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OTIS | 7 fl | Proposed
#76
(06-19-2019, 08:28 AM)panamaniac Wrote: Shopify folk would be much more likely to buy in Waterloo than in Kitchener, no?

Why ?  LRT will get them to work..
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#77
(06-19-2019, 08:33 AM)Rainrider22 Wrote:
(06-19-2019, 08:28 AM)panamaniac Wrote: Shopify folk would be much more likely to buy in Waterloo than in Kitchener, no?

Why ?  LRT will get them to work..

Well, I don't want to be controversial, it may be different for the younger generation, and I don't agree with it, but it's not very common to hear about someone living in working in Waterloo and then moving to Kitchener.  Most Waterloo residents I know find ways to emphasize how seldom they go to DTK.
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#78
(06-19-2019, 08:38 AM)panamaniac Wrote:
(06-19-2019, 08:33 AM)Rainrider22 Wrote: Why ?  LRT will get them to work..

Well, I don't want to be controversial, it may be different for the younger generation, and I don't agree with it, but it's not very common to hear about someone living in working in Waterloo and then moving to Kitchener.  Most Waterloo residents I know find ways to emphasize how seldom they go to DTK.

Yes, I understand and you are not wrong, but the new people moving into the region for jobs don't subscribe to those same opinions.  Only people born and raised in Waterloo do. Additionally, I am sooo tired of the DTK negative comments.  It is becoming a lively vibrant area.   The people that are moving in and building there get it.  It is becoming the most sought after area to move to.
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#79
Yeah, I think it's a pretty outdated opinion.
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#80
(06-19-2019, 08:28 AM)panamaniac Wrote: Shopify folk would be much more likely to buy in Waterloo than in Kitchener, no?

Downtown to uptown isn't a very long commute, especially with ION, and the number of condo projects to choose from downtown is a lot higher. I'm sure it's a factor in uptown's favour, but I wouldn't go to "much more likely".

As to people being Waterloo pretentious, as a 20-something techie, most people I know prefer downtown over uptown. A number of people I know have made the move, myself included. Downtown Kitchener is seen as tech central.

I also just used Shopify as one example, the same dynamic has played out with Google and other downtown employers. Uptown is pretty much just Shopify, while downtown has Google, Square, Netsuite, etc.
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#81
Our building (in DTK) has a lot of people who work in Waterloo, including Shopify. And UW.
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#82
(06-18-2019, 11:00 PM)jeffster Wrote:
(06-02-2019, 11:05 AM)Spokes Wrote: Those are insane prices for that location

I am more impressed that there are people that can afford and want to live in that type of setting. I am wondering how much a detached home would go in that area -- mind you, you don't often see 'For Sale' signs.

I think $500-700K for a detached home in the Victoria Park area is a reasonable estimate. Friends bought a house recently about 100m from the park, and paid over $600K.
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#83
A piece in the Record describes this as the highest-priced condo in the Region ($625/sqft). No indication of a start date, but the interesting news that there will be a 2,000 sqft space in the basement that Litt would like to see turned into a live music venue or a wine bar.

https://www.therecord.com/news-story/944...-be-built/
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