Southcore
Active Member
Wow, that was a quick sale period. Wonder how much that had to do with design and how much that had to do with investor sized units?
Considering 80% of the units were under 600 sq ft I'm going to go with the latter.
Wow, that was a quick sale period. Wonder how much that had to do with design and how much that had to do with investor sized units?
Prediction: This will be the fastest selling project of 2014.
98% sold (urbanation)
That proposal is not possible on this site. The dimensions are not even close to being adequate.
I was told by a Realtor that Core is pretty much sold out in a matter of days.
Not surprising considering its location and pricing - not cheap, but much more affordable than those $650-700/sf King West condos with fancy names.
Wow, that was a quick sale period. Wonder how much that had to do with design and how much that had to do with investor sized units?
Considering 80% of the units were under 600 sq ft I'm going to go with the latter.
Well, maybe the foreign investors had no idea that this development is surrounded by the poor but yeah, it does prove that these kinds of developments will sell. Investors either don't care or they don't do any research but either way, it proves that there is a market for these condos and after enough of them go up, it won't matter because these areas will be transformed into mixed income neighbourhoods. The homeless and poor will not be so noticeable and you can bet, those middle class residents will be demanding more security, better sidewalks and more amenities. You move in people with money and all of a sudden, things start to change. That's how things work in this city. (well, in every city)
Toronto shouldn't have such downtown neighbourhoods so abandoned and neglected either from a social or financial perspective, which is why I feel happier about projects like Core, Pace and Dundas Square Garden than something much nicer and shinier in the entertainment district or Yorkville.