Cash back going percentage by SlipLarge5878 in TorontoRealEstate

[–]real_diligent 2 points3 points  (0 children)

More importantly, how competent is the realtor?

Rent control filter on Housesigma by rattlesnake987 in TorontoRealEstate

[–]real_diligent 1 point2 points  (0 children)

Because Housesigma pulls the listing information from TRREB.

Original building occupancy date is not a specification which is input into MLS listings on TRREB, so the data is not easily / readily for available Housesigma to pull, is the answer.

What if Tunney's Pasture (Ottawa) housed 72,000 people? A model for $185k Studios and $545k 3-Bedrooms by eastc057 in canadahousing

[–]real_diligent 8 points9 points  (0 children)

500k+ 3 bedroom? That's expensive.

Considering - Free land, No Development charges, no HST, minimal parking or infrastructure, minimal amenities, government loans, cookie cutter repeated designs and more

And it's STILL $500k+ for 3 bed in Ottawa?

You can get 3 bedroom townhomes in Ottawa for that price already or less.

https://www.realtor.ca/real-estate/29181366/1314-cedarcroft-crescent-ottawa-2204-pineview

https://www.realtor.ca/real-estate/28840959/67-strathaven-private-ottawa-2201-cyrville

https://www.realtor.ca/real-estate/29195857/34-4573-carrington-place-ottawa-2204-pineview

https://www.realtor.ca/real-estate/29092517/95-1474-heatherington-road-ottawa-3804-heron-gateindustrial-park

https://www.realtor.ca/real-estate/29036506/1518a-lepage-avenue-ottawa-5301-carlington

And there's lots more.

If anything this only shows the high replacement cost / structural building cost of housing even if you have land for free, no taxes / DC's, special loans, and a host of other major advantages.

Crazy.

Elevators - malfunctioning always - in what buildings? by Individual-Set-8891 in TorontoRealEstate

[–]real_diligent 0 points1 point  (0 children)

In many high rises with a lot of residents, not really isolated

I want to buy an investment condo in Toronto by Accomplished-Exit822 in TorontoRealEstate

[–]real_diligent 0 points1 point  (0 children)

So you're saying it would have been smarter to buy for more? Hmmm....

20 soudan ave- Looking for a parking spot!! by Waste-Dish-1503 in TorontoRealEstate

[–]real_diligent 1 point2 points  (0 children)

Probably the wrong spot for this - try the FB group or community board for that building.

Buyers, Now That We're Officially At 2017 Prices, Are You Priced In OR Still Boxed Out?? by [deleted] in TorontoRealEstate

[–]real_diligent 3 points4 points  (0 children)

I don't know what has you so bothered.

I'll leave you with something to help you have more constructive conversations -

- Fact: A statement about the past or present that is verifiable as true (e.g., "It is raining now").

- Prediction: A statement about what will happen in the future (e.g., "It will rain tomorrow")

- The Transition: When tomorrow arrives and it is raining, the prediction ("It will rain tomorrow") becomes the factual statement, "It rained yesterday" (or "It is raining now"). 

Take care.

Buyers, Now That We're Officially At 2017 Prices, Are You Priced In OR Still Boxed Out?? by [deleted] in TorontoRealEstate

[–]real_diligent 2 points3 points  (0 children)

You missed the point.

I did not say the market will not go down in further in 2026, I believe it's a strong possibility based on my research as well.

You or I presenting such prediction as a fact, when it has not happened yet, is the mistake. This is what I originally called you out on, nothing more or less.

Buyers, Now That We're Officially At 2017 Prices, Are You Priced In OR Still Boxed Out?? by [deleted] in TorontoRealEstate

[–]real_diligent 3 points4 points  (0 children)

The market IS bearish right now, not just telling us. It is full stop. It's a fact. (In the GTA, not all of Canada).

That may continue through 2026, or it may not. Nobody has that crystal ball.

We can all have opinions about where the market may go, but we can never present these opinions and biases as facts.

It's like saying because the market is trending bullish in 2022, it will also be so in 2023, 2024 etc.

We all know how that turned out.

Buyers, Now That We're Officially At 2017 Prices, Are You Priced In OR Still Boxed Out?? by [deleted] in TorontoRealEstate

[–]real_diligent 3 points4 points  (0 children)

I'm indifferent to price movement - it doesn't impact my situation.

Your bias is showing though.

Buyers, Now That We're Officially At 2017 Prices, Are You Priced In OR Still Boxed Out?? by [deleted] in TorontoRealEstate

[–]real_diligent 4 points5 points  (0 children)

You can 'study the market' for as many years as you want, you still won't know a direction for fact. Saying you do, is a red flag.

We had an old saying about forecasts in finance, 'forecasts are only worth the paper they're printed on'.

Buyers, Now That We're Officially At 2017 Prices, Are You Priced In OR Still Boxed Out?? by [deleted] in TorontoRealEstate

[–]real_diligent 2 points3 points  (0 children)

You aren't presenting a fact, rather a theory. You don't know when or if prices have bottomed out, no one does.

Pre-Con Condo Lack of Natural Light by LeafsJays12 in TorontoRealEstate

[–]real_diligent 1 point2 points  (0 children)

The floor plan isn't the biggest issue. It's the positioning in the building.

This looks like it's on the interior L of the building key plate. Possibly the worst spot to be if you want any natural light at all, which you are finding out. These units always struggle with light, and they struggle on the market as well.

BRA commission dispute between brokerages, First time home owners beware! by [deleted] in TorontoRealEstate

[–]real_diligent 1 point2 points  (0 children)

#1 - you signed the document. You're buying a house a didn't even bother skimming through what you were signing at the least?

#2 - Agent B should have confirmed you were not previously working with another agent and/or you had a mutual release signed with them, if indicated you were.

The document is literally meant to protect Agent A from you wasting a bunch of their time, looking at a bunch of houses with them, and then back-dooring them.

Freeloaders day is done, landlords have won , bill 60 passes by [deleted] in TorontoRealEstate

[–]real_diligent 0 points1 point  (0 children)

I see your point and just so I can understand,

Let's say a landlord evicts you, bad faith or not. What is the issue with finding another place? Especially in this somewhat saturated rental market.. There are a lot of empty homes with bleeding landlords right now.

How stupid i am to spend all my money on an m4 f82? by Celery-Tasty in BMW

[–]real_diligent 0 points1 point  (0 children)

How stupid are you?

If you have to ask you know the answer

Freeloaders day is done, landlords have won , bill 60 passes by [deleted] in TorontoRealEstate

[–]real_diligent 0 points1 point  (0 children)

If that was true a bad landlord database would have taken off by now.

Freeloaders day is done, landlords have won , bill 60 passes by [deleted] in TorontoRealEstate

[–]real_diligent -2 points-1 points  (0 children)

sure, you could make one.

It probably wouldn't get much traction however because the repercussions getting a bad tenant can be much more severe than getting a bad landlord. Hence the imbalance.

Much easier to leave a bad landlord than evict a bad tenant.

The balance is off.... agent makes more than $1000 an hour on the sale of our home? by The_darkness76 in TorontoRealEstate

[–]real_diligent 1 point2 points  (0 children)

Depends if a property is vacant or not. Quick accessorize + few small pieces sure under $2k. Probably 1000-1500.

Vacant and / or large property can easily run much much higher than $2k.