Francishurley
New Member
Thanks guys!!
Toronto Kings Club at King High Line | 57.6m | 18s | First Capital | Kasian
- Thread starter AlbertC
- Start date
GeneralGrievance
Active Member
GeneralGrievance
Active Member
innsertnamehere
Superstar
Holy Car2Go Batman!
ponyboy
Active Member
Since there are now a lot of rental buildings going up, I'm wondering if the build quality is designed to be better for rental than condo. I ask this because the owner of rental building will want and probably be more sophisticated than the average condo buyer in getting it built for low-maintenance operation. What kind of differences might we see in the cladding and window/spandrel walls and other areas that would lead to lower maintenance costs than the typical condo? Does anyone see evidence of newer rental buildings like (Motion at Dundas/Bay, the Morgaurd building at St.Clair/Bathurst, others?) having lower-maintenance design?
TheKingEast
Senior Member
Haha. Nope. I don't see the build quality being any better. Could even be worse. The owner of the condo building does not cae about how sophisticated the renter is. Just someone that will pay rent on time and not damage the place. That is it.
As far as low maintenance design it seems that these newer rental buildings going up are designed to look just like condos. Should allow the landlord to charge more rent.
maestro
Senior Member
The ultimate goal is to cash out as a fairly quick flip or as a conversion to condos maybe once building systems reach end of life. I don't think the private equity/ capital markets financing these towers is all that interested at the return from the income generated which, despite the every increasing rents, would still take upwards of 25 to 30 years to pay out.
Batman
New Member
They seem to be breeding. Robin and I will look for who could be behind this dastardly plot to replace private vehicles!
ottbike
Active Member
innsertnamehere
Superstar
are there any updated renders for this project? the building is noticably different than that in the renders in the database right now. The tallest tower currently on the site is supposed to have a setback 11 floors up from the retail base, but the building is now 12 floors up without one. Also there is missing facade articulation on the east side of the tower.
Automation Gallery
Superstar
i pass there everyday and most of this development is looking different from any of the renderings (database)
maestro
Senior Member
innsertnamehere
Superstar
^ that looks like what's getting built. The tallest tower looks like an aimless blob now, but the other changes don't look too bad.
maestro
Senior Member
aimless blob describes Kasian's work to a tee.
I don't know if they have taken over the project. Their name is on the drawings.
I don't know if they have taken over the project. Their name is on the drawings.
ProjectEnd
Superstar
They have.