TEK Tower (30 Francis) | 45 fl | U/C

[nms]

When is occupancy poised on this one again?

And with condos continuing to slide, even if this one had blanket approvals at purchase time, how will buyers deal with the reality that the price per sqft they paid is anywhere from 50 to 100% more than the going rate in other, new(er) buildings in DTK (with similar amenities)?

If they purchased a unit and planned to live there while paying the mortgage, then they will be fine unless they try to sell and move elsewhere.

If they purchased a unit and expected to either flip it right away, or to rent it out at a price that covers the mortgage, they may be out of luck.

If they purchased a unit and counted on renting it to Conestoga College students, they may be out of luck.