News   Jan 15, 2025
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News   Jan 15, 2025
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    $5 million condo hunt.

    Well, First off we know we have Ace..
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    $5 million condo hunt.

    5 million dollar transactions are rare for both condos and houses. I would suspect closings on $5 mil houses are a just a few a year as well. But the market, as small, specialized and ridiculous as it is, exists. $10 mil, that a different beast altogether..
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    $5 million condo hunt.

    First off, I'm not an agent. Second off, do your research.. Yorkville Condos over $5,000,000
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    $5 million condo hunt.

    I'd agree with this, although I'm really not the type to live in this area.. (With that kind of money, I'd probably by a 'modest' home in the beaches.) Buying a big fish in a small pond unit is a tough investment, partly because you are paying magnitudes more on your fees than the rest of the...
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    Toronto East Lofts Condos | ?m | 12s | Harhay | a—A

    Sidewalk and paving stones on Princess is pretty much complete... Trees on Princess are also planted..
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    Restaurants/Coffee Shops - St. Lawrence/King East

    Prince of Ales (Adelaide St E) is no more, it's called something else now. Rockstar something.. Origin (south east corner of King and Church) continues construction. Looks like that surface parking lot is gonna be a patio...
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    Forum Changes Coming (Opinions Requested)

    my 2 cents 1. Have the ability to post photos directly to urban toronto (rather than offsite hosting) 2. a 'photo scrapbook' functionality that will pull all the photos from a construction thread, and either display all the photos or links of the photos on one page, in the chronology they...
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    Toronto East Lofts Condos | ?m | 12s | Harhay | a—A

    Pouring the new King Street sidewalk now..
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    Toronto East Lofts Condos | ?m | 12s | Harhay | a—A

    They were ripping up the old side walk in front of EastLofts on King Street East in the morning today.. During the tour they said the ground floor glass would go up as soon as the hoarding came down..
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    Toronto The King Edward Private Residences | ?m | ?s | Skyline | ERA Architects

    Further verification... Skyline Investments website.. http://www.skylineinvestments.com/index.php?page=dev.html
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    Toronto East Lofts Condos | ?m | 12s | Harhay | a—A

    Tour Impressions -it was great that they let us wander the building unsupervised. -looks like the residential address will be a Princess address, rather than King St E -the 7th floor east terraces are very nice, very large. the 3rd floor 'court yard' terraces were quite nice as well, although...
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    The best investment? Paying off your mortgage (G&M)

    Smith Manoeuvre vs RRSP Mortgage The Smith Manoeuvre is a different a set up (ie. making your mortgage tax deductible) but same in the sense that you are using your savings to 'invest' in your property. Correct me if I'm wrong, but from what I've read about the Smith Manoeuvre in the past...
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    The best investment? Paying off your mortgage (G&M)

    The interest rate you decided to pay yourself varies. It would not be out of the realm to pay yourself 5+% for a 5 year term. The mortgage allows you to 'overpay' into your RRSP. I.E, the interest payment does not count against your RRSP contributions. Also, once the period payment is made...
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    The best investment? Paying off your mortgage (G&M)

    RRSP Mortgage I have my entire mortgage in my RRSP (ie my RRSP backs my mortgage, interest paid to myself, principle goes from one pocket to another), due to the timing of it, was the best investment I ever made.
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    Purchasing a locker

    The transfer would require the work of a lawyer (at least that is what I have been told, since the locker needs to be deeded to you, which would change your maintenance fees, etc), which, would increase the costs of your purchase quite a bit for a locker.
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    Toronto East Lofts Condos | ?m | 12s | Harhay | a—A

    Black Aluminimum paneling up.. The black aluminimum paneling on the large bare west side of the building facing Sherbourne was started a few days back.. Although I do like how the building is coming along, a few things I think would have made the building even better: 1. Instead of black...
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    Toronto East Lofts Condos | ?m | 12s | Harhay | a—A

    They are working on taking the crane down now, the big machine is there. The entire intersection is blocked off (sherbourne/king, front/sherbourne). At first I thought it was because of the taking down of the crane, but actually its because its still an active crime scene, someone was shot...
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    Living Downtown

    Hmm, I found the opposite to be true.. If you need to get to Yonge from the west end going East of Yonge it is far worse than the above..
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    Toronto non-mall retail (Odds & Ends)

    Brooks Brothers RBC Plaza opening Aug 26.. Construction is all completed and the store is stocked, window display cases now unconvered..
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    Toronto King + Condos | 53.03m | 17s | King Plus | TACT Architecture

    I guess 'Bohemian' can quite easily be confused with 'Bauhaus', but that's a different project on Queen West...

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