Nice nice take your tendies and run
Nice nice take your tendies and run
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Depends if/what they're buying nowThis quote is hidden because you are ignoring this member. Show Quote
Yeah, market is shit right now. I'd be quite stressed if I sold my place first then had to try and buy in this market.This quote is hidden because you are ignoring this member. Show Quote
yea that's always the thing
sell high and buy high
so unless it's a rental to beat trudeau's new cap gains or downsizing etc.
it is cool tho high prices, hence get that high heloc lol
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Best neighbor ever.This quote is hidden because you are ignoring this member. Show Quote
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Or whereThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
So with the new R-CG zoning coming into play, there's the possibility of building a duplex / semi-detached each with a suite underneath. Say ~1k sqft per side gives 2k sqft per upstairs unit and 1k per basement suite minus utilities and such.
Anyone have a guess what that would cost nowadays to build? Often hear >$250/sqft depending on quality but that's typically for a SFH. If it's 6k sqft total * $250 that's 1.5 mill to build? That seems quite on the high side would it not?
I'm mostly curious about the economics of my neighborhood. Main floors of bungalows rent for $2500+ and basements are $1200-1500 at the moment. A new 2+2 infill would probably fetch ~10k a month in rent across the 4 units. 8 year's that's a million in revenue minus expenses.
4 units? Why stop there? We're being slated for H-GO along with all the other "Heritage Communities", so build 8 instead.
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I'm gonna tear down my SFH and put in a 30 storey apartment building. Watch the $$$$$ flow in.
Yep. Starting to happen already. This is in Kingsland and I believe it's been approved. Tearing down two duplexes and building two eightplexes.This quote is hidden because you are ignoring this member. Show Quote
Not me unfortunately. It's only Fairmount drive and some of Acadia Dr that's going H-GO.This quote is hidden because you are ignoring this member. Show Quote
I could technically go up to 6 units as a 3+3 setup but when I sketched out trying to make that fit but it was ugly. 55' wide lot at least should still make for a nice side by side setup that'd be worth living in for the short term.
I might put in a 50 foot tall “suited” garage if this goes through.
Because why not.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Then install one of those Japanese style parkade elevators!This quote is hidden because you are ignoring this member. Show Quote
Between rezoning and the new Midtown LRT station, my half of Fairview is going to skyrocket. Not exactly the future I had planned here, but nothing is forever I guess.This quote is hidden because you are ignoring this member. Show Quote
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oh ya boyThis quote is hidden because you are ignoring this member. Show Quote
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Yeah I did buy this place as my forever lot but with everything changing it's making me rethink that option and considering the option to rebuild as a rental.This quote is hidden because you are ignoring this member. Show Quote
I got mocked on this very thread 2 years ago when I was considering buying an old quadplex lmao. How times have changed.This quote is hidden because you are ignoring this member. Show Quote
Originally posted by beyond_ban
Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.
Is that the only time you've been mocked in this thread?This quote is hidden because you are ignoring this member. Show Quote
We have one at the end of our block. Heard in Altadore there's a 16 unit one. The time for Beltline living conditions is expanding and you better like it!This quote is hidden because you are ignoring this member. Show Quote
Or live in a row house for $800-900K. And >$300/month condo fees (starting!). We went and looked at these during their launch and whoever designed the stairs in some layouts should be fired. From the basement to the rooftop (4 levels) is a single set of stairs - walking down was a nerve-wracking experience to say the least. No carpet on them either.
https://www.realtor.ca/real-estate/2...ary-shaganappi
https://www.realtor.ca/real-estate/2...ary-shaganappi
Last edited by msommers; 05-02-2024 at 06:25 AM.
Ultracrepidarian
That sounds like some awesome affordable housing!This quote is hidden because you are ignoring this member. Show Quote
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Those places are awfully designed, IMO. There's a few end units where the entire side that would have a panoramic view of DT has basically zero windows on it, save for a few little portholes to bring light to the staircases I'm guessing.This quote is hidden because you are ignoring this member. Show Quote