11-05-2018, 11:40 AM
(11-05-2018, 11:21 AM)danbrotherston Wrote:(11-05-2018, 10:29 AM)Watdot Wrote: Saw a price list and they definitely will be able to get buyers who are just trying to enter the market now. For 500 something sq ft of inside living space, the pricing was in the $200's. I believe condo fees were 40cents a sq ft. There are a variety of units ranging from one bedroom to three bedroom. If I remember correctly, nothing exceeded 1200 something sq ft of inside living space and nothing was priced over $500k. Not sure about 80% sold, would expect to see that promoted on one of their sites or their seller's (condo culture). Nevertheless, the location actually is not bad. Once the LRT is up and running and bus routes are reorganized, it will take 5 minutes to get to the mall (Conestoga Mall LRT station) by bus right outside the door. You could also walk to the mall in probably 15 minutes from that location. In addition, beer is available right across the street at Innocente Brewery! A significant amenity for some people.
See, I never understood there, there are 2 bedroom, 1200 sqft units with separate garage in my building one block from an LRT station that are completely renovated to brand new condition, which cannot sell at 300k.
Condo fees are a fair bit higher, but I still cannot understand why someone would buy in a new building, they seem seriously overpriced
That's shocking to me.
Condo fees scare a lot of people off though.