11-06-2017, 01:11 PM
(11-02-2017, 05:24 PM)tomh009 Wrote:(11-02-2017, 10:47 AM)Watdot Wrote: Prices "starting" at 279,900 and no mention of condo fees.
$279,900 was for a 630, 633 or 638 sq ft one-bedroom unit (three different floorplans at the same price).
This is what the price list says about condo fees. $0.43 seems pretty realistic, especially as water is not included and there is an extra $55/month for HVAC.
Quote:Maintenance Fees
$0.43/sq.ft. of interior area. Includes heating, central air, and common area maintenance. Additional maintenance fees for parking $35.00 and HVAC $54.99 respectively. Hydro and water will be metered separately.
Storage locker $5,000 extra, parking $40,000+ extra.
I think that last bit is an important distinction. That 279,900 turns into $324,900 when compared against anything else local (all with one parking unit at minimum). 1 bed units in that square footage are selling in the $330-$340 K range at some existing newer condos in the region today. Move in ready always commands a premium though and had this building gone to general sales prices would have have $20K-$30K higher. This was market priced.