I-Need-To-Know
Active Member
No hot water running in m2....anyone else affected? It was like this yesterday as well.
No hot water running in m2....anyone else affected? It was like this yesterday as well.
I bought a unit in M3, and excited about moving in next year.
I read through almost every page in this thread, it took me a few hours, but the information was definitely worth the read. From what I've read it seems that for M1+M2 the earliest occupancy date was June 2010 and the latest was September 2010, and the condos became registered in December 2010. That means that depending on when you've moved in you had to pay rent to the builder for 3-6 months depending on when your occupancy date was, in this case it seems that those who had the latest occupancy dates were the luckiest simply because they had to pay less rent on their unit.
Does anyone know what the expected occupancy dates are for M3+M4? As of now it seems to be January- April 2012, does anyone think or know if these tentative dates are likely to change?
I don't think it's based on luck but rather on what floor your suite is located. Mine was on the 12th floor so interim occupancy started on Sept. 29 and registration was on Dec. 23.
Thats partially incorrect. It matters more on your time of purchase. builder wants you to move in before 36 months of time of purchase. ifyou were first to buy a PH unit, youll move in quicker than a person who bought floor 2 after you.
http://www.thestar.com/sports/soccer/mls/torontofc/article/976578--toronto-fc-to-build-training-facility-at-downsview-park?bn=1
New training facility for Toronto FC to be built at Downsview Park. I wonder which part of the Downsview Park?
Awesome! would love to figure out "where" its gonna sit since it will be a sizeable chunk of land used.
You're right. I did buy mine on Oct 14, 2007 and interim closed on Sept 29, 2010.. so they came in just shy of 36 months.
What were the prices like on the units back then ? I purchased my unit ( 2 bedroom and den ) in May 2010 and moved in on August 2010 . How much did the builder raise the prices between 2007 and 2010 ? I know that in just the past 8 months the builder has raised the price in M 3 and M 4 by $50,000 on my unit since I purchased which is incredible. The one's he is building now are smaller and on a lower floor than mine and still the price is over $50,000 more now. Still there is no profit to be made because the real estate agent commission and land transfer tax on a new property plus the moving costs would wipe out the entire $50,000.
I have preview price lists for M1 and M2 if you want pricings for then.