What $500,000 Buys You in TORONTO!
10:29
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@jonathanchow-zk3jy
@jonathanchow-zk3jy 3 күн бұрын
lol wish i didnt get a precon back in 2018
@ieatpoza
@ieatpoza 4 күн бұрын
very unfortunate that you are getting morons in your comment section but thank you for your insight on the best midtown condo buildings
@Amritwalia12
@Amritwalia12 4 күн бұрын
Appreciate your comment and thank you for watching 😊
@pat4455
@pat4455 6 күн бұрын
Undeserved waste of resources, but hey downtown will benifit. Its amazing how quickly that happened, unlike Scarborough that waited 40 years
@jillthompson6110
@jillthompson6110 11 күн бұрын
500K to live in a shoebox. I already feel claustrophobic. What if you have a spouse, two kids, and a dog? $500K isn't going to cut it.
@tberg132
@tberg132 10 күн бұрын
Is it US$ or CAD?
@seymorefact4333
@seymorefact4333 11 күн бұрын
$500000 buys you interest, maintenance, taxes, hoa, assessments, etc....WILL COST YOUR RETIREMENT $2.5 MILLION
@misscappuccino5920
@misscappuccino5920 11 күн бұрын
Nice video
@Amritwalia12
@Amritwalia12 11 күн бұрын
@@misscappuccino5920 much appreciated!
@raman345
@raman345 12 күн бұрын
Informative video!
@Amritwalia12
@Amritwalia12 12 күн бұрын
Thank you for watching!
@himanshutanwar8339
@himanshutanwar8339 13 күн бұрын
Great content!
@Amritwalia12
@Amritwalia12 13 күн бұрын
@@himanshutanwar8339 Thank you!
@karanarora7877
@karanarora7877 15 күн бұрын
Great analysis!
@Amritwalia12
@Amritwalia12 14 күн бұрын
Much appreciated!
@Scarlett.R
@Scarlett.R 18 күн бұрын
I hate kitchens with corners.. poor accessibility. I prefer a straight galley style kitchen with pull out draws. Featuring a large island.
@Amritwalia12
@Amritwalia12 17 күн бұрын
@@Scarlett.R thanks for sharing and appreciate the comment!
@viewfromthehighchair9391
@viewfromthehighchair9391 19 күн бұрын
I just rewatched some of the video (because KZfaq likes to bring back the classics - 🤨) and I decided to retract your "thumbs up" because you didn't mention the Argos at BMO when you talked about "all the events" at the Exhibition stop. Sorry but, if you forget the Argos, I forget to be nice to you. LOL
@mikedarling905
@mikedarling905 23 күн бұрын
i will probably die from old age by the time they finish it.
@Carolinapetroska
@Carolinapetroska 23 күн бұрын
The quality of life iin Toronto has become so bad that people are trying to escape. Do are so away money in a dump ??? Not worth it. Drug addicts, mentally sick people. Toronto is disgusting now. Trash.
@Carolinapetroska
@Carolinapetroska 23 күн бұрын
No the real estate market is DEAD. It's over.
@ribasenric
@ribasenric 29 күн бұрын
Curious why Ford would want to sell Ontario Science Centre to developer friends now that the land will be on a subway line and worth a ton more. :)
@zevc3591
@zevc3591 Ай бұрын
Can TORONTO CONDOS Be saved? - What for? Insanity usually stopped either in a medical institution or, in this case in a bank.🙄
@ZyshanIbrahim
@ZyshanIbrahim Ай бұрын
loved your content really helpful btw are you looking for video editor?
@looldrole
@looldrole Ай бұрын
Solid video, thanks
@Amritwalia12
@Amritwalia12 Ай бұрын
Much appreciated!
@looldrole
@looldrole Ай бұрын
Hey, Great analysis, thanks. Can i have the source of the data?
@Amritwalia12
@Amritwalia12 Ай бұрын
Its from Toronto Regional Real Estate Board, here's the website link : trreb.ca/wp-content/files/market-stats/market-watch/mw2406.pdf Thank you for watching!
@bayniqab6563
@bayniqab6563 Ай бұрын
Amrit, good analysis.
@Amritwalia12
@Amritwalia12 Ай бұрын
Much appreciated, thanks for watching!
@TalzBlaze
@TalzBlaze Ай бұрын
So a doghouse sized Condo Won't sell. Hmmm I don't know why.
@Jupiter753BCE
@Jupiter753BCE Ай бұрын
Toronto is full of assholes
@pablosubak8567
@pablosubak8567 Ай бұрын
So you need 50% down to match rent the market is not going to recover unless we go back to 2% rate.
@canadahodl5941
@canadahodl5941 Ай бұрын
what happens when theirs 5 years of inventory and prices havent changed? is that a super buying opportunity?
@gmarks1559
@gmarks1559 Ай бұрын
The muppet boiler room condo flipping market is dead 😂
@Amritwalia12
@Amritwalia12 Ай бұрын
It is :/
@SmokeStack-yk3kz
@SmokeStack-yk3kz Ай бұрын
So Kendrick Beat Drake so bad the house prices in Toronto started falling🤪
@Amritwalia12
@Amritwalia12 Ай бұрын
lol
@andreiter
@andreiter Ай бұрын
a subway line that ends at the Science Centre? The same place that is now moving to the lake??
@richardcalisi9188
@richardcalisi9188 2 ай бұрын
No thanks....Id rather buy in Panama. Not in garbage Woke Toronto.
@g.m3399
@g.m3399 2 ай бұрын
Lol high rises are the worst buildings maintained fees are higher low rise buildings are the best maintenance fees are cheaper I don’t think you really know buildings . Lol
@Amritwalia12
@Amritwalia12 2 ай бұрын
This video specifically focuses on the Yonge & Eglinton area and there not many low rises condo buildings there (except 60 Berwick ). I would be happy to know if you discover any good low rise condo buildings there at Yonge & Eg. Thanks for watching!
@Precondo
@Precondo 2 ай бұрын
another hitter on the tube welcome
@Amritwalia12
@Amritwalia12 2 ай бұрын
Thanks a lot!
@dixonpinfold2582
@dixonpinfold2582 2 ай бұрын
2:35 Decently spacious kitchen/dining area. Where's the rest of this $600k apartment hiding? 😄 Oh, wait...😮
@SteveKarrasch
@SteveKarrasch 2 ай бұрын
Yikes!
@Amritwalia12
@Amritwalia12 2 ай бұрын
Thanks for watching!
@TomStorey
@TomStorey 2 ай бұрын
That first floorplan is BRUTAL
@Amritwalia12
@Amritwalia12 2 ай бұрын
Oh yes it is :/
@walterkeating6262
@walterkeating6262 3 ай бұрын
Choo choo! This thing will rocket at literally tens of kilometers per hour! Hurray, we are so great! Eight years of construction for fifteen kilometer spur off an existing subway! Aren't we just the best, a real world class city?! Meanwhile in China, they have twenty thousand miles of high speed rail, all of it constructed since the year 2000. Of course, they didn't spend the last twenty years invading Iraq, Afghanistan, haven't brought peace and democracy to other countries in the form of military occupation and humanitarian bombing. This pathetic excuse for a transit system is the very best the ruling class of this city is prepared to allow. The best. If this "modern" piece of crap gets built by 2050, it'll be miraculous.
@arshadalikhan8263
@arshadalikhan8263 3 ай бұрын
Good Work bro! Numbers really help understand the situation!
@Amritwalia12
@Amritwalia12 3 ай бұрын
Thank you for watching!
@Sophie-go3ql
@Sophie-go3ql 3 ай бұрын
Interesting to see what happened, by reviewing the data. A completely cloudy crystal ball, when trying to figure out what will happen.
@Amritwalia12
@Amritwalia12 3 ай бұрын
Thank you for watching!
@Carolinapetroska
@Carolinapetroska 3 ай бұрын
I sold everything and moved to a much nicer country. Canada is dead and uninteresting.
@user-yb6zp3om4k
@user-yb6zp3om4k 3 ай бұрын
you d0mbies keep raising rents cuz some financial blog told you to and your gonna see a revolution and then what will your rental income be worth?
@audittheauditors
@audittheauditors 3 ай бұрын
Only for condos 👎
@harpreetsandhu9038
@harpreetsandhu9038 3 ай бұрын
Canada population is rising. less people buying house including investors. So rents will go UP
@yr1520
@yr1520 3 ай бұрын
If salaries stay fixed, it's basic math that rent can't go up forever.
@danielkosciuszko9788
@danielkosciuszko9788 3 ай бұрын
And building permits are hard to get now
@meowboy_455
@meowboy_455 3 ай бұрын
Not if people don't rent
@SanghPath
@SanghPath 3 ай бұрын
Is this happening all over canada?
@JCB671
@JCB671 3 ай бұрын
Not Alberta, because everyone is moving there
@pammiwalia7593
@pammiwalia7593 3 ай бұрын
Well explained
@camwoolfrey-realestateadvi5968
@camwoolfrey-realestateadvi5968 3 ай бұрын
Great breakdown
@Amritwalia12
@Amritwalia12 3 ай бұрын
Thank you!
@MKD04
@MKD04 4 ай бұрын
What if I get 30 y amortization but I pay the payment equal to the 25 y amortization ? Will I pay the mortgage in 25 y ? The answer is yes, so 30 y is great option that gives you lower payment at the beginning which can be increased and you can pay of your mortage sooner.
@Randomuser11231
@Randomuser11231 4 ай бұрын
However, banks are not stupid, they want stable cashflow to pay off their debt which refers to the distribution/interests of the invesemtns/savings people buy from them. So, there is a prepayment penalty or every speculator can take advantage of that.
@sukhpalpadda745
@sukhpalpadda745 4 ай бұрын
Great video, do you think the government will increase amortization for convention mortgages too?
@Amritwalia12
@Amritwalia12 4 ай бұрын
I doubt and I don’t think they should. Thanks for watching!
@KhetiDaGyan
@KhetiDaGyan 4 ай бұрын
Great content!
@michaeljamesstewart1000
@michaeljamesstewart1000 4 ай бұрын
What about the remainder of the line......up to the Science Centre? Chimo
@TomStorey
@TomStorey 4 ай бұрын
Solid list. I really like 23 Brant.
@Amritwalia12
@Amritwalia12 4 ай бұрын
Thank you!
@stephen9609
@stephen9609 5 ай бұрын
Why did you abruptly end the analysis - what about the other stations?
@laurisa0318
@laurisa0318 5 ай бұрын
Planes will be flying right next to those buildings they’re when landing at Billy Bishop Airport.