Toronto Condos are getting smaller. Here's a look at some of the worst/best and smallest studio condos in Toronto Explore 3D Toronto: precondo.ca/3d We will live in pods & eat our bugs
It is strange and incomprehensible but Toronto Condos are becoming like Hong Kong.
@yungangel9241
4 күн бұрын
for a person come from Hong Kong, I am really sad to see this happens in Canada
@tewekdenahom485
3 күн бұрын
Don't worry we will move out of this city before buying these @@yungangel9241
@thespacesbetweenstudio3346
Күн бұрын
at least you get Hong Kong there, not dumpy Toronto
@JK-qn9qr
21 сағат бұрын
@@thespacesbetweenstudio3346 hong kong is...pretty dumpy.
@stephen-he4iw
20 күн бұрын
I hate government over regulation but there's something to be said with the idea of forcing builders to live in the smallest unit of every project for the first year after closing. I think if they actually had to live in it the units would be bigger.
@Precondo
20 күн бұрын
I would pay good money for this reality show
@ENTHUSIASTICFIFAFAN
6 күн бұрын
Love the idea.
@Slickpete83
20 күн бұрын
*these are like the size of hotel rooms, you might as well add two double beds and put it on AirBnB* lol..
@jcsdesign
20 күн бұрын
In some cases, these are actually smaller than a hotel room. It's disgusting.
@Cameron_David_
20 күн бұрын
Compare a way out suburb of New York to a way out suburb of Toronto and you will see how unaffordable Canada is.
@Precondo
20 күн бұрын
I agree w this
@wesbrown738
19 күн бұрын
Salaries are better in NY NYC, and it is a more international city. Born and raised Torontonian here but we are not NYC nothing in Canada compares sorry . Toronto is more unaffordable when you consider salaries and currencies
@deliocomtube
4 күн бұрын
Also realistically I think Chicago is more similar to Toronto for comparison rather than NYC..
@tewekdenahom485
3 күн бұрын
@@deliocomtubeChicago is more affordable than new York but I see your point
@Michael_Livingstone
18 күн бұрын
275 sq foot condo? My bedroom is bigger than that! LOL!
@andrewmccoll1582
14 күн бұрын
Lucky you
@theloniuspoon
20 күн бұрын
yeah we're not NYC level but nyc has way higher wages there's finance bros there doing like 1m salary they can borderline justify a place like that
@vhateverlie
20 күн бұрын
Yeah $200k is a lot for those shoeboxes but i could reasonably see that as a new working professional option. At $600k+ I'm not entirely sure what kind of jobs you have out their to be able to ever afford that let alone a future of having a family.
@lolmagus3974
20 күн бұрын
great video! some feedback on the 3D map: - a legend would be nice to explain building colours - some overlays: - transit (with GTFS data) - zoning - density heat map (population? ) - more landmarks like school campuses
@DokisKalin1
20 күн бұрын
The first unit is 12×12 room so to have a bed you'd need to remove not only the coffee table but the TV and the table behind it to still have room for the kitchen and walking space. It's actually completely unworkable. We are creating the slums of the future.
@davidrockefeller2007
20 күн бұрын
I’ve been wondering why there aren’t small condos for sale because. I thought it could solve housing for some but these condos are crazy prices. $350k is what I would expect but $500k is sad news. Amazing video, and I really like this presenter.
@OnTheWay978
20 күн бұрын
We got rate cut finally, now can have milk as breakfast, not just water
@CoconutPatel
20 күн бұрын
🙌🏼🤣
@Precondo
20 күн бұрын
thank u tiff
@ryancraig2795
20 күн бұрын
The only reason anyone would be willing to buy most of these places at these prices is, as someone else said, either as an Airbnb rental and/or speculation. Most of them can't even pull in enough money as a rental to cover the mortgage, property tax and condo fees, a sure sign that something is out of whack.
@Espacemtl
5 күн бұрын
Art Gallery? - the marketing co should be given a medal
@TDRE88
20 күн бұрын
People are crazy there should be rules for how small a unit can be this is purely greed
@nafizhasan4349
17 күн бұрын
less that 300 sq ft is not livable
@johnk2657
5 күн бұрын
terrible returns on these if bought 10-12 years ago. 6% barely with huge transaction costs, maintenance fees, property taxes, not sure what the point of buying these is.
@Slimecrazy234
20 күн бұрын
Square footage figures include the walls so the unit at 9:55 is significantly smaller than the square footage implies with those thick walls eating into it.
@CorporateShill66
20 күн бұрын
Yep, if they measured living space, every condo would be 25% smaller
@Slimecrazy234
20 күн бұрын
@@CorporateShill66 So many scams in this industry. These developers need a wake up call.
@clemlowes9417
20 күн бұрын
I would move out of the Country for a spacious and luxurious condo at $800,000 CAD rather than move into a shoeboxe in Toronto. I'm looking at you Dubai. Already doing my homework.
@agoogleuser402
19 күн бұрын
I think they should legislate minimum sizes for condos. I don't think any unit should be smaller than 650 sq ft. Developers are still making a profit if they make the units bigger. They also need more family sized units of 3+ bedrooms.
@winchangkou
20 күн бұрын
Would there be any value for these studio apt in future. Btw excellant video
@om30479
17 күн бұрын
Some feedback on the 3D tool. Can you expand it to urban centres in the GTA where 4-5 condo projects are happening each year?
@user-ub1gz8lx8c
Күн бұрын
The amount of condos I've seen where a bedroom doesn't even have a window is outrageous. People are literally living worse than prisoners in Toronto and paying out the ass to do it.
@flanflanjp_
4 сағат бұрын
This isn't Hong Kong, Tokyo, or London. We don't even have fantastic restaurants or serviceable transit systems here. It'll take you an hour to get where you want to go. Most the city is run down or cosmopolitan. Immigration/housing demand is insane!
@VancityAnu
20 күн бұрын
when are you doing the vancouver? I did check out Toronto & its impressive!
@Precondo
20 күн бұрын
not planning Vancouver unfortunately, the data we need isn't provided
@adibsapida
20 күн бұрын
How are people getting mortgages for smaller units? TD Bank told me that anything under 430sqf is not a good investment for them and requires a significant downpayment.
@arguin
15 күн бұрын
laundered chinese money
@andre97621
20 күн бұрын
Heatd anything about Mobilio condos by Menkes in Vaughah?
@DiggyT
20 күн бұрын
Back in the day boomers would have laughed and offered a 100K. Now people are scrambling for prison cells.
@25jai123
20 күн бұрын
Loved the rants during this video haha. Some of these 1700PSF studios seem expensive right now given the market. But with the gap in new construction starts vs population growth, I wonder if they will end up being good investments (like your example) in 2028/29
@CorporateShill66
20 күн бұрын
4 years is not a long enough timeframe. You'll be lucky if they are worth what you paid for these precons
@multipass888
9 күн бұрын
If Toronto was a beautiful, clean, safe, luxurious city, like some cities in Europe, then the small condos wouldn't be so bad. There would be beautiful parks, architecture, scenery, shops, etc. to spend a lot of time outside the condo. Unfortunately, Toronto has turned into such a dump, a dangerous one, that I think most people prefer to spend time in their own home instead. Perhaps I'm wrong, but this is definitely how I feel living downtown. Also, the layouts are ridiculous!!! Small spaces aren't that bad IF they are designed ergonomically.
@guyfantastico8268
20 күн бұрын
how will king toronto look in the winter when nothing is green?
@jacobgoerz1953
20 күн бұрын
As for the map, an FPV view from the units window or balcony.
@Blakpepa
7 күн бұрын
I'll never forget when these shoe box condos were "all the rage". They built these shoeboxes targeting wealthy international students and asians looking for a Toronto address. All the lenders pulled out and won't mortgages these undignified shoeboxes anymore
@mj.ca818
8 күн бұрын
Very creative video poster, it tells you all. Love it 👊🏻
@MrBojo-jv4qq
20 күн бұрын
The same is with vehicles with the exception of pickup trucks. Even though they look big on the outside, inside the leg room is almost the same. I was looking to buy an suv and checked out 5 different brands hybrids, all small inside.
@peterbanh1364
3 күн бұрын
Super small but still liveable for single people but the price is way too high for what it is. If the cost is in the range of $700-$1000/sqf including a parking spot then it is worth it.
@jamesbrock1883
20 күн бұрын
Would be neat to add the TTC tram and subway routes so you can see how far the buildings are from substantial transit infrastructure
@Precondo
20 күн бұрын
love this idea
@bethodonoghue4774
20 күн бұрын
For the model a compass and labeling of main streets would help people
@kathrynlegear2865
7 күн бұрын
We are not even in the top 10 cities world wide - New York is number 1 - I’m surprised we are even this close in price !
@TheFinancialDrop
20 күн бұрын
For people whom have a bit of money and don't want to spend $$ on a full proper size condo can use these units for a weekend place to stay/ f*** pad. Other than that these are just an Air B&B investment condo. No one would make this their permanent res
@44magdeagle
3 күн бұрын
Cheaper to just get a hotel 😂
@TDRE88
20 күн бұрын
Would it be a lot of work to add the streets to the 3d view?
@Precondo
20 күн бұрын
no we can definitely do that
@johnsutherland7561
20 күн бұрын
I think I'd rather live by square 1 than down town personally
@jeffburke170
Күн бұрын
LOFL: shoebox index! Priceless
@ragingfred
19 күн бұрын
Just recently I bought a 900 sqft house, detached with a yard and basement, for less than these and it wasn't even in bumf**k nowhere. Moral of the story is leave Toronto 😂
@Nathan-L
20 күн бұрын
LOL love the thumbnail 😂🙌
@vhateverlie
20 күн бұрын
Wait so my county doesn't let me build small building to live in with water and sewer because it doesn't meet code. But you're telling me our capital city is crapping out this monstrosities? At least prison provides you food...
@CorporateShill66
20 күн бұрын
400 sqft is luxury now
@K81Patel
20 күн бұрын
Im calling HR on both you and @TomStorey, immediately!
@K81Patel
20 күн бұрын
Beautiful website 🤩
@zeshaanali8157
20 күн бұрын
I grew up here all my life, my friends make 150k a year and you think we're going to waste money on a condo? Nahhh only the sheep will buy it
@trevors1410
20 күн бұрын
If you ever had a gold fish you will know that over feeding kills the fish you want to keep them hungry so they live longer plus they will only get as big as the tank
@Precondo
19 күн бұрын
are we the gold fish?
@johnnyboyvan
20 күн бұрын
Love it! I live in 800 Sq ft and don't use the dining area. Such a waste of space.
@boi0330
17 күн бұрын
The audacity…
@jameslascelle9453
18 күн бұрын
Small unit build to rent skyscrapers will be the future of Toronto and most cities in Canada.
@kathrynlegear2865
7 күн бұрын
89 Avenue Rd - is a senior apt !
@kathrynlegear2865
7 күн бұрын
Why don’t you do a video on why we have this - micro apartment problem - how did this happen ?
@4spooky8u
3 күн бұрын
Investors are the ones buying these. They don't care about the layout because they aren't living in it. They just want the best deal.
@Rey-is1eq
20 күн бұрын
200k$ invested in s&p500 since 2011 would be 1mil$ today tho... "worked out pretty well" is relative.
@Precondo
20 күн бұрын
yeah but most who bought the $200K studio would have put 40K down, not 200, + positive cash flow
@ilikeshroomgals
20 күн бұрын
These are just going to drive more people out of the 416.
@trevorgwelch7412
20 күн бұрын
It's better to live in a tent in a park 😊
@rajeevdsamuel
20 күн бұрын
haha wait till they get to the size of a dorm room
@helifynoe9930
8 күн бұрын
These days, being disabled does have its bright side. Okay, so I live in a 550+ square foot apartment on the second floor in east Scarborough, and it has a nicely carpeted living room, hallway, and bedroom. Non-carpeted rooms, are the bathroom, kitchen, and furnace room. So, 1 months rent, times 12 months, times 20 years, adds up to a total rent cost of $33,600. Yep a fixed $140 per month rent for 20 years. However, once I hit 65, the disability support income stopped and so the rent went up to just under $700 due to me now having a CPP OAS/GIS income. Anyhow, $33,600 to cover 20 years rent, ain't all that bad. YeeHaaa
@CommoditySC
2 күн бұрын
So you're happy about other Canadians paying for you to live lol? Probably wouldn't want to live if i was just a useless leech tbh. Zero chance Id make it 2 years let alone 20.
@rdefacendis
19 күн бұрын
some feedback on the 3D map: 1/ swivel tool is clunky... I couldn't figure it out... consider implementing swivel similar to Apple or Google Maps to spin your map around so we can look for example southward or eastward... 2/ Consider a layer that you can turn on and off that labels landmarks - you can start small e.g ROM, ScotiaBank Area, Jack Layton Ferry Terminal, Rogers Centre etc... for downtowners who know the city well... they should be able to turn it off.. for those who don't know the city ... a very useful tool to assess location of a condo development. 3/ The one building I was interested in - blue colored- ... has a dead link...no info. Its the building on the north side of Front across the street from the upcoming Union Park development...
@Precondo
19 күн бұрын
Thank you 🙏🏼
@foghornleghorn5140
20 күн бұрын
A decently laid out tiny condo really Isn’t that bad for a single person who wants to live simple. What’s ridiculous is the outrageous price and crappy workmanship.
@eric2005
20 күн бұрын
Hahahah Get me in touch so I can hire them!
@MangoFlamingo
20 күн бұрын
299sqft is the new luxury
@heoTheo
2 күн бұрын
575 :O unbelievable haha
@mikedarling905
2 күн бұрын
boxes little boxes. lol
@TechSuportScamer
20 күн бұрын
"You will own nothing and be happy"
@moneekdilawari4508
9 күн бұрын
Norwegian prisons are better than these, and cost just one flight and a fight.
@ragingchimera8021
4 күн бұрын
No one actually wants to live in one of these things. Toronto is a skyline full of little boxes of misery.
@mmakeyboardwarrior4646
20 күн бұрын
Imagine working all those hours saving up for a prison cell
@Precondo
20 күн бұрын
2.05 prison cells
@wesbrown738
19 күн бұрын
@@Precondo lmao
@vert911
19 күн бұрын
come on Jordan - you know there are places in the world where these are considered large.
@Precondo
19 күн бұрын
I know
@CommoditySC
2 күн бұрын
But are they high tax, freezing, boring & full of undesirables? Nope.
@vert911
2 күн бұрын
@@CommoditySC You haven't been to NYC lately I guess.
@CommoditySC
2 күн бұрын
@@vert911 I've seen the numbers, much better weather, higher wages, lower tax, food, etc. More stuff to do than maybe anywhere on the planet. Less loser immigrants.
@CristianEnacheRealtor
8 күн бұрын
2022 Canadians on KZitem: UNAFFORDABLE HOUSING IN CANADA. HOUSING CRISIS!!! 2023 Canadians on KZitem: WE NEED MORE HOUSING!! 2024 Canadians on KZitem: THE END OF THE WORLD IS NEAR!! MARKET CRUSHING!! WE HAVE TOO MANY HOUSES!! 2025 Canadians on KZitem: Mortgage Interest Rates Cut With More Than 1.5%: I TOLD YOU!! I WAS FIRST!! 2026 Canadians on KZitem: Canada is the best country in the world. Real estate will never crush!!! Hypocrites? Misleading? Looking for followers only? Telling half of the truth to build their brand? Who knows? BUT I KNOW. :)
@steeler5563
8 күн бұрын
Dog crate in the sky...
@terced847
9 күн бұрын
MAKE THE NORWEGIAN PRISON CELL INDEX GREAT AGAIN
@bryankerr9174
7 күн бұрын
And there's drug addicts to great you outside the main entrance.
@falsepositive4357
5 күн бұрын
Id rather sleep under a tree.
@JaBlanche
20 күн бұрын
Nobu is terrible
@Al-McGregor
20 күн бұрын
In Europe these units size is completely against the law, but this is the shithole of the world.
@Precondo
20 күн бұрын
what are you on about? google for 2 mins you'll find a plethora of 150-200sqft apartments in Germany
@Al-McGregor
20 күн бұрын
@@Precondo you are just ignorant, is there only Germany in Europe??? I am speaking about civil country, try to find that garbage in Italy, Spain, France, etc.
@Al-McGregor
20 күн бұрын
@@Precondo not only you are ignorant, you also confuse square feet with square meters.
@Precondo
20 күн бұрын
@@Al-McGregor hey dork - 20 sq meters is 215 sq ft and Germany has apartments that small
@Al-McGregor
20 күн бұрын
@@Precondo get out of the shithole where you are living and learn how to do research, in Italy, for example, is the minimum requirement for a studio 28 sm. NET and 45 sm. Net for 1 bdr, many regulations are in place all around Europe.
@adamnarbeaux5898
20 күн бұрын
Ok Now please put Nobu on the map!! She deserves at least that much!!
@Precondo
20 күн бұрын
we're on it just for you Adam
@adamnarbeaux5898
20 күн бұрын
@@PrecondoYOU da Best!! Hey, whatever happened to the building overlooking the beach in the west that you told me was a great end user building? Italian builder. What are they selling per foot these days?
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