You bought for $595K and you wanted to sell at the height at $980K? And you used your dad's money as a downpayment? Geez, as a condo owner (who saved ten years for my downpayment all by myself) and wannabe beaches condo buyer, this really irks me. You made a huge profit in such a small amount of time and that's not good enough. Multiply this by so many condo sellers, and this is why most of us can't afford to live in the beaches. Consider yourself lucky.
@darthbuick481
Жыл бұрын
Sour grapes.
@evek2501
Жыл бұрын
@@darthbuick481 To some people, it's sour grapes. To others it's the unfortunate reality.
@Carolinapetroska
Жыл бұрын
That's the way for of Canadian investors are in Toronto !
@kellyprice1024
7 ай бұрын
Generational wealth is the way to go.
@kellyhou9594
5 ай бұрын
Don’t listen to him, you guys did the smart thing. I wish I had done the same. This is the way the market is being played; you need to be a player. And raising home prices have more to do with supply and demand.
@Carolinapetroska
Жыл бұрын
Thank you guys for sharing your honest experience !
@Lee-fr7hx
Жыл бұрын
If you live in Toronto Most young people will never own a house for the rest of their lives!🤞🙏🙏 If your parents can't help with dowmpayment. MOVE TO HALIFAX OR WINDSOR - IT IS STILL AFFORDABLE
@Carolinapetroska
Жыл бұрын
I am so glad I moved back to Europe, better and cheaper quality of life. Good food, and don't need a second mortgage to buy basic products. The best days of Canada is behind us.... Now comes the nightmare and the depression.....
@Lifeisapartydresslikeit
3 ай бұрын
Great video!
@erinfield1943
Жыл бұрын
I'm from Regina and i understand Toronto is a big sexy city, I'm not trying to make Regina better than it is, but given the prices you guys pay, are you really that more satisfied in life being close to the action? Like is paying $300k for a house, garage and yard not a draw in any way to the west? I feel bad for Torontonians, but they make it feel like they think there is only one place in Canada to live. Sounds like you've got a better deal waiting for you in france which is definitely worth pursuing, but you're welcome to the west anytime.
@Lee-fr7hx
Жыл бұрын
Regina - nice people. Just too cold. I an moving to Las Vegas.
@SACREDFlRE
7 ай бұрын
Toronto is the center of the world, haven't you heard..
@gmarks1559
Ай бұрын
The muppet boiler room condo flipping market is dead 😂
@kathrynosmond2029
Жыл бұрын
Congratulations
@SACREDFlRE
7 ай бұрын
Yeah, there is a price to pay at some point if you buy into the belief that prices can rise infinitely. But that's been the environment in Canada for a long time so I wouldn't beat yourself up too much.
@denisecarter5117
Жыл бұрын
Nerve wrecking.
@aa-py7le
Жыл бұрын
If you do Airbnb don’t you still have to pay capital gains tax? You said that you were avoiding this and that is why you did not rent the unit out.
@evavoinigescu
Жыл бұрын
No, in Toronto you can only AirBnB your primary residence. You don' t have to pay capital gains on selling your primary residence
@stephenfermoyle4578
Жыл бұрын
there you go, you sold it so move on...no one cares
@chriswhynder8311
11 ай бұрын
right
@kellyprice1024
7 ай бұрын
Could you not port your mortgage?
@evavoinigescu
7 ай бұрын
We could (during a limited period of time). We weren't able to find an investment that in Toronto we were happy with
@ClihtYeastwood
Жыл бұрын
Toronto has the power to vote in a competent government. This is What you get for not doing so.
@2002S40
5 ай бұрын
Need to vote commy Chow out
@Carolinapetroska
Жыл бұрын
Unfortunately many listings from condo owners downtown Toronto are being terminated and/or expired after many weeks on the market. The demand is really down. Loss of interest from the buyers' part in general and many are going to different countries where buyers from all over the world are welcome, unlike in Canada where the government is xenophobic !
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