+- Waterloo Region Connected (https://www.waterlooregionconnected.com)
+-- Forum: Land Development and Real Estate (https://www.waterlooregionconnected.com/forumdisplay.php?fid=4)
+--- Forum: Urban Areas (https://www.waterlooregionconnected.com/forumdisplay.php?fid=5)
+--- Thread: Condo living in Waterloo Region (/showthread.php?tid=1369)
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - panamaniac - 01-18-2019
(01-18-2019, 03:52 PM)Momo26 Wrote: I'd be curious to know the monthly condo fees are in Waterpark place...
There's an ad on-line for a 2bd 2bth, 1400sqft unit on the fourth floor that had a condo fee of $640, so not bad for a building that age, istm.
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - tomh009 - 01-18-2019
(01-18-2019, 04:01 PM)BrianT Wrote:(01-18-2019, 03:52 PM)Momo26 Wrote: I'd be curious to know the monthly condo fees are in Waterpark place...
$650+ for a 2BR 2BA unit.
The key number is $0.55 -- the cost per sqft per month. That's not too bad given that the building has an indoor pool (not cheap to run) although I don't think they have a concierge/24h security. Not sure whether their electric heating is included or not.
Without a pool or concierge, a well-run recent building in this region will likely have condo fees in in the $0.45-0.50 range (new builds are usually lower but the fees will reset once the condo corporation does its first reserve fund study).
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - taylortbb - 01-18-2019
(01-18-2019, 11:25 AM)Spokes Wrote: Wow. That's not where I expected to see $1 million units thats for sure.
The penthouse units at 1 Victoria were around the $1m mark. Four of them, ranging from 1900 sq ft to 2200 sq ft, the smaller end being under $1m and the larger over $1m. Those prices are for the ones that sold after completion, a couple years ago, don't know what pre-construction pricing was.
Given the general uplift in the market, I'd say this means they're hoping the Waterpark penthouse is just as valuable. Must be a massive unit, or very nicely renovated, if that's true.
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - Spokes - 01-18-2019
(01-18-2019, 06:50 PM)taylortbb Wrote:(01-18-2019, 11:25 AM)Spokes Wrote: Wow. That's not where I expected to see $1 million units thats for sure.
The penthouse units at 1 Victoria were around the $1m mark. Four of them, ranging from 1900 sq ft to 2200 sq ft, the smaller end being under $1m and the larger over $1m. Those prices are for the ones that sold after completion, a couple years ago, don't know what pre-construction pricing was.
Given the general uplift in the market, I'd say this means they're hoping the Waterpark penthouse is just as valuable. Must be a massive unit, or very nicely renovated, if that's true.
That's what I mean though. 1 Vic wouldn't surprise me. An older building like Waterpark surprised me.
Condo living in Waterloo Region - tomh009 - 01-18-2019
(01-18-2019, 09:30 PM)Spokes Wrote:(01-18-2019, 06:50 PM)taylortbb Wrote: The penthouse units at 1 Victoria were around the $1m mark. Four of them, ranging from 1900 sq ft to 2200 sq ft, the smaller end being under $1m and the larger over $1m. Those prices are for the ones that sold after completion, a couple years ago, don't know what pre-construction pricing was.
Given the general uplift in the market, I'd say this means they're hoping the Waterpark penthouse is just as valuable. Must be a massive unit, or very nicely renovated, if that's true.
That's what I mean though. 1 Vic wouldn't surprise me. An older building like Waterpark surprised me.
1 Victoria isn't really a high-end building, though. It's new and it's nice, but that's really it. If I were paying $1M for a unit, I would want to have very nice common areas, too. And I think that's why they had trouble (at 1 Victoria) selling two floors' worth of penthouse units for between $500K and $1M.
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - Momo26 - 01-19-2019
Insofar as amenities are concerned, what does 1 Victoria have?
On a side, from what I've heard it's often the indoor pool and lower-than-they-should-have-been condo fees at inception that drive the jump up at reserve fund study time.
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - panamaniac - 01-19-2019
Time for a "general condo conversation" thread?
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - Momo26 - 01-19-2019
Possibly..or just the thread evolve as it will, such is the nature of the interwebz :p
RE: Station Park (née SIXO) | 28 + 20? + 12? + ? fl | Proposed - tomh009 - 01-19-2019
(01-19-2019, 11:07 AM)panamaniac Wrote: Time for a "general condo conversation" thread?
I'll get that done. I had been thinking the same thing ...
RE: Condo living in Waterloo Region - Momo26 - 01-22-2019
Someone was asking about the 'highest-end condo' in K-W and there were a few suggestions/opinions. Well, in terms of pricing for new, namely largely, condos, looks like Caroline St. Private Residences is up there, if not the most expensive. From what remains currently on sale by developer, 2 bedroom Penthouse, 1645 interior square feet, $974.9k and $999.9k for one floor above that, identical unit.
Now that's penthouse. In the regular tower, 2bd+den 967sqft $469.9k which to be fair seems competitive for K-W from a $/sqft point of view.
The units are surely to be nicely appointed w/ finishes.
RE: Condo living in Waterloo Region - tomh009 - 01-22-2019
(01-22-2019, 03:43 PM)Momo26 Wrote: The units are surely to be nicely appointed w/ finishes.
Nice units are nice. But at $500K+ for a condo, I would expect very nicely finished common areas as well. 144 Park is nice in that regard, but I don't know yet what CPR will look like.
RE: City Centre/Young Condominiums | 67 & 46 m | 17 & 12 fl | U/C - Momo26 - 01-31-2019
Amazing how one developer can get it done so much better/faster over another.
RE: City Centre/Young Condominiums | 67 & 46 m | 17 & 12 fl | U/C - Spokes - 01-31-2019
It's true. There is one developer I have surpreme confidence in. There are a few I have none.
RE: City Centre/Young Condominiums | 67 & 46 m | 17 & 12 fl | U/C - Momo26 - 01-31-2019
Alright now in curious, which do you have supreme confidence in? Momentum?
RE: City Centre/Young Condominiums | 67 & 46 m | 17 & 12 fl | U/C - Spokes - 01-31-2019
Momentum. Yup. Between project ideas, design, sales, locations, construction, they're killing it.