Build @i3uild

dev Toronto Joined December 2008

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Build @i3uild

a year ago

@itsahousingtrap Is anyone pushing for NOACs rn? Expiry and city refusal on extensions to force new sub & new TGS is problematic. Happy to shift that pet spa till market rebounds!

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Build @i3uild

2 years ago

@esmcelroy @JodiesJumpsuit Look into LMIA scams - one of the reasons you keep seeing them pop up everywhere.

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Build @i3uild

2 years ago

@VasCityEstates Rough in only if it's being occupied now.

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@graemehein @VasCityEstates Especially now since the "interest rate" devs can charge for interim occupancy is much higher than rent and is actually a profit source (since it's higher than construction financing).

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Build @i3uild

2 years ago

@VasCityEstates @graemehein They don't do interim occupancy it's registered and right into closings as they occupy

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Build @i3uild

2 years ago

@HousingNowTO @shanedingman @globeandmail One of the few reasons this works financially is that's its all studio units. Higher rent $ psf. The same thing is happening on Marlin springs Lakeshore project.

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Build @i3uild

2 years ago

@DaveButlerMTG Seems like they also raised via this platform through Align Mortgage Corp? invest.atlasone.ca/offers/WINROS/…

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Build @i3uild

2 years ago

@seandsweeney Do you typically build to code minimums for bedroom size ?

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Build @i3uild

2 years ago

@itsahousingtrap They should stick to the flipping biz. Ton of single family investment has occurred but it's because they are renting out rooms and basements to make it churn.

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Build @i3uild

2 years ago

@seandsweeney Looking at your key plates it would seem that you design from the inside out- odd to see the first project start the other way around. Unless you provided direction on that first and the design followed.

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Build @i3uild

3 years ago

@RE_MarketWatch Isn't the $20k just loaned and then transferred back once they are here?

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Build @i3uild

3 years ago

@ProjectEND By the time someone picks it up and goes to sales it'll be "steps to RYERSON and U of T"

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Build @i3uild

3 years ago

@itsahousingtrap The existing utility infrastructure probably limits the extent of what can be given

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Build @i3uild

3 years ago

@khzny Good amenity but there are some that take advantage of it (ie chargeback to condo).

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Build @i3uild

3 years ago

@ProjectEND @ChrisSpoke Flip City

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Build @i3uild

3 years ago

@ProjectEND Architect ?

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Build @i3uild

3 years ago

@donnelly_b Daylight till you die

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Build @i3uild

3 years ago

@benmyers29 @taystu8 Assuming it's based on GFA it could make sense but without understanding efficiencies on total above/below GCA this number artificially inflates the real cost of highrise vs mid rise.

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Build @i3uild

3 years ago

@d_demelis New devs and land flip shops in trouble - most need to partner or pivot to actually sell/build. Hard to justify the fees involved with that when you have no track record.