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I am only relaying what some people have expressed to me. I am saying that sometimes it is hard to track whether or not there are a certain amount of offers on a property. An example would be if there is 3 registered offers on a property, and only one offer comes in on paper. Lets say that one...

I regularly get flyers from other Agents with properties that have sold over asking instilling the fear that you mention. I agree to a certain extent that these are scare tactics telling people that prices are skyrocketing. The reason why most properties sell over asking is because Agents...

There is nothing indicating that it will be with TREB, I checked. They were posting listings on the MLS using Best Value situated in Ottawa, and nothing indicates anything changing other than the name of the Brokerage. Comfree has always been affiliated with a brokerage in Ontario.

Or the media scaring them with all this bubble talk.

St. Lawrence market eastward to corktown. I like the potential ROI in this spot.

Article about the softening market. http://www.moneyville.ca/article/1123560--canadian-housing-is-pricey-but-far-from-a-bubble-bmo?bn=1

I had a client that just purchased a unit there. I think the area is up and coming, and is a few minutes from the beach. I like the project because of its close proximity to Victoria Park and Main Subway stations. Plus there are a few condo projects being built on the Danforth as well. Here is a...

I was at the same event. I know some people who were going to promote the sales launch. It was less about the project and more about how much money you will make. I am so tired of the traditional salesman.

Cityplaceguy, please provide some value with facts, reasoning, research instead of key words we are trained to tell people in the industry. Please elaborate why you think so. Are your investors cash buyers? Would you think the same if the buyer is an end user?

For interested sakes I hope not. I have better expectations for Shangri-La. I was speaking to my father about this. He installs gas fireplaces for most Condos, and he told me that the workmanship in Ritz was one of the worst he has ever seen. He also told me that so many things were missed, and...

Another great read about softening market......sorry no bubble stated. http://www.theglobeandmail.com/report-on-business/top-business-stories/canadian-home-prices-dip-for-first-time-since-fall-2010/article2314582/

I think one thing that hasn't been mentioned is time to maintain a house. On the weekends or evenings the last thing I want to do is yard maintenance, or maintenance in general. I think that is also another appeal for a condo (well for me). I would rather pay the maintenance fees knowing that I...

In the 90's the interests rates were well above 10%. The six month drop coincided with the exact same increase by years end.

Interesting article from everyone's favourite developer about vacany rates in Toronto. http://blog.buzzbuzzhome.com/2012/01/can-it-be-true-brad-lamb-says-condominium-vacancy-rates-below-1-per-cent-in-central-toronto.html

But Realtors should be disclosing all fees that come with homeownership. They should be more accountable on this matter. Many people don't realize the additional fees, and never put aside that money.

Cdr, Bank of Montreal is currently advertising 2.99% 5 fixed year rate. www.ratehub.ca is a great site to search the latest mortgage rates from all banks, and private lenders.

Property taxes will be assessed this year for the 2013-2016 period.

Casa Condos is a real good example. Firenze model at 495sqft sells from anywhere between $325000-$345000. Rent on average for this unit is $1550-$1600. Property taxes are $1690/yr assessed in 2011, and maintenance fees are $255 a month. Your right my property tax equation was off. It should be...

Rent increases for 2012 are at 3.1%, and the average 550 sqft condo rents for 1550-1600. Property taxes roughly are 1500 a year, and maintenance fees are around 52 cents a square foot.

If you are not making that much profit than why don't you rent it out, and wait for the property to appreciate over time. May I ask where is your unit located?