You'll be shocked at how much money investors are losing in this Downtown Toronto condo...

Tim Yew
Tim Yew
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Published 2024-02-10
You'll be shocked at how much money people are losing in this building. As a real estate investor, we analyze 2 units that are currently for sale in a new building that just completed in downtown Toronto. We look at a 1 bedroom and a 2 bedroom that's for sale. We break down the numbers and look at it from an investors perspective using the model that we developed from our previous videos. If you want to see how to develop this model you can watch that video here -    • This Is How Professionals Invest - Re...  

If the people buying would have run their numbers and bought like a sophisticated investor they would have never bought here. We can all learn a lesson through their experience to ALWAYS do your numbers before buying any property.

This is not legal, tax, or financial advice. Just my own opinions and for informational purposes only. Consult your professionals for your personal situation.

0:00 - Intro
2.41 - 1 Bed 2020
6:32 - 1 Bed 2024
8:11 - 1 Bed 2020 No Parking
10:00 - 2 Bed 2020
11:29 - 2 Bed 2024
12:36 - Conclusion
All Comments (20)
  • @MrBhushana
    Very honest realtor... Thanks for the video
  • @SahilSawant-jq2ov
    Hey Tim , really nice video ! I was wondering if I could help you with more Quality Editing in your videos than your Editor and also make a highly engaging Thumbnail which will help your video to reach to a wider audience ?
  • @johnly7688
    Tim, not many condos are selling well now except a few such as Park Road in Yorkville. Can you do one for Park Road by capital development. Demolition just completed. No parking $1700 per sqft.
  • @cindydong6867
    Hi Tim~ Can you do an analysis on Brightwater? 1B, 2B + Den, 631sqft , 1P at 683k
  • @shashisonu9
    wonderful analysis Tim, would like to know your thought on 5 Buttermill Ave, Vaughan
  • @cynthiatjandra3297
    Do you have a realtor associate that knows numbers and gives advice based on numbers in BC? I never found a realtor like you in BC, most I encounter failed to pointed out good things and just wants to proceed for commission.
  • @Cckk756
    There are a few buildings didn’t make any sense in retrospect. Not sure how buyers pulled trigger, best is to blame realtor, builder, never themselves 🙈🤦🏼‍♂️🙈🤔 but what if “ we missed out on the capital appreciation?!?😅😆😅😆”
  • @johnly7688
    Crap!!! 24 years to recover their investment? Yikes. They better just live there 😂really enjoy your honest videos. You're trying to educate not to be vindictive. There's a difference
  • @Carolinapetroska
    Indeed bad investment. Another one I can think of is that Celeste building with $1760 per sqf for a one bedroom and parking lot $129 000 totally ridiculous in the middle of the Moss Park area (not the best, surrounded by drug addicts and homeless shelters). 40 storeys, totally insane. I think some investors may lose their shirt.....I don't see the point of buying there nowadays.
  • @mikethomas6715
    It maybe a bad investment or not, but one thing I can point out to you is that you are using a 2% appreciation rate. That is ridiculous. Use the historical average of 6-7%, Canada is a growing country. At least use 3% which is even below the actual inflation rate, & don't let anyone fool you & tell you that the inflation rate is 2 or 3%. Show them your grocery bill & other bills from last yr to this yr.
  • @paulshealthfitness7922
    lol sounds like they bought them off condo Wong… a lot of realtors shilling horrible investments
  • @Mehmed317
    Why are your expanses so high? For a one bedroom condo property tax and condo fee are not exceeding $500 a month