My parents had the exact same thing happen a few years back.



I honestly wished I'd learned a trade instead of getting into business. (frank)ing useless diploma/degree
- Schenn-Sational!

You tube is a good source if you find the right videos from the pros on design and techniques but the plumbing and wring was so extensive, I had to call in the pros.

You tube is a good source if you find the right videos from the pros on design and techniques but the plumbing and wring was so extensive, I had to call in the pros.
- LeafMan

last thing you need is an electrical fire that your insurance will not cover.

There's a reason why interest rates are so low. If they go up by a few %, you'll see people doing everything to sell because they can't afford it anymore. That's when prices will go down.
- Pecafan Fan

Well, aren't they keeping the interest rates low to keep that from happening?

Our plan is to buy something up north after the wedding, probably in bracebridge... prices are so low already, you can buy what would be a million dollar house in Toronto easily for less than the price of a 1 bedroom condo... our monthly payments including taxes would be lower than what we pay for rent right now

Figure the prices up there won't drop as much as in the city because they're already so low.

My parents had the exact same thing happen a few years back.

I honestly wished I'd learned a trade instead of getting into business. (frank)ing useless diploma/degree
- Schenn-Sational!

same as why did I only learn Microsoft OS when I should been learning Linux as well.

last thing you need is an electrical fire that your insurance will not cover.
- zazzle

Funny you should say, we are going out this weekend to buy new smoke detectors for the house to replace the old ones.

Well, aren't they keeping the interest rates low to keep that from happening?

Our plan is to buy something up north after the wedding, probably in bracebridge... prices are so low already, you can buy what would be a million dollar house in Toronto easily for less than the price of a 1 bedroom condo... our monthly payments including taxes would be lower than what we pay for rent right now

Figure the prices up there won't drop as much as in the city because they're already so low.
- Schenn-Sational!

Banks won't keep those rates down forever, though.

Well, aren't they keeping the interest rates low to keep that from happening?

Our plan is to buy something up north after the wedding, probably in bracebridge... prices are so low already, you can buy what would be a million dollar house in Toronto easily for less than the price of a 1 bedroom condo... our monthly payments including taxes would be lower than what we pay for rent right now

Figure the prices up there won't drop as much as in the city because they're already so low.
- Schenn-Sational!

Family cottage/house property in Parry Sound went way up over the last few years, it is now listed at $620,000. Getting really expensive up there.

Well, aren't they keeping the interest rates low to keep that from happening?

Our plan is to buy something up north after the wedding, probably in bracebridge... prices are so low already, you can buy what would be a million dollar house in Toronto easily for less than the price of a 1 bedroom condo... our monthly payments including taxes would be lower than what we pay for rent right now

Figure the prices up there won't drop as much as in the city because they're already so low.
- Schenn-Sational!

nice.

I married a city gal who doesn't want to move past Dupont street in Toronto or live in the east end of the city. And no burbs and she likes a short walk to get her red eye coffee.

which makes it all the more likely that it will soon

Canada goes through recessions every 5 years or so. We weathered the global recession pretty well and are overdue for our own recession... and the big money maker out west isn't doing so hot right now, and might start a downturn.

When people start losing their jobs, house prices will plummet.
- Schenn-Sational!

I've been saying for years that I'm gonna win the lottery, does the same logic apply...?

I've been saying for years that I'm gonna win the lottery, does the same logic apply...?
- lumlums

a little bit different

nice.

I married a city gal who doesn't want to move past Dupont street in Toronto or live in the east end of the city. And no burbs and she likes a short walk to get her red eye coffee.
- zazzle

If you're in the right spot just off the Danforth, then it's an awesome area

I've been saying for years that I'm gonna win the lottery, does the same logic apply...?
- lumlums

a little bit different
- Schenn-Sational!

Damn

Funny you should say, we are going out this weekend to buy new smoke detectors for the house to replace the old ones.
- LeafMan

I got one that cost $140. If you have a couple of these, they will communicate with each other as well.
Man I can't remember the name brand ....

nice.

I married a city gal who doesn't want to move past Dupont street in Toronto or live in the east end of the city. And no burbs and she likes a short walk to get her red eye coffee.
- zazzle

I'm against the burbs too, after growing up there

For me it's either downtown or in the country, one of the two extremes.

Nice thing about bracebridge is you can buy a nice house for 300 right near the "downtown" strip, which is pretty built up on account of being a tourist town.

So you walk 5 minutes one way to get your coffee, drive 10 minutes the other way to get to pristine nature.




edit: since you mentioned dupont... ever been to Universal Grill?

If you're in the right spot just off the Danforth, then it's an awesome area
- lumlums

been there for a while myself. you couldn't pay me to move downtown.

been there for a while myself. you couldn't pay me to move downtown.
- daeth

I love all of it...




... though not Jane and Finch

been there for a while myself. you couldn't pay me to move downtown.
- daeth

Yea, a friend of ours rents a place there.

Too expensive to buy right now, for us anyways


I'd love to live there.

I'm against the burbs too, after growing up there

For me it's either downtown or in the country, one of the two extremes.

Nice thing about bracebridge is you can buy a nice house for 300 right near the "downtown" strip, which is pretty built up on account of being a tourist town.

So you walk 5 minutes one way to get your coffee, drive 10 minutes the other way to get to pristine nature.




edit: since you mentioned dupont... ever been to Universal Grill?
- Schenn-Sational!

I lived in bracebridge for 5 years .... I love it ...... my cottage is there now .... my wife won't move there

Yea, a friend of ours rents a place there.

Too expensive to buy right now, for us anyways


I'd love to live there.
- Schenn-Sational!

Friends of ours lived just near Coxwell ave, a few blocks off the Danforth... they bought there in 2008 for about 400k and sold it last year for about 650k

Nice location, but not the biggest house... ours in Edmonton is bigger and has significantly more yard space and we paid 270k for it in 2009, now worth about 320k.

Their neighbour was Sean Fitz-Gerald though (sports journo with the National post) so beer on the deck always lead to good conversation

I lived in bracebridge for 5 years .... I love it ...... my cottage is there now .... my wife won't move there

- The_Vark

So here's the question that we still need to figure out: what's the job market like?

Friends of ours lived just near Coxwell ave, a few blocks off the Danforth... they bought there in 2008 for about 400k and sold it last year for about 650k

Nice location, but not the biggest house... ours in Edmonton is bigger and has significantly more yard space and we paid 270k for it in 2009, now worth about 320k.

Their neighbour was Sean Fitz-Gerald though (sports journo with the National post) so beer on the deck always lead to good conversation
- lumlums

You can't buy a house in Toronto for under 500 any more.

Even the ones listed at 4-something will see a bidding war that brings them up to 5.

Only options for a first-time buyer are tiny condos or houses out in places like Ajax/Oakville/Bramptagesh.

...or of course just paying away all your earnings in rent.

Everything was replaced, total rewiring of whole house, total replacement of all plumping plus broke up the concrete to replace under the house, new lines added.

Completely gutted. That $85,000 is before the kitchen upstairs will be done (later this year).
- LeafMan

complete gutting for $22k!?

And in other news:

http://www.boston.com/new.../story.html?p1=Must_Reads

I lived in bracebridge for 5 years .... I love it ...... my cottage is there now .... my wife won't move there

- The_Vark

i remember playing the thirsty judge a few years back... horrible snow storm we drove through to get there too

almost 9 hours for london to bracebridge.. that sucked

turned out to be a fun night tho