04-14-2016, 11:26 AM
(04-14-2016, 10:24 AM)panamaniac Wrote:(04-14-2016, 10:05 AM)519 Wrote: According to the latest newsletter from Momentum, the OMB hearing concluded near the end of February. A decision is expected in the spring (soon?).
Tower 1 is over 90% sold.
Tower 2 is nearly 70% sold.
That is impressive. Safe to assume these are mostly being sold to investors to be rental units?
I'm not sure why that would be the case for "most" units. Certainly there are 1 Victoria and City Centre units for rent on Kijiji, but based on the number of listings compared to the size of the building, most of them are likely occupied by their owners. Is there a reason why 100 Victoria should be mostly of interest for investors?