Leda Oymakas, 42, manager of Moissanites by Livia; and her husband, Aret Oymakas, 46, owner of Livia Diamonds.In 2012, Aret and Leda bought a four-bed, four-bath detached in Thornhill for $833,000, then moved in with their three-year-old daughter, Olivia.
Aret and Leda loved their neighbourhood. It had forested trails for nature walks and a family-friendly vibe, with lots of kids around Olivia’s age. So, in March 2021, instead of spending the estimated $100,000 needed to upgrade the bathrooms and do other repairs, they decided to sell their place and, taking advantage of low mortgage rates, purchase a home along the Yonge subway line.
On March 16, Aret and Leda bought a six-bed, four-bath detached in Willowdale West, only a 10-minute walk from Finch station, from which they could take a 35-minute subway ride to work. But in order to meet their mortgage conditions, the Oymakases needed to sell their Thornhill home before the end of May.For all the latest on Toronto, subscribe to This CityWe won’t ever use your email address for anything elseAret and Leda were hoping to get roughly $1.
I see as loss of 400k. Could have sold over 2m this year.
Now moving to Halifax to buy a home twice that size on the water with cash in their pockets! Well played! 👍🏽
Who gives a shit? Honestly BlogTO, you're part of the real estate bubble problem by constantly posting all these click bait articles.
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