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Hello I hope all is well. As I mentioned some weeks ago our condo was bought by a large rental company and will be converted to apartments. As such I’ve been looking for a new condo to live in in Wikwentowin. I have placed offers on eight places at or above asking and have been out bid each time. The real estate agent advises that some of these places received multiple offers and some within two or three days of going on the market. I’m not sure what’s going on but it seems the condo market is quite robust these days based on what I am experiencing.
 
Hello I hope all is well. As I mentioned some weeks ago our condo was bought by a large rental company and will be converted to apartments. As such I’ve been looking for a new condo to live in in Wikwentowin. I have placed offers on eight places at or above asking and have been out bid each time. The real estate agent advises that some of these places received multiple offers and some within two or three days of going on the market. I’m not sure what’s going on but it seems the condo market is quite robust these days based on what I am experiencing.

Here's hoping, but prices are still ~20-30% off pre-COVID so it's basically dollar store values.
 
Removing Garneau would have been absurd.

I'm surprised that the Bonnie Doon, Strathearn, Hollyrood stretch of the Valley Line wasn't identified as a priority area as well...
It was actually just one specific avenue in Garneau. Bonnie Doon is definitely a good contender IMO, big lots with run-down houses on top.
 

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Was there a enacted policy that was supposed to limit new areas like this until currently approved greenfield areas have reached a certain level of completion? Hasn't seemed to prohibit further growth with new areas like this and Marquis (Northeast).
 
Not really wrong though, unless you bought a 'starter' home outside of Toronto and the 905 in 2019 and sold it 5 years later in 2024...

In Edmonton, there's a good chance you might make a little bit if you bought something for cheap and resold over the same timeframe, but if it was a condo, no chance.
 

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