Any opinion/advice on purchasing a condo in Toronto now?

like
Posting as :
works at
You are currently posting as works at

There has been a snag in new construction. I honestly don't think that the prices will fall any further than they already have. There are far lesser bids for properties than they used to be. Most people are taking their properties off the market and charging higher rent.

If you can buy something and afford it, I recommend going for it.

like

Plus development fees in Toronto for new build went up significantly, so builders won’t be reducing their rates

like

If you got the $$$$$ go for it

funny

People are buying even right now. You have better ability to choose what you want. Specially if you intend to stay there for few years

like

Rising rates only means you qualify for less (even despite any drops in pricing), it ultimately balances out. The positive is that there are less offers on units so you have a better chance of getting what you want and not getting into bidding wars. Source: my GF is a realtor focused on the downtown market, i literally see this everyday lol. DM if you want me to put u in touch.

like

With more rate hikes on the horizon wouldn’t it be better to wait and see how much more prices fall before buying. Assuming OP is buying a resale condo here.

Condos in Toronto haven’t fell much compared to the rest of the home types and homes outside the city. Likely wont fall much even with further hikes considering the majority of first time buyers are now in the condo pool. Increasing rent prices also make it more appealing for investors… all in all don’t bank on a huge drop, buy whatever you like if you can afford it and ride the wave.

like

Where? In Toronto you might be better off renting in the short term

Related Posts

Discussing faith with clients. Any stories?

Looking to go back to school for software engineering any tips?

like

What is review of EY cybersecurity domain? What is the expected salary at C2 level 8YOE

Any recommendations for buying agents in Massachusetts?

like

What matters more early in your career, agency name recognition or project experience?

Hi guys, Can u tell how much CTC to expect from Mastercard pune for following skills:
Yoe - 4, Skills - react js, UI skills, cctc - 11
Thanks in advance

Mastercard

like

To all HR folks - does the background check specifically include GPA confirmation? I already know about sealed transcript submission but just wondering on the background check specifics.

like

I am on FMLA before Christmas break and admin knows, but grades were due and my sub couldn't do it. However, the grading system which is new messed up my grades up but I am not allowed to do anything during my fmla school related. Praying I dont get in trouble when I get back in January. Was I in the right not to stress about it until I get back?

like

Help please!!!

Strategy & Ops at large tech company (non-FAANG) - 120K TC (San Francisco)

Rotational Program at Industrial Firm - 170K TC (Chicago)

Industrial Company:
- Would pay for grad school
- Comp is insane
- Work is more niche
- Company culture is rough
- MBB / tech exit
- smaller less known company

Tech Company:
- Cool company
- well known
- Enter tech early on
- Salary lower than other by a lot
- PM / Biz Ops exits

Both companies have good MBA placement. What would you do?

like

Is VOIS Vodafone calling employees to office yet?? Any official communication happened? Please comment if you have any information.

KL Rahul is biggest scam in cricket 🙂

Post Photo
funnylike

How did you know you needed meds?

like

Fellow students, what kind of jobs do you have now? I recently got promoted to project engineer and looking back on how much I worried about grades it all seems so silly now

likefunny
like

Thoughts on a starting salary in NY? I have a concentration I healthcare law, this would be my first position. I graduated then Covid happened. I want to start at 90k because inflation and cost of living but a place I’m going to interview with wants to start at 79/80k. Lowball or is that about right?

like

Hey Fishesh,

Looking for python developer. YOE 4.6 years
skills - python, django, aws lambda, s3, postgresql
location- Pune

Thanks in advance

like

How much a project manager should get?

like

Hey trying to bring this bowl back to life, how's everyone doing? Busy season blues/last year of school/interning/ looking for a job? I'm finishing my last year of grad school before I work in the sum

like

Am I the only one who doesn’t kiss on the first date? I just gone on a date and I can tell this person wanted to kiss me but I just don’t have the spark. It usually never happens for me on the first date for me… but that doesn’t mean I didn’t like the person.

like

Topped my undergrad cohort, worked (FT, Intern) in both MBB and FAANG, active leadership in community/extracurriculars - But zero responses from my >10+ Google Applications (none referred, all non-tech). What am I missing?

For context, 1YOE+ and I have seen similar YOE or lesser get in.

likefunny

Additional Posts in Toronto Consulting

Anyone have experience working in Vancouver? If so, what are your thoughts on the city? Career wise and socially?

like

What are some of the common exit options for the manager level? Looking for TC to be close to or over $200K. I know it’s heavy tech in the US, but what does that translate to here?

like

Thinking of buying a builder property which is due to be delivered in next 2 years. Any risks I should be aware of?

like

What is a manager salary range in Toronto in consulting vs similar level in the industry?

like

What industries in Canada have competitive salaries for Manager in T2 consulting looking to move to industry ?

likefunny

Anyone travel to and from the US recently? What are the latest testing requirements? Do we think it will loosen by this summer?

like

What are the best companies to exit to in Canada with respect to compensation?

like

Accenture Vs Deloitte Vs EY for SAP Consulting. I worked at Accenture in India long time back and now working at a boutique SAP Consulting firm as a SAP Technical Architect / Manager. Accenture definitely has a strong SAP presence in NA. How different is Deloitte and EY compared to Accenture?

like

What's your next best source of income outside of your job?

like

What is Slaloms reputation in Toronto/Canada like?

Recommendations for restaurants in Chinatown please?

like

Toronto folks - I live in a condo for rent and my lease ends in Sep 2021. My landlord wants to sell the place now and is asking me to vacate the condo in 2 months. What are the usual compensation that I can ask the landlord for? I am new to Canada and so trying to understand how to navigate this so that I don’t waste money and time doing it.

like

Hey folks, I’m an international student pursuing a Masters degree from UWaterloo and looking for full time opportunities in finance and consulting for fall 2022.

I have one YOE in Private Equity back in Asia, completed a fellowship at a VC in India, volunteered to help an Angel investor in Atlanta perform due diligence and a bunch of ECs. My course began in fall 2021, by the time I joined, most of the on-cycle recruitment application deadlines were already wrapped up. TIA!

like

What’s the salary for Managers at Strategy& in Toronto? And next level up and down (assuming it’s SC and Principal?) thanks

like

What are the best consulting firms to work at if I want to exit to Big tech in few years (after reaching manager)?

Is Deloitte Canada bowl still working? Transferred phones and don't seem to be able to find it anymore.

like

Folks, which strategy consulting firms do you think have a strong automotive practice in Canada? Anyone willing to refer?

like

Hi Members, 

I am a supply chain professional with 10 years of experience in supply chain operations and program management in e-commerce, telecom, and 3PL distribution companies. 

I immigrated to Canada 2 years ago and worked with Amazon Canada for last 1.5 years. I recently lost my job and looking for a new job opportunity. 

I have completed my CSCP and PMP certification 

I would appreciate any leads or referrals.

Rate my offer for a business valuations/litigation & legal disputes support associate role at a boutique firm in Toronto:

- $90k + ~7.5% annual performance bonus
- $5k in clawback reimbursement
- will pay all professional fees throughout term of employment (CPA & CBV)

My background:
- SA1 in assurance
- Master of Accounting
- passed CFE, qualify in about half a year
- enrolled in CBV program of studies
- 24 yrs old

Has anyone here started their consulting career from an audit role at a B4? If so, how difficult is it to switch?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal