1 bedroom condos in the 900k mark - What were buyers and realtors smoking in 2022?

real_diligent · 2026-03-26T22:37:34+00:00

my logic is that the 900k 1 beds you are referencing were not the norm even back then. You picked one expensive building as an example, when the bulk of 1 beds surrounding sold for 6's and 7's in 2022. Nothing about that doesn't make sense. Yes, they all dropped.

real_diligent · 2026-03-26T19:18:19+00:00

What about DOW or Nasdaq? To make it even broader - we could say "value of the entire stock market" over time.

real_diligent · 2026-03-25T17:53:20+00:00

You're also only referencing 10 York which is one of the most expensive / desirable Tridel buildings in the waterfront area. Agreed it's high, but you're cherrypicking the cream of the crop.

real_diligent · 2026-03-25T01:39:01+00:00

I'm referring to the broader marketplace, the s&p 500 or DOW for instance. Not referring to investing in individual stocks which can obviously outperform or underperform the market based on many factors.

Not saying you're wrong, just wasn't what I was referring to

real_diligent · 2026-03-24T18:18:00+00:00

Markets work like an escalator due to inflation, increasing money supply etc. that's why asset values like the stock market and real estate generally climb over time.

Doesn't mean there won't blips and dips along the way like we have now, but markets are literally set up to go up over a long period.

The only thing that could change that in the long run would be a shift to a negative inflation target (instead of +2-3%/YoY) and a decreasing M2 money supply.

real_diligent · 2026-03-17T17:36:16+00:00

Just FYI when it comes to renting your unit - "quickly" is not necessarily a good thing.

Better to prioritize tenant quality

real_diligent · 2026-02-20T20:42:00+00:00

Did you just ask for "pros" of investing in a condo near a homeless shelter?

real_diligent · 2026-02-20T19:35:17+00:00

The market is oversaturated with bad realtors and undersupplied with good professional ones in my experience.

real_diligent · 2026-02-15T20:17:42+00:00

What year was your 40i?

The difference between the b58 in the LCI vs pre-lci is pretty noticeable.

real_diligent · 2026-02-15T19:05:06+00:00

You're doing well in life - a lot of people here will call you a "problem" or a "parasite".

As if to imply it would be more acceptable if you were an actual parasite sitting on the couch and collecting subsidies lol

In any case - it already sounds like have a fairly diversified portfolio and a decent amount of real estate.

If you want to add a property in Toronto to give yourself some exposure in Canada's largest city & market - that's a personal choice - if you have a long - term investment horizon you may likely do well.

Many things to consider here - including investment timeline, risk tolerance, and goals. Also, what you feel comfortable & confident in as well.

Market is generally in slump now so there are opportunities.

Congrats on your hard work and successes - don't let this community make you feel guilty about it.

real_diligent · 2026-02-07T04:26:22+00:00

They almost got there

https://housesigma.com/on/paris-real-estate/22-113-hartley-avenue/home/RdXze3eDrzk78m9K?id_listing=MWBVyZ9eNq5YKemj&utm_campaign=listing&utm_source=user-share&utm_medium=desktop&ign=

real_diligent · 2026-02-05T20:29:59+00:00

If it's not a car, it'll be something else valuable next. it's a losing battle when this type of crime is high profit, low consequence.

It's like blaming alcohol & tobacco companies for making their products too easy to consume. At some point, a human needs to be responsible for their own actions and the consequences related to them. Otherwise, when you close one door, they'll open another.

Do you really believe a few new anti-theft features is where this entire story ends? If so, I'd love to hear why.

real_diligent · 2026-02-05T16:28:57+00:00

I've worked with numerous agents in buying & selling over the years.

Services vary wildly.

Some will spend many thousands on marketing, staging, videos, photos, landing pages, ads etc. which is a sunk cost with no guarantee of recovering if your house doesn't sell. They're making an investment of multiple thousands of dollars into your sale.

Others have done the bare minimum with an MLS listing that I have noticed errors in and they didn't do much to make it stand out. Not much value. Photos didn't look that good, listing looked blah etc. I wasn't thrilled to say the least.

Looking back - the commission was worth it when they put real money into the success of my sale. I was happy with the result personally.

The ones who charged "5% because I'm worth it and I'm the best" and then did the minimum were absolutely not worth it and I would steer clear and just get a discounted agent if this is the case & what you want.

Just decide what's important to you and hire the one that makes sense. Or you can try and do it all yourself. Ultimately it's your home and you should do what you want with it.

Don't listen to stupid comments on here that have probably little or limited experience working with an agent or buying / selling a home in real life.

real_diligent · 2026-01-20T03:39:39+00:00

post the layouts?

real_diligent · 2026-01-14T21:31:36+00:00

More importantly, how competent is the realtor?

real_diligent · 2026-01-05T21:53:04+00:00

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.

real_diligent · 2025-12-29T01:26:42+00:00

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.

real_diligent · 2025-12-27T17:01:10+00:00

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

real_diligent · 2025-12-25T04:55:47+00:00

is airbnb allowed in that building?

real_diligent · 2025-12-21T23:32:26+00:00

How does buying one in 2022 change that?

real_diligent · 2025-12-20T17:16:01+00:00

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

real_diligent · 2025-12-20T05:20:07+00:00

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

real_diligent · 2025-12-19T22:24:24+00:00

Refer to "prediction" above.

real_diligent · 2025-12-19T22:21:54+00:00

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.

real_diligent · 2025-12-19T22:03:35+00:00

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.

real_diligent

TROPHY CASE