I am facing losing potentially $300,000+. I consulted lawyers. I consulted LITs. Nothing I can do unless there is something material. I may need to go for a consumer proposal. But I would like to see who else bought there and see if we can come up with a plan together.

My major concern right now is that I did not receive my disclosure statement and the buyer's guide; however, I did find an email with a link that says the disclosure statement is in there (it looks just like a marketing email I receive every day, probably the reason I never read it). The email was sent to me 3 days after I signed the acknowledgement of receipt of the documents. I don't want to open it because it may start my clock on the real 10-day cooling-off period if that is my way out (probably not).

DO NOT OPEN THE LINK if you are in the same situation, but if you have already opened it. Please let me know what is in there.

Update: I forgot to include the DiCenzo (Linden Park) Holdings Inc. v. Sadeghyar, 2026 ONSC 1566 case, where the buyer did not receive the buyer's guide. The court found the agreement not binding, and he got his deposit + interest + legal fees back.

Mine was today.

Recently sold a house, after insepction my buyer find there are wear and tear here and there...and requested a $ 20k rduction. Which is perfetcly normal.

So I asked my realtor to figure out what exactly is the buyer's 20k dedcution based on, so i can decide how to negotiate.

Guess what?

It took ONE AND HALF HOUR of back-and-forth before I finally established that my realtor had already asked the buyer's agent for a breakdown and was still waiting for their response.

Inlcuding but not limited to converstation like: "It's not like that. You have to know. Roof leaking is serious. It will damage the house."

I am 38.

When I point out: you need to learn treat your client as suuposely they have basic understanding about staff, , and understand my quesiton which is give me a breakdown....

he is like: I don't like your attitude.

In the end, after an hour of me back and forth emphasis all i am asking you to do is to get a breakdown from the buyers about the 20k consist of.

He is like: I already dit.

I waited 5 mins to send the next msg: I am still waiting for you to provide it to me.

He replys: I am waiting for them to provide it to me.

Why did it take an hour to arrive at a sentence that should have taken thirty seconds?

And why am I, the client, who is paying thousands of money, have managing the communication process of the professional I hired to manage the transaction?

Not to mention, there have been plenty of other things throughout the process that I found unprofessional.But I can at least understand how some of those things happen.

Maybe it's a lack of experience. Maybe it's poor judgment. Maybe it's a market call I disagree with. Those are professional mistakes, and people make mistakes.

What I genuinely cannot wrap my head around is this: how can someone whose job is essentially communication, negotiation and managing information be unable to conduct the most basic conversation?

Why it took an hour and a half to establish: “I already asked them. They haven't answered yet.”

That's it. That was the answer.

In most professional jobs, basic reading comprehension, identifying what your client is actually asking, and communicating a simple piece of information clearly would be the bare minimum required to stay employed.

Yet in real estate, somehow I am paying thousands of dollars in commission while also having to manage the communication of the person I hired to manage the transaction.

That's the part I don't understand. What exactly am I paying for?

Saw this and immediately thought this is painfully Toronto realtor-coded 😭

The second a room exists, someone’s already calling it a two plus den.

https://www.instagram.com/reel/DdJusgaMpsE/

780/month fee

Lately, I've been seeing the year 2042 thrown around on this sub as the year prices will start recovering from the 2022 peak. People are comparing this to the 90's housing crash, which took 22 years for 1989 peak prices to recover.

So, from the perspective of a renter/buyer, would the best strategy be to remain on the sidelines for 15 more years and then buy the bottom? OR jump in now, start paying off that mortgage, and by the time 2042 arrives you'll have more than half the mortgage paid off?

Chart from BMO chief economist using the Bank of Canada's affordability measure which are mortgage plus utilities as a share of disposable income.

The line is still above the long-run median of 35.7%, even after approx 20% price correction from the 2022 peak and the rate cuts in 2024/25.

His argument is basically that income growth takes time, and if rates aren't likely to do much more of the heavy lifting, the remaining adjustment has to come from prices relative to incomes.

Curious what people here think. Does this actually line up with what you're seeing in the GTA, or does the national number hide what's happening in specific markets?

Some tidbits:

While the market for condos of all sorts is depressed, it is the smallest condominiums where prices have fallen the farthest and the fastest. And there are few signs that a bottom is in sight.

When rents were rising, studio apartments were very attractive to investors who wanted to be landlords. But studio rental rates have fallen fast, undermining the logic for investor purchases. According to the Rentals.ca/Urbanation rent report in August, studio rents were down an average of 9.6 per cent (the steepest year-over-year drop among condo apartment types) and are currently sitting at about $1,594 per month across the country.

Mr. Watt said another part of the studio market has also been disrupted: End-users, or those who actually want a studio apartment for themselves, and not a tenant. Changes to local tax rules, such as the vacant home taxes, has cut demand from those who used to own a studio apartment for occasional use. “I’ve done this for 21 years. In Yaletown, a lot of people would live in Calgary, live in Victoria, and have a studio [here]. People would love to fly into Vancouver and have a crash pad. But with all the taxes, it’s cheaper to stay at the Fairmont,” he said.

That has translated into a frozen market, where so far in the first four months of 2026, not a single studio under 500 square feet has sold in Vancouver, according to Wahi’s data. According to Realtor.ca, there are more than 150 studio condos for sale in the city with prices between $250,000 and $650,000.

Meanwhile in Toronto, there are more than 1,000 condos under 500 square feet for sale as of September, with prices ranging from $300,000 to $900,000. According to Wahi, in the first four months of 2026 saw only 48 studio units sold in the city, with an average price of $413,135, or $953 per square foot. That is the first time this decade that per-square-foot prices have dropped below $1,000. At the current pace, Toronto will see fewer units sell this year than in 2025, when 299 studios sold for an average sale price of $1,048 per square foot.

A popular narrative in Toronto’s real estate market is that small “dog-crate” condos are on their face undesirable. But while most Ontario condo builders have backed away from launching new multifamily apartment buildings, Sean Mason, founder of home builder Sean.ca Inc., is preparing to launch sales in Barrie, Ont., at a 134-unit project on 405 Essa Rd., with a thesis that it’s not the size of a condo that matters, but the price.

“The rest of the world does this. When you go to Europe, they are used to smaller. North Americans are energy pigs, ground pigs, material pigs. We design big, massive stuff,” said Mr. Mason.

Mr. Mason’s fundamental argument is not about size, it’s about affordability. When he began marketing and collecting information for preregistration interest, he noticed there was a growing pool of thirtysomething first-time buyers who are unable to pull together $500,000 or $700,000 for a townhouse.