HOW MUCH DOES IT COST TO BUILD A HOUSE IN TORONTO. BUILDING PROCESS. LIVING OR MOVING TO TORONTO
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- Опубліковано 27 лип 2024
- If you are living or moving to Toronto you might have these questions: HOW MUCH DOES IT COST TO BUILD A HOUSE IN TORONTO? and WHAT IS A BUILDING PROCESS LIKE?
I often work with builders and developers and in this video I am sharing my knowledge and insight with you. The topic of building a house in Toronto is very broad. So I tried to cover only its main aspects.
If you have any questions beyond that, please feel free to reach out.
00:00 BUILDING A HOUSE
01:30 COST. WHAT MAINLY AFFECTS THE PRICE
04:12 ADDITIONAL EXPENSES
05:04 HOW TO DETERMINE THE PRICE PER SQFT
05:40 EXAMPLE OF MY CLIENTS' HOME
07:04 BUILDING PROCESS
08:20 VISITING MY CLIENTS' CONSTRUCTION SITE
Useful Links for those who are relocating to Toronto:
1. HOW TO BUY A HOME IN TORONTO
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2. BEST TORONTO NEIGHBOURHOODS TO MOVE IN WITH KIDS
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Or Comment Here !
Hello, i plan to build an house at Toronto, what a great city. Thank u so much you make good videos
Am thinking of coming to Canada to work i enjoy your video
Thank you!
Thanks
Very nice information..
Thank you. Let me know what other topics you are interested in
Thanks , Toronto offers a lot for engineers.
Yes, it does. Engineers of different kinds are in demand here.
Hello Olena, I bought a house in willowdale, near finch between yonge and Bathurst. It’s an old bungalow, lot size is 65 x 125. On my street there is a mixed of rebuild mansions worth between 3.5 to 5 million and old bungalows like mine. I am currently renting out the entire basement and lives upstairs, and I plan to rebuild in 3-5 years. Either a single mansion or split the land and build two identical detached. My question is which method will yield me most profit ? And approx costs for each method. From my understand, the mansion can’t be too expensive but if the rebuild sells for 5 million, then buyer might use that money to buy at mid town . Thank you for your time
Hello Jay,
The answer to your question requires a deeper analysis and more information.
I shall give you here some general directions to how I would look at it if I had to work for my clients or for my family.
First of all, in your area there are a few streets, where building a big luxury family home will be appreciated the most.
So I would find out the most expensive sale in the last 12 months and compare the lots, locations, and other features.
The knowledge of the value of the end product would give me the idea about my budget, expenses and the projected profit.
As far as I know, semi-detached homes in Willowdale are not too common. So I would go with the tentative estimate on building expenses and projected value of 2 properties. Keep in mind that a severance of a lot requires additional time and investments.
In the current market both type of the properties have shortage of supply and if construction is done with a rational thought and properties meet buyers expectations, your listings could be sold in no time in this market.
Алёна, хорошее видео. Можете посоветовать также литературу или видео где есть именно стоимостной (сметный) инжиниринг на английском?
Спасибо, Ринат.
Наверное не смогу посоветовать такие источники. Стоимость строительства очень часто меняется в Торонто. Я думаю, что такие расчёты не будут актуальны продолжительное время. В своей профессии, когда я консультирую своих клиентов, я приблизительно могу сказать сколько целесообразно потратить в зависимости от района в Торонто.
mam it would be great if you can make the same video for calgary and Edmonton
My area of expertise is Toronto.
Hi.. Thank you for the information
Planning to build a custom home in Oakville. Plans are ready. Would you be interested to discuss and possibly help?
We can connect at 6472943039 or by email olena@agentolena.com and discuss how I can help.
Thinking of develop a modern house around 2000/2500 sqf in north york how much roughly for sqf?
$350-$400 very approximately
Hi, Do you know any builder who works in durham ? we are looking for an estimated budget to build a custom house
Hello,
You can get the quotes from those:
PARADISE DEVELOPMENT
JEFFREY HOMES
HALMINEN HOMES
DESOUSA HOMES
MIDHAVEN HOMES LIMITED
@@torontorealestatebroker thanks so much! appreciated
@@ahmedzunaid3593 best of luck with your project
3.5 m$ to build . How much can it sell for ??
This video is from 2 years ago.
The cost to build a custom home has changed especially after the COVID period.
Resale value depends on the market in the area where a home is located. That’s why it is important to carefully analyze a neighbourhood’s potential before spending $3.5 million on construction.
How much to build a 2200 SQFT house not modern . Just simple house
Location? Purpose?
@@torontorealestatebroker Mississauga lakeshore and living long term personal . not for selling
@@mudasir989 you may look at approximately $400 per SqFt.
@@torontorealestatebroker that is very high price so approx 1 milllion to build a simple 2200 sqft house does not add up .. does your price include cost of land ?
@@mudasir989 it is high. I agree. It’s not my price. I’m in a different business. I asked a few builders who do it on a daily basis. And no, this price doesn’t include land. It is a construction cost for a house with a basement and two floors above grade.