The Last Honest Realtor
Welcome to The Last Honest Realtor, your exclusive, behind-the-scenes pass to the twists and turns of the Toronto real estate market. Hosted by David Fleming of Toronto Realty Group, this podcast offers an unprecedented look behind the curtain, presenting the local real estate scene with a mix of unapologetic honesty and entertaining cynicism.
David doesn’t just talk real estate—he lives it. With years of experience under his belt, he's here to share the unvarnished truth about what it really takes to buy or sell in Toronto. From the big wins to the frustrating pitfalls, get ready for a behind-the-scenes journey that promises both information and entertainment.
Whether you’re a first-time homebuyer, a seasoned investor, or just a real estate enthusiast, David's insights will equip you with the knowledge you need to navigate the market. Expect practical advice on everything from staging and junk removal to listing and making the sale.
Tune in to The Last Honest Realtor and experience Toronto real estate like never before. Be informed, be entertained, and most importantly, be ready to see the industry through the eyes of someone who can handle any challenge the market throws his way.
The Last Honest Realtor
Ep. 60 - Unpopular Opinion: The Case to Buy an Investment Condo In Toronto In 2026
In this week’s episode, David takes on one of the most divisive questions in Toronto real estate: is the current condo market a rare buying opportunity?
Examining the stalled pre-construction condo market, the federal government’s lack of a housing plan, the peak-to-trough decline in prices, and the math behind a real-life investment example, David makes a case for why resale condominiums are positioned for long-term upside, and why today’s declining condo market will set up the next condo boom five years from now.
In This Episode:
02:10 — Why Buyers Wait for the “Way Up”
05:05 — Peak Pricing and the Pre-Con Bubble
07:28 — From 2021 Frenzy to 2025 Stagnation
09:11 — Absorption Rates Collapse
11:31 — Urbanation Data & Cancellations
17:37 — Government Housing Promises Walked Back
24:25 — Doing the Math at Today’s Pricing
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