Jeremiah Shamess | Toronto Land & Building Sales
@JShamess
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Follow me for Canadian Commercial Real Estate info. I sell buildings & development land. Lead @ColliersCanada Private Capital. $2.173 Billion sold (212 sales)
Toronto & Hamilton
Joined March 2009
How Does Seller Financing Transaction work? STB: Seller take back mortgage or better known as a VTB I'm going to show a breakdown but let's start with a few upfront assumptions. 1. I am not an accountant 2. This is for illustration only to show how the numbers work, this is
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Thanks @JShamess for coming on the show! What is going on in the Commercial Real Estate space? Watch: https://t.co/AgQsVBfv7F Spotify: https://t.co/O4cHKPMVYX Apple: https://t.co/vugtc6B2IX
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Happy this brought Canada together! 🇨🇦
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Broken bat. Broken dreams. Still proud of this city. What a ride.
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@BenRabidoux Also stats by @Urbanation
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Thank you @BenRabidoux for the chart. Also, to be clear the 20,000 condo rental leases in Q3 is for GTHA
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Trey Yesavage wasn’t the only one making records in October. Because Toronto Area just hit a new record for total leases in Q3 2025: 20,000 condo rental leases in 3 months! The true bright spot with the sales market dead but the rental market on fire!
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Today is not easy to sell development land, but we sold a mid-rise site on transit and there are 4 reasons to build today: 1. Development land can be purchased at 40-60% discounts from the high point in the market 2. Construction costs are down 25-45% depending on built form
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First we shape our buildings; thereafter, they shape us. A quote by Winston Churchill From my trip to Vienna at Thanksgiving.
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Toronto stepping up and thinking ahead. Well done.
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There’s nothing more Toronto than refusing to finish the main highway into the Rogers centre when the world is visiting Toronto. PS it’s scheduled to open in 3 days
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What part of the cycle would it be when @daniel_foch and I list the primary residence of a developer that were collateral security for development site?
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A great example of the pragmatic process of how development taxes increased home prices. 1. Every time the city raised DCs, myself and all the developers reset our financial models to include the extra costs when valuing land to build 2. The reset would be single handily
Home prices in Toronto are not higher than Winnipeg because of development fees. Development fees have ZERO impact on what a typical buyer is willing to spend on a home. They only impact the price a builder needs to sell at to make a profit.
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While everyone is talking about how broken the condo market is, we quietly forget: A record high 30,951 condo leases were signed during the first half of 2025 Toronto is still a beast in absorption Rents have lowered 4.5% from 2024 But rents are up 6.2% over the past 3 years
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TORONTO IS GOING TO THE WORLD SERIES!!!
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Did our federal government just attempt to destroy the architectural & design industry? A deep misunderstanding of how to get homes built and have more affordable housing. Meanwhile, cities still tax new housing by 25-30% depending on type of product and area.
Canada’s new government just released the Housing Design Catalogue. It has 50 standardised housing designs that builders will use to streamline approvals, cut through red tape, and get millions more homes built, faster.
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Will prices rise? Will rents rise? And who should you trust? My latest @nexthome_ca article on supply & demand w/ insights from @JShamess
https://t.co/kvlHhYQE9o
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For those from Toronto. Double good news this morning. Gardiner is completed. Should open any day. JAYS WIN! Yes we all know but worth saying again.
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