07-09-2020, 05:22 PM
(07-09-2020, 03:20 PM)tomh009 Wrote:Expect that last one to attract official attention if wealthy condo owners move in across the street.(07-09-2020, 02:22 PM)jeffster Wrote: 2400 sf is large. That’s a lot of space for a lot of things. As for $800k condos, sure. There are a lot of people with money, and this is a great location.
Correct. And the view would be good.
However, they do have some challenges with selling a $1.3M unit at OTIS:
- Very limited building amenities (as compared to other high-end buildings)
- Building completely surrounded by rental properties ($1.3M buyer might expect otherwise)
- Balcony overlooks the park washroom area (a favoured spot for recreational drug use)