06-10-2025, 11:59 AM
Wow wow @ that studio: $2,136/sqft. 1bed $1814/sqft another 1 bed $2,098/sqft. Even if there was 5% off for VIP 'friends' pricing, this is absolute bat shit peak downtown Toronto pricing. Not even just any, Yorkville luxury building pricing.
So what I heard about THIS building is RBC gave blanket pre-approvals at the purchase price (vs having to get re-appraised at closing). Even still, it makes more financial sense to walk away and lose your deposit. 15% deposits I'm assuming?
The risk is the developer sues you for the full closing price! It's happening...
So what I heard about THIS building is RBC gave blanket pre-approvals at the purchase price (vs having to get re-appraised at closing). Even still, it makes more financial sense to walk away and lose your deposit. 15% deposits I'm assuming?
The risk is the developer sues you for the full closing price! It's happening...

