Toronto Livings Real Estate Podcast

In episode 52 of the Toronto Livings podcast, hosts Mark Savel and Joey Virgilio delve into the critical real estate question of whether to buy a new home first or sell your current one first. They provide listeners with detailed considerations, including financial implications, market conditions, and personal scenarios, to help navigate this complex decision-making process. The episode also shares personal insights into Toronto's real estate market, food highlights, including discussions about Belly Busters and The Flying Squirrel coffee shop on Queen East. As well as some good old-fashioned Facebook fraud to watch out for! (00:00) Welcome to Episode 52: The Real Estate Dilemma (01:33) Diving Into Real Estate: To Buy or Sell First? (02:03) Exploring Toronto: From Home Shows to Sub Shops (07:10) Coffee Adventures and Closing Chapters (11:59) Navigating Toronto's Real Estate and Community Updates (18:14) The Cutie on Caledonia: A Real Estate Success Story (20:54) Navigating Rental Scams: A Cautionary Tale (21:32) Spotting the Red Flags in Rental Listings (21:55) The Dangers of Off-Market Property Deals (24:04) Real Estate Insights: New Listings and Market Trends (27:00) The Meat and Potatoes: Buy First or Sell First in Real Estate (32:32) Strategies for a Successful Real Estate Transaction (44:25) Supporting Community Causes: Second Harvest Truck Pull Shoutouts Belly Busters - https://bellybuster-submarines.com/ Pascale Gourmet - https://www.pascalegourmet.com/ Flying Squirrel - https://fsmotorcycle.com/ Lux Livings Design Show - https://livingluxedesignshow.ca/

In episode 51 of the Toronto Livings Podcast, hosts Mark Savel and Joey Virgilio delve into the heated topic of Canada's new federal budget, specifically focusing on the controversial changes to capital gains tax and the introduction of a vacant home tax in Toronto. They discuss the public's frustration over these changes and their potential impact on homeowners, investors, and the real estate market. Additionally, the episode covers updates to the Home Buyers' Plan, allowing higher withdrawals from RRSPs for first-time homebuyers. The hosts share personal experiences and opinions on how these changes could affect the rental stock and motivate property owners. The episode also includes lighter segments such as food recommendations in Toronto and reflections on reaching their 51st episode, plus a missed opportunity to discuss aliens in connection with Area 51. (00:00) Celebrating Episode 51: A New Milestone (00:35) Foodie Adventures: From Pastiche to Otto's Berlin Donar (00:44) Diving into Toronto's Real Estate and Culture (08:34) Reflecting on Episode 50 and Addressing Mistakes (16:41) The Vacant Home Tax Drama: Toronto's Real Estate Woes (19:26) Debating the Vacancy Tax and Government Inefficiency (19:53) The Flaws in Public Awareness and Program Implementation (23:15) Shifting Focus: The Federal Budget and Its Impact (23:57) Exploring the RRSP Homebuyers Plan Changes (28:12) Amortization Adjustments and Their Real Impact (29:27) Capital Gains Tax: A Controversial Proposal (32:27) The Potential Consequences of Capital Gains Tax Changes (38:25 Voices from the Community: Reactions to the Proposed Tax Changes (43:49) Concluding Thoughts and Shoutouts Show Notes Ottos Berlin Donar 256 August Ave. https://ottosdoner.com/ Pastiche 59 Ossington Ave https://www.pastichenoshery.com/ The Real Agent Podcast https://podcasts.apple.com/ca/podcast/the-real-agent/id1688047398 Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

It's SHOUT-OUT TIME! In our 50th episode of the TorontoLivings Podcast, we celebrate this significant milestone by looking back on our journey and share some ambitious goals for the future. We've got a ton of special shout-outs for our supporters, friends, businesses in Toronto, and previous podcast guests, with a big thank you to everyone who's supported us thus far! Throughout the episode, we reminisce about personal and business milestones, as well as favorite food spots in Toronto. With a mix of gratitude and humor, we share memories of meaningful gifts exchanged and dream big about future guest appearances, including celebrities like Mick Foley and Arnold Schwarzenegger... oh AND LOTS OF CONFETTI! (00:00) Celebrating Episode 50: A Milestone Moment (00:46) Introducing the Hosts and Their Real Estate Focus (01:17 Reflecting on the Journey to Episode 50 (02:08 The Shout Out Episode: Celebrating Supporters and Toronto Highlights (03:54) Diving into Real Estate Insights and Community Initiatives (06:24) Addressing Misleading Headlines for First-Time Homebuyers (08:00) Exploring Financial Aids for Homebuyers: A Positive Change (09:16) The Ice Bath Bet and Bank of Canada's Decision (10:37) Shifting Gears: From Serious Talks to Shout Outs and Fun (12:42) Highlighting Influential Figures and Unique Ventures (17:48) Spotlight on Local Businesses and Personal Favorites (25:27 Shout Outs Continue: From Food Spots to Inspiring Initiatives (30:28) Wrapping Up with Favorite Coffee Spots and Nespresso Debate (33:47) Shoutouts to Partners and Secret Listeners (33:58) The Unseen Heroes: Our Wives' Support (34:28) The Power of Attention to Detail (35:26) Celebrating Family and Extended Family Support (37:22) Reflecting on Favorite Podcast Moments (40:16) A Nod to International Listeners and the Global Reach (01:00:23) Shoutouts to Memorable Guests and Future Dreams (01:03:34) Wrapping Up with Gratitude and Future Aspirations Shoutouts https://tallboywater.com/ https://www.pressitofficial.com/media https://www.thegrainstudio.ca/products.html https://smoquenbones.com/ https://banyarichmondhill.ca/ https://www.instagram.com/torontogirlswalkingclub/ https://www.instagram.com/cafeplenty https://www.cafeplenty.com/ https://rufino.ca/ https://canadianblindhockey.com/ https://www.lisbonhotel.ca/ https://www.zitosmarketplace.ca/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

In Episode 49 of the Toronto Livings Real Estate Podcast, hosts Mark Savel and Joey Virgilio dive into a comprehensive March market update, discussing key trends and statistics. The episode also addresses the vacant home tax situation, highlighting the confusion and controversies surrounding it. Additionally, they touch upon the proposed renter's bill of rights by Justin Trudeau, discussing its potential impact. The show includes personal anecdotes from the hosts, such as their dining experiences in Toronto and a trip to Buffalo. The discussion extends to upcoming listings in the Toronto real estate market and concludes with insights into the interest rate climate and its effects on buying trends. (00:00) Kicking Off Episode 49 with Mark and Joey (00:16) March Market Update: The Unfolding and the Unhappened (00:44) Welcome to Toronto Living's Podcast: Real Estate, Culture, and Food (02:05) Back to Basics: Market Updates and Personal Eats (02:39) Exploring Toronto's Hidden Gem: A Sandwich Saga (06:01) Buffalo Adventures: Wings, Target, and Trader Joe's (10:26) Vacant Home Tax Fiasco: Toronto's Real Estate Dilemma (14:55) Introducing the Renter's Bill of Rights: A Federal Proposal (18:09) Navigating the Bear Trust Confusion: A Federal Fumble (20:47) Land Pro Conference Insights: When Bad News is Good News (21:47) Decoding Canada's CPI and Mortgage Payments (22:31) Bank of Canada's Upcoming Decision: Bets and Predictions (23:29) Exciting Real Estate Listings on the Horizon (24:44) The Solar Eclipse Buzz: To See or Not to See? (27:39) Diving Deep into the Real Estate Market Trends (37:28) Months of Inventory: A Detailed Analysis (41:44) Wrapping Up: Key Takeaways and Shoutouts Shoutouts La Salumeria - 2021 Yonge St, Toronto, ON M4S 2A2 Bar-Bill North (in Buffalo, USA) - 8326 Main St, Clarence, NY 14221, United States. https://www.barbill.com/ Fata Real Estate Group - 2010 Yonge St, Toronto, ON M4S 1Z9 https://fatareg.com/

In Episode 48 of the Toronto Livings Podcast, we have an incredible chat with guest Alexander Arthur, who discusses the transformation of TAC Sports into a holistic educational platform that nurtures young minds with a blend of sports, financial education, and real estate knowledge.The conversation sheds light on the importance of financial literacy, and the role of community and mentorship in shaping well-rounded individuals. Highlighting personal success stories and advocating for an educational approach that breaks traditional barriers, the podcast envisions a future where empowered youth are equipped with the skills and insights to pursue a life of purpose and contribution.(00:00) Kicking Off Episode 48 with a Special Guest(00:07) Introducing Alex Arthur: From TAC Sports to Real Estate and Beyond(00:50) The Evolution of TAC Sports and Its Impact(01:22) Deep Dive into Alex Arthur's Journey and TAC Sports' Mission(03:47) From Costco to Music: The Foundation of a Lasting Friendship(06:43) The Band Mansion: A Hub of Creativity and Camaraderie(08:38) Pandemic Life and the Power of Masterminding Success(11:09) Exploring the Origins and Expansion of TAC Sports(20:01) Financial Literacy and Life Skills: Revolutionizing Education(29:29) The Regenerative Agriculture Initiative and Future Plans(44:06) Real Estate Ventures and the Power of Pursuing Passions(47:59) The Secret Project and a Cold War Bunker(48:52) First Steps into Real Estate: A Group Effort(49:18) The Power of Presentation and Persuasion(49:55) Navigating the First Real Estate Deal(50:44) The Impact of Mentorship and Easy Learning(01:06:50) From Monopoly to Real Estate: A Childhood Dream(01:10:02) Innovative Education and the Power of Community(01:20:52) A Heartwarming Real Estate Story: From Seller to Buyer(01:25:49) The Future of Education and Real Estate Shout OutsAlex Arthur - https://tacacademy.ca/staff/TAC Academy - https://tacacademy.ca/TAC Sports - https://tacsports.ca/Lifetime Skills Academy - https://lsacademy.ca/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

Navigating Toronto's Pre-Construction Real Estate with TalkCondo Founders In episode 47 of the Toronto Livings Podcast, we feature an in-depth interview with Roy and Amit Bhandari, the entrepreneurs behind TalkCondo.com, Toronto's leading online platform for pre-construction real estate. Starting from their entry into real estate in 2007, the Bhandari brothers share the evolution of their platform, the challenges of organizing pre-construction information, and insights into the condo market's trends. They also introduce TalkCondo Pro, offering updated, comprehensive project data for industry professionals and public users. Additionally, personal stories, including their food preferences and memorable projects like MONDE and King Toronto, enrich the discussion. The podcast concludes on a friendly note, sharing tales of pubs and Guinness, and emphasizes the value of Talk Condo for realtors and the public, urging real estate professionals to leverage the platform to better serve their clients. (00:00) Kicking Off Episode 47: A Special Interview (00:06) Introducing TalkCondo: The MLS for Pre-Construction (02:37) The Origins of Roy and Amit Bhandari in Real Estate (04:27) The Journey from Resale to Pre-Construction Mastery (15:10) Building the Foundation of TalkCondo.com (18:39) Evolving TalkCondo: From Blog to Pre-Construction Database (24:15) The Challenges and Solutions in Pre-Construction Data Management (28:59) The Impact of Organized Data on Pre-Construction Real Estate (29:33) Introducing TalkCondo: Revolutionizing Pre-Construction Real Estate (31:10) The Evolution of Real Estate: From Pen and Paper to Digital Dominance (31:31) TalkCondo Pro: Unleashing a Goldmine of Real Estate Data (35:00) The Speed of Information: Transforming Real Estate Transactions (51:43) A Glimpse into Future Projects and the Power of Access (53:31) The Personal Side: Working with Family and Foodie Favorites Show notes Talkcondo.com Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/

#torontorealestate #gardensuites #torontopodcast Exploring Garden Suites with Lorena Magallanes In this episode of the Toronto Livings Podcast, hosts Mark Savel and Joey Virgilio invite Lorena Magallanes, a real estate expert and part-owner of Stomp Realty, to discuss the concept of garden suites. Lorena shares her insights on the process of building a garden suite, detailing her own experience from inception to overcoming various challenges with the City of Toronto's building codes and permits. She emphasizes the importance of having a knowledgeable architect and contractor familiar with garden suites. The conversation also touches on the potential of garden suites for rental income or family housing, the differences between garden suites and laneway houses, and the legal and logistical steps involved in their construction. Additionally, Lorena addresses the impact of building garden suites on neighborhood dynamics and offers practical advice for those considering this housing option. The podcast is a comprehensive guide on garden suites in Toronto, including related real estate trends, cultural insights, and personal anecdotes. (00:00) Kicking Off with a Special Guest: Lorena Magallanes (02:18) The Evolution of a Realtor: Lorena's Journey (03:40) Diving Deep into Garden Suites with Lorena (15:18) The Challenges and Triumphs of Building a Garden Suite (24:10) Lorena's Victory: A Lesson in Persistence and Building Codes (28:37) Exploring Garden Suites: A New Housing Concept (28:57) Navigating Building Codes and Permit Challenges (31:12) Affordable Housing Solutions: Prefab Garden Suites (34:05) Financing Garden Suites: The Mortgage Dilemma (35:58) The Value of Garden Suites in Real Estate (36:28) Personal Stories and the Future of Garden Suites (42:27) Community and Lifestyle in Etobicoke (45:10) Foodie Favorites and Gluten-Free Options in Etobicoke (49:55) Real Estate Ventures and Closing Thoughts Show Notes Lorena Magallanes - https://www.stomprealty.com/ Lorenas Builder, Atella - https://www.atella.ca/ Laneway Housing Advisors - https://lanewayhousingadvisors.com/City of Toronto and Garden Suites - https://www.toronto.ca/city-government/planning-development/planning-studies-initiatives/garden-suites/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/

In episode 45 of the Toronto Livings Real Estate Podcast, hosts Mark Savel and Joey Virgilio navigate through daylight savings time changes, share personal stories including Joey's music jam sessions and their food adventures, and delve into news you can use. The episode focuses on market updates for the month of February 2024, discussing the current real estate landscape in Toronto, exploring historical price comparisons pre-COVID, during COVID, and at present. It also examines the lasting impact of interest rates on housing prices and predicts future market directions. The co-hosts share updates on lending rates, spotlight new food discoveries, and relay their personal tales, blending expert market analysis with lighthearted banter. (00:00) Kicking Off with Daylight Savings Time Syndrome (00:24) Joey's Jam Session and Food Adventures (02:44) A Week of Sports, Secret Meetings, and Tacos (05:55) Jamming Out and Musical Musings (09:15) Diving into News You Can Use (16:36) Market Update: February's Financial Forecast (18:33) Reflecting on Past Predictions and Market Trends (19:36) Market Dynamics: Days on Market and Segment Performance (20:59) Sales Insights: From Predictions to Transactions (22:49) Analyzing Market Segments: A Deep Dive into Sales and Prices (30:10) The Impact of Interest Rates on the Real Estate Market (32:11) Months of Inventory: Understanding Market Conditions (36:42) Closing Thoughts and Recommendations Shownotes: Cherry Jam Rehearsal Studios - https://cherryjamrehearsal.com/ 154 Islington Ave, Etobicoke, ON M8V 3B6 Alebrijes Taqueria 2404 Dufferin St, York, ON M6E 3S8 Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/

First-Time Home Buyer Incentives: What You Need To Know! The 44th podcast episode of the Toronto Livings Real Estate Podcast dives into the numerous incentives available to first-time homebuyers in Ontario. The hosts, Mark Savel and Joey Virgilio, discuss the six homebuyer incentives, one of which was eliminated recently, that buyers can take advantage of. They also discuss their trip to Othership for an ice bath networking event, their dining experience at Dairy Freeze, and expose some shady things happening in the real estate industry, providing their listeners with useful information. (00:00) Introduction and Overview of the Episode (00:47) Welcome to the Toronto Livings Podcast (01:36) First Time Home Buyer Incentives (01:46) Weekly Highlights and Personal Experiences (06:04) News You Can Use: Real Estate Industry Updates (11:26) Deep Dive into First Time Home Buyer Incentives (18:30) Leveraging RSPs for Home Ownership (18:57) Understanding the RRSP Benefit (19:42) Introducing the First Home Savings Account (FHSA) (20:04) The Benefits of the FHSA (21:47) Investment Strategies for Your FHSA (23:07) First Time Home Buyers Tax Credit (25:00) GST/HST New Housing Rebate (28:20) The End of the First Time Home Buyer Incentive (32:41) Summary of Home Buyer Incentives (34:03) Closing Remarks and Shout Outs Shout Outs Othership - https://www.othership.us/ Lisbon Hotel - https://www.lisbonhotel.ca/ Dairy Freeze - https://www.yelp.ca/biz/dairy-freeze-toronto Keyzer Reid Real Estate Group https://onthemoveto.ca/ MediaRama Studios - https://www.mediarama.ca/

In this episode of the Toronto Livings Podcast, hosts Mark and Joey visit Lisbon Hotel, a new spot from co-owners Adam Hijazi and David Wex, located at River City in downtown Toronto! They discuss the unique experience Lisbon hotel offers - from its inspired décor to its culinary delights. Although it's not Portuguese nor a hotel, Lisbon Hotel offers a European hotel lobby bar vibe with small plates, great drinks, and a soon-to-be-launched breakfast menu. Adam also explains the careful thought process behind curating each element of the space as well as samples for Mark and Joey to try! Lisbon Hotel https://www.lisbonhotel.ca/ 19 Lawren Harris Square, Toronto, ON M5A 1H7 (00:00) Introduction and Episode Preview (01:16) Meet Adam Hijazi (01:35) Discussing the Lisbon Hotel's Concept (02:48) The Lisbon Hotel's Reception and Community Impact (03:19) The Story Behind the Lisbon Hotel (04:34) The Lisbon Hotel's Unique Approach (06:18) Adams Journey in the Restaurant Scene (08:06) The Lisbon Hotel's Food and Drink Recommendations (09:53) The Lisbon Hotel's Future Plans (17:18) The Lisbon Hotel's Approach to Food (25:57) Adams Favorite Restaurants in Toronto (29:28) Exploring the Aesthetic of Ossington (29:57) The Concept of Micro Communities in Toronto (30:35) The Evolution of Neighborhood Restaurants (31:16) The Impact of Location on Dining Experience (32:13) The Rise of Coffee Shops in Toronto (33:07) The Art of Coffee Making (34:05) Exploring Unique Dishes and Flavors (36:40) The Intersection of Real Estate and Hospitality (37:35) The Experience of Dining at Lisbon Hotel (38:06) The Importance of Creativity in the Food Industry (39:54) The Role of Decor in Creating a Dining Atmosphere (54:43) Wrapping Up the Dining Experience

In Episode 42 of Toronto Living's Real Estate Podcast, hosts Mark and Joey discuss the impact of pets on real estate buying, renting, and landlord behavior helping you navigate pet rules related to Toronto Real Estate! They delve into condo rules regarding pets, how these rules can affect home buyers and tenants, and the potential eviction scenarios based on those regulations. Amid various humorous anecdotes and personal stories, they highlight the importance of being transparent about pet ownership with real estate agents and discuss some of their dream pets, ranging from gorillas to turkeys. The hosts also touch on various Toronto-related topics, such as the recent clarification on license plate renewals and their favorite local eats. (00:00) Introduction and Episode Overview (00:53) Welcome to the Toronto Livings Podcast (01:43) Pet Stories and Experiences (04:32) Food Recommendations and Weekly Recap (11:39) News You Can Use: License Plate Renewals and More (15:35) Property Tax Hike and Pet Restrictions in Condos (23:04) Unpleasant Encounters with Pets in Rental Units (23:23) Strict Pet Policies in Buildings (24:16) Disputing Unfair Pet Rules and Bylaws (25:20) The Consequences of Ignoring Pet Rules (27:27) The Landlord and Tenant Perspective on Pets (30:55) The Reality of Owning Pets and Respecting Others (37:15) Dream Pets and Their Impact on Living Situations (44:46) Conclusion: The Importance of Transparency and Respect in Pet Ownership Shoutouts: Matty's Patty's Burger Club - 923a Queen St W, Toronto, ON M6J 1G5 https://www.mattyspattysburgerclub.com/ Banya №2 - 13110 Yonge St #1, Richmond Hill, ON L4E 1A3 https://banyarichmondhill.ca/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

In this week's episode, realtors Mark Savel and Joey Virgilio discuss the latest happenings in Toronto's real estate market with their January market update. They also share Toronto Real Estate Board's 2024 predictions on sales and average prices and compare the predictions with their own market insights. Additionally, they delve into interesting topics such as cloning pets, food, and the shows they're currently enjoying. Tune in for a blend of real estate market commentary, lively cultural discussions, and general banter. (00:00) Introduction and Casual Banter (01:32) Food Talk: Dining Experiences and Recommendations (07:45) The Art of Cooking and Food Appreciation (11:17) News You Can Use: Cloning Pets and More (19:38) Market Update: January Review (21:00) Discussing Predictions and Numbers (21:04) Sales Predictions for 2024 (21:47) Comparing Past Sales and Predictions (22:38) Sales in 2021 and Predictions for 2024 (23:16) Predictions for Average Price (23:56) Market Vibe Check and Bidding War Stories (25:03) Current Market Outlook (32:44) Sales in the 416 (35:35) Price Trends and Predictions (37:52) Months of Inventory Analysis (40:28) Final Thoughts and Predictions Where We Ate Molkagtez Mexican Cuisine (1263 Queen St. W) https://www.molkagtez.com/ Adrak Yorkville (138 Avenue Rd) https://www.adrakyorkville.ca/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/

In this episode of the Toronto Livings Real Estate Podcast, hosts Mark Savel and Joey Virgilio discuss effective strategies for buyers in Toronto's bidding wars, the importance of writing love letters to potential sellers, and the surprising news about Luigi Hamilton joining Ferrari in the F1 season. They also delve into the rise and importance of virtual staging in the housing market. Joey provides a live taste test of his homemade bread, leading to an unexpected computer malfunction. Lastly, they discuss current hot market trends and emphasize that price isn't the only factor that can help secure a deal in the heated bidding war situation. (00:00) Introduction and Welcome (01:29) Celebrating Episode 40 (01:49) Joey's Bread-Making Journey (03:55) Bidding Wars in Toronto's Real Estate Market (04:14) Food Adventures and Weekly Recap (11:31) News You Can Use: Property Tax and World Cup (15:38) Groundhog Day and Foreign Buyer Tax (23:50) Bidding Wars are Back (29:43) Strategies for Bidding Wars (33:50) Importance of Pre-Approval and Home Inspection (35:23) The Role of a Realtor in the Buying Process (35:52) The Impact of Deposit on Property Purchase (44:23) The Power of Love Letters in Property Purchase (49:02) Closing Remarks and Personal Stories Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivi... Joey Virgilio: https://www.instagram.com/joey_toront...

Confused about the Toronto Vacant Home Tax? In this podcast, we'll explain everything you need to know about this tax and how it affects the real estate market in Toronto. As a Toronto real estate investor, you'll want to stay informed about any changes or taxes that may affect your properties. Our podcast breaks down the vacant home tax and what it means for the city and the real estate industry. Don't miss this important information if you're investing in Toronto! With the Toronto housing market constantly evolving, it's essential to stay updated on the latest regulations and policy changes. Among these changes, the introduction of the Toronto Vacant Home Tax stands out. This tax applies to homeowners who leave their homes unoccupied for six months or more within a year. Today, we're taking a deep dive into the details of this tax, from its purpose to potential penalties. Chapters (00:00) Introduction and Episode Start (00:46) Welcome to the Toronto Livings Podcast (03:05) Weekly Updates and Food Adventures (04:26) The Buffalo Bills Game Experience (14:13) News You Can Use: Bank of Canada Announcement (17:46) Inflation Situation in Turkey (19:32) Upcoming Listing in Maple (20:58) Discussing Property Pricing and Rental Opportunities (21:06) Highlighting a New Rental Property (23:03) INTRODUCTION TO VACANT HOME TAX REMINDER (23:16) Deep Dive into Vacant Home Tax (28:11) Penalties and Exemptions of Vacant Home Tax (42:45) Closing Remarks and Future Plans FILL OUT THE VACANT HOME TAX: https://www.toronto.ca/services-payments/property-taxes-utilities/vacant-home-tax/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/

Split into two parts, this podcast includes lively discussions with seasoned Toronto mortgage broker, Christopher Molder, who discusses the impact of pessimism, social media, and the 'seduction of pessimism' on investment decisions and the Toronto property market's perception. The latter part of the video features expert perspectives on the Canadian real estate forecast for 2030, emphasizing the projected 3.5 million home shortfall. They delve into past and future home construction statistics and discuss possible innovative solutions like zoning changes and advanced construction techniques. Despite seeming bleak, optimism remains for real estate market growth and they forecast potential price appreciation in Toronto come 2024. (00:00) Introduction and Episode Overview (00:43) Welcome to the Toronto Livings Podcast (01:21) Special Guest Introduction: Christopher Molder (02:00) Food Talk: Favorite Eateries and Baking Adventures (06:10) Getting to Know Chris: Personal Life and Career (13:00) The Power of Pessimism in Market Analysis (13:21) The Impact of Inflation and Economic Changes (23:06) The Evolution of Social Media and Public Discourse (31:14) The Seduction of Pessimism (32:30) The Power of Optimism (36:14) The Impact of Pessimism on Decision Making (36:37) The Elephant Parable: Understanding Different Perspectives (37:43) Toronto Real Estate: A Closer Look (38:42) The Deferral Cliff and Its Impact (39:40) The Elephant and the Housing Market (42:18) The Future of Toronto Real Estate (43:34) The Reality of Housing Affordability (44:26) The Future of Interest Rates (46:21) The Impact of Population Growth on Housing (48:53) Predicting the Future of Toronto's Housing Market (50:33) Conclusion: The Optimistic Outlook Christopher Molder from Tridac Mortgage - https://tridacmortgages.com/about/team/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

Toronto Real Estate Deep-Dive: Understanding Property Taxes & the City's Revised Budget Mark and Joey, deep dive into the impact of property tax on homeowners and renters, explaining how it funds essential services like public transit and emergency responses. The duo explains how this preliminary budget gets created, the process of what comes next, and why so much of a hike is being proposed. (00:00) Introduction and Welcome (00:08) Discussing Property Taxes (01:11) Introduction to the Toronto Livings Podcast (04:11) Personal Experiences and Healthy Living (07:29) Exploring Pop Culture (12:52) News You Can Use: Property Tax and Savings (16:57) Discussing Traffic and Daylight Savings (21:26) Deep Dive into Property Taxes Continues (27:30) The Need for Increased Service Funding (28:24) Understanding the Basics of City Budget (29:12) Breaking Down the Budget Components (30:43) The Legal Constraints of City Budget (31:30) The Role of the Budget Committee (31:50) The Process of Budget Consultation (32:38) The Potential Impact of the Proposed Budget (34:05) The Reality of Property Taxes (35:15) The Importance of Government Funding (36:20) The Impact of the Budget on Shelter and Housing (49:35) The Role of Land Transfer Tax in City Budget (01:03:26) The Future of Toronto's Budget Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate #propertytax #torontorealestate #torontopodcast

The Toronto Livings Podcast Episode 36: A New Year, A New Theme Song and A 2023 Real Estate Market Recap In the 36th episode of the Toronto Livings Podcast, hosts Mark and Joey discuss the new theme song for the show, their New Year's plans, and a recap of the 2023 Real Estate Market. They further discuss the market activity for December in Toronto and multiple news topics such as rising ticket penalties for speed, a subway fire due to an e-bike malfunction, and misprinted street signs in Toronto. (00:00) Introduction and New Theme Song (00:24) Reflecting on 2023 and New Year's Plans (00:51) Welcome to the Toronto Livings Podcast (01:25) New Year's Celebrations and Experiences (04:21) Dietary Changes and New Year's Resolutions (05:16) New Year's Eve Experiences and Future Plans (10:01) Reflecting on Podcast Appearances and Future Changes (12:37) News You Can Use: Traffic Updates and Mean Girls Mansion (23:47) December Market Update (26:16) Holiday Season and Real Estate Market Slowdown (26:33) Drastic Drop in New Listings (26:59) Real Estate Market Strategies and Anomalies (27:10) New Year's Eve Real Estate Adventures (27:35) The Mystery of New Year's Eve Listings (28:40) Active Listings and Market Trends (29:14) Average Prices and Market Misconceptions (30:00) Days on Market and Market Slowdown (31:07) Bank of Canada's Decision and Market Predictions (31:29) Market Trends and the 'Santa Pump' (32:12) Inventory Analysis and Market Predictions (33:27) The Stanley Water Bottle Discussion (35:25) Sales Analysis and Market Trends (38:06) Price Analysis and Market Trends (43:40) Months of Inventory and Market Trends (48:12) Final Thoughts and Predictions for the New Year Shoutouts: https://reidsdistillery.com/ Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate #torontorealestate #realestatepodcast #torontopodcast

A behind-the-scenes look at living with a Toronto Realtor. Get a glimpse into the dynamic relationship of Mark Savel and his partner, Adriana S. Our hosts delve into candid discussions about the blend of their professional and personal lives, with insightful and amusing anecdotes, tips about financial management, interesting details about their social media strategy, and a peek into the living culture of Toronto. The podcast promises a hearty blend of life, love, and property, drawing from the unique experiences of the couple, balancing their thriving careers in real estate while ensuring a fulfilling personal life. Chapters (00:01) Introduction and Episode Overview (00:42) Meet the Hosts: Mark and Joey (01:23) Special Guest Introduction: Adriana S. (01:57) Adriana's Experience with the Podcast (02:33) Adriana's Week and Food Experiences (02:51) Mark and Joey's Week and Food Experiences (11:44) Discussion on Mortgage Rates (14:17) Debate on Renaming Dundas Square (23:08) Transition Time (24:26) The Beginning of Their Love Story (25:43) The First Date and Early Relationship (27:17) The Proposal and Wedding Plans (27:35) The Depth of Their Connection (31:58) The Challenges and Benefits of Being a Realtor's Partner (40:58) The Importance of Communication and Shared Calendars (46:55) The House Hunting Experience (48:40) The Decision to Buy a Loft (01:00:33) Reflecting on Past Decisions (01:00:42) The One That Got Away: A Missed Real Estate Opportunity (01:03:02) Balancing Risk and Reward in Real Estate (01:07:06) The Importance of Financial Planning and Budgeting (01:17:16) The Role of Social Media in Business (01:23:24) The Story Behind the Nicknames (01:29:45) Looking Forward: Plans for the Podcast Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate

In this episode of the Toronto Livings Real Estate Podcast, hosts Mark Savel and Joey Virgilio share insights on the November real estate market update. They delve into Toronto's real estate market, the culture, and food and lifestyle topics related to life in Toronto. The hosts discuss the Bank of Canada's rate hike announcement, the current state of the city's real estate market, and recent trends in sales, purchases, and active listings. Additionally, they touch on personal experiences with holiday festivities and highlight some key shout-outs and mentions from Spotify podcasts listeners. The episode takes a fun, conversational approach to exploring Toronto's ever-changing real estate landscape. Chapters (00:00) Introduction and Welcome (00:07) Discussing the November Market Update (00:24) Holiday Party and Food Experiences (00:38) Bank of Canada's Rate Hike Announcement (00:41) Shout Outs and Christmas Celebrations (00:54) Toronto Living's Podcast Introduction (01:26) Christmas Decorations and Celebrations (03:34) Recap of Sage's Annual Christmas Party (05:38) Party Shout Outs and Aftermath (13:25) Uber Eats Experience and Food Discussion (17:53) Bank of Canada's Rate Decision (19:24) Uber vs. City of Toronto (23:13) Spotify Wrap Up and Listener Shout Outs (27:34) Discussing Listener Engagement (27:47) Appreciating Loyal Listeners (28:10) Personal Anecdotes and Listener Connections (28:57) Transitioning to Main Topic (29:46) Analyzing November Market Numbers (30:18) Reflecting on Market Trends (30:32) High-Level Market Overview (30:38) Sales Analysis (31:20) Inventory Analysis (34:14) Price Analysis (36:26) Months of Inventory Analysis (48:40) Christmas Wishes and Personal Stories (54:56) Wrapping Up and Shoutouts Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate #torontorealestate #torontopodcast #realestatepodcast

In episode 33 of Toronto Livings Real Estate Podcast, hosts, Mark Savel and Joey Virgilio provide their predictions for the real estate market in Toronto for 2024. They particularly focus on real estate sectors such as detached houses, semis, towns, and condos. The conversation extends to include updates about changes in the Trust In Real Estate Services (TRESA) act and influences of AI in real estate. They also delve into their personal lives, sharing their fondness for aquariums, rocks, plants and their future plans of inviting guests to the podcast, including celebrities, chefs, pro athletes and family members. The episodes cover a mix of professional insights, personal experiences, future goals and appreciation for their fan base. Chapters (00:00) Welcome and Introduction (01:12) Joey's Return from Mexico (01:47) Joey's Mexico Trip Recap (02:38) Jellyfish Encounter in Mexico (05:34) Food Experiences in Mexico (07:31) Back to Work After Vacation (07:39) Toronto Food Scene Discussion (10:21) Real Estate Market Update (10:25) Predictions for 2024 (10:25) Predictions for Real Estate Market in 2024 (11:18) News You Can Use Segment (28:48) Discussion on Condo Market (30:33) Concerns About Pre-Construction Market (32:21) Discussion on Variable Rates and Real Estate Developers (32:49) Impact of High Rates on Real Estate Market (33:37) Predictions for Real Estate Market in 2024 (33:49) Debate on Best Performing Real Estate Segment (34:37) Impact of Airbnb Restrictions on Condo Market (34:58) Changes in Rental Prices and Market Trends (37:10) Predictions for Detached House Prices (39:04) Discussion on Real Estate Market Anomalies (42:22) Impact of Tressa on Real Estate Market (47:08) Discussion on AI in Real Estate (55:35) Personal Goals and Plans for 2024 Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate Show Notes/Shoutouts: Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: https://www.torontolivings.com/ 🖥️ Instagram Mark Savel: https://www.instagram.com/torontolivings/ Joey Virgilio: https://www.instagram.com/joey_torontolivings/ 🎙 Weekly Podcast https://podcasters.spotify.com/pod/show/toronto-real-estate