Toronto is way out of control .....Think about it wages are not changing, yet the home prices are skyrocketing....any single family home in TO is 1 million min.... unless everyone in Toronto is a millionaire these days and making $250k plus its just a big credit bubble....I sold my house at Bayview and Steeles for $1.2 million and it was average at best....The house in my eyes should have been worth $400KI currently reside in a exec townhouse in Richmond Hill which I bought for $300k and is now $900K its nuts ...predicting the correction impossible....play safe in these crazy times...my guess is 30% over valued.....FYI in 2008 i bought a $400K Condo in Las Vegas for $125k so the corrections can be severe.....people in Toronto think it will never happen.....lets seeJust my 2 cents...:)

After a year's worth of work, we are currently coasting and enjoying the fruits of our labor. 

Waiting for seasoning can give you wrinkles when you're building a portfolio.Once you've gotten back your investment nut would you be using it to finance the next deal (I assume you would)?

I am a man of faith, I believe in God, I believe Jesus is my Lord and Savior...and I believe we all have a purpose in the earth, to help each other be the best we can be in all areas of our lives.Sorry to be going off topic and rambling, but in a nut shell, this is who i am..be blessed

Obviously, competition up here may be vastly different from different NFL stadiums' surrounding areas since GB fans are nuts.

Keep it up and eventually you will see the fruits of your labor, but you have to be persistent and consistent!

I have a rental in TC and would agree with you that the market is nuts up there!

Be it yellow letters, custom postcards, etc. it seems that this tactic of REI marketing is alive and fruitful here in CO.

But I like your spirit and you will no doubt find some niche.. just don't underestimate those HML who have been doing it for years they are tough nuts to crack or their clients are is more like it.I was out today with one of my long time Real Estate broker associates we have been doing business for 10 to 15 years not lender borrower but he brings me lots and sells some of my homes. 

People in those markets know what saves water already and have implemented the low hanging fruit.