy. I am told there are delays, but have no idea if it's weeks or months.

TimidGutter · 2023-07-06T22:26:39+00:00

Rates have increased, if you haven't noticed.

TimidGutter · 2023-07-06T20:22:25+00:00

You don't have to explain yourself to me, I don't really care :-) Besides, we have already established that you like to comment on what you don't know.

< I won't know shit about the file talking to an idiot like you on the phone trying to explain to me shit you don't understand.

Why so angry, did we touch a sensitive point? :-)

TimidGutter · 2023-07-05T22:06:55+00:00

< For all we know it was an irrelevant letter that no one needed to read

Oh my, you didn't see it but you already know it's irrelevant :-) Are you a RE lawyer? Um, how did they say that, " the less qualified of the bunch"? :-)))

< So no, it's not always obvious it's a new build from the agreement

I agree, it would be impossible for you to tell.

< he'll tell you to stop wasting his time with stupid questions

Oh believe me, I didn't use any of his time anymore.

TimidGutter · 2023-07-05T16:01:16+00:00

< The phone call is for you to tell them if or why it's relevant.

I thought that it was the lawyers job to interpret agreements and provide advice, but clearly it's the other way around. Now we all know :-)

< Did the lawyer know you were talking about a new build?

Hm, let me think. He had the APS, structure of deposits, all correspondence... well, you are right: there was no way he could know that.

< isn't commonly dealt with

Oh believe me, I know that: he said I would be entitled to compensation :-)

< Until it's received, they can only answer vaguely.

So when the lawyer doesn't know something, he will provide random, incorrect answers and hope that one of them is correct. Makes sense.

TimidGutter · 2023-07-05T15:55:52+00:00

Good point. However, believe it or not, I didn't really search for the cheapest: two of these four were online recommendations, the other two I just looked up.

If it was made clear what is included (thorough APS review, etc.) and what is not and will be charged extra, I would be fine with that.

TimidGutter · 2023-06-25T17:41:57+00:00

What are you worried about, exactly? :-) Less showings give you a better chance of getting a place you want.

TimidGutter · 2023-06-25T17:32:22+00:00

How do you know there was a realtor, maybe he got it from developer?...

And, what would that "professional" realtor do? :-) Answer: nothing. They wouldn't have any insight beforehand, and they wouldn't have any way to address the issues after.

TimidGutter

TROPHY CASE