Caroline St Private Residences | 22 fl | Complete

[tomh009]

A million bucks eh...  that better be one heck of a penthouse... million dollar homes around here are pretty fantastic.

Mmmmm ... there are a fair number of $1M+ houses in the region now.  And I recall the biggest penthouse at 1 Victoria was $900K+.

[BuildingScout]

Mmmmm ... there are a fair number of $1M+ houses in the region now.  And I recall the biggest penthouse at 1 Victoria was $900K+.

So were some of the penthouses in Grand Westmount.

[ookpik]

And yet a couple of years ago the proposed condo at King and William in Waterloo that was supposed to be all $million+ suites folded before it got off the ground.

[notmyfriends]

My house is in the general area, is 3000sq ft, completely renovated, and on a half acre, and it wouldn't go for over a mil... plus it wouldn't have the obvious $1000+ a month condo fees to boot. Condo prices in this area don't make the most sense, at least to me. But then, I'm not the target market I would assume.

[tomh009]

My house is in the general area, is 3000sq ft, completely renovated, and on a half acre, and it wouldn't go for over a mil... plus it wouldn't have the obvious $1000+ a month condo fees to boot.  Condo prices in this area don't make the most sense, at least to me.  But then, I'm not the target market I would assume.

Take a look at the prices being charged by Millla (I think) for the houses on Regal Court in Erbsville.  Those don't make sense to me, either.

And a 3000 sq ft house will have costs as well, the condo fee is not all incremental.  I did the math before we decided to move, and looking at long-term maintenance and utility costs, it was well over $500/month, and that's with low utilities usage and us taking care of the lawn and driveway itself.

[notmyfriends]

My house is in the general area, is 3000sq ft, completely renovated, and on a half acre, and it wouldn't go for over a mil... plus it wouldn't have the obvious $1000+ a month condo fees to boot.  Condo prices in this area don't make the most sense, at least to me.  But then, I'm not the target market I would assume.

Take a look at the prices being charged by Millla (I think) for the houses on Regal Court in Erbsville.  Those don't make sense to me, either.

And a 3000 sq ft house will have costs as well, the condo fee is not all incremental.  I did the math before we decided to move, and looking at long-term maintenance and utility costs, it was well over $500/month, and that's with low utilities usage and us taking care of the lawn and driveway itself.

I believe I covered everything you are saying here in my last sentence.

[tomh009]

If you covered it, then I didn't understand it. Your post implied that the condo would have $1000/month in additional costs, which is simply not the case. If that's not what you meant, then I apologize for misunderstanding. The monthly cost of a condo and a house are not radically different (assuming the condo doesn't have a 24h concierge).

[notmyfriends]

I'm not the target market. You're right, it's not that far off in cost. Except that 3000 sq ft and a half acre vs 1800 sq ft maybe that this building penthouse will have at a mil or so is just not comparable - to someone like me, who is not the target market.

[tomh009]

I'm not the target market.  You're right, it's not that far off in cost.  Except that 3000 sq ft and a half acre vs 1800 sq ft maybe that this building penthouse will have at a mil or so is just not comparable - to someone like me, who is not the target market.

It's very much a different lifestyle.  We gave up 1400 sq ft of living space and 1/3 acre of lot, and the condo cost only 20% less -- and yet I don't regret giving it up at all.  (OK, I do miss having storage space, but I can deal with that.)

The good thing is that we'll have different options for different people.

[zanate]

More like perched on the Iron Horse trailhead, amirite? #oldwounds

Also, I'm dubious that this is an actual picture of the actual Iron Horse Trail. Actually.

[jamincan]

Isn't there a gravel section south of Victoria?

[clasher]

Isn't there a gravel section south of Victoria?

The small section that branches off just south of Courtland & Stirling is gravel. That photo just looks like something shot for a stock image site to me.

I found this image on NPR's site with the help of tinyeye so who knows where it really came from.

[jamincan]

Reverse image search with Google confirms: http://www.istockphoto.com/ca/photo/yell...st=ac45ebf

[notmyfriends]

I'm impressed they took the time to Photoshop double the guy in the picture to make the trail seem more used.

[clasher]

LOL gotta get up pretty early to fool WRC