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p.s. that was also directed at Eug too :) Not meant to be insulting, just trying to offer a different viewpoint.

wow! First, Mybrains, you may be a little off on your understanding of economics and the real-estate market. Over the long term (5 yrs. +), real-estate has demonstrated to be a good investment, for the most part. Camrost posted videos on camrost.com that have interviews with purchasers and...

I agree with Solaris, which is similar to what I had been saying earlier - only to be accused of working for the developer. Quite the opposite mybrains...buying real-estate is serious business. The neighbourhood was all built by this builder, as well as they have a number of other successful...

haha. I'd be happy to meet up and grab a drink. I guess ducati should come too because he is positive about the project too.

haha, so when someone says something positive, people automatically think they're a plant for the developer? But no. I live and work in the area of this project, and yes, $150K for a 1 bedroom is a great deal. To compare with a recent project, fly was selling 401 sf. starting at $160k. This is a...

I'm looking forward to seeing the suite design. The builder has a reputation for good suite designs and maximizing living space. Good thing that there are a lot of first time buyers out there these days. A good first step into the market.

South Beach Condos at Lakeshore and Parklawn is selling parking for $20k. Would you consider renting the parking spot if the condo allows you to do so?

Then this looks like a good deal. I am going to hopefully pickup one of these. Can't go wrong at that price. They say these are 1 bedrooms, not studios, which is good to hear. The carry cost will be so inexpensive and Mystic Pointe is a very popular neighbourhood - renting will not be an issue...

California Condos Intersting report on CBC News the other day about how California Condos will be releasing new suite designs at incredible price points. Drove by the Presentation Gallery last night and new signage is up. I live in the area and think it's great that they are offering new...

Drove by the corner last night and it looked spectacular. See attached pic.

Fyi - One of the phases of Beyond the Sea did sell out very fast. The 85% sold number is for a newer phase. Re: SB, it's also possible that the builder purchased a bunch of suites, just to bring them up to the construction requirement. I am again only hesitant to believe that 20% of sales...

I spend a fair amount of time in the area and have tried to follow these projects, but isn't California scheduled to be complete in 2011? 2009 doesn't make sense as they only opened for sales last year. Also, they have already started construction on part of California, while they have been...

Careful guys, the National Post did not 'report' this. The 80% Sold info is part of the full page ad for South Beach. I hope this project goes ahead, but this could just be a marketing tactic to create some urgency to push sales. I still find it hard to believe this info that they are...

I got that too, but they said 80% in the email. I checked with a buddy who has access to Urbanation and they report only 60%. Something doesn't add up here.

Any updates on this project?

Thanks so much Yossi, that makes sense. This would be to live in / investment. I like the area because I'm close enough to Downtown, but not right in there. I'm leaning towards Mystic Pointe because it's a fairly popular community when the weather is nice - it's also well out of the ground, as...

Yossi, Similar to the previous post, I see that iLoft is offering a new suite release - 560 sq. ft. 1 Bed for $209,900. I'm really interested as it looks like good value and will be ready soon. If you have a few secs, do you have any thoughts on this, as well as other bldgs in the immediate...

I would hate to see any project get canceled. This experience just rubbed me the wrong way. I find it funny how the sales staff felt the need to say what they did, implying that the two projects are competing against each other. Besides the similarities in the 'sunny' branding theme, the...

Ok...So I went into the South Beach sales office this weekend. In conversation with a staff member there, they said that California Condos - up the street is not going ahead. What kind of sales tactic is this? That comment prompted me to look into it further. 1) CC is open and selling 2) It...

I didn't even get a Christmas Card from my builder!! That said, my builder is fairly new in the business and probably just wants to make a quick buck - whereas Camrost-Felcorp has been in the business for years and looks like they focus more on building good communities. Maybe my Christmas...