Roy Bhandari

@zaneczepek Inbox

37 MEETINGS in 15 DAYS with our latest cold email system Everyone’s out here bragging about “sending 200k emails a month,” but can’t book a single buyer who isn’t on life support. Meanwhile, we did the opposite. No spam blasts. No “noticed you posted on LinkedIn 4 months ago” stalking vibes. Just cut the three habits that tank 90% of outbound: • chasing volume instead of intent • over-optimizing deliverability like it’s a religion • sending scripts that sound like a committee wrote them Once we ditched all that, the whole system snapped into place. Replies got real. Meetings snowballed. Pipeline felt illegal. It was nothing “advanced.” Just a workflow that respects people’s time and finds the ones who actually want to talk. If you want the exact setup — targeting filters, triggers, scripts, everything Comment “INBOX” + Like + Repost. (must follow for DM)

@donnelly_b Drove south down Yonge the other day. This building looks amazing all the way down

Day and night at One Delisle

Starting today, the legendary TalkCondo Data is now available directly through an API. Easily access the best pre-construction data, listings, floor plans, pdf documents and more - all through a simple API. redbricksdata.com

CANCELLED The Clove Condos, the first of a huge master plan redevelopment at Cloverdale Mall is cancelled Originally launched October 2024 at $1096/ft Achieved only 10% sales Another 600 units that won't hit the market - this one originally scheduled to complete in 2028

@FrankfortDarryl @ScrinkoCa The big question now is whether other builders will see this and follow suit and just fire sale their remaining units

@ScrinkoCa i know a lot of people that would have paid $750 per foot

Condo dev in Oakville rug pulls right before closing, reducing standing inventory from 1100 to 675psf Also a rug pull on surrounding resale, this will eat the little demand for a period Will fly though

@jeffkee @ScrinkoCa Here is the price list of the release. About 40 units.

@roybhandari @ScrinkoCa How many units were remaining / sold off?

@ScrinkoCa Smaller product mostly allocated to platinum worksheets prior to open at noon. Around 2pm yesterday they had some units remaining over 850sq ft that were open for the “zoo”

@roybhandari Yeah place was a zoo

@ScrinkoCa Another one for your collection. Post Condos in Oakville dropped prices down to $675/ft including parking and locker. We haven't seen this price in Oakville since 2017.

rescinding on this the more bulk deals I’ve tried to piece together - the incentives don’t align inventory loan on vacant units only erodes ~5% a year if you discount a 1m unit to 900k today, you net ballpark same as selling in 2 yrs at 1m if you rent the units out 1-2% a yr + hst loss devs are in the risk business so that’s an easy gamble for most to make

@ScrinkoCa It's a good question I'll try to dig deeper by looking at various price lists. This 2A model looks like it came back online between in January 2021/April 2025 so I assume it's a default. But since then they've dropped the price twice

@roybhandari Any of it Default inventory? Easy to discount to resale and net same when keeping deposits

Another project cancelled. This time Pangea by Times Group. Launched in September 2024 at $1,135/foot in Markham. Only sold 30 / 811 units.

This chart tracks the number of new condo launches per year. Just 3 high rise launches this year in a market that traditionally sees +/- 100 launches. More and more of those 2023 launches started to turn to cancellations (green bar) ⬇️ number of new launches ⬆️ cancellations

Getting word of another project cancellation. This time the Leaside by Emblem. Originally launched in June 2023 at $1,520/ft 241 units across two buildings.

Without Investors, there is no High-Rise New Condominium Market! On TUC 83, @roybhandari of @TalkCondo says pre-con investors were effectively financing new condo projects. #ToRE #Development #Toronto #GTA #DoesRoyLikeHashtags patreon.com/posts/pre-cons…

Who are Toronto's condo investors? I open the black box on Episode 83 of the Toronto Under Construction podcast with @roybhandari & @BrianPersaud Foreigners, Assignments & Everything Pre-Con! #ToRE #HighRise 🏗️🌆 Sponsored by BCGi Executive Search podcasts.apple.com/ca/podcast/epi…

Today we’re rolling out the PRO Map. A cheat code for pre-con research. -Quickly filter to find the exact projects you’re looking for -Customize to see the exact data you need -Download or share your reports It’s the most powerful way to easily research pre-con data

@PJKlawyer @SteveSaretsky Here is the one showing the number of new launches this year relative to previous years, and their current construction status

New condo completions in the GTA are heading to ZERO by 2030 as the pre sale market crumbles and housing starts evaporate. This is wild !!

@SteveSaretsky Thanks for the share!

@InklessPW Not starts. High rise under construction with completions or expected completions in 2024.

Anyone paying attention knows that condo completions in the GTA are going to fall off a cliff. The drop is even more stark when you take out projects that have not yet started construction. With slower sales, these projects may get delayed or never start.