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Exactly. In fact it CAN be a positive because during occupancy but before closing you pay an interm occupancy fee, which is essentially like rent up until closing. Only after closing do you actually own the property and thus start paying off the principal. So if you live on the higher floors you...

I believe (but I could be wrong), that completion refers to the date when the first wave of people will be moving in on the lower floors, top floors will be a few months later, fairly close to actual closing.

Hi Ek, Thanks for the reply. Those were my thoughts as well and I am going to be purchasing. I like the unit a lot and don't want to risk it. That being said, it's going to be very interesting to see what the introductory prices will be for phase 2.

Hi Probey. Thanks for the input! I too am a big fan of the bar area. I really love the whole Emerald City Project, I'm really excited to see how it turns out. Cheers. Alex

. I just wanted to add, I used the wrong word by using investment, as I'm planning to live there for the next 7-10 years minimum. I have a lot to learn, so any advice / info on these condominiums we can share would be great. PS: These units selling for 7k cash rebate now for 2b+ and 4k cash...

Hey everyone and future neighbours, Don't know if anyone still monitors this thread, but I'm a first time buyer, same as many of you. I'm also on the cooling period for a 2b+media, like Elk. It's 31st floor facing NW (bluebell). It's a very expensive investment for me and I know I am probably...