Posts: 6,590
Threads: 38
Joined: Aug 2014
Reputation:
99
Does the revised proposal need to come before City Council at some point (not that I would expect any issues of approval)?
Posts: 1,935
Threads: 102
Joined: Aug 2014
Reputation:
18
Does anyone know if sales for Young Condos has begun? If so do we know how well the sales are going?
Posts: 77
Threads: 1
Joined: Aug 2014
Reputation:
3
Sales are still in the 'friends and family' stage from what I understand.
Posts: 2,015
Threads: 11
Joined: Oct 2014
Reputation:
77
Application to committee of adjustment:
Not sure how that differs exactly from the original proposals.
Everyone move to the back of the bus and we all get home faster.
Posts: 6,590
Threads: 38
Joined: Aug 2014
Reputation:
99
That's quite a change from what was originally proposed for Phase II.
Posts: 1,935
Threads: 102
Joined: Aug 2014
Reputation:
18
Hopefully the proposed changes after approved really liking the revamped design.
Posts: 16
Threads: 0
Joined: Oct 2018
Reputation:
0
VIP sales date was finally today. Went to the showroom and I think they are going to have a very difficult time selling through 280+ units. Pricing starts in low 500/SF without parking and most units in the tower are large 2 beds priced 450k+. The amenities are pretty cool but not a good value when you compare Garment Street or even the suburb projects rolling out this month.
Posts: 10,516
Threads: 66
Joined: Sep 2014
Reputation:
332
How large are their large 2BR units? Are those also $500+/sqft?
DTK was expensive (though don't remember details) and had no parking. But their units were all on the small side, even the 2BR ones, so maybe this building can address a slightly different segment.
Posts: 16
Threads: 0
Joined: Oct 2018
Reputation:
0
2 Beds ranged from 800 - 1,150 SF I believe. When I did the math all of the were low to high 500/SF for the lowest floor available. What surprised me was the developer requirement for having a pre approval produced during your 10 day pull out period. That's going to be a deal killer right there alone
Posts: 10,516
Threads: 66
Joined: Sep 2014
Reputation:
332
$600K for 1150 sqft? That would indeed be quite expensive. And I don't think the building is particularly luxurious as compared to its competition.
Posts: 986
Threads: 4
Joined: Oct 2018
Reputation:
29
Anyone else go to the VIP sales, consider or buy a unit?