Addy Saeed

Investments, multi-res, CRE, Dog lover, Motorhead, Investor
Real Estate Broker - Re/max Gold Realty Inc., Brokerage
Dealing rep - Westcliff/Waverley CF

[Addy Saeed @HeyAddy]

What is happening to showings in Toronto... 15-minute time slots for the duration of the appointment and only available for two hours on the weekend.

How do you plan your visit down to 15 minutes and only show properties at on Saturday onlyl from 4 to 6 pm?!?

[Addy Saeed @HeyAddy]

8/ The big question:

If private buyers are paying ABOVE book value…

Are public markets underpricing multifamily right now?

#Multifamily #TorontoRealEstate #CRE #REITs #Investing

[Addy Saeed @HeyAddy]

1/ Something unusual is happening in Ontario’s housing market.

A $91M apartment sale in Midtown Toronto…
AND an $8.8B government housing deal announced the same day.

These are connected. 🧵

[Addy Saeed @HeyAddy]

7/ The opportunity?

Watch for:
• Quiet REIT dispositions
• Pre-privatization asset sales
• Transit-oriented rental plays
• Policy-driven development upside

[Addy Saeed @HeyAddy]

6/ Most investors think higher rates = weaker pricing.

But that’s not what this deal shows.

Core Toronto multifamily is still attracting capital—especially in transit-heavy nodes.

[Addy Saeed @HeyAddy]

5/ Here’s the real signal:

Public capital → Deleveraging
Private capital → Acquiring
Government → Stimulating new supply

Three forces moving at once.

[Addy Saeed @HeyAddy]

4/ Now zoom out—

Ontario + Canada just launched an $8.8B housing partnership

• Up to 50% reduction in development charges
• HST rebates up to $130K per unit
• Major transit expansion

This directly impacts supply economics.

[Addy Saeed @HeyAddy]

3/ At the same time, Minto is using ~$67M to pay down variable-rate debt…

Right before a $2.3B take-private deal.

This is not distress.
This is balance sheet repositioning.

[Addy Saeed @HeyAddy]

2/ Minto sold a 148-unit building at Yonge & Eglinton for ~$613K/unit.

Key detail:
The sale price EXCEEDED IFRS value.

That means private buyers are pricing assets higher than public markets.

[Addy Saeed @HeyAddy]

The economy didn’t fall but it didn’t grow either. RBC

[Addy Saeed @HeyAddy]

Are we at the beginning of a wave of recapitalizations in commercial real estate?

[Addy Saeed @HeyAddy]

The biggest disconnect in our economy

[Addy Saeed @HeyAddy]

This $1.3B condo fund just exposed why most investors are losing money.

[Addy Saeed @HeyAddy]

Government of Canada department of measurement. Old truck and looks like very well used

Is this a fake truck?

[Addy Saeed @HeyAddy]

Ontario will rebate the full 8% provincial HST for first-time buyers of new homes up to $1 million, saving up to $130K when combined with federal relief. It could spur short-term demand and help builders clear inventory, but underlying cost pressures remain.

[Addy Saeed @HeyAddy]

Power outage around Heartland centre in Mississauga

[Addy Saeed @HeyAddy]

@BenRabidoux A sign of the rising or falling tide from Toronto?

[Addy Saeed @HeyAddy]

@atensnut @grok what’s this about?

[Addy Saeed @HeyAddy]

Images 2

[Addy Saeed @HeyAddy]

🧵 Canada’s Housing Market Is Splitting in Two – Here's What You Need to Know (July 2025 Edition):

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[Addy Saeed @HeyAddy]

Images 1/