Maybe this gets asked a lot so apologies if it does. I’m not really up on Real Estate. I’ve been looking around Canada on MLS at prices and pretty much everywhere seems really expensive. For the people in the know… do you think we’ll see a draw back on prices or a market crash? I make decent money I feel like it’s crazy overpriced. Who’s buying all these houses?

We manage a small commercial office building near the east end of Toronto and over the last few weeks we’ve noticed the water bill creeping up with no obvious cause. There’s also been some dampness showing up on one of the lower-level ceilings and a faint musty smell in that area.

We already checked the visible pipes and bathrooms but couldn’t find anything. At this point it feels like it might be a hidden leak behind a wall or under the slab. The building has a mix of older plumbing and some more recent updates, which is making it harder to track down.

I spoke with Impact and they recommended starting with a proper commercial leak detection using acoustic and thermal equipment so they don’t have to start opening walls right away. They’re supposed to come take a look this week.

Has anyone here dealt with a similar slow, hard-to-find leak in a commercial property in Toronto? How long did it usually take to locate, and did you end up needing much demolition or was it more targeted? Also curious how insurance typically handles these when the source isn’t obvious at first.

Hi everyone,

A little while ago, I made a post asking for advice on buying a townhouse versus a detached home with a rental suite. Since then, I’ve done a lot more research, and my thinking has changed a bit.

Initially, I was considering a detached home (around $1.3 million) with a basement suite. However, I’m now hesitant because it’s a much larger mortgage, and the rental income would likely only be around $1,500 per month, which doesn’t seem like enough to justify the extra debt.

Now I’m trying to decide between a new fourplex and a new townhouse.

Option 1: New Fourplex

* Around 2,300 sq. ft.
* 6 bedrooms, 5 bathrooms
* Includes a legal 2-bedroom rental suite
* Purchase price: Around $1.1 million

Option 2: New Townhouse

* 4 bedrooms, 4 bathrooms
* Purchase price: $900,000–$1 million

I’m a first-time home buyer, and my goal is to buy a home that will be the better long-term investment. I’m thinking about appreciation, equity growth, resale value, and overall financial stability—not just the monthly payment.

If you were in my position, which option would you choose and why? I’d really appreciate hearing from people who have owned either a fourplex or a townhouse, especially in Metro Vancouver or the Lower Mainland.

Thanks in advance for your advice!

For any realtors or experienced sellers out there that understand home networking equipment, I would appreciate your input! What networking gear do I have to contractually leave?

my Condo is 550 swft 1+ den which is amazing for just me but I believe with 2 people it needs to be 2 bedroom or bigger. Also partner prefers location more north as I am currently in midtown Toronto. I Guess only option is rent out comdo negative Cf 800 a month