In episode 70 we cover the pitfalls and perks of buying a tenanted propery in Toronto! We tackle the complexities of purchasing tenanted properties, offering vital advice on handling tenant-related risks, the importance of lease agreements, and strategies for smooth transactions. The episode also delves into economic changes, predicting Bank of Canada interest rate cuts, and how these changes impact landlords and tenants. Beyond real estate, Mark and Joey share their latest culinary discoveries in Toronto, from fiery Diavola pizza at Speducci to the pan-fried beef at Momo House. Listen in for a mix of invaluable real estate insights and mouth-watering foodie escapades! (00:00) Introduction and Episode Milestone (00:26) Food Adventures: Momo House and More (02:01) Molly's Scottish Trip (04:59) More Food Experiences (11:49) Justin Timberlake Concert (13:19) Sexy Rabbi and Relationship Tips (17:07) Upcoming Rate Cut (17:37) Inflation and Bank of Canada Predictions (18:59) Landlord and Tenant Board Revamp (22:21) Tenant Rights and Lease Types (26:17) Navigating Tenanted Property Purchases (40:45) Challenges and Solutions for Sellers (44:34) Conclusion and Upcoming Episodes Show notes and Shoutouts Tolbooth Tavern https://www.tolboothtavern.co.uk/ Himalayan Momo House 2655 Yonge St Second Floor, Toronto, ON M4P 2J6 Speducci Mercatto 46 Milford Ave, North York, ON M6M 2V8 https://speducci.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

In Episode 69 of the Toronto Livings Podcast, hosts Mark Savel and Joey Virgilio delve into the issues surrounding Kitec plumbing, a common but problematic system found in many condos. The episode covers the basics of Kitec, including its history, signs of failure, and what condo owners can do to mitigate risks. Listeners will also enjoy lively discussions on Toronto food hotspots, recent city news, and the hosts' varied interests from Coldplay concerts to hockey team sponsorship. Whether you're a prospective condo buyer or a homeowner dealing with Kitec, this episode offers valuable insights and practical advice. (00:00) Introduction and Episode Overview (00:27) Meet the Hosts (01:09) The Kitec Plumbing Issue (02:54) Weekly Food Adventures (09:15) Thermo Spa Controversy (11:43) Dave Ramsey's Wisdom (14:26) Coldplay Concert Announcement (17:09) Hockey Season and Sponsorship (18:56) Getting into Kitec (19:06) Introduction to Kitec Plumbing Issues (19:46) History and Failure of Kitec Plumbing (24:08) Identifying Kitec Plumbing in Your Condo (28:19) Steps to Take if You Have Kitec Plumbing (29:16) Remediation and Replacement Options (31:40) Impact on Insurance and Resale Value (35:10) Final Thoughts and Recommendations (40:08) Shoutouts and Closing Remarks Shoutouts and Links Everything you EVER wanted to know about Kitec Plumbing https://www.canadianhomeinspection.com/home-reference-library/plumbing/kitec-plumbing/ Zesty Burger 1051 Bloor St. West http://zestyburgers.ca/ Himalayan Momo House 2655 Yonge St Second Floor https://www.instagram.com/himalayanmomohouse/ Revolver Pizza 968 St. Clair Avenue West http://www.revolverpizzaco.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

In this lively episode, hosts Mark Savel and Joey Virgilio delve into Toronto's real estate scene, focusing on September's market stats and providing insights into the city's culinary gems. They explore varying market dynamics between condos and houses, touching on inventory levels, average prices, and transaction trends. The episode also features delightful discussions around favorite eateries like the Himalayan Coffee House and Belly Busters, while also touching on personal anecdotes, recent concerts, and upcoming events. Join Mark and Joey as they provide a blend of real estate insights and entertaining stories in this engaging Toronto Living podcast episode. (00:00) Introduction and Episode Overview (00:05) Musical References and Market Stats (00:43) Food Recommendations and Personal Stories (00:57) Toronto Livings Podcast Introduction (01:29) Market Update and September Insights (02:00) Restaurant Reviews and Personal Anecdotes (08:41) News and Budget Discussion (11:42) Water Bills Rant and Market Trends (26:14) Predicting December Rate Changes (26:51) September Market Overview (27:04) Condos vs. Houses: Market Dynamics (29:26) Price Trends and Consumer Concerns (32:10) Inventory Levels and Market Balance (34:30) Opportunities in the Condo Market (37:02) Shoutouts and Personal Stories (40:13) Upcoming Events and Plans (47:01) Music and Concert Experiences (48:03) Conclusion and Podcast Information Shout Outs Himalayan Coffee House 2552 Yonge St, Toronto, ON M4P 2J2 https://www.instagram.com/himalayancoffeehouse The Rushton (740 St. Clair West) http://www.therushton.com Bar Ape (283 Rushton Rd) http://www.bar-ape.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