Understand Myself- Dr. Jordan Peterson’s Assessment

“Much of what constitutes success in life is therefore the consequence of finding the place in relationships, work and personal commitment that corresponds to your unique personality structure.” – Jordan Peterson My vision for this blog has and will be to focus and explore various topics as they relate to real estate within the GTA. This post will be a little different than the usual post because it will focus on personality traits. I feel that we all see the

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Choice Properties (the RE arm of Loblaws) to acquire CREIT for $6 Bil.

Big breaking news today came from Choice Properties yesterday that seems to indicate that they will acquire hoice Properties Real Estate Investment Trust (CHP.UN-T) for $6 Bil. and become Canada’s largest REIT. Here are the key takeaways from an article titles “Choice Properties to acquire CREIT in $6B transaction” by Don Wilcox of RENX: Choice properties (controlled largely by Loblaw Companies Limited (L-T), George Weston Limited (WN-T) and the Weston family) will become Canada’s largest REIT with a property value of $15 Bil. Their

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Codos and noise don’t go well together

Thank you for taking time out of your busy day to view my blog. Today’s article will focus on noise dampening technology and how they have been deployed in Toronto. The following two bullet points are the most important points from an article I found in The Globe and Mail titled “Condo dwellers look for ways to turn down the volume” by John Lorinc. Diamond Schmitt Architects used the revolutionary Belgian Solution on Daniels’ High Park condo four years ago, which installed

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A review of CMHC’s 2017 Rental Market Results

Flash summary: even though a record number of rentals have come online, courtesy of investors, the rental market still remains vastly undersupplied. This is a summary of the article published by Urbanation on November 29, 2017, titled: Review: 2017 CMHC Rental Survey, and my main key takeaways: The rental market has been tightening as expected. Purpose-built rental vacancy rates are below 1% (a 16 year low) and condo vacancy rates are 0.7% (second lowest on record). Image credits: CMHC In 2017, the supply of

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Toronto’s Residential Developers are Best Suited to Dominate Land Purchases

The Globe and Mail wrote a very interesting article titled “In Toronto’s land war, condo builders are better armed” by Cole Burston. Here are today’s lighting points (three of the most important points): The demand fundamentals for residential units within the city has resulted in residential developers being able to far outbid office developers. Condo builders can get higher return (10-15%) and get their money out faster (~10 years) than an office developer who probably has to wait ~20-30 years (assuming

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