Buying a Toronto mixed-use is just "rent x12" math… you'll overpay by $300k+.
Residential cap rates (3.5%) ≠ commercial (6%). Bad tenant mix? Your apartments lose value from noise/odor.
Big Six Banks Show Resilience Amid Ongoing Condo Challenges
Canada's major banks have minimal exposure to the condo market downturn, with condo developer loans making up less than 1% of their portfolios. This limits the risk of a banking crisis despite ongoing condo market...
