#10701315 - 05/16/25 09:48 AM
Re: dat real estate v.2021
[Re: Simon_the_Pieman]
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Risk E. Business, esq.
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 46502
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Thank you!
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#10702248 - 05/20/25 11:38 AM
Re: dat real estate v.2021
[Re: furball]
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Big Tasty
Post Master Supreme
Registered: 02/10/02
Posts: 20250
Loc: Toronto
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Yikes! That should be relabeled "Converting a Toronto SEMI into a Triplex plus laneway!
This couple took one house and made it into 4 separate houses on the same lot. https://www.youtube.com/watch?v=E1_7Dkbszf0
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#10713287 - 06/26/25 11:20 PM
Re: dat real estate v.2021
[Re: furball]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45598
Loc: Raptors Land
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People asking too much?
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#10713328 - 06/27/25 06:43 AM
Re: dat real estate v.2021
[Re: A2B-Lexus]
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Risk E. Business, esq.
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 46502
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Sold one in cornell last week above ask
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#10718286 - 07/16/25 09:46 PM
Re: dat real estate v.2021
[Re: Risk E. Business, esq.]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45598
Loc: Raptors Land
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Congrats!!
I really like Cornell. New enough area so the homes don't have random shit breaking all the time. The only thing is lot size being small. There are enough parks around that you can just walk out to one.
Paying a premium for a coach house and renting it out and being a slum lord light isn't bad for cash flow either.
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#10721080 - 07/28/25 02:10 PM
Re: dat real estate v.2021
[Re: A2B-Lexus]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9585
Loc: Toronto, ON
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Multiplex 4 Unit Conversion In Toronto | Laneway Home | Garden Suite | Max Suite Strategy
https://www.youtube.com/watch?v=A93EGjm65Hk
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#10722609 - 08/03/25 10:47 PM
Re: dat real estate v.2021
[Re: furball]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45598
Loc: Raptors Land
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pretty slick build for $500k
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#10726042 - 08/15/25 03:21 AM
Re: dat real estate v.2021
[Re: A2B-Lexus]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9585
Loc: Toronto, ON
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“Ontario real estate shake-up 🚨
iPro Realty, one of the province’s largest brokerages with 2,400 agents and 17 locations, is shutting down August 19th after a “significant shortfall” was found in its accounts.
Deals in progress will close, but deposits, commissions, and agent contracts are in turmoil.
This is big.”
https://x.com/shazigoalie/status/1956043136309805136?s=46&t=yvRxcjSrq9J-qBrK0dI17A
Edited by furball (08/15/25 06:47 AM)
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#10727429 - 08/19/25 03:29 PM
Re: dat real estate v.2021
[Re: Hatorade]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 108451
Loc: Barrie, Ont,
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iCloud Realty 
Much original
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#10735517 - Today at 06:55 AM
Re: dat real estate v.2021
[Re: c2k]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9585
Loc: Toronto, ON
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New topic on my feeds....
🚨 Brampton Breakdown 🚨
Over $150M in unpaid property taxes in 2024. That’s a $40M jump from the year before. When even the city can’t collect, you know the system is cracking.
High inflation. Crushing cost of living. Families buckling under debt.
What happens in 2025 when unemployment rises higher?
The data comes from a City of Brampton report at last week’s committee of council meeting and shows a massive $40.5 million spike in unpaid property taxes last year compared to 2023.
More than $1.3 billion in property taxes were billed in 2023 with over $110 owing at the end of the year, while 2024 saw more than $1.4 billion billed, with $151 million owing.
There was also a five-times increase in the number of accounts sent to a bailiff for collection last year, up from 234 outstanding in 2023 to 1,170 in 2024.
More than 10 per cent of all billed properties failed to pay their 2024 taxes by Dec. 1 of that year, up from 8.3 per cent in 2023.
Over 30 accounts were also found to be “uncollectible,” meaning the balances of a combined $253,796.25 will be written off by the city and paid with funds from the city’s Allowance for Doubtful Taxes purse of $2.6 million.
Overdue property tax notices are mailed to the taxpayers in arrears in May and October. Collection letters are then sent out once an account is in default for two years, and failure to pay in the third year could lead to the home being sold as a “Tax Sale” to recoup owed taxes.
https://x.com/ShaziGoalie/status/1966499323895562677
https://www.insauga.com/over-151m-in-unpaid-property-taxes-in-2024-in-this-ontario-city/
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