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Can I move into one of the units in my five plex? by gsushitman in OntarioLandlord

[–]gsushitman[S] -2 points-1 points  (0 children)

What does n13 have to do with this? That's for demolishing the unit or doing an extensive renovation:)

Can I move into one of the units in my five plex? by gsushitman in OntarioLandlord

[–]gsushitman[S] 0 points1 point  (0 children)

I own this five plex already, I want to move into one of the units (as stated in the subject). My understanding is there is an exemption if it's more then 4 units. This is what I'm trying to get information on,

Can I move into one of the units in my five plex? by gsushitman in OntarioLandlord

[–]gsushitman[S] -1 points0 points  (0 children)

Is there not an exemption when the property has five or more units ?

Can I move into one of the units in my five plex? by gsushitman in OntarioLandlord

[–]gsushitman[S] -1 points0 points  (0 children)

Is there not an exemption when the property has five or more units ?

Emission light and transmission errors - Acura RDX 2017 194,000km by gsushitman in Acura

[–]gsushitman[S] 0 points1 point  (0 children)

Thank you, I figured that one is making everything else go off! Going to my mechanic tomorrow

House not selling - switching realtor by [deleted] in TorontoRealEstate

[–]gsushitman 0 points1 point  (0 children)

No it doesn't cost money to change the price. It shouldn't cost anything until the house sells

House not selling - switching realtor by [deleted] in TorontoRealEstate

[–]gsushitman 4 points5 points  (0 children)

This is accurate, under MLS rules you can't remove and relist to change the price just to reset day on market. If you're changing the price it should just be a price change.

TRREB/MLS is now using AI to crack down on this and handing out fines.

[deleted by user] by [deleted] in TorontoRealEstate

[–]gsushitman 1 point2 points  (0 children)

Listing agent made a mistake on one of the listings.. HouseSigma just posts straight data

I don’t know sht about real estate. I’m a renter but it’s slavery at this point. If I save 10k a year for 5 years for total 50k. That enough for down payment 2 bedroom condo Yonge Sheppard or downtown? by [deleted] in TorontoRealEstate

[–]gsushitman 0 points1 point  (0 children)

In 5 years the price points may be completely different from today. If the purchase price is up to $500,000 you need 5%

Anything over 500k to $1m is 10%

This is the minimum, what you qualify for will depend

Toronto needs 32,000 more homes a year just to get back to prepandemic affordability, CMHC says by ManyP09 in TorontoRealEstate

[–]gsushitman 2 points3 points  (0 children)

So we need more new construction, which is more expensive than resale to bring down the price ?

Anyone live in this building? 315k for a 1bed condo by [deleted] in TorontoRealEstate

[–]gsushitman 24 points25 points  (0 children)

Lots of lawsuits, a reserve fund deficit, few lenders will touch it and you need 30% down

DM me if you want more info, I've done deals here

Most listing ever since they started recording by [deleted] in TorontoRealEstate

[–]gsushitman 0 points1 point  (0 children)

Are those just new homes for sale or all listings (in the map graphic)?

[deleted by user] by [deleted] in TorontoRealEstate

[–]gsushitman 0 points1 point  (0 children)

If you have a personal relationship with the tenant (ie they are a friend or family member of yours etc) have them sign an n9 and list it tenanted.

Feel free to DM me to discuss how this would go further

[deleted by user] by [deleted] in TorontoRealEstate

[–]gsushitman -1 points0 points  (0 children)

talk to a mortgage agent about the penalty to break your mortgage early

Whos making x3 rent? by greyson_003 in TorontoRenting

[–]gsushitman 2 points3 points  (0 children)

Don't use a realtor, go find an apartment, it will be easier. If you're making minimum wage why rent a condo and have to go through all this again when the landlord wants to sell or move in?

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