03-04-2022, 04:22 PM
(03-03-2022, 08:51 PM)tomh009 Wrote:(03-03-2022, 08:41 PM)dtkvictim Wrote: Roughly 1000sqft, though it's almost wall free which makes the space quite flexible. Obviously, condos that size exist from the 80s and 90s, but they are 1) not really being built anymore, and 2) an increasingly tiny fraction of the total housing market.
Yes ... very few 1000+ sqft units in new buildings. Some renovation-type condos (Arrow, Eaton, Kaufman) have bigger units but in new-build condo buildings those are rare.
I don't think it's that rare. Charlie West had 17 tower suites over 1000 sq ft, and another 7 in the McGillivray floors. There were also 25 units that were 970-999 sq ft, which is pretty close to 1000 sq ft.
24 units of 305 isn't a lot, but it's more than enough for demand. When they added 5 more floors, the additional floors had a new layout which split the 1000+ sq ft units into two smaller units, as the 1000+ sq ft units had been by far the slowest to sell. When I looked at the price list, months after most of the 1000+ sq ft units had been available, less than half had been sold.
IN8 just builds really tiny units. DTK was sold around the same time as Charlie West and has tiny units, while Charlie West has larger ones. We'll have to see what Momentum does with Q Condos.