$500K vs $6,500,000 Toronto Condo

Touring four Toronto condos from $550K to $6.45M
Email me: jordon@precondo.ca
Call me: precondo.ca/call
Please let me know if you want to see more (or less) of this type of content!
PS sorry about the audio and the incoherent ramblings, new to this but will get better :)
Featured:
- 550K (Tom Storeys listing) is sold
- Toy Factory (Rileys listing) is off market
- precondo.ca/the-well-condos/
- precondo.ca/aquabella-condos/
Thanks for watching & please subscribe
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Пікірлер: 157

  • @maxzytaruk8558
    @maxzytaruk85587 ай бұрын

    I think a big problem in Canada is that real estate is solely seen as a commodity market, people aren't looking for generational homes anymore😢 your home should be your domicile

  • @robertovonschoettler

    @robertovonschoettler

    7 ай бұрын

    Condos depreciate much faster too. According to Stats Canada, only 9% of people living in condos are owners. Toronto it's an investor's city.

  • @BCSimonYT
    @BCSimonYT7 ай бұрын

    1.85M condo is something that 15-20 years ago could be rented for $1200 month. Shows how crazy the prices are in Toronto.

  • @Precondo

    @Precondo

    7 ай бұрын

    I think you’re mistaken The Well didn’t exist 20 years ago

  • @BCSimonYT

    @BCSimonYT

    7 ай бұрын

    Not that exact building but same layout, size, etc. Looks rundown for 10 years old.@@Precondo

  • @billpearsall6774

    @billpearsall6774

    7 ай бұрын

    1200? 15yrs ago dream on, I paid 1400 on Kingston Rd. and Victoria Park 30 yrs ago 1100 sq ft

  • @masahirogo3330
    @masahirogo33307 ай бұрын

    500 square feet is for 3 bedroom in Hong Kong. Selling for over $2 million

  • @sandrarekker585
    @sandrarekker5858 ай бұрын

    liking the content and appreciate the floor plans that pop up on the screen. well done! love your usual content as well.

  • @ventinogiggs4172
    @ventinogiggs41728 ай бұрын

    I enjoyed this. This type of video adds another dimension to what you do. Very well done

  • @FrizzyAnimation
    @FrizzyAnimation8 ай бұрын

    yeah "a great starter unit" for 500K for a kitchen and a bedroom. What a joke

  • @everydaypeak

    @everydaypeak

    8 ай бұрын

    i will happily live in my car before paying whatever the current real estate costs in Canada are

  • @Joe-mz6dc

    @Joe-mz6dc

    7 ай бұрын

    It's basically a closet.

  • @lennon3712

    @lennon3712

    7 ай бұрын

    Imagine complaining, wait till you visit my home, Hong Kong 😂

  • @Notimeforbs

    @Notimeforbs

    7 ай бұрын

    493 sqft too 😂

  • @drstepan1078

    @drstepan1078

    7 ай бұрын

    Yeah, 2023 is wild. My parents bought their house (2 floors + basement, 3 washrooms, 4 bedrooms, garage) for 400k in 2014ish

  • @IanSteaman
    @IanSteaman8 ай бұрын

    Great video. More please but maybe more on the lower-mid end of the scale (although I do also appreciate the aspirational looks at the the highest-end properties too!).

  • @ethanoptimized
    @ethanoptimized8 ай бұрын

    Man I know you’re videos are usually more analytical-focussed but I can see you blowing up by adding more of these trendy-type house tour vids

  • @yungjiggamayne2262

    @yungjiggamayne2262

    7 ай бұрын

    He's paying for advertisment. These views are from people being forced to watch his shit.

  • @BillyWoon
    @BillyWoon8 ай бұрын

    This was great Jordan. Love all your content!

  • @willroswell
    @willroswell8 ай бұрын

    Wow that ground unit at the Toy Factory looks awesome. Love the easy access to Balzacs!

  • @patriciapeever5974

    @patriciapeever5974

    7 ай бұрын

    Loved the ground unit at TOY factory

  • @user-ot5yn3gm5d

    @user-ot5yn3gm5d

    6 ай бұрын

    cannot Neglect to mention the Liberty Village Bar Scene. "The Local" is across the street from the Balzacs there. Liberty SOHO down the street , Brazenhead etc.

  • @unfortunatelyrob2635
    @unfortunatelyrob26358 ай бұрын

    I like it. A good balance of eye candy and entertainment + learning little things about local developer builds and finisbes

  • @maxympatenaude138
    @maxympatenaude1387 ай бұрын

    Ive work at The Well and i just did the Presentation center on Wellington for the Q tower for Lifetime !! Love your videos !!

  • @duttyboy03
    @duttyboy038 ай бұрын

    Really loved this video man…keep it up

  • @ladymephisto1647
    @ladymephisto16474 ай бұрын

    The small place is great! It even has a real bedroom with a door you can lock. And that’s more kitchen area than a lot of those more expensive condos where the “kitchen” is just along a wall with a mini sink and no counter space.

  • @carln.6934
    @carln.69347 ай бұрын

    Great content... Keep it up!!. Cheers from New York 👍🏽👍🏽

  • @thegreenskeep1
    @thegreenskeep17 ай бұрын

    Love these types of videos.

  • @ingridmueller3291
    @ingridmueller32917 ай бұрын

    Loved it!! you kept me engaged the whole time:)

  • @DiggyT
    @DiggyT8 ай бұрын

    Condos that would go for 150k 20 years ago now worth 500k? The crash can't come fast enough

  • @TheDuncoh

    @TheDuncoh

    8 ай бұрын

    You gonna be the one to scoop up all the condos when the crash happens condo 👑? 😂

  • @BCSimonYT

    @BCSimonYT

    7 ай бұрын

    knowing the canadian government, they'll restrict people from buying units under X dollars and mess with the free market. If I didn't feel this way, I'd be all over the condo market, but I wouldn't touch it with my worst enemies money.@@TheDuncoh

  • @actsx1
    @actsx17 ай бұрын

    Love this type of content

  • @mythicachan-heung617
    @mythicachan-heung6178 ай бұрын

    Always love the analysis in your videos, but I really liked this condo comparison tour video as well. Please do more of these!

  • @mitsa1
    @mitsa18 ай бұрын

    Definitely like these types of vids 👍👍

  • @paolovonbraumberger1974
    @paolovonbraumberger19747 ай бұрын

    I am a new viewer. I have only seen a handful of videos, yet in contrast, I love the new format. Very engaging and informative. Keep pursuing this modality. We like the PowerPoints and the knowledge of our landscape, yet the tours are super! Keep at it, you are headed in the right direction. From one Torontonian to another. Be well, be… Amazibg!

  • @Precondo

    @Precondo

    7 ай бұрын

    🙏🏼 🙏🏼

  • @eliasmardani1564
    @eliasmardani15648 ай бұрын

    Great Video ! keep it up Jordon

  • @user-ii1fv2zn8d
    @user-ii1fv2zn8d8 ай бұрын

    Very good video and learn all these nice options condo units and very educational what all different choices available

  • @bearsm0m
    @bearsm0m4 ай бұрын

    All these properties are beautiful. You just gained a new follower ☺️

  • @CallumMoorekw
    @CallumMoorekw8 ай бұрын

    Loved it!

  • @ladymephisto1647
    @ladymephisto16474 ай бұрын

    Please do more condo tours but slow down! Most women want to see inside the closets and bathrooms plus any unique or OOAK features inside the units themselves. Personally, I don’t care as much about the amenities in these vids because I can just check the websites.

  • @Mcs_Target
    @Mcs_Target7 ай бұрын

    The size of that $550k "starter" condo isn't the problem, a starter condo should be $100k or less.

  • @sammykatz8342
    @sammykatz83425 ай бұрын

    very well done please continue - listen to often also. cheers!

  • @pilotgirl5953
    @pilotgirl59537 ай бұрын

    Actually really enjoyed this !!!

  • @NunoToronto
    @NunoToronto5 ай бұрын

    Amazing. I would love more videos like this one.

  • @theroyalcrownedtiger2946
    @theroyalcrownedtiger29467 ай бұрын

    For that tiny apartment unit, what I would pay is $250K or less and without furnishings, I'll take care of that myself.

  • @davidhughes6048

    @davidhughes6048

    4 ай бұрын

    Hope you find a real estate agent who agrees with your assessment. 😂

  • @theroyalcrownedtiger2946

    @theroyalcrownedtiger2946

    4 ай бұрын

    @@davidhughes6048 : I don't care about real estate agents and their opinions, I would rather get an rv or trialer instead.

  • @khanf13
    @khanf137 ай бұрын

    Dude you’re naturally gifted at being a realtor! And the choice of properties is awesome, keep doing this type of content you’re gonna blow up!! Your knowledge of the city also shows through which is cool

  • @Joe-mz6dc

    @Joe-mz6dc

    7 ай бұрын

    "naturally gifted at being a realtor" in other words a sleazy salesman.

  • @CityEstates
    @CityEstates7 ай бұрын

    Excellent door opening skills!

  • @coffeesleeves
    @coffeesleeves8 ай бұрын

    Great video man! The quality was good. Very nice change of pace content-wise. More of this would be great!

  • @samluke8121
    @samluke812112 күн бұрын

    Love old bricked warehouses 😍

  • @user-yo5vc7rc4b
    @user-yo5vc7rc4b8 ай бұрын

    love the videos bro please we would love to see more outdoor videos

  • @user-je4zs7kx2s
    @user-je4zs7kx2s8 ай бұрын

    For $550K you can get a 5 bedroom mansion with swimming pool and tennis court in Dayton Ohio. Who do you think you're kidding?

  • @BCSimonYT

    @BCSimonYT

    7 ай бұрын

    seriously? link. Thats wicked.

  • @Hithere-dc2qx

    @Hithere-dc2qx

    9 күн бұрын

    Exchange rate.... But yes it sucks in Toronto and the gta in general

  • @laurelscheller1389
    @laurelscheller13898 ай бұрын

    Loved this

  • @toast-cj
    @toast-cj8 ай бұрын

    Awesome video, I definitely would like to see more IRL content! It could be easier if you just used the footage as b roll and you can talk over it, that way you dont need to worry about the sound quality or having an extra camera man

  • @Precondo

    @Precondo

    8 ай бұрын

    That’s a solid idea thanks

  • @Mouzie13
    @Mouzie137 ай бұрын

    Great video!

  • @Corythehausbaus
    @Corythehausbaus8 ай бұрын

    good content bro, i can tell it's a lot of fucking work driving around and talk to the camera and try not to mess it up. For me, i like information, visuals are great compliment, so 1/3 can be like this video, rest of 2/3 should be awesome info that you do in your room cheers brother

  • @benchoflemons398
    @benchoflemons3988 ай бұрын

    * *pulls out shoebox* *: “This is a 550 thousand dollar condo in Toronto.”

  • @Matt-YT

    @Matt-YT

    8 ай бұрын

    The problem is not the size but the price

  • @ye333
    @ye3337 ай бұрын

    If 500k is a "starter" you are having a great start! 😂

  • @dtuyyyy
    @dtuyyyy8 ай бұрын

    BACK UP FASTER TOM STOREY

  • @lennyl6856
    @lennyl68568 ай бұрын

    I’m more interested actually in the Vancouver area, but it’s always nice to see your opinion of what’s available in little Toronto. 😊 I appreciate and learn from your video content very much. Thank you for the continuing effort!

  • @neverendingweekend
    @neverendingweekend4 ай бұрын

    Good job. 👏 Whether you should keep making these,.. views will tell 😊

  • @mrbbqlvr4274
    @mrbbqlvr42748 ай бұрын

    Great content. Fix the windshield already!

  • @jobber1984
    @jobber19847 ай бұрын

    The toy factory unit is awesome

  • @eric2005
    @eric20057 ай бұрын

    Jordon, Thank you for the video. Appreciate the content. You are very knowledgable. None the less it seems evident there is a massive correction coming to the luxury real estate market. The masses will prop up the entry level condos. There is a lot of off shore money that was historically looking for safe heaven investments and condos are turn key. That money has dried up. And there just isn’t the industry here to support this value prop. The 6.5mil condo is not worth much more than 3-3.25 mil. Even a multimillionaire would look at it and gag over the carrying costs. Why not take the FX hit and buy a ranch in Texas and put up a solar farm. Or a villa in Switzerland. These prices are not commiserate for the industry that exists in Toronto.

  • @traceyneeb9290
    @traceyneeb92907 ай бұрын

    Great video

  • @nephilimshammer9567
    @nephilimshammer95677 ай бұрын

    How we let this be legal is insane

  • @Hithere-dc2qx
    @Hithere-dc2qx9 күн бұрын

    I am regretting not buying a condo in the gta, 5 or 6 years ago. Everything went up too much since then. That 500k condo was probably 300k before the pandemic.

  • @cozytravels752
    @cozytravels7528 ай бұрын

    Interested in seeing more of this! Strongly suggest a Rode GO or DJI Mic though.

  • @Precondo

    @Precondo

    8 ай бұрын

    Thanks! Actually just ordered the GO mic today to clean up the audio next time

  • @jooky87
    @jooky878 ай бұрын

    Get that Porsche windshield glass replaced bro!

  • @JaBlanche
    @JaBlanche8 ай бұрын

    Tridel is top notch.

  • @911___________DIVOC
    @911___________DIVOC8 ай бұрын

    Toy Factory "built in the 1900's" 😂

  • @michapowell
    @michapowell7 ай бұрын

    Loved this type of video! Your knowledge of development paired with seeing the inside of a penthouse suite in a Tridel build like Aquabella was such a treat. It brings your expertise to life!

  • @Precondo

    @Precondo

    7 ай бұрын

    Thank you 🙏🏼

  • @BertJi
    @BertJi8 ай бұрын

    I mean it’s different than your usual, and I can see you trying to mix things up. However, the internet is filled with these types of videos and personally I feel like you differentiate better with your analysis content than merely following the format of others.

  • @adk4419
    @adk44198 ай бұрын

    Ground unit is perfect for empty nesters

  • @stephen-he4iw
    @stephen-he4iw8 ай бұрын

    Great video concept. Up the production quality and this series will take you a long way! If you're nicer to the videographer 😮

  • @pashabarazandeh8840
    @pashabarazandeh88408 ай бұрын

    Raw and unedited, The Don being himself 😉

  • @Banksied
    @Banksied8 ай бұрын

    More vids like this!

  • @retrobossfights649
    @retrobossfights6497 ай бұрын

    Dope channel

  • @James-nv1wf
    @James-nv1wf7 ай бұрын

    If I had the $ straight up perhaps, but no way I would lock myself into these.

  • @fretstain
    @fretstain8 ай бұрын

    hmm, I guess it was interesting but I felt like it missed having a core editorial focus like your other videos. I could see this being nice if it supports a point you're trying to make though.

  • @user-ty5eu3gd5w
    @user-ty5eu3gd5w7 ай бұрын

    Please more house tours

  • @loki76
    @loki768 ай бұрын

    "Great starter unit" for whom? You need to basically pay $100K down payment on the $500K condo. After that you still have a $400K mortgage which is likely $3,500 a month. Don't forget the condo fees. What are those for this unit? $500? So if you follow the "rule" of ~33% of your income going towards housing you need to be making close to $9-10K a month BEFORE taxes. So easily $150K a year. Average salary in Canada is what? $50-57K a year before taxes. It's a joke nowadays with housing costs. I get it it's inside TO so it will be expensive. But the size is a broom closet. I would never want to pay that much and earning $150K a year and live in such a small condo. Also the condo fess. But he drives a Porsche . So I guess this is only for the $200K plus crowd and up. No wonder the small sub count.

  • @buttlesschap

    @buttlesschap

    8 ай бұрын

    It's a starter unit for young professionals or older folks downsizing. I'm 22 I started a plumbing apprenticeship out of hs at age 18. Got my red seal now making $40/hr. Lived at home, no car, no frivolous spending. Don't drink/smoke. Ate out like once a month. Only hobbies are gym and gaming. Saved like 80% of my take home - threw it in index funds every paycheck and now sitting in cash yielding 5% with money market. Single mom gifted me $100k for downpayment. I'm looking to buy next year and that "broom closet" is probably the kind of unit i'm looking at calling home. The size is fine for a couple without kids if you are a minimalist and don't have a lot of crap accumulated. There are lots of people in their 20s starting their careers but still living at home with jobs paying around $80k-$100k/yr and even more downpayment money gifted ($200k is honestly the norm). Plus they may even have a partner w/ a job they plan to marry and help with the contribution once they buy the place. In these cases where a couple gets married, their (immigrant) families are basically pooling $400k total for the 2nd generation newly weds. Do I wish prices were back at pre-covid levels? Ofc but it is just the market for young people to adjust to/compete in now.. Luckily months of inventory is at a historic high right now so it is a buyer's market for TO.

  • @James-nv1wf

    @James-nv1wf

    7 ай бұрын

    @@buttlesschap No offence, but I would never take a "gift" of 100k from anyone, let alone my own family.

  • @BCSimonYT

    @BCSimonYT

    7 ай бұрын

    100k isn't enough for the downpayment at these rates. You'll pay the interest into your 40s@@buttlesschap

  • @jcsdesign
    @jcsdesign8 ай бұрын

    Is that a crack on the windshield of your Macan GTS? You should do more videos like this. It's like going on a house hunt with an agent. You should put together 3-4 condos in the 500k-750k, 750k-1M, 1M-1.25M, 1.25M-1.5M etc...wirh no specific criteria to number of bedrooms and washrooms. I'd like to see if you can come up with unique buildings and layouts and not your typical "shoebox".

  • @Precondo

    @Precondo

    8 ай бұрын

    great idea thanks! and yeah cracked it the other day

  • @kylere6288
    @kylere62888 ай бұрын

    I liked the video. Would certainly watch more like it. It’s a bit off-brand you featuring buildings that actually exist no?

  • @Precondo

    @Precondo

    8 ай бұрын

    Thanks! off brand for the channel to date, but as a business about 40% of the deals we do are actually resale

  • @RadoDani
    @RadoDani7 ай бұрын

    I love this kind of content. This helps a lot to decide what is possible in the city.

  • @YouKnowWh0ooo
    @YouKnowWh0ooo8 ай бұрын

    Keep up the great work!

  • @Precondo

    @Precondo

    8 ай бұрын

    🙏🏼

  • @masahirogo3330
    @masahirogo33307 ай бұрын

    What about high floor on 761 bay? 2+1 almost 1000sq ft uninstructed view

  • @dzungtren4929
    @dzungtren49298 ай бұрын

    Lol 500k for shoebox

  • @mateofernando5066
    @mateofernando50667 ай бұрын

    you can buy a pretty big mansion for 6.5M. Why live in a condominium?

  • @MizMite2002
    @MizMite20027 ай бұрын

    i have an unit across from casa loma in a seniors building and rent for a 1br is under 1200.

  • @robertovonschoettler
    @robertovonschoettler7 ай бұрын

    No 100.000$ tiny home? Or is Canada still thinking a house is luxury?

  • @jwlafferty6048
    @jwlafferty60487 ай бұрын

    Toronto: when you ordered New York on Wish but still overpaid.

  • @osaimola
    @osaimola8 ай бұрын

    "i lived in a smaller shoebox and i loved it"

  • @Precondo

    @Precondo

    8 ай бұрын

    underrated tbh can cook breakfast from bed in 410 sq ft

  • @osaimola

    @osaimola

    8 ай бұрын

    @@Precondo 😂 good one. Tbh the shoeboxes aren't necessarily the issue. It's what you pay to get them that is.

  • @BCSimonYT

    @BCSimonYT

    7 ай бұрын

    yeah but in this day in age, what are the condo fees for that 410sqft unit? That's where I see these as negative investments.@@Precondo

  • @mananmajmudar5598
    @mananmajmudar55987 ай бұрын

    How much money we need to earn to buy this condo .

  • @jonas.hagenvald
    @jonas.hagenvald8 ай бұрын

    New to this channel, just popped up in my recommended. I really like this type of content! Reminds me a lot of Enes Yilmazer's videos, but for Toronto condos. Love it. I hope you make more, even though I can totally see it's probably a lot of work.

  • @pearlhabor7993
    @pearlhabor79935 ай бұрын

    ❤❤❤❤

  • @hassanjalal822
    @hassanjalal8223 ай бұрын

    🎉❤

  • @dtuyyyy
    @dtuyyyy8 ай бұрын

    I LOVE THIS KIND OF VIDEO DADDY YASSSSSSSSSSSSSSSSS

  • @rodgerminer3202
    @rodgerminer32027 ай бұрын

    Yeah I work for McDonald's where do I get 500k from never mind 6mill

  • @ameerhamza4046
    @ameerhamza404628 күн бұрын

    If I sell one of my kidneys I could arrange money for down payment…

  • @chrthewrestler2301
    @chrthewrestler23018 ай бұрын

    500K condo? maybe 50 years ago already.

  • @danyaraka
    @danyaraka8 ай бұрын

    keep up the great work Jordan keep trying these new idea as long as its still informative of the real estate and etc of Toronto. Love the vids keep pushing!

  • @mikeboone390
    @mikeboone3907 ай бұрын

    Even if a had that money , absolutely a no sell for myself . None of that looked like a good place to live , plus none of them were even homes .

  • @HDFootballFootage
    @HDFootballFootage8 ай бұрын

    Man I think you could’ve shown better condos for some of those price points

  • @railfandepotproductions
    @railfandepotproductions7 ай бұрын

    Why was i recommended this

  • @sheldrake1111
    @sheldrake11118 ай бұрын

    What’s up with the audio?

  • @Precondo

    @Precondo

    8 ай бұрын

    audio will be better next vid!

  • @redeye1773
    @redeye17737 ай бұрын

    concrete boxs are all worth about 8grand in cement the rest is karens evaluation

  • @arshiaalexander
    @arshiaalexander5 ай бұрын

    I like the $1M loft! The $6.5M loft is ugly 😒

  • @keytothegate68
    @keytothegate687 ай бұрын

    You would have a hard time selling me the 6.45M one for $550 gl.

  • @loki76
    @loki768 ай бұрын

    Nearly $1.9 million and that is all you get, ha ha.. What a joke. I would rather commute and buy a larger house for that money. That living area is so small. 3 bedrooms? So I guess for the kids. Where is the LIVING AREA? Are they supposed to be locked in their rooms? It's so bad. You get nothing for that money. I bet the condo fees alone are $1,000 or so. Even if you are rich and have it in cash. It's absolute crap for what you get. If you can't pay it outright, you will be saddled with many thousands of dollars in mortgage plus condo fees for such a small space. Canadian housing market is f'ed.

  • @BCSimonYT

    @BCSimonYT

    7 ай бұрын

    More so, as the building ages, those condo fees with subs (when the building is broke) are gonna be crippling. 2000-3000 monthly avg.

  • @gabrielross7235
    @gabrielross72357 ай бұрын

    at 6.4 iam gettin rid of winter ..and my ford 6.4 😂😂😂😂

  • @Precondo

    @Precondo

    7 ай бұрын

    I hear you - in my experience most people with a $5M+ condo in toronto have multiple properties - typically one in a warmer climate

  • @redeye1773
    @redeye17737 ай бұрын

    drug dealers live in condis so 1980s Miami vice

  • @saveukraine8051
    @saveukraine80517 ай бұрын

    There is something wrong with you people, why take out a mortgage for 25 years to live in this nest box on the edge of the world?

  • @GadgetGurusGlobal
    @GadgetGurusGlobal7 ай бұрын

    actually kinda trash for $6.5m tiny kitchen tiny master also so useless to have 2 bathrooms in the master what a waste of space