Weber Yards (1333 Weber St E) (nee Elevate Condos) | 15, 15, 12 & 12 fl | U/C

[tomh009]

I am no expert in this. Would this offer for sale be something that a number of developers would want to jump in on ?  Is there money to be made considering a number of the units are already in locked contracts of purchase ?  It will be very interesting.

I guess the upside is, building permits are already in place, drawings in place, construction n place...  I fear the new contractor may have to pay the vendors up front until there is some trust built up.

I expect there is an opportunity there. How good it is, it's impossible to judge without the details.

The new vendor's payment terms will surely be based on that vendor's financial stability and credit history rather than tying it to the specific building.