Laurin Jeffrey 🇨🇦 Toronto Real Estate

Toronto real estate agent, architecture fan and student of Toronto history. Lots of opinions on real estate and the future of the city.

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Corner loft, 1100sf carved from 1930s textile mill in midtown Toronto. Completely renovated and modernized 2-bed unit. But kept 13' ceiling and wraparound warehouse windows providing natural light all day long. Rooftop terrace perfect for summer evenings.
https://t.co/Ji48qz3R1z

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

The market continues to make no sense. Three straight months now of rising sales, but falling prices. Generally those 2 stats match each other. Not necessarily a bad thing, just strange.
https://t.co/pNNIQIeKey

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Still so crazy that Colonel Sanders lived in Mississauga for 15 years. Not sure there is much left of his time there... but if I ever lived there, I'd be sure to have fried chicken air fresheners.
https://t.co/Fq64QXGnmb

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Fascinating... they are going to recreate the sanctuary inside a new steel skeleton within the walls of the old church? This is what always perplexes me, with these developments, what WILL they do with the heritage parts after the new stuff is built?
https://t.co/iHc4CIwcOW

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

While the math is a somewhat exaggerated combination of various savings, spending and potential future revenue, there is no question. Building social housing is good. It benefits society in innumerable ways. Simple as that.
https://t.co/rBSw59N5Gr

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

I know the building, I constantly bug the owner of a building next door to convert it to lofts. But this one, and the one to the north, are rentals because of the soil remediation required to sell them. Smelting is a dirty business... But gorgeous units!
https://t.co/Sy0tM6r8OC

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

@NexGen8808 Yeah, it ends badly. For the consumer. Which is why big companies buying up 100s or 1000s of condos is BAD. Full stop.

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

That's a WAY better idea than allowing private equity companies to buy them up and turn condos into overpriced rental buildings. Rather than have government build, they could buy these unsold condos and offer affordable rentals to those in need.
https://t.co/FjcVQF9giz

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

@NexGen8808 No no, of course. I just find it weird when Equifax is always behind these articles. Mortgages being something NOT on your credit and thus not something you would see on an Equifax report. Makes me wonder if they get a boost in paid credit checks after... Or am I being tinfoil-y?

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Weird, as Equifax doesn't report on mortgages... But it needs to be pointed out, this is about late payments, not people actually defaulting on their mortgages and losing their homes. While not good news, it is not as dire as they are trying to make it.
https://t.co/OHSXIixvFO

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Better than demo by neglect, as per the once-nearby Walnut Hall. Facadism isn't the solution, but it beats removal. Not sure what is left inside, but preserving the historic streetscape is better than nothing.
https://t.co/5cS7yoi8BM

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

I am impressed that prices fell that much and didn't trigger any financial issues. Not sure there is any more room to drop, especially with the economy in the precarious position it is currently in, thanks to Trump. Interest rates won't be rising at least.
https://t.co/dJ4W6q2hcR

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Okay, who doesn't want to live in the ultimate loft conversion? In a unit in a 16th-century castle? Actually, being able to sell my boring GTA house and buy a European castle... I think I may have to start discussing retirement plans with my wife ; )
https://t.co/hMIGgPBFSX

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Broadview Lofts, historic 1914 brick industrial warehouse. West-facing corner unit, large 1023sf 1-bed + den for the perfect home office, and walk-in closet as big as a room. Warehouse windows frame CN Tower & city views. 2 parking spots and double locker.
https://t.co/Zf0DjDlRQO

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Eleven storeys is a nice, neighbourhood-scale development, which makes a lot of sense for that part of Toronto.
https://t.co/jC5FrUNFSs

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

More rentals is always good. But wow, if this happens, would it be the tallest rental ever in Toronto?
https://t.co/r6npSnvcL2

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Holy stating the obvious. We have known for years, a decade even, that lack of supply was one of the main reasons for rising prices. Note the recent lack of demand and what it is done to push prices down. When demand < supply, prices fall.
https://t.co/y8EvkaSQdR

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Sure, but a lot of the hard work to reno the home has been done. It is a BIG house on a big lot in a very popular neighbourhood. Just because it is listed for $2.7m doesn't mean it will sell for that.
https://t.co/Uxl6ArcvKr

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Curious to see if this plan works out. Sounds like a few ideas for that spot haven't come to fruition...
https://t.co/F0YaoCm75F

[Laurin Jeffrey 🇨🇦 Toronto Real Estate @condoloft]

Rare 3-storey loft townhouse tucked inside a boutique 11-unit converted factory. Originally home to Gray Manufacturing & Machine, this authentic loft has been transformed into a unique live/work residence filled with character & exposed industrial elements
https://t.co/SB1Hbf3Fsl