We chat about real estate, mortgages, and everything related.

  • Avid Amoeba
    link
    fedilink
    arrow-up
    5
    ·
    1 year ago

    Watch for the sale price not the list price. I’m seeing listings asking for significant premiums over the average getting terminated in the GTA.

    • Affaires de PiassesOPM
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      We’ll see, they’ve had at least 4 visits, so there seems to be some interest. The GMA market is also much cheaper than the GTA, so still accessible for a couple with a sensible income (single family home, $560k).

      • Avid Amoeba
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        1 year ago

        Yeah, I was looking at some semi-detached places around Saint Denis when I was in Montreal this summer and I could find some that were cheaper than our 3-bedroom condo in the almost-a-suburb in the GTA. I was shocked. I’m almost certainly moving to Montreal if I can’t stay in Toronto for whatever reason. The affordable properties is probably one of the least important reasons but a reason nevertheless. 🤭