The Condo Observer
Active Member
Yes, I got it too. And an agent friend got a price list...there is a about a 20 - 30 K bump in prices over last year's launch prices...not surprising.
X2 Condos (Great Gulf Homes/Lifetime Developments) - Real Estate -
- Thread starter cdr108
- Start date
tissot
Active Member
Just found this on Kijiji
Prices for Tower suites
o Studios from $258900K (416 sq ft)
o 1 bedrooms from $349K (570 sq ft)
o 1+dens from $385K (642 sq ft)
o 2 bedrooms from $465K (803 sq ft)
Prices for Podium suites
o 1+dens from $333K (624 sq ft)
o 2 bedrooms from $460K (912 sq ft)
Deposit Structure:
$5,000 with offer
Balance of 5% in 30 days
5% in 60 days
5% in 120 days
5% on occupancy
Occupancy
Tentative Occupancy Date: November 15, 2013
Taxes
Estimated at approximately .83% of purchase price
as per the 2010 City of Toronto Tax rate
All prices quoted include HST
Maintenance
$0.43 per square foot
Hydro metered separately
Parking Maintenance fee – $40.00/ month
Locker Maintenance fee-$10.00/month
Parking
$42000 per parking space
Parking is available for all 1 Bedroom + Den suites and larger
Locker
$3,950 per locker for all
drum118
Superstar
May 21
Red Mars
Senior Member
Pics taken June 25, 2011
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Last edited:
iceman416
New Member
how are sales of this project? how much is sold by now?
what are the prices on remaining units?
and what is likelihood that occupancy will start at nov.2013 as promised?
what are the prices on remaining units?
and what is likelihood that occupancy will start at nov.2013 as promised?
Schnoober
Active Member
Your best bet is to talk to the sales rep from the X2 sales office. From last I heard, all units are sold out in the tower but not sure about the podium. Mind you, the units on the 8th floor have not been released yet and these units on the 8th floor will be 2 stories! Not sure what the prices will be like for units on the 8th floor but I have a feeling that it won't be cheap.
As for the Nov 2013 occupancy, I would give it at least 6 months of delay which is pretty typical. Could be longer if you are on a higher floor. I bought on the 43rd floor so I don't expect to move in until around spring of 2014. But so far construction progress is going very well. Excavation is going pretty quick and have already reached the P3 level.
As for the Nov 2013 occupancy, I would give it at least 6 months of delay which is pretty typical. Could be longer if you are on a higher floor. I bought on the 43rd floor so I don't expect to move in until around spring of 2014. But so far construction progress is going very well. Excavation is going pretty quick and have already reached the P3 level.
iceman416
New Member
alright i'll check the sales office this weekend, thanks!
wouldn't be surprised if they're sold out... i love the furnishings they use on their buildings... i may wait and get a unit on resale.
wouldn't be surprised if they're sold out... i love the furnishings they use on their buildings... i may wait and get a unit on resale.
dt_toronto_geek
Superstar
Did they get the five extra floors approved? If they do there's a huge block of units that will come available.
cruzin4u
Senior Member
Spoke to a construction supervisor at the site yesterday. He mentioned they are down about 3 floors at the Western end of the site. They are going down 6 1/2 levels, so there is a lot more work to be completed before we start seeing this thing rise.
X2 Buyer
Active Member
The floor plans posted on X2 website has the 8th floor released already - check the second page.
dt_toronto_geek
Superstar
Wow, X was only five levels I believe. Cruizin4u can you confirm?
Schnoober
Active Member
As of right now 49 floors are approved. It was suppose to be 42 originally but they got approved to add 7 extra floors last year making it 49 stories.
Are you saying they are adding an extra 5 more floors on top of the 49th floor making it 54 stories in total ???
cruzin4u
Senior Member
X has 6 levels of parking. 6 1/2 to 7 levels for X2 sounds about right. I remember hearing 7 levels initially.
Schnoober, I think dt_toronto_geek was asking if they got five extra floors approved from the initial 44. X2 was to be 44 stories, but they tacked on the extra 5 floors. So it is confirmed at 49 stories.
dt_toronto_geek
Superstar
Got it, thank you.
That's exactly what I thought. Glad to hear they got the 49 floors, the more X/X2 the better!
Schnoober
Active Member
I was informed by the Manager of Great Gulf Decor Center that colour selections is expected to start sometime this coming December.