Condo Prices by Subway Station in Toronto

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3 жыл бұрын

#CondoWong #TorontoSubway #SubwayCondos #TorontoRealEstate #CondoInvestments #VaughanMetropolitanCentre
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We always talk about investing along the subway line, but there are actually 75 subway stations in Toronto, so which one should you pick?
▼ Time Stamps
[00:28] The 3 requirements for our study
[02:27] Resale condo prices in North York & Midtown
[03:20] Resale condo prices in downtown Toronto
[06:57] Resale condo prices on the west side of the subway & the Vaughan Metropolitan Centre
[07:52] Summary of resale condo prices
[08:38] How to estimate the pre-construction price from the resale price?
[09:08] Why is pre-construction more expensive than resale?
[10:00] The #1 reason why you need to pick a reputable developer
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Пікірлер: 32

@indiawildfilms 3 жыл бұрын

very good advice thankyou

@ruthnkrumah3061 3 жыл бұрын

Awesome thank you for the insight.

@kennethso1181 2 жыл бұрын

What about the new Subway Lines?

@winchangkou 2 жыл бұрын

What about king west west of Spadina has no subway station and yet expensive

@miracle7208 3 жыл бұрын

Thank you for the good information

@Talkcondo 3 жыл бұрын

Great video!

@fp87 2 жыл бұрын

Please do a similar video for Line 2 as well including the planned extension to the line and prices around.

@alicias.133 3 жыл бұрын

Good information

@tomyan4634 3 жыл бұрын

As an investor, It would also be good to compare price per square foot. This would reveal more discrepancy in prices.

@lolakurbanova9055 3 жыл бұрын

Very useful video, please, more about when is the best time to put on sale new build condo, and can I sale in period between firm occupancy day and closing day? Thank you again.

@gmailgmail1010 2 жыл бұрын

Sad thing is that the builder can cancel buyers' purchase contracts anytime during that 4-5 building time if the real estate price go up crazily. During the depreciation ages, buyers, on the contrary, have no right to cancel their purchase contracts. Check how many presale purchase contracts in Toronto were cancelled during 2017-2020 price up years? You will be astonished! Buying presale from those companies, the buyers lost time, money, and opportunity to invest in a solid unit. Those builders cancelled your contract, change into a new name, sell the same condo at much higher price. Unlike secondary units, presale units are settled at no earning during this 4-5 years.

@2NDHANDSMOKEent 3 жыл бұрын

He is on 🔥

@gloriaa0214 3 жыл бұрын

How does menkes' project in Vaughan compare to cortel group's projects going up in the area price wise?

@RatedRGameGuy 3 жыл бұрын

Would have been nice to see all subway stations to see how the market in Toronto is right now.

@chrisyu1983 3 жыл бұрын

He’s controlling for comparability issues. Most investors buy new condos and new condos have a big price difference vs older condos.

@pujaberry5899 3 жыл бұрын

Lucky to have got a good deal at Yonge and Eglinton below $500,000 for 1+1 (680 Sq ft) recently.

@kellypham3801 3 жыл бұрын

wow, when did you buy it? resale or preconstructions? how?

@pujaberry5899 3 жыл бұрын

@@kellypham3801 It was a resale. The mantra is not to get carried away. I like to directly speak with Seller's realtors and try to understand the motivation of the seller. I avoid bidding wars. This is my 2nd purchase in 1 year. Same formula. I purchased it this month. My previous one was purchased in March 2020.

@kellypham3801 3 жыл бұрын

wow, yr really smart, ur doing well! already made 100k+ after buying. whats maint fee?

@pujaberry5899 3 жыл бұрын

@@kellypham3801 the current one has a maintenance fee of 550 and previous one is low rise so maintenance is 280

@kellypham3801 3 жыл бұрын

@@pujaberry5899 nice!! congrats!

@jamesbenjamin7973 3 жыл бұрын

VMC is a long term play..10 yrs at least...

@karlroth7082 2 жыл бұрын

We do not give a fuck about these commercials in videos. Please don't make us angry.

@terrygelinas4593 3 жыл бұрын

Vaughan is far and spread out. Bloor-Danforth Line has nice established neighbourhoods. Pre-construction condos have their ups and downs - beware.

@primeartifacts6467 2 жыл бұрын

Vaughan can never be Sheppard. Similarly Sheppard can never by downtown. The prices are reflective of the location.

@nhtathinfbntb2746 3 жыл бұрын

i was born too late...prices are insane for new grads to even think about unless you have help not insane actually....but they're getting there for 1 BR