Station Park | 18, 28, 36, 40, 50 fl | U/C

[taylortbb]

Then I'll 99% guarantee it gets delayed. How much? Can't say. But with condos, especially on the lower floors, final tentative rarely becomes final firm without at least a little delay.

Occupancy != financial close. The first move-ins will almost certainly be interim occupancy, where you effectively pay rent to the builder but not a mortgage. The interim occupancy fees aren't allowed to be profitable to the builder, they're exactly property taxes + condo fees + interest-only mortgage. So you're right a builder has an incentive to close quicker, but there isn't really much incentive to get interim occupancy sooner. It does probably save them some interest costs, but it also makes all the work they're doing more expensive as they have to work around occupied areas.

I’m on one of the top floors of tower 1 and also was given a September final occupancy date, albeit a week or so after those on the lower floors. Since my unit is on one of the upper floors I assumed there wouldn’t be a long interim occupancy period, as I believed they can register/close once a significant majority of units has been occupied. Unless the process is held up by some bureaucratic red tape?

Hard to say. I bought at Charlie West, and as I was on an upper floor I had no interim occupancy period. But at Charlie West the delay between first and final occupancy was 7 months, not 1 week. The very first units had about 4.5 of months of interim occupancy.

Van Mar seems to be doing things very differently from Momentum, so while I standby my expectation there will be some delay, I really can't say anything about how long. I'm curious how much ability to customize did you get? Momentum offers a ton, I think had to make 50+ different choices at my selection appointment, most with 5+ options. So likely no two units at Charlie West are the same, which may factor into why there's such a huge difference in unit completions. Some of the options, like paint colour, don't make a huge difference, but I had 4 different options for ceiling lighting layout which would require running significantly different wiring.