Join Mark Savel and Joey Virgilio in episode 63 of the Toronto Livings podcast as they dive into heated discussions about the inefficiencies of Toronto's landlord-tenant board and the complex issues surrounding rental market policies. The hosts share personal stories from the Toronto real estate scene and debate the pros and cons of damage deposits and prepaying rent for a competitive edge. Emphasizing the need for policy reform and a balanced approach, they offer practical solutions, tips on navigating frustrating delays, and a passionate vent session on improving the housing market. The episode also includes lighter moments, such as a hot sauce challenge and various shout-outs. Don't miss this packed episode full of insights and real-life examples. (00:00) Introduction and Episode Overview (01:35) Landlord and Tenant Board Frustrations (02:11) Weekly Catch-Up: New Food Spots (09:32) Fishing Adventures on Lake Ontario (14:43) The CNE: Food and Fun (25:17) Landlord-Tenant Board: Issues and Solutions (30:58) The Nine-Month Wait: A Tenant and Landlord Nightmare (31:51) Speeding Up the Process: Urgent Matters and Overhauls (32:50) Real-Life Example: The Cost of Delays (33:46) Naming Conventions: Simplifying the Forms (35:20) Flowcharts and Legal Newsletters: A Helping Hand (38:15) Common Mistakes: The Brutal Consequences (41:46) Eviction Rules: Tightening the Regulations (42:23) The Philosophical Side of Renting (49:01) Selling a Tenanted Property: The Risks Involved (01:02:04) Prepaying Rent: The Gray Area (01:09:24) Final Thoughts and Shoutouts SHOUTOUTS Captian Tal - Reel Rush Fishing Charters https://www.reelrushfishing.com/ Yaffa Shawarma & Falafel - http://www.yaffashawarma.com/ Midnight Cookie - http://www.midnightcookie.ca/ Zachary Soccio-Marandola (Form Flow Chart) https://www.socciomarandola.com/our-ltb-cheat-sheet-removes-the-legal-jargon-for-you/?ref=realtor-r-newsletter 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 62 of the Toronto Livings Podcast, Mark Savel and Joey Virgilio dive into the July real estate market numbers, unveiling a not-so-optimistic outlook. Beyond the market updates, the hosts share anecdotes about their week, including Joey's newfound love for Midnight Cookies and Marks frustrating trip to Innisfil, Ontario, which leads to a rant about their stringent resident-only beach parking policies. The episode also discusses broader economic impacts, like the recent dip in the Japanese market and its potential effects on Toronto's future real estate trends. Lively and informative, this episode blends market insights with personal stories, making for an engaging listen. (00:00) Introduction and Episode Overview (01:21) July Market Update Introduction (02:08) Innisfil Beach Incident (09:34) Midnight Cookie Obsession (13:28) Market Crash and Economic Concerns (16:55) Real Estate Market Analysis (20:38) Condo Market Opportunities (21:30) Quarterly Market Review (22:41) Sales and Price Trends (23:55) Inventory Analysis (26:22) Housing Crisis Debate (30:27) Market Sentiment and Predictions (41:16) Shoutouts and Closing Remarks Shoutouts Midnight Cookie - http://www.midnightcookie.ca/ Innisfil Parking Lot Rules - https://innisfil.ca/en/living-here/re... Where You Can Find Us 🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/ 🖥️ Instagram Mark Savel: / torontolivings Joey Virgilio: / joey_torontolivings

Did you know, there are at least 3 ways a condo is measured!?! In episode 61 of the Toronto Livings Podcast, Mark and Joey discuss the complexities and confusion surrounding floor plans and measurements in the real estate world. The episode covers standardized measurements, how to handle discrepancies in square footage, and the importance of professional floor plans versus older methods. The hosts also touch on various experiences and corrections from previous episodes, including food tips, new real estate listings, and upcoming events. They discuss changes in parking fines, the introduction of 30-year amortizations for first-time buyers, and the challenges of accurately measuring and interpreting usable space in both houses and condos. (00:00) Introduction and Episode Overview (00:05) Diving into Floor Plans and Measurements (00:33) Food Adventures and Corrections (01:42) Weekend Activities and Busy Schedules (03:00) More Food Talk and Restaurant Recommendations (15:56) Traffic Fines and City Issues (24:34) New Listings and Real Estate Insights (28:32) Understanding Stone Measurements (28:57) Historical Measurement Methods (29:40) Confusion in Modern Measurements (30:18) Real Estate Measurement Standards (31:05) Basement Square Footage Debate (37:00) Condo Measurement Variances (44:05) Challenges with Accurate Measurements (53:41) Shoutouts and Closing Remarks (54:45) Fishing Tournament Excitement Porchetta & Co - https://porchettaco.com/ RH Courtyard Restaurant - https://rh.com/ca/en/toronto/restaurant Building measurement guideline - https://kwar.ca/docs/AIC_building_measurement_guidelines-2013-11-18.pdf Measurements for Condos Explained: https://www.protectyourboundaries.ca/blog/post/condos-useable-area-vs-saleable-area 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