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    First time condo buyer: Yonge/Shep - Opinions requested

    Thanks everyone so much for the input on your personal experiences in the area. I look forward to being in the neighbourhood, will be seeing you guys around the forum at least! I've settled on either the ultima or broadway buildings, so now it's just biding my time playing the waiting game...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Haha that's hilarious, PM me her name I may work with her! As for beating the traffic and taking side-streets I'd love to hear her bike route! Can you find out from her if you don't mind? No biggie if you can't! Traffic is not a big deal for me, I'm up before the morning rush clogs the...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Yes I am also confident that the traffic will not be as bad as some have indicated, and thanks for that alternate route lead82 I'll give it a trial run but I work at the south east corner of Duf + steeles, nearer to "Hidden Trail" road. I'm on the road by 730 at the latest, so the earlier time...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Thanks Epi, UrbanVigor and Lead82 for your constructive comments. I'm happy to hear there is greenspace nearby, hopefully I can wind a path through sidestreets to get to some of the paths since no bike lanes as Lead82 mentioned. The Ultima towers are quite close to Yonge and NYCC, maybe this...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Thanks for the honest opinion Chucky. As far as a psychological decision, indeed I do believe that it's just easier for me to save by purchasing instead of renting, it's just the way I am. I mean, am I a savvy investor? No, and I need to work on that, but right now it feels like Real Estate...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Thanks for the thoughts, any word from your friend on how he/she likes the building? As far as preconstruction near yonge and Eg, the only one I'm aware of on Redpath is 83 Redpath - occupancy is slated for Feb 2010 and I haven't been able to find any availability in my price range - don't...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Looking at 25 year amotization, 20% down payment, approx 3.8% fixed rate, might look at variable of 2% but I am concerned it would surpass the 3.8% fixed in less than 2.5 years, which may nullify my choice... but who can estimate interest rates, right? All I know is that come June they are...
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    First time condo buyer: Yonge/Shep - Opinions requested

    Thanks for the reply CN Tower, and I could definitely continue to rent in the area and save money, no doubt. But I've made the decision to buy now and take advantage of the current mortgage rates. I'm not arguing that I could save money by renting, but the time has come for me to invest in a...
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    First time condo buyer: Yonge/Shep - Opinions requested

    I'm new to posting here but have been lurking for a bit - so Hello everyone! I've been renting near Mt. Pleasant and Eglinton for about a year now and love that area. My search to buy has begun, and I've resigned being able to afford a 550 sq foot 1 bedroom in my price range :( (Approx 270K...

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