$500K vs $6,500,000 Toronto Condo

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  • เผยแพร่เมื่อ 4 ก.พ. 2025

ความคิดเห็น • 157

  • @maxzytaruk8558
    @maxzytaruk8558 ปีที่แล้ว +44

    I think a big problem in Canada is that real estate is solely seen as a commodity market, people aren't looking for generational homes anymore😢 your home should be your domicile

    • @robertovonschoettler
      @robertovonschoettler ปีที่แล้ว +3

      Condos depreciate much faster too. According to Stats Canada, only 9% of people living in condos are owners. Toronto it's an investor's city.

  • @ventinogiggs4172
    @ventinogiggs4172 ปีที่แล้ว +7

    I enjoyed this. This type of video adds another dimension to what you do. Very well done

  • @ethanoptimized
    @ethanoptimized ปีที่แล้ว +32

    Man I know you’re videos are usually more analytical-focussed but I can see you blowing up by adding more of these trendy-type house tour vids

    • @yungjiggamayne2262
      @yungjiggamayne2262 ปีที่แล้ว +1

      He's paying for advertisment.
      These views are from people being forced to watch his shit.

  • @BCSimonYT
    @BCSimonYT ปีที่แล้ว +28

    1.85M condo is something that 15-20 years ago could be rented for $1200 month. Shows how crazy the prices are in Toronto.

    • @Precondo
      @Precondo  ปีที่แล้ว +2

      I think you’re mistaken The Well didn’t exist 20 years ago

    • @BCSimonYT
      @BCSimonYT ปีที่แล้ว +10

      Not that exact building but same layout, size, etc. Looks rundown for 10 years old.@@Precondo

    • @billpearsall6774
      @billpearsall6774 ปีที่แล้ว +1

      1200? 15yrs ago dream on, I paid 1400 on Kingston Rd. and Victoria Park 30 yrs ago 1100 sq ft

    • @JK-yi9gk
      @JK-yi9gk 5 หลายเดือนก่อน

      @@BCSimonYTyea, I would not hire her for anything lol

    • @curlybearington1734
      @curlybearington1734 3 หลายเดือนก่อน

      Not that far off. Had 1500 sq ft at bayview/sheppard for 1500 /month 10 years ago.

  • @sandrarekker585
    @sandrarekker585 ปีที่แล้ว +6

    liking the content and appreciate the floor plans that pop up on the screen. well done! love your usual content as well.

  • @willroswell
    @willroswell ปีที่แล้ว +5

    Wow that ground unit at the Toy Factory looks awesome. Love the easy access to Balzacs!

    • @patriciapeever5974
      @patriciapeever5974 ปีที่แล้ว +1

      Loved the ground unit at TOY factory

    • @TristanHarvey-Scipio
      @TristanHarvey-Scipio ปีที่แล้ว

      cannot Neglect to mention the Liberty Village Bar Scene. "The Local" is across the street from the Balzacs there. Liberty SOHO down the street , Brazenhead etc.

  • @BillyWoon
    @BillyWoon ปีที่แล้ว +3

    This was great Jordan. Love all your content!

  • @unfortunatelyrob2635
    @unfortunatelyrob2635 ปีที่แล้ว +1

    I like it. A good balance of eye candy and entertainment + learning little things about local developer builds and finisbes

  • @RadoDani
    @RadoDani ปีที่แล้ว +4

    I love this kind of content. This helps a lot to decide what is possible in the city.

  • @masahirogo3330
    @masahirogo3330 ปีที่แล้ว +3

    500 square feet is for 3 bedroom in Hong Kong. Selling for over $2 million

  • @IanSteaman
    @IanSteaman ปีที่แล้ว +6

    Great video. More please but maybe more on the lower-mid end of the scale (although I do also appreciate the aspirational looks at the the highest-end properties too!).

  • @paolovonbraumberger1974
    @paolovonbraumberger1974 ปีที่แล้ว +3

    I am a new viewer. I have only seen a handful of videos, yet in contrast, I love the new format. Very engaging and informative. Keep pursuing this modality. We like the PowerPoints and the knowledge of our landscape, yet the tours are super! Keep at it, you are headed in the right direction. From one Torontonian to another. Be well, be… Amazibg!

    • @Precondo
      @Precondo  ปีที่แล้ว +1

      🙏🏼 🙏🏼

  • @Oraleln.6934
    @Oraleln.6934 ปีที่แล้ว +4

    Great content... Keep it up!!. Cheers from New York 👍🏽👍🏽

  • @khanf13
    @khanf13 ปีที่แล้ว +5

    Dude you’re naturally gifted at being a realtor! And the choice of properties is awesome, keep doing this type of content you’re gonna blow up!! Your knowledge of the city also shows through which is cool

    • @Joe-mz6dc
      @Joe-mz6dc ปีที่แล้ว

      "naturally gifted at being a realtor" in other words a sleazy salesman.

  • @maxympatenaude138
    @maxympatenaude138 ปีที่แล้ว +2

    Ive work at The Well and i just did the Presentation center on Wellington for the Q tower for Lifetime !! Love your videos !!

  • @mythicachan-heung617
    @mythicachan-heung617 ปีที่แล้ว +8

    Always love the analysis in your videos, but I really liked this condo comparison tour video as well. Please do more of these!

  • @FrizzyAnimation
    @FrizzyAnimation ปีที่แล้ว +72

    yeah "a great starter unit" for 500K for a kitchen and a bedroom. What a joke

    • @Joe-mz6dc
      @Joe-mz6dc ปีที่แล้ว +6

      It's basically a closet.

    • @lennon3712
      @lennon3712 ปีที่แล้ว +9

      Imagine complaining, wait till you visit my home, Hong Kong 😂

    • @Notimeforbs
      @Notimeforbs ปีที่แล้ว +4

      493 sqft too 😂

    • @drstepan1078
      @drstepan1078 ปีที่แล้ว +6

      Yeah, 2023 is wild. My parents bought their house (2 floors + basement, 3 washrooms, 4 bedrooms, garage) for 400k in 2014ish

    • @theroyalcrownedtiger2946
      @theroyalcrownedtiger2946 ปีที่แล้ว +5

      I rather be living in a cabin, farm, or even Rv, than to pay $ 500k for a tiny apartment type building.
      I would rather get a decent sized cabin at the cottage or farm area and stay there.

  • @coffeesleeves
    @coffeesleeves ปีที่แล้ว +7

    Great video man! The quality was good. Very nice change of pace content-wise. More of this would be great!

  • @michapowell
    @michapowell ปีที่แล้ว +3

    Loved this type of video! Your knowledge of development paired with seeing the inside of a penthouse suite in a Tridel build like Aquabella was such a treat. It brings your expertise to life!

    • @Precondo
      @Precondo  ปีที่แล้ว

      Thank you 🙏🏼

  • @duttyboy03
    @duttyboy03 ปีที่แล้ว +2

    Really loved this video man…keep it up

  • @nephilimshammer9567
    @nephilimshammer9567 ปีที่แล้ว +1

    How we let this be legal is insane

  • @ye333
    @ye333 ปีที่แล้ว +1

    If 500k is a "starter" you are having a great start! 😂

  • @911___________DIVOC
    @911___________DIVOC ปีที่แล้ว +1

    Toy Factory "built in the 1900's" 😂

  • @bearsm0m
    @bearsm0m 11 หลายเดือนก่อน

    All these properties are beautiful. You just gained a new follower ☺️

  • @mitsa1
    @mitsa1 ปีที่แล้ว +1

    Definitely like these types of vids 👍👍

  • @ingridmueller3291
    @ingridmueller3291 ปีที่แล้ว

    Loved it!! you kept me engaged the whole time:)

  • @patwong-o2n
    @patwong-o2n ปีที่แล้ว +1

    Very good video and learn all these nice options condo units and very educational what all different choices available

  • @thegreenskeep1
    @thegreenskeep1 ปีที่แล้ว

    Love these types of videos.

  • @ladymephisto1647
    @ladymephisto1647 11 หลายเดือนก่อน

    The small place is great! It even has a real bedroom with a door you can lock. And that’s more kitchen area than a lot of those more expensive condos where the “kitchen” is just along a wall with a mini sink and no counter space.

  • @Mcs_Target
    @Mcs_Target ปีที่แล้ว +2

    The size of that $550k "starter" condo isn't the problem, a starter condo should be $100k or less.

  • @theroyalcrownedtiger2946
    @theroyalcrownedtiger2946 ปีที่แล้ว +2

    For that tiny apartment unit, what I would pay is $250K or less and without furnishings, I'll take care of that myself.

    • @Imsosmrt1999
      @Imsosmrt1999 11 หลายเดือนก่อน +1

      Hope you find a real estate agent who agrees with your assessment. 😂

    • @theroyalcrownedtiger2946
      @theroyalcrownedtiger2946 11 หลายเดือนก่อน

      @@Imsosmrt1999 : I don't care about real estate agents and their opinions, I would rather get an rv or trialer instead.

  • @ladymephisto1647
    @ladymephisto1647 11 หลายเดือนก่อน +1

    Please do more condo tours but slow down! Most women want to see inside the closets and bathrooms plus any unique or OOAK features inside the units themselves. Personally, I don’t care as much about the amenities in these vids because I can just check the websites.

  • @NunoToronto
    @NunoToronto ปีที่แล้ว

    Amazing. I would love more videos like this one.

  • @CityEstates
    @CityEstates ปีที่แล้ว

    Excellent door opening skills!

  • @sammykatz8342
    @sammykatz8342 ปีที่แล้ว

    very well done please continue - listen to often also. cheers!

  • @samluke8121
    @samluke8121 7 หลายเดือนก่อน

    Love old bricked warehouses 😍

  • @pilotgirl5953
    @pilotgirl5953 ปีที่แล้ว

    Actually really enjoyed this !!!

  • @Beniamin6665
    @Beniamin6665 2 หลายเดือนก่อน

    Great video and good rhythm.. You should get into some of the other features a little more. Windows flor to ceiling, countertop types, cabinet types etc.

  • @actsx1
    @actsx1 ปีที่แล้ว

    Love this type of content

  • @jobber1984
    @jobber1984 ปีที่แล้ว

    The toy factory unit is awesome

  • @toast-cj
    @toast-cj ปีที่แล้ว +2

    Awesome video, I definitely would like to see more IRL content! It could be easier if you just used the footage as b roll and you can talk over it, that way you dont need to worry about the sound quality or having an extra camera man

    • @Precondo
      @Precondo  ปีที่แล้ว

      That’s a solid idea thanks

  • @CallumMoorekw
    @CallumMoorekw ปีที่แล้ว +1

    Loved it!

  • @georgetedford2505
    @georgetedford2505 3 หลายเดือนก่อน

    Thanks for sharing I loved this.

  • @benchoflemons398
    @benchoflemons398 ปีที่แล้ว +4

    * *pulls out shoebox* *: “This is a 550 thousand dollar condo in Toronto.”

    • @Matt-YT
      @Matt-YT ปีที่แล้ว +2

      The problem is not the size but the price

  • @lennyl6856
    @lennyl6856 ปีที่แล้ว +3

    I’m more interested actually in the Vancouver area, but it’s always nice to see your opinion of what’s available in little Toronto. 😊 I appreciate and learn from your video content very much. Thank you for the continuing effort!

  • @neverendingweekend
    @neverendingweekend ปีที่แล้ว

    Good job. 👏
    Whether you should keep making these,.. views will tell 😊

  • @JaBlanche
    @JaBlanche ปีที่แล้ว +2

    Tridel is top notch.

  • @cozytravels752
    @cozytravels752 ปีที่แล้ว +6

    Interested in seeing more of this! Strongly suggest a Rode GO or DJI Mic though.

    • @Precondo
      @Precondo  ปีที่แล้ว +2

      Thanks! Actually just ordered the GO mic today to clean up the audio next time

  • @mrbbqlvr4274
    @mrbbqlvr4274 ปีที่แล้ว +1

    Great content. Fix the windshield already!

  • @Corythehausbaus
    @Corythehausbaus ปีที่แล้ว +2

    good content bro, i can tell it's a lot of fucking work driving around and talk to the camera and try not to mess it up. For me, i like information, visuals are great compliment, so 1/3 can be like this video, rest of 2/3 should be awesome info that you do in your room
    cheers brother

  • @mateofernando5066
    @mateofernando5066 ปีที่แล้ว +3

    you can buy a pretty big mansion for 6.5M. Why live in a condominium?

  • @eliasmardani1564
    @eliasmardani1564 ปีที่แล้ว

    Great Video ! keep it up Jordon

  • @adk4419
    @adk4419 ปีที่แล้ว +1

    Ground unit is perfect for empty nesters

  • @DiggyT
    @DiggyT ปีที่แล้ว +6

    Condos that would go for 150k 20 years ago now worth 500k? The crash can't come fast enough

    • @TheDuncoh
      @TheDuncoh ปีที่แล้ว +4

      You gonna be the one to scoop up all the condos when the crash happens condo 👑? 😂

    • @BCSimonYT
      @BCSimonYT ปีที่แล้ว

      knowing the canadian government, they'll restrict people from buying units under X dollars and mess with the free market. If I didn't feel this way, I'd be all over the condo market, but I wouldn't touch it with my worst enemies money.@@TheDuncoh

  • @jooky87
    @jooky87 ปีที่แล้ว +1

    Get that Porsche windshield glass replaced bro!

  • @dtuyyyy
    @dtuyyyy ปีที่แล้ว +2

    BACK UP FASTER TOM STOREY

  • @jacksongalipeau9608
    @jacksongalipeau9608 ปีที่แล้ว

    Great video!

  • @eric2005
    @eric2005 ปีที่แล้ว

    Jordon,
    Thank you for the video. Appreciate the content. You are very knowledgable. None the less it seems evident there is a massive correction coming to the luxury real estate market. The masses will prop up the entry level condos. There is a lot of off shore money that was historically looking for safe heaven investments and condos are turn key. That money has dried up. And there just isn’t the industry here to support this value prop. The 6.5mil condo is not worth much more than 3-3.25 mil. Even a multimillionaire would look at it and gag over the carrying costs.
    Why not take the FX hit and buy a ranch in Texas and put up a solar farm. Or a villa in Switzerland. These prices are not commiserate for the industry that exists in Toronto.

  • @zevbronshteyn
    @zevbronshteyn ปีที่แล้ว +1

    Please more house tours

  • @rodgerminer3202
    @rodgerminer3202 ปีที่แล้ว +1

    Yeah I work for McDonald's where do I get 500k from never mind 6mill

  • @RobertLizinski
    @RobertLizinski ปีที่แล้ว +3

    For $550K you can get a 5 bedroom mansion with swimming pool and tennis court in Dayton Ohio. Who do you think you're kidding?

    • @BCSimonYT
      @BCSimonYT ปีที่แล้ว

      seriously? link. Thats wicked.

    • @Hithere-dc2qx
      @Hithere-dc2qx 7 หลายเดือนก่อน

      Exchange rate.... But yes it sucks in Toronto and the gta in general

  • @pashabarazandeh8840
    @pashabarazandeh8840 ปีที่แล้ว +1

    Raw and unedited, The Don being himself 😉

  • @YouKnowWh0ooo
    @YouKnowWh0ooo ปีที่แล้ว +4

    Keep up the great work!

  • @stephen-he4iw
    @stephen-he4iw ปีที่แล้ว +2

    Great video concept. Up the production quality and this series will take you a long way! If you're nicer to the videographer 😮

  • @masahirogo3330
    @masahirogo3330 ปีที่แล้ว

    What about high floor on 761 bay? 2+1 almost 1000sq ft uninstructed view

  • @jcsdesign
    @jcsdesign ปีที่แล้ว +1

    Is that a crack on the windshield of your Macan GTS? You should do more videos like this. It's like going on a house hunt with an agent. You should put together 3-4 condos in the 500k-750k, 750k-1M, 1M-1.25M, 1.25M-1.5M etc...wirh no specific criteria to number of bedrooms and washrooms. I'd like to see if you can come up with unique buildings and layouts and not your typical "shoebox".

    • @Precondo
      @Precondo  ปีที่แล้ว

      great idea thanks! and yeah cracked it the other day

  • @kylere6288
    @kylere6288 ปีที่แล้ว +1

    I liked the video. Would certainly watch more like it. It’s a bit off-brand you featuring buildings that actually exist no?

    • @Precondo
      @Precondo  ปีที่แล้ว +1

      Thanks! off brand for the channel to date, but as a business about 40% of the deals we do are actually resale

  • @fretstain
    @fretstain ปีที่แล้ว +1

    hmm, I guess it was interesting but I felt like it missed having a core editorial focus like your other videos. I could see this being nice if it supports a point you're trying to make though.

  • @danyaraka
    @danyaraka ปีที่แล้ว +2

    keep up the great work Jordan keep trying these new idea as long as its still informative of the real estate and etc of Toronto. Love the vids keep pushing!

  • @Banksied
    @Banksied ปีที่แล้ว +1

    More vids like this!

  • @traceyneeb9290
    @traceyneeb9290 ปีที่แล้ว

    Great video

  • @James-nv1wf
    @James-nv1wf ปีที่แล้ว

    If I had the $ straight up perhaps, but no way I would lock myself into these.

  • @laurelscheller1389
    @laurelscheller1389 ปีที่แล้ว

    Loved this

  • @MizMite2002
    @MizMite2002 ปีที่แล้ว

    i have an unit across from casa loma in a seniors building and rent for a 1br is under 1200.

  • @mananmajmudar5598
    @mananmajmudar5598 ปีที่แล้ว

    How much money we need to earn to buy this condo .

  • @loki76
    @loki76 ปีที่แล้ว +2

    Nearly $1.9 million and that is all you get, ha ha.. What a joke.
    I would rather commute and buy a larger house for that money. That living area is so small. 3 bedrooms? So I guess for the kids. Where is the LIVING AREA? Are they supposed to be locked in their rooms?
    It's so bad. You get nothing for that money. I bet the condo fees alone are $1,000 or so. Even if you are rich and have it in cash. It's absolute crap for what you get.
    If you can't pay it outright, you will be saddled with many thousands of dollars in mortgage plus condo fees for such a small space.
    Canadian housing market is f'ed.

    • @BCSimonYT
      @BCSimonYT ปีที่แล้ว

      More so, as the building ages, those condo fees with subs (when the building is broke) are gonna be crippling. 2000-3000 monthly avg.

  • @osaimola
    @osaimola ปีที่แล้ว +1

    "i lived in a smaller shoebox and i loved it"

    • @Precondo
      @Precondo  ปีที่แล้ว +1

      underrated tbh can cook breakfast from bed in 410 sq ft

    • @osaimola
      @osaimola ปีที่แล้ว +2

      @@Precondo 😂 good one.
      Tbh the shoeboxes aren't necessarily the issue. It's what you pay to get them that is.

    • @BCSimonYT
      @BCSimonYT ปีที่แล้ว

      yeah but in this day in age, what are the condo fees for that 410sqft unit? That's where I see these as negative investments.@@Precondo

  • @BertJi
    @BertJi ปีที่แล้ว +2

    I mean it’s different than your usual, and I can see you trying to mix things up. However, the internet is filled with these types of videos and personally I feel like you differentiate better with your analysis content than merely following the format of others.

  • @loki76
    @loki76 ปีที่แล้ว +2

    "Great starter unit" for whom? You need to basically pay $100K down payment on the $500K condo. After that you still have a $400K mortgage which is likely $3,500 a month. Don't forget the condo fees. What are those for this unit? $500?
    So if you follow the "rule" of ~33% of your income going towards housing you need to be making close to $9-10K a month BEFORE taxes. So easily $150K a year.
    Average salary in Canada is what? $50-57K a year before taxes.
    It's a joke nowadays with housing costs. I get it it's inside TO so it will be expensive. But the size is a broom closet. I would never want to pay that much and earning $150K a year and live in such a small condo. Also the condo fess.
    But he drives a Porsche . So I guess this is only for the $200K plus crowd and up. No wonder the small sub count.

    • @buttlesschap
      @buttlesschap ปีที่แล้ว

      It's a starter unit for young professionals or older folks downsizing. I'm 22 I started a plumbing apprenticeship out of hs at age 18. Got my red seal now making $40/hr. Lived at home, no car, no frivolous spending. Don't drink/smoke. Ate out like once a month. Only hobbies are gym and gaming. Saved like 80% of my take home - threw it in index funds every paycheck and now sitting in cash yielding 5% with money market. Single mom gifted me $100k for downpayment. I'm looking to buy next year and that "broom closet" is probably the kind of unit i'm looking at calling home. The size is fine for a couple without kids if you are a minimalist and don't have a lot of crap accumulated.
      There are lots of people in their 20s starting their careers but still living at home with jobs paying around $80k-$100k/yr and even more downpayment money gifted ($200k is honestly the norm). Plus they may even have a partner w/ a job they plan to marry and help with the contribution once they buy the place. In these cases where a couple gets married, their (immigrant) families are basically pooling $400k total for the 2nd generation newly weds.
      Do I wish prices were back at pre-covid levels? Ofc but it is just the market for young people to adjust to/compete in now.. Luckily months of inventory is at a historic high right now so it is a buyer's market for TO.

    • @James-nv1wf
      @James-nv1wf ปีที่แล้ว +2

      @@buttlesschap No offence, but I would never take a "gift" of 100k from anyone, let alone my own family.

    • @BCSimonYT
      @BCSimonYT ปีที่แล้ว

      100k isn't enough for the downpayment at these rates. You'll pay the interest into your 40s@@buttlesschap

  • @retrobossfights
    @retrobossfights ปีที่แล้ว

    Dope channel

  • @Hithere-dc2qx
    @Hithere-dc2qx 7 หลายเดือนก่อน

    I am regretting not buying a condo in the gta, 5 or 6 years ago. Everything went up too much since then. That 500k condo was probably 300k before the pandemic.

  • @robertovonschoettler
    @robertovonschoettler ปีที่แล้ว +1

    No 100.000$ tiny home? Or is Canada still thinking a house is luxury?

  • @dtuyyyy
    @dtuyyyy ปีที่แล้ว

    I LOVE THIS KIND OF VIDEO DADDY YASSSSSSSSSSSSSSSSS

  • @chrthewrestler2301
    @chrthewrestler2301 ปีที่แล้ว

    500K condo? maybe 50 years ago already.

  • @sheldrake1111
    @sheldrake1111 ปีที่แล้ว

    What’s up with the audio?

    • @Precondo
      @Precondo  ปีที่แล้ว

      audio will be better next vid!

  • @GadgetGurusGlobal
    @GadgetGurusGlobal ปีที่แล้ว +1

    actually kinda trash for $6.5m tiny kitchen tiny master also so useless to have 2 bathrooms in the master what a waste of space

  • @jwlafferty6048
    @jwlafferty6048 ปีที่แล้ว

    Toronto: when you ordered New York on Wish but still overpaid.

  • @HDFootballFootage
    @HDFootballFootage ปีที่แล้ว

    Man I think you could’ve shown better condos for some of those price points

  • @dzungtren4929
    @dzungtren4929 ปีที่แล้ว +3

    Lol 500k for shoebox

  • @gabrielross7235
    @gabrielross7235 ปีที่แล้ว

    at 6.4 iam gettin rid of winter ..and my ford 6.4 😂😂😂😂

    • @Precondo
      @Precondo  ปีที่แล้ว

      I hear you - in my experience most people with a $5M+ condo in toronto have multiple properties - typically one in a warmer climate

  • @railfandepotproductions
    @railfandepotproductions ปีที่แล้ว

    Why was i recommended this

  • @hassanjalal822
    @hassanjalal822 10 หลายเดือนก่อน

    🎉❤

  • @keytothegate68
    @keytothegate68 ปีที่แล้ว

    You would have a hard time selling me the 6.45M one for $550 gl.

  • @arshiaalexander
    @arshiaalexander ปีที่แล้ว

    I like the $1M loft!
    The $6.5M loft is ugly 😒

  • @ameerhamza4046
    @ameerhamza4046 8 หลายเดือนก่อน

    If I sell one of my kidneys I could arrange money for down payment…

  • @mikeboone390
    @mikeboone390 ปีที่แล้ว

    Even if a had that money , absolutely a no sell for myself . None of that looked like a good place to live , plus none of them were even homes .

  • @saveukraine8051
    @saveukraine8051 ปีที่แล้ว

    There is something wrong with you people, why take out a mortgage for 25 years to live in this nest box on the edge of the world?

  • @redeye1773
    @redeye1773 ปีที่แล้ว

    concrete boxs are all worth about 8grand in cement the rest is karens evaluation

  • @redeye1773
    @redeye1773 ปีที่แล้ว

    drug dealers live in condis so 1980s Miami vice

  • @whyworkwhenicanrap6830
    @whyworkwhenicanrap6830 8 หลายเดือนก่อน

    It’s not worth it especially for that price