$500K vs $6,500,000 Toronto Condo

Рет қаралды 40,853

9 ай бұрын

Touring four Toronto condos from $550K to $6.45M
Email me: jordon@precondo.ca
Call me: precondo.ca/call
Please let me know if you want to see more (or less) of this type of content!
PS sorry about the audio and the incoherent ramblings, new to this but will get better :)
Featured:
- 550K (Tom Storeys listing) is sold
- Toy Factory (Rileys listing) is off market
- precondo.ca/the-well-condos/
- precondo.ca/aquabella-condos/
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Пікірлер: 157

@BCSimonYT 8 ай бұрын

1.85M condo is something that 15-20 years ago could be rented for $1200 month. Shows how crazy the prices are in Toronto.

@Precondo 8 ай бұрын

I think you’re mistaken The Well didn’t exist 20 years ago

@BCSimonYT 8 ай бұрын

Not that exact building but same layout, size, etc. Looks rundown for 10 years old.@@Precondo

@billpearsall6774 8 ай бұрын

1200? 15yrs ago dream on, I paid 1400 on Kingston Rd. and Victoria Park 30 yrs ago 1100 sq ft

@maxzytaruk8558 8 ай бұрын

I think a big problem in Canada is that real estate is solely seen as a commodity market, people aren't looking for generational homes anymore😢 your home should be your domicile

@robertovonschoettler 8 ай бұрын

Condos depreciate much faster too. According to Stats Canada, only 9% of people living in condos are owners. Toronto it's an investor's city.

@FrizzyAnimation 9 ай бұрын

yeah "a great starter unit" for 500K for a kitchen and a bedroom. What a joke

@everydaypeak 9 ай бұрын

i will happily live in my car before paying whatever the current real estate costs in Canada are

@Joe-mz6dc 8 ай бұрын

It's basically a closet.

@lennon3712 8 ай бұрын

Imagine complaining, wait till you visit my home, Hong Kong 😂

@Notimeforbs 8 ай бұрын

493 sqft too 😂

@drstepan1078 8 ай бұрын

Yeah, 2023 is wild. My parents bought their house (2 floors + basement, 3 washrooms, 4 bedrooms, garage) for 400k in 2014ish

@ventinogiggs4172 8 ай бұрын

I enjoyed this. This type of video adds another dimension to what you do. Very well done

@sandrarekker585 9 ай бұрын

liking the content and appreciate the floor plans that pop up on the screen. well done! love your usual content as well.

@BillyWoon 8 ай бұрын

This was great Jordan. Love all your content!

@masahirogo3330 8 ай бұрын

500 square feet is for 3 bedroom in Hong Kong. Selling for over $2 million

@ethanoptimized 9 ай бұрын

Man I know you’re videos are usually more analytical-focussed but I can see you blowing up by adding more of these trendy-type house tour vids

@yungjiggamayne2262 8 ай бұрын

He's paying for advertisment. These views are from people being forced to watch his shit.

@IanSteaman 8 ай бұрын

Great video. More please but maybe more on the lower-mid end of the scale (although I do also appreciate the aspirational looks at the the highest-end properties too!).

@duttyboy03 9 ай бұрын

Really loved this video man…keep it up

@willroswell 8 ай бұрын

Wow that ground unit at the Toy Factory looks awesome. Love the easy access to Balzacs!

@patriciapeever5974 8 ай бұрын

Loved the ground unit at TOY factory

@user-ot5yn3gm5d 7 ай бұрын

cannot Neglect to mention the Liberty Village Bar Scene. "The Local" is across the street from the Balzacs there. Liberty SOHO down the street , Brazenhead etc.

@unfortunatelyrob2635 8 ай бұрын

I like it. A good balance of eye candy and entertainment + learning little things about local developer builds and finisbes

@DiggyT 9 ай бұрын

Condos that would go for 150k 20 years ago now worth 500k? The crash can't come fast enough

@TheDuncoh 9 ай бұрын

You gonna be the one to scoop up all the condos when the crash happens condo 👑? 😂

@BCSimonYT 8 ай бұрын

knowing the canadian government, they'll restrict people from buying units under X dollars and mess with the free market. If I didn't feel this way, I'd be all over the condo market, but I wouldn't touch it with my worst enemies money.@@TheDuncoh

@carln.6934 8 ай бұрын

Great content... Keep it up!!. Cheers from New York 👍🏽👍🏽

@ingridmueller3291 8 ай бұрын

Loved it!! you kept me engaged the whole time:)

@mythicachan-heung617 9 ай бұрын

Always love the analysis in your videos, but I really liked this condo comparison tour video as well. Please do more of these!

@maxympatenaude138 8 ай бұрын

Ive work at The Well and i just did the Presentation center on Wellington for the Q tower for Lifetime !! Love your videos !!

@user-ii1fv2zn8d 9 ай бұрын

Very good video and learn all these nice options condo units and very educational what all different choices available

@mitsa1 9 ай бұрын

Definitely like these types of vids 👍👍

@bearsm0m 5 ай бұрын

All these properties are beautiful. You just gained a new follower ☺️

@eliasmardani1564 9 ай бұрын

Great Video ! keep it up Jordon

@sammykatz8342 6 ай бұрын

very well done please continue - listen to often also. cheers!

@coffeesleeves 9 ай бұрын

Great video man! The quality was good. Very nice change of pace content-wise. More of this would be great!

@thegreenskeep1 8 ай бұрын

Love these types of videos.

@NunoToronto 6 ай бұрын

Amazing. I would love more videos like this one.

@paolovonbraumberger1974 8 ай бұрын

I am a new viewer. I have only seen a handful of videos, yet in contrast, I love the new format. Very engaging and informative. Keep pursuing this modality. We like the PowerPoints and the knowledge of our landscape, yet the tours are super! Keep at it, you are headed in the right direction. From one Torontonian to another. Be well, be… Amazibg!

@Precondo 8 ай бұрын

🙏🏼 🙏🏼

@actsx1 8 ай бұрын

Love this type of content

@theroyalcrownedtiger2946 8 ай бұрын

For that tiny apartment unit, what I would pay is $250K or less and without furnishings, I'll take care of that myself.

@davidhughes6048 5 ай бұрын

Hope you find a real estate agent who agrees with your assessment. 😂

@theroyalcrownedtiger2946 5 ай бұрын

@@davidhughes6048 : I don't care about real estate agents and their opinions, I would rather get an rv or trialer instead.

@Mcs_Target 8 ай бұрын

The size of that $550k "starter" condo isn't the problem, a starter condo should be $100k or less.

@pilotgirl5953 8 ай бұрын

Actually really enjoyed this !!!

@ye333 8 ай бұрын

If 500k is a "starter" you are having a great start! 😂

@user-yo5vc7rc4b 8 ай бұрын

love the videos bro please we would love to see more outdoor videos

@Mouzie13 8 ай бұрын

Great video!

@khanf13 8 ай бұрын

Dude you’re naturally gifted at being a realtor! And the choice of properties is awesome, keep doing this type of content you’re gonna blow up!! Your knowledge of the city also shows through which is cool

@Joe-mz6dc 8 ай бұрын

"naturally gifted at being a realtor" in other words a sleazy salesman.

@benchoflemons398 9 ай бұрын

* *pulls out shoebox* *: “This is a 550 thousand dollar condo in Toronto.”

@Matt-YT 9 ай бұрын

The problem is not the size but the price

@masahirogo3330 8 ай бұрын

What about high floor on 761 bay? 2+1 almost 1000sq ft uninstructed view

@Corythehausbaus 8 ай бұрын

good content bro, i can tell it's a lot of fucking work driving around and talk to the camera and try not to mess it up. For me, i like information, visuals are great compliment, so 1/3 can be like this video, rest of 2/3 should be awesome info that you do in your room cheers brother

@CityEstates 8 ай бұрын

Excellent door opening skills!

@user-je4zs7kx2s 8 ай бұрын

For $550K you can get a 5 bedroom mansion with swimming pool and tennis court in Dayton Ohio. Who do you think you're kidding?

@BCSimonYT 8 ай бұрын

seriously? link. Thats wicked.

@Hithere-dc2qx Ай бұрын

Exchange rate.... But yes it sucks in Toronto and the gta in general

@dtuyyyy 9 ай бұрын

BACK UP FASTER TOM STOREY

@CallumMoorekw 9 ай бұрын

Loved it!

@jooky87 9 ай бұрын

Get that Porsche windshield glass replaced bro!

@ladymephisto1647 5 ай бұрын

The small place is great! It even has a real bedroom with a door you can lock. And that’s more kitchen area than a lot of those more expensive condos where the “kitchen” is just along a wall with a mini sink and no counter space.

@mrbbqlvr4274 9 ай бұрын

Great content. Fix the windshield already!

@toast-cj 9 ай бұрын

Awesome video, I definitely would like to see more IRL content! It could be easier if you just used the footage as b roll and you can talk over it, that way you dont need to worry about the sound quality or having an extra camera man

@Precondo 9 ай бұрын

That’s a solid idea thanks

@laurelscheller1389 8 ай бұрын

Loved this

@mananmajmudar5598 8 ай бұрын

How much money we need to earn to buy this condo .

@traceyneeb9290 8 ай бұрын

Great video

@RadoDani 8 ай бұрын

I love this kind of content. This helps a lot to decide what is possible in the city.

@lennyl6856 9 ай бұрын

I’m more interested actually in the Vancouver area, but it’s always nice to see your opinion of what’s available in little Toronto. 😊 I appreciate and learn from your video content very much. Thank you for the continuing effort!

@neverendingweekend 5 ай бұрын

Good job. 👏 Whether you should keep making these,.. views will tell 😊

@jobber1984 8 ай бұрын

The toy factory unit is awesome

@adk4419 9 ай бұрын

Ground unit is perfect for empty nesters

@fretstain 9 ай бұрын

hmm, I guess it was interesting but I felt like it missed having a core editorial focus like your other videos. I could see this being nice if it supports a point you're trying to make though.

@samluke8121 Ай бұрын

Love old bricked warehouses 😍

@ladymephisto1647 5 ай бұрын

Please do more condo tours but slow down! Most women want to see inside the closets and bathrooms plus any unique or OOAK features inside the units themselves. Personally, I don’t care as much about the amenities in these vids because I can just check the websites.

@JaBlanche 9 ай бұрын

Tridel is top notch.

@cozytravels752 9 ай бұрын

Interested in seeing more of this! Strongly suggest a Rode GO or DJI Mic though.

@Precondo 9 ай бұрын

Thanks! Actually just ordered the GO mic today to clean up the audio next time

@michapowell 8 ай бұрын

Loved this type of video! Your knowledge of development paired with seeing the inside of a penthouse suite in a Tridel build like Aquabella was such a treat. It brings your expertise to life!

@Precondo 8 ай бұрын

Thank you 🙏🏼

@BertJi 9 ай бұрын

I mean it’s different than your usual, and I can see you trying to mix things up. However, the internet is filled with these types of videos and personally I feel like you differentiate better with your analysis content than merely following the format of others.

@jcsdesign 9 ай бұрын

Is that a crack on the windshield of your Macan GTS? You should do more videos like this. It's like going on a house hunt with an agent. You should put together 3-4 condos in the 500k-750k, 750k-1M, 1M-1.25M, 1.25M-1.5M etc...wirh no specific criteria to number of bedrooms and washrooms. I'd like to see if you can come up with unique buildings and layouts and not your typical "shoebox".

@Precondo 9 ай бұрын

great idea thanks! and yeah cracked it the other day

@stephen-he4iw 9 ай бұрын

Great video concept. Up the production quality and this series will take you a long way! If you're nicer to the videographer 😮

@retrobossfights649 8 ай бұрын

Dope channel

@Banksied 9 ай бұрын

More vids like this!

@911___________DIVOC 8 ай бұрын

Toy Factory "built in the 1900's" 😂

@user-ty5eu3gd5w 8 ай бұрын

Please more house tours

@MizMite2002 8 ай бұрын

i have an unit across from casa loma in a seniors building and rent for a 1br is under 1200.

@pashabarazandeh8840 9 ай бұрын

Raw and unedited, The Don being himself 😉

@mateofernando5066 8 ай бұрын

you can buy a pretty big mansion for 6.5M. Why live in a condominium?

@dzungtren4929 9 ай бұрын

Lol 500k for shoebox

@kylere6288 8 ай бұрын

I liked the video. Would certainly watch more like it. It’s a bit off-brand you featuring buildings that actually exist no?

@Precondo 8 ай бұрын

Thanks! off brand for the channel to date, but as a business about 40% of the deals we do are actually resale

@James-nv1wf 8 ай бұрын

If I had the $ straight up perhaps, but no way I would lock myself into these.

@rodgerminer3202 8 ай бұрын

Yeah I work for McDonald's where do I get 500k from never mind 6mill

@robertovonschoettler 8 ай бұрын

No 100.000$ tiny home? Or is Canada still thinking a house is luxury?

@YouKnowWh0ooo 9 ай бұрын

Keep up the great work!

@Precondo 9 ай бұрын

🙏🏼

@eric2005 7 ай бұрын

Jordon, Thank you for the video. Appreciate the content. You are very knowledgable. None the less it seems evident there is a massive correction coming to the luxury real estate market. The masses will prop up the entry level condos. There is a lot of off shore money that was historically looking for safe heaven investments and condos are turn key. That money has dried up. And there just isn’t the industry here to support this value prop. The 6.5mil condo is not worth much more than 3-3.25 mil. Even a multimillionaire would look at it and gag over the carrying costs. Why not take the FX hit and buy a ranch in Texas and put up a solar farm. Or a villa in Switzerland. These prices are not commiserate for the industry that exists in Toronto.

@jonas.hagenvald 8 ай бұрын

New to this channel, just popped up in my recommended. I really like this type of content! Reminds me a lot of Enes Yilmazer's videos, but for Toronto condos. Love it. I hope you make more, even though I can totally see it's probably a lot of work.

@nephilimshammer9567 8 ай бұрын

How we let this be legal is insane

@loki76 8 ай бұрын

"Great starter unit" for whom? You need to basically pay $100K down payment on the $500K condo. After that you still have a $400K mortgage which is likely $3,500 a month. Don't forget the condo fees. What are those for this unit? $500? So if you follow the "rule" of ~33% of your income going towards housing you need to be making close to $9-10K a month BEFORE taxes. So easily $150K a year. Average salary in Canada is what? $50-57K a year before taxes. It's a joke nowadays with housing costs. I get it it's inside TO so it will be expensive. But the size is a broom closet. I would never want to pay that much and earning $150K a year and live in such a small condo. Also the condo fess. But he drives a Porsche . So I guess this is only for the $200K plus crowd and up. No wonder the small sub count.

@buttlesschap 8 ай бұрын

It's a starter unit for young professionals or older folks downsizing. I'm 22 I started a plumbing apprenticeship out of hs at age 18. Got my red seal now making $40/hr. Lived at home, no car, no frivolous spending. Don't drink/smoke. Ate out like once a month. Only hobbies are gym and gaming. Saved like 80% of my take home - threw it in index funds every paycheck and now sitting in cash yielding 5% with money market. Single mom gifted me $100k for downpayment. I'm looking to buy next year and that "broom closet" is probably the kind of unit i'm looking at calling home. The size is fine for a couple without kids if you are a minimalist and don't have a lot of crap accumulated. There are lots of people in their 20s starting their careers but still living at home with jobs paying around $80k-$100k/yr and even more downpayment money gifted ($200k is honestly the norm). Plus they may even have a partner w/ a job they plan to marry and help with the contribution once they buy the place. In these cases where a couple gets married, their (immigrant) families are basically pooling $400k total for the 2nd generation newly weds. Do I wish prices were back at pre-covid levels? Ofc but it is just the market for young people to adjust to/compete in now.. Luckily months of inventory is at a historic high right now so it is a buyer's market for TO.

@James-nv1wf 8 ай бұрын

@@buttlesschap No offence, but I would never take a "gift" of 100k from anyone, let alone my own family.

@BCSimonYT 8 ай бұрын

100k isn't enough for the downpayment at these rates. You'll pay the interest into your 40s@@buttlesschap

@Hithere-dc2qx Ай бұрын

I am regretting not buying a condo in the gta, 5 or 6 years ago. Everything went up too much since then. That 500k condo was probably 300k before the pandemic.

@sheldrake1111 9 ай бұрын

What’s up with the audio?

@Precondo 9 ай бұрын

audio will be better next vid!

@osaimola 9 ай бұрын

"i lived in a smaller shoebox and i loved it"

@Precondo 9 ай бұрын

underrated tbh can cook breakfast from bed in 410 sq ft

@osaimola 9 ай бұрын

@@Precondo 😂 good one. Tbh the shoeboxes aren't necessarily the issue. It's what you pay to get them that is.

@BCSimonYT 8 ай бұрын

yeah but in this day in age, what are the condo fees for that 410sqft unit? That's where I see these as negative investments.@@Precondo

@dtuyyyy 9 ай бұрын

I LOVE THIS KIND OF VIDEO DADDY YASSSSSSSSSSSSSSSSS

@danyaraka 9 ай бұрын

keep up the great work Jordan keep trying these new idea as long as its still informative of the real estate and etc of Toronto. Love the vids keep pushing!

@jwlafferty6048 8 ай бұрын

Toronto: when you ordered New York on Wish but still overpaid.

@chrthewrestler2301 8 ай бұрын

500K condo? maybe 50 years ago already.

@pearlhabor7993 5 ай бұрын

❤❤❤❤

@hassanjalal822 4 ай бұрын

🎉❤

@HDFootballFootage 9 ай бұрын

Man I think you could’ve shown better condos for some of those price points

@ameerhamza4046 Ай бұрын

If I sell one of my kidneys I could arrange money for down payment…

@railfandepotproductions 8 ай бұрын

Why was i recommended this

@keytothegate68 8 ай бұрын

You would have a hard time selling me the 6.45M one for $550 gl.

@gabrielross7235 8 ай бұрын

at 6.4 iam gettin rid of winter ..and my ford 6.4 😂😂😂😂

@Precondo 8 ай бұрын

I hear you - in my experience most people with a $5M+ condo in toronto have multiple properties - typically one in a warmer climate

@arshiaalexander 6 ай бұрын

I like the $1M loft! The $6.5M loft is ugly 😒

@redeye1773 8 ай бұрын

concrete boxs are all worth about 8grand in cement the rest is karens evaluation

@mikeboone390 8 ай бұрын

Even if a had that money , absolutely a no sell for myself . None of that looked like a good place to live , plus none of them were even homes .

@loki76 8 ай бұрын

Nearly $1.9 million and that is all you get, ha ha.. What a joke. I would rather commute and buy a larger house for that money. That living area is so small. 3 bedrooms? So I guess for the kids. Where is the LIVING AREA? Are they supposed to be locked in their rooms? It's so bad. You get nothing for that money. I bet the condo fees alone are $1,000 or so. Even if you are rich and have it in cash. It's absolute crap for what you get. If you can't pay it outright, you will be saddled with many thousands of dollars in mortgage plus condo fees for such a small space. Canadian housing market is f'ed.

@BCSimonYT 8 ай бұрын

More so, as the building ages, those condo fees with subs (when the building is broke) are gonna be crippling. 2000-3000 monthly avg.