Is Toronto Real Estate on the Brink of a Transformation?
Steve Tabrizi sits down with powerhouse developer and architect Layal Ibrahimie, founder of 3rilo Inc., to unpack the truth behind construction costs, developer struggles, and the future of building in the GTA.
From navigating sky-high development costs to calling out amateur developers, Layal offers an unfiltered behind-the-scenes look at how and why the condo market has shifted — and what savvy buyers and investors should be watching for.
Whether you’re a real estate agent, investor, or just trying to understand why that pre-con unit is $1,700/sqft, this episode delivers the clarity the industry’s been missing.
Listen For:
2:41 What’s really happening with developers in the GTA today?
5:11 Why do so many new developers fail?
7:20 How much does it actually cost to build in Toronto?
9:27 How are these massive real estate projects financed?
15:08 What reform does the real estate development industry need?
Connect with Layal Ebrahimi, Founder & Principal Consultant at 3rilo Inc. | Architect | Project Manager | Construction Estimator
Website | 3rilo Inc. Instagram | Facebook
Connect with Steve Tabrizi, Chief Operating Officer/Owner | Broker/Owner at RE/MAX Hallmark®
Website | LinkedIn | Instagram | Email
