Podcasts about bloor west

The squirrel trapped inside of a Bloor West shoe store, which had been closed since March, was set free yesterday. The owners of a popular Parkdale bar were locked out by their landlord for unpaid rent. Ontario just reported the highest increase of new COVID-19 cases in a week, and Toronto parks are open, but what are you actually allowed to do in them? Plus, why critics are calling the cancellation of the Sidewalk Labs Quayside project a huge win for the city.

Its the moment you all wait for. The MySoldReport.com/FridayTop5 review. This is where you visit my site, sign in and we review the top 5 solds on my site and see if any of them affect YOUR property values also. This week they range from Bloor West to Rosedale to Davisville Village to Casa Loma to Leaside. Enjoy the show and be sure YOUR listing is featured on my page if you are serious about getting the word out to the world and breaking a sold record in the process! --- Send in a voice message: https://anchor.fm/TorontoRealEstate/message

I’m back!! My family and I landed back in Canada 12 hours ago after a two week vacation in Hong Kong to witness the marriage of my brother in law Vick to his lovely bride Kitty.  Hong Kong in the real estate world is known as the least affordable real estate in the world and as a real estate nerd, it was fascinating to me to be able to witness it first hand. I know Hong Kong is not Canada but as a real estate nerd, I’m always interested in how real estate markets behave, both for sale and rent for ideas how my tribe and I may too invest to capitalize.  For many of you listeners, you may recall the massive influx of Chinese immigrants from Hong Kong in the 90’s and today it’s more the mandarin speaking folks. I hear it all the time from my friends in Vancouver and around Toronto. If you’ve spent any time in China like Hong Kong you’ll understand why and it starts with prices.  The condo I stayed at, only a few years old, on the suburban, terminal end of the train line to the north East.  The GTA equivalent, this would be Barrie or Stouville. For a recent listing, the asking was just under $2,000,000 Canadian for…. Wait for it… almost 800 square feet, two bed, two bath apartment condo…  Just think what $2,000,000 gets you in Canada. $2,000,000 gets you into a decent house West Vancouver, the most expensive neighbourhood in Canada. Another way to think about the price is per square foot which is almost $2,500 per square foot.  Compare that to 1 Bloor West in Toronto, which is one of the most premier, most expensive condos in Toronto priced at around $1,500 per square foot. Do you still wonder why we are seeing so much foreign investment from China? On the rent side, not as crazy as this same condo rents for just over $3,000 per month.  On the other hand, we have a family friend paying over $11,000 per month for her 1,100 square foot, ocean facing condo.  Something to keep in mind as condo investing will become synonymous with single family home investing, condos with views will rent for above market prices. Canada sounds pretty cheap doesn’t it? Affordability is a concern for every Canadian, just know how much better we have it than many. On a socialist front, 28% of Hong Kong’s population or over 2,000,000 people live in public housing.  In comparison, Toronto Public Housing just 164,000 tenants. Some other fun facts of Hong Kong: Minimum wage is under $6/hour Income tax is 15% There is no sales tax or capital gains tax Investment property financing requires 50% as down payment. Quick announcement before we get to our World Champion guest, I’m still getting questions on almost a daily basis on timing real estate, the future of real estate, blockchain and real estate, am I worried about interest rates and bubbles, etc… so come January at my monthly networking meeting I will go over how I see the world and how the research drives my decisions.  I am not an economist however I am a multi millionaire investor and I spend a lot of time around other real estate multi millionaires so hopefully I’ve learnt something along the say. So go to http://www.truthaboutrealestateinvesting.ca/meeting/ to get on the invite list. Investing early at Age 18 to Living The Dream the last 14 years Choking People and Becoming a World Champion at Jiu Jitsu with Barbie Benton Barbie is living the dream.  No there is no Ken or pink corvette but she does what she wants with her time when she wants to. Barbie chooses to train and teach martial arts several times per day and she’s quite good at it including having won at the Abu Dhabi Brazilian Jiu Jitsu World Championships.  She is the first world champion I’ve had on this show but she won’t be the last. Most of us have day jobs.  Barbie’s day job is that of a self sponsored professional athlete thanks to having started investing at the age of 18.  17 years later that same property now makes up half of the income she earns today. Barbie shares about what it takes to be a world champion, what life is like as a successful investor, her recent trip to China to start her ecommerce business.  Really I’m just jealous she has fun all day and doesn’t have to work aka living the dream.   Show Notes: Barbie’s BJJ Journal On Instagram: https://www.instagram.com/barbie__on__fire/

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