Projects Cancelled Due to Credit Crunch
Relatively new to UrbanTO but have followed TO Real Estate for past 12 years both as consumer and investor and here's my two cents on projects below (based on a few agents and develoeprs I know in the biz)
-Minto King West (being altered) - DEFINITELY...
Does anyone know of any Ontario Gov't Housing programs whereby investors can obtain $$ from the gov't to purchase units for rental?
Or, if there are any threads already existing regarding this topic, can someone point me in that direction?
Bruni911,
I'm in hte same boat having purchased a new construction property in early 2008 (also to rent out). I'm kinda hoping the project gets canned in order to free up cash!
2012 is a long way off, hard to speculate, but as always, I do believe that real estate is a solid investment and I...
Bruni
I actually think this one might be canned. Just a hunch. Freed's got a lot of other projects further along on the go..and with the markets the way that they are, I don't see it.....good news is that you should likely get your deposit back!:D
Starbucks in Corktown?
Hi,
I'm a newbie on this forum. Has anyone heard of a Starbucks going in at one of the proposed Streetcar Development sites on King in Corktown? I've heard rumours...just wonder if anyone can confirm?
:rolleyes: