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To an extent I can appreciate what's going on east of spadina, though personally the SkyDome is a monolithic eyesore and symbolic of 80s excess. However, the western lands are, in my opinion, just not suited for highly functional high density apartment living. Where is it inscribed that every...

Never said it wouldn't get built. Did state that the project is far from profitable given that many of the purchasers are under contract at rates below the cost to construct.

The Matrix buildings on Front Street are already starting to look tired after less than 5 years of building life. The rest of the buildings in the project are completely isolated from the outside world. This complex is in fact, a modern ghetto dislocated from the rest of the city. The closest...

I had a closer look at some of the projects. If you are a bona fide buyer, I think he's offering some really interesting product, albeit at a premium. I also really like the area.

I had a more detailed look at this project over the weekend. I've changed my opinions of it and of the builder. I think he's going to leave quite a positive imprint on the area. My earlier opinions were very inaccurate. This one will really come to life as I see it.

It isn't? Enlighten us please. I dare to imagine how horrid SP will appear circa 2020.

I appreciate your analysis O-Dub. I think I may make a run at it. There has to be some intrinsic value there for basic residential/hospitality space.

In typical Canadian fashion allow me to interject with a tone of muted caution: The condo boom has peaked- it's all (sales, days on market, prices) DOWNHILL from here.

Price aside, I actually like the project and the amenities.

OW, At what price would it be attractive to you? Just curious.

The smart developers give the people what they want- cheap crap! Given that the buyers rarely if ever set foot in the units they really don't care. They also happen to be the most successful developers. Visionaries rarely outlast a housing cycles- it's the trashmen who prosper and take their...

Croman, please enlighten me where I have erred and I will promptly concede my mistakes.

Thanks Sean, good idea. Not in my opinion. I believe that a house in EH worth $80k today would be worth less than $80k in the future, inflation adjusted, because I personally believe that the area/city is permanently depressed. I'd rather take my chances elsewhere. However, if you...

UD, If the game is played out of pure speculation, such as the current but fleeting mantra among the Gen X/Y crowd 'I bought this POS Freed condo as AN INVESTMENT' then I too would prefer to speculate in the public markets where liquidity is not an issue. Speaking personally, I never...

Agree with everything but the Freed comments. I personally think that he is a lousy developer and a swine and that his buyers will be horribly disappointed with the finished product. Area is great though.

Please don't get me started on 1 BORAT E. I spend enough time in this wasteland as it is!

The man has been personally bankrupt multiple times and is being sued for tens of millions of dollars based on legit claims of gross misrepresentation and probably fraud. Please reconcile that with 'done well'. As far as locals are concerned, you've got Menkes, Tridel, Daniels, Four...

Why all the focus on this guy? He's built what, 1 & 1/2 condo buildings? Tridel does more in 6 months then he'll do in his lifetime. Why all the attention?

I'm being generous for a reason- to give the best case scenario which we all know would never occur to show how foolhardy an investment this would really be. Property Tax is 1.1% of assessed value. Cal, that's my point- you are assuming capital gains whereas I am suggesting that a capital gain...

Cal, I'll try to be brief and very generous: $500 per square foot, 1000 sq ft= $500,000 Revenue Rent $30,000 ($2500/month) Expenses Property Tax $5,500 Condo fees ($0.50) $6,000 Repairs $1,000 Insurance...