Toronto 159SW Condos | 118.87m | 36s | Alterra | Richmond Architects

Similar quality/reminds me of the Garrison in Fort York or that rental building at Church and Isabella, 66 Isabella. That’s not a good thing. Very cheap podium.
 
You'd think with real estate prices what they are in Toronto we'd be one city where cheap materials were rarely/never used. It's not like 1 bedroom units are $300,000.
 
You'd think with real estate prices what they are in Toronto we'd be one city where cheap materials were rarely/never used. It's not like 1 bedroom units are $300,000.
Land prices are incredibly high, construction costs are through the roof, not everybody can afford premium buildings, and in fact most cannot. Maybe that's part of the reason why most buildings aren't world-beaters.

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You'd think with real estate prices what they are in Toronto we'd be one city where cheap materials were rarely/never used. It's not like 1 bedroom units are $300,000.

That just means more money to go in the builder's pocket. I passed by this building yesterday. It's crap.
 
Aug 30, 2020

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Land prices are incredibly high, construction costs are through the roof, not everybody can afford premium buildings, and in fact most cannot. Maybe that's part of the reason why most buildings aren't world-beaters.

That goes against conventional wisdom though. Cities with sky high land values/costs (Manhattan, Singapore, Sydney, Melbourne, London) are the ones that build top shelf quality. Only fairly well heeled can buy so it doesn't make sense to build low quality buildings. Toronto seems to be the exception to that. It's bizarre.
 

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