Bottom line is, you do need to be more of a sophisticated investor to navigate the GTA.

I use Philip Milman of Milman & Company - they work with a number of investors I know in Toronto, and were referred to me by an investor.George and Peter at BDO are renowned, but their fees are quite high (I recall my consult was $500+) and I am simply not at that level of sophistication to justify the fees.

Some are still gun shy after 2008.You can get some good deals with credit unions, but their level of sophistication is sub-par to a bank (typically).If you move into commercial real estate investing - go to a bank first.Feel free to reach out to me if you have any further questions.

You have to have both a buyer and a seller that are both willing and able to close in order to create a transaction, and price and terms are the market mechanisms for equalizing supply and demand to create transactions across a market of buyers and sellers ... inefficiencies can occur when there are distortions in the market that limit the number of buyers or sellers or otherwise creates an inequality between buyers and sellers that cannot be easily resolved by the usual market mechanisms of price and terms.Inefficiencies can have a dark side, as eluded to in comments above ... if an inefficiency is artificially created so that a more sophisticated operator can rip off a less sophisticated, weaker, and/or desperate person, that may be profitable and even legal, but can also be morally appalling IMO ... this never gets discussed in polite conversation here on BP but think it is important to understand.

'Sophistication' overdone will create more headaches than they are worth.  

I am assuming this is a first and only position and a low loan to value. if it is a high LTV, this could make it very difficult to sell to a sophisticated investor.But hey....

mod=dist_smartbriefMaybe they can create derivatives and resell to the more sophisticated investors...

It's one of the most unimportant things sophisticated investors looks at.

As to the big boys, they usually will have sophisticated accounting systems and operate in the best practice mode, so I'd say if they can, they all ready do.

Most deals from these companies are also out of state, and I'm not a big fan of doing that unless you're a VERY sophisticated investor.