I don't understand?
This 1+den in the building seems to be priced ok @ $369k for 667sf ($553psf)
https://www.realtor.ca/Residential/Single-Family/16855909/504---159-DUNDAS-ST-E-Toronto-Ontario-M5B1E4-Church-Yonge-Corridor
Hypothetically, if a building is about to close and time is of the essence, if someone makes an unconditional offer on an assignment (where the development fees are capped), is a laywer even necessary? Since no title exists yet?
So I'm thinking $550 per square foot is more reasonable for this building? Given the lower-quality envelope compared to Charlie (the most similar project to this) and non-full-height window wall. And the fact it'll be a noisy student ghetto.
I'm new to all this and about to make an offer on a $400K condo. Assuming $80K downpayment, how much money do I really need to set aside for all of this? Do you even recommend 20% down, given the low interest rates? Coworkers are telling me to just put 5-10% if possible and invest the rest in...
Right now there are 32 listings in this building, a bunch of them from 2-3 months ago. The unit I thought was the best deal (per square foot wise, and also in terms of the view/height/layout), has been on the market for 59 days. Is that a bad sign?
I noticed that the entry doors to the units all rattled when pushed, and felt very hollow/lightweight/not sound-proof. Compared to the few suburban condo buildings I've been to, the front door and millwork seem cheap. The walls felt like they were made of foam. Kinda annoyed by all the...
I'm thinking of buying the SW corner 1 bedroom unit on the 25th floor. $379K for 619sf. Seems like a slighty better deal than other units in this building, but I just visited the unit the yesterday and the quality of construction seems sub par. The view is terrific (direct view into Dundas...
What? Who doesn't like walk-in closets and large terraces?? Considering the number of 850sf 2-bedroom bowling alley units out there, any corner unit with over 70 feet of glazing like this one can be made to work. It's as close as it gets to living in an expansive house. This layout looks...
Yeah, not sure why the fees are so high. But at $518psf, it seems like a decent deal, right? If I'm looking for somewhere slightly closer to ttc, maybe by a few blocks, is it reasonable to expect to pay $550psf for a slightly smaller place?
@ $429K, This seems like a good deal to me, but it's in Regent Park... thoughts?
https://www.realtor.ca/Residential/Single-Family/16713382/1001---25-COLE-ST-Toronto-Ontario-M5A4M3-Regent-Park
floorplan:
http://i.imgur.com/42MujgM.png
It won't solve the awkward coat closet issue, but 2.5 baths for a 2 bedroom seems rich, and maybe you might want to forgo the powder room for a bigger living space and light at the end of the entry hall:
History (most recently the US housing collapse/recovery) shows that property appreciation averages 5% a year over the long term, hence the true value should be about 75% higher than the price at the start of the boom circa 2003-04. A 600sf unit in downtown Toronto was worth $180K in back then...
Definitely the first option because of the fact it isn't a shoebox. It gets 3 times as much window/light as the others.
If it's preconstruction, I would see if an eat-in kitchen is possible:
$10K extra you mean? A single integrated fridge by Bosch/Miele seems to be in the $10k range already... maybe lower prices are available through dealers? I have no idea how much a "typical" condo kitchen costs in comparison. If it's $10K, I wouldn't mind spending twice that for integrated...
Not sure if it's worth it on say a $400K/700sf condo, but I'm curious what the premium is for something like in the below pic, vs mid-range stainless steel appliances, vs the basic black appliances on older condos.