04-11-2018, 09:21 AM
An appropriate development for this location. Once this is built and there's further developments explored (due to the fact that it will be the Region's central transportation hub), any resident approached to sell should give strong consideration and work alongside their neighbours. Since Northdale was mentioned, some property owners cashed out with ridiculous money for their small and often rundown home/property. Others held and developments were built right around them, capping their future. No corporation is going to pay inflated prices for a lot they can get maybe 10 parking spots out of or a green space for residents/employees. In fact they will expect a discount, at or below market value. It's a fight that simply cannot be won by individual home owners.
Example: WLU paid $590,000 for the 1,233 square-foot home and the 0.07 hectare (0.17 acre) rectangular piece of land at 46 Bricker Ave. The final sale price is about 40 per cent lower than the $960,000 asking price.
Example: WLU paid $590,000 for the 1,233 square-foot home and the 0.07 hectare (0.17 acre) rectangular piece of land at 46 Bricker Ave. The final sale price is about 40 per cent lower than the $960,000 asking price.