Bohemian Construction Pause From what I am told and I am unable to verify the quality of this information, the trades companies who were paid every 120 days now must be paid every 60 then 45 days (lender's condition) which causes a pause in construction so they an renegotiate the contracts. I...

What is a real discount? AKS: builders may not "jack up" prices, they are simply left with 2007/2008 inventory at unrealistic price. The question of value: an item is only wroth what one is willing to pay for it. Builders know this and are a lot more flexible on prices now, realizing their...

Real Rental Rates *Note that rents are more a function of # of bedrooms/# of possible ppl living in the place rather then size, that is mainly b/c there are so many terrible layout designs out there (someone should force the architects to live in a bach or 1-bed for a whole year in the...

Theory or Reality? where is the industry going? Very interesting as I do believe the industry is changing, mainly b/c of access to information which is more and more readily & publicly available. In case of the example above, or any other, can anyone provide an actual address of deal done...

Why Buyer Agent? Why not? A Realtor's perspective. 1 - use BA as uninvolved third party who could negotiate for you without being emotionally involved as you will be. 2 - get them to find you insider deals. you'll never hear about them by yourself, you will be paying retail instead. 3 - get...

Rental vacancies and rates from the trenches: 1 - Rentals are still in very high demand - at least in the downtown core at the newer buildings. 2 - 1 / 1+den leases quickly (days) and 2-beds lease within a week or two. 3 - Most leases I work on show rents more or less the same as they were...

Value of Incentives Whatever the incentives may be, in most cases they are simply taken off the purchase price on final closing.

Investing in L Tower L Tower soon will be releasing some more units. This should give anyone who is interested in the building fresh opportunities to compare present and past prices and get a better understanding of where this project is going. Once again, there is no one single definition of...

Shangri-la March 18 2008

Market Conditions ... yes, but don't forget the total amount of properties available has also grown significantly therefore you could expect a higher number of listings (regardless of economic situation). Percentages may be more helpful in this case to better assess what's really going on...

Predicting Prices of Future Projects Sammy, My guess you're looking at anywhere from 350 to 500 PSF. Remember there is no free market (i.e. MLS) in existence until registration, so units (contracts) bought and sold now between original purchasers (Assignors) and buyers (Assignees) have a...

Corkctown Images Try: http://www.corktowndistrict.com thx.

Murano assignments seen them too and done much better then posted. nonetheless, once a bldg registers (may take a while since south tower far from completion - unless 2 condo corps) expect more listings, this time publicly available for comparison, price pressure down until inventory clears and...

Electric City Video Perhaps the first one we've made so a bit rough yet captured the site and model as presented in '08 http://www.youtube.com/watch?v=yqJ_fmVr-_g

2 Ossington Lofts They were closed for the winter and believe they are in plan/budget phase. btw I am not official part of the sales team, however, I did promote the project on my site and produced this video http://www.youtube.com/watch?v=z4JqfBBFyoo thx.

Want a Park @ 1 Bloor until excavation I take a couple of lunches a week at the area and with spring in the air it would be fantastic to have a place to sit and enjoy take-out sitting on a bench and some potted greenery - Euro style.

Shangri-la Crane Celebration Unadvertised little celebration of reaching this milestone will be held at the sales centre (200 University, 3rd floor) on March 29th, 12-4pm. Interested parties may come by the sales centre and snap a pic of the site from the South window on either dates (28/29)...

Calculating ROI Plugk, I'm not sure how big is the unit ans what is the configuration - bedrooms, bathrooms. For sake of argument lets assume 1+den at 700 sq. ft. - average downtown unit. Purchase price: 700 x 585 = 409,500 deposit 20% Financing 80% = 327600 Assume financing 80% at 4.5% x...

Defining Investments Plugk: what is your definition of investing? the discussion here mentions several options (buying at lower price, renting, appreciation, etc). From my experience not all ppl think of "investing" using same terms, so what would make great "investment" for one, may not be...

London On The Esplanade Tour You're welcome guys, feel free to send requests, I'll do my best.