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IMO, 35yrs/5%, 40/0 mortgages did not make home ownership more affordable, it just drove up the prices even more.

this home was featured recently on the HGTV show about green homes

Although Bravo hasn't released their prices yet the newsletter I got from them has units starting in the 300's. Pemberton is usually pretty good on their pricing too. I was in the Gibson sales office a few weeks ago and although there was a lot of people, there was no one buying.

To be perfectly honest, renting has crossed my mind. I am in the boat of believers that a correction is due. I don't think a collapse is going to happen, but a mild correction is what I think will happen. At the very least when Interest rates go up, HST kicks in and more inventory come online...

As finding a house under $400K in an area we'd be comfortable is a bit difficult. or are you suggesting we rent?

2004 also didn't have 35 year mortgages making it easy to borrow a lot of money.

government was smart enough to recognize that 40year mortgages with 0% down was probably not a good idea but I don't think having record low interest rates makes it any better.

I'm in a similar situation. My fiance and I have a combined income of $120K. We have savings of roughly $100K. We have a max budget of $350K but to be realistic I would rather keep it much lower between $300-330K. Finding a "decent" condo in the $330K range has been difficult. The only ones...

how much extra can an agent flip a condo for within those 10days? Do they just put a clause in the purchasing agreement saying they are allowed to change the name of the buyer?

there was a unit listed at $250K to encourage traffic, it then got relisted at $400K about 10days later. Guess the bidding war didn't get as high as the buyer had hoped.

Can confirm the following. Nothing planned at YDS. No Omni, No nothing. It was originally proposed by the planning team but Rogers said no due to budgets. All bands are confirmed only ones I recognized were Kardinal Offishal and Faber Drive (I think). Mirvish Productions has been in...

The early talk I've heard is Blue Rodeo was going to be the headliner for the show. They are currently promoting their new CD. That being said I'm a bit doubtful on that as in the past it's been very difficult to attract a big name to do the show.

MetroMan, I'm not arguing with you, I'm just simply sharing dates of which I've been reading from internal e-mails. I agree that if the sign is ready it's in their best interests to put it up early. If CITY TV is doing even minor portions from YDS it would be reflected in the rundown as...

Remember it's Adam Vaughan's riding so if a condo is proposed he'll probably put up a big stink. Also remember there's government housing about a 30 second walk north of that intersection.

E-mail I got last week from the boss of CITY TV says sign/ticker is scheduled for January. I'm booked to work the New years show and have yet to hear anything about a portion being done at YDS. Then again I haven't asked. I can most likely confirm details of the NYE party sometime this week.

As mentioned that pricing is insane. Most of the buildings in the area are going for $400-450 (parking included) which is more in line of values. You can get a 1 bedroom + den for about $285K around finch right now. Direct access to the subway can't possibly push values up THAT much.

Those prices are crazy high for North York. Even their parking is asking a bit much.

They did it with Reve also. After opening weekend each unit went up by about $12K I think the towns are a bit pricey now that they have been upped to $400K. You can get a freehold bungalow around Kennedy/Sheppard for the same price. The prices are still decent for Solaris/Ventus.

I can confirm NYE show is staying at Nathan Philips Square. No chance it would move as they are worried CTV would jump in. Also management has informed staff that the City TV sign that is supposed to go on the torch? Will be installed in the spring which will be followed by the ticker...

prices up $10K since opening. No thread in RE section yet, so thought I'd mention it here.