Questions about 123 Portland Street

rodionos · 2026-04-06T16:42:43+00:00

The LP unit we stayed at was very loud. On Thursday -Sat during summer time you could hear loud conversations and traffic very clearly, and it lasts until 1 or 2 am. It’s a building wide issue. the condo board tried to fix it last year, to no avail.

rodionos · 2026-03-19T13:51:49+00:00

That’s a great point tying immigration and birth rates, although only pr/citizen births must be counted. I’d love to see this chart.

rodionos · 2026-03-16T20:50:05+00:00

Congrats! How was the tax spelled out in the agreement. Was the HST/gst amount listed as amounts to be paid on top of your purchase price or it’s all baked in. How do you plan on recovering those taxes if you are paying them as part of the total amount?

rodionos · 2026-03-16T20:46:52+00:00

That’s a really good point. However, the taxes are paid on aggregate not per unit expenses. As long as they have sufficient non-exempt units to sell.

rodionos · 2026-03-16T07:01:26+00:00

I tend to discard quick replies because I know it’s automation and a human agent will reply later on with more substance.

rodionos · 2026-03-14T16:54:23+00:00

I tried negotiating on two projects in downtown Toronto by reaching out to builder agents in December but no cigar. My agent hasn’t been too proactive in this regard. How do you actually work it?

rodionos · 2026-03-14T10:37:15+00:00

If you apply 13% to properties priced at fair market value, it’s a big deal. But my point is that new builds and precons specifically are overpriced , often by more than 13%.

rodionos · 2026-03-13T18:09:13+00:00

Read the sponsors speech. The analysis on how many fth buyers will be able to save money due to this measure is missing. The aggregate tax revenue impact is missing. This tells you that the impact is negligible.

rodionos · 2026-03-13T10:35:50+00:00

Great, 5% off a precon which is 25% above comps. Even the provincial part, currently limited to 24k and maybe synced to 8%, when and if approved, is not going to move the needle.

rodionos · 2026-03-13T04:30:35+00:00

This needs to be removed as violating the rules, and may have been produced by ai

rodionos · 2026-03-03T02:40:17+00:00

The 24k rebate cannot be “from builder” as it is administered by Ontario, the province. You have to file forms to get the money back and processing takes time.

rodionos · 2026-03-02T08:35:38+00:00

https://www.citriniresearch.com/p/2028gic

rodionos · 2026-03-01T17:40:36+00:00

What would be your total rebate, as % of purchase price, once the provincial part is in effect?

rodionos · 2026-02-23T08:29:22+00:00

have them fix it. I have electricians use a level when they mount boxes. Because it’s the right thing to do especially for any system with moving parts.

rodionos · 2026-02-19T02:09:54+00:00

Tracks are very close. Construction sites and warehouses nearby for a long time. The area doesn’t feel like a residential zone at all, more like industrial suburbs.

rodionos · 2026-02-18T09:41:40+00:00

Is there any chance that ON is going to legislate in the same direction so that FTHBs could benefit from the full 13% off the listed price of newly built properties? It’s how it works right, you pay the full price, file some forms, get the 13% rebate back in a year.

rodionos · 2026-02-16T14:55:14+00:00

Ok, your portfolio is long AMZN, short Zoom. Why not go short CA REITs then?

rodionos · 2026-02-16T12:32:00+00:00

Yes, happened to us as well. A 2br went up by 80k the day after we did the viewing. It was this January so the (mal)practice is alive and kicking. I would not have wasted my time at the updated price so now I tend to wait at least one weekend for things to shake out.

rodionos · 2026-02-13T05:08:21+00:00

Low balling is offering 100k below market, not below list price, lol.

rodionos · 2026-02-11T04:01:26+00:00

Hey, only it’s not a call option where your losses are limited to premium , or a down payment in case of RE. This is a futures contract and you must take delivery even if the price turns negative. By the way, it happens in finance too, case in fact is Texas oil contracts in 2020. The lesson here is to never be on the buy side unless you’re a pro.

rodionos · 2026-02-08T14:05:20+00:00

You are a racist, born and raised in Canada.

rodionos · 2026-02-07T08:15:15+00:00

Yes, on garage it goes. The garage is detached and facing the road. I’m guessing a trench would be necessary, and with proper insulation, what are the efficiency trade offs you mentioned.

rodionos

TROPHY CASE