Vacant Condo's Causing Massive Issues (GTA Condo Real Estate Market Update)

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  • Опубліковано 28 вер 2024
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    In this episode we take a look at the current GTA Condo Markets - Toronto, Vaughan, Richmond Hill, Markham, Brampton, Mississauga, Ajax, Whitby, Pickering for week ending March 20, 2024. We also discuss vacant condo's and why it seems like most seller's don't care about their vacant condo's.
    This video will focus specifically on GTA Condo Markets - Toronto, Vaughan, Richmond Hill, Markham, Brampton, Mississauga, Ajax, Whitby, Pickering but be sure to SUBSCRIBE for more reports on other areas!
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    Santo Sessa & Daniel Sessa
    Re/Max Premier
    (647)560-7778
    santo@teamsessa.ca
    *This video, nor any of the other videos on the Team Sessa Real Estate UA-cam channel, does not constitute legal or financial advice. This is strictly intended for educational and entertainment purposes only.

КОМЕНТАРІ • 21

  • @raczyk
    @raczyk 6 місяців тому +2

    Why do buyers agents get paid a commission from the seller? Believe in the USA the lawsuit was one and this will No longer be the case in the US. I hope they do the same thing in Canada. It's outrageous.

  • @davea691
    @davea691 6 місяців тому +6

    A number of years ago, my neighbour had listed, with a real estate agent, her deceased father's office/apartment building for sale in the winter. During one of the showing, someone accidentally shut off what they thought was a light switch in the unfinished basement. The switch actually controlled the power to the furnace. A few days later, the building cooled down enough to cause the water pipes to freeze and burst on the second floor. Building was ruined and had to be sold at a fraction of what it was worth. It was not known who shut the switch off. Building should have been checked by somebody ever two days, especially in the winter.

  • @anotheran
    @anotheran 6 місяців тому +1

    The selling real estate agent totally doesn’t care. Higher commission houses make these condos not worth their time.

  • @Jo-mf2vu
    @Jo-mf2vu 6 місяців тому +2

    Toronto condos have gone down in price from 4 years ago. Tough for speculators that bought precons and will be closing soon. Immigration is only going to be a fraction of what has been forecasted. Its either going to be flat for a long time, or slowly lose more value.

  • @aq311
    @aq311 6 місяців тому +1

    Maybe the seller of the condo is not living in canada😅

  • @davidrenzetti5623
    @davidrenzetti5623 6 місяців тому

    3,600 for sale. 200 sales a week?

  • @mcphersonjohnathon
    @mcphersonjohnathon 6 місяців тому +5

    Developers and the bankers made insane profits well before covid,
    Condos are up 50 percent last 5 years so they need to drop 50 percent to go back to reality and affordability, specially when you add insane maintenance fees.

    • @deezed150
      @deezed150 6 місяців тому

      supply and demand - look it up

  • @Carolinapetroska
    @Carolinapetroska 6 місяців тому +1

    Sorry but if the owner cannot take care of it for whatever reasons, at least, the listing agent who is going to make several thousand dollars on it, should solve the problem but not screw up the sale because of a bad smell.

  • @essentialpassion
    @essentialpassion 5 місяців тому

    People should hire a property manager if you don't have the time or not physically present in the city. We can manage it for you even in all situations including sale, coordinating with realtors and offering good contracts to keep the property in best shape and revenue focused.

  • @tedcochrane528
    @tedcochrane528 6 місяців тому +1

    All plumbing traps will dry out after a month depending on temperature and allow sewer gas to come in. This includes, sinks, toilets, floor drains, laundry.

  • @dooziejohn6165
    @dooziejohn6165 6 місяців тому

    Seller must be lucky. The methane build up can cause explosion.

  • @Ynalaw
    @Ynalaw 6 місяців тому

    "Condo's" does not need an apostrophe, unless the condos actually possess something.

  • @tronguyet6473
    @tronguyet6473 6 місяців тому +1

    They refer leave it vacant then rent to scumbag don’t pay the rent

    • @emeraldcastle
      @emeraldcastle 6 місяців тому +1

      prefer, not refer. English please

    • @Burboss
      @Burboss 6 місяців тому

      @@emeraldcastle c'mon - his Engrish is very-very goot )