TEK Tower (30 Francis) | 45 fl | U/C

[CP42]

A huge percentage of pre-con buyers are investors, we all know this. The real question I think that we should ask is, are the rents going to be too expensive for the local market if investors are buying at these prices. For instance how can anyone expect to recoup their investment at DTK when the units are small are the prices are huge. People just won't rent there.

I agree. I have a feeling a lot of DTK owners will try to charge rents that may be over current market rents, given their lack of local knowledge, but local renters will be comparing to cheaper options here and simply not rent there. We will have to see!