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  1. Still in sales. Approximately 65% sold is what I...

    Still in sales.
    Approximately 65% sold is what I was told about2 weeks ago.
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    ^^^ I just heard that Investor's Group (IG) is...

    ^^^
    I just heard that Investor's Group (IG) is offering a 3 year variable of 1.99%.
    Apparently one still has to qualify for 5 year rates and higher rates but still this is supposedly the lowest...
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    ^^^^^ CN Tower.... a very logical post. I don't...

    ^^^^^
    CN Tower.... a very logical post.
    I don't remember exactly but I believe around 2010 avg. downtown TO condo must have hit $500+/sq.ft. In any event, that was the $ amount for me at which it...
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    Why will it go up and plateau in Q4 2014 and...

    Why will it go up and plateau in Q4 2014 and downturn mid Q3 2015?
    I assume there are some events you are expecting and basing this on.
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    Ka1....you are correct. Parking seperate. Locker...

    Ka1....you are correct.
    Parking seperate. Locker seperate. Additional "levies". Hook up fees. I even had in 1 condo the appliances supplied but on the statement of adjustments the HST on the $3K...
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    True, but the new condos don't include the...

    True, but the new condos don't include the parking price. So quoting $675/sq.ft. and a parking at $50K on 500 sq.ft. means $775 whereas parking in most other built buildings unless acutely in short...
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    With or without parking? If no parking, that is...

    With or without parking?
    If no parking, that is high. These are high floors and small units generally command more/sq.ft. than larger ones.
    Still $740 and $840/sq.ft.
    Again, Bay street I believe...
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    Actually they show a 1 bedroom/den at 608 sq.ft....

    Actually they show a 1 bedroom/den at 608 sq.ft. on high floor 33 at 498K ask which is $819/sq.ft. I don't know if there is a locker/parking spot.
    Usually however Bay street seems to command more...
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    I can't comment about X condos specifically but...

    I can't comment about X condos specifically but from Jamie Johnson at Remaxcondosplus: His report on rentals presently:

    RENTAL COMMENTARY:

    In the First Quarter of the year (2014), there were...
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    I was thinking in todays dollar terms. I don't...

    I was thinking in todays dollar terms.
    I don't know that rents will increase much. They increased about 4% I believe year on year but recently I have heard price pressure.
    I think maybe the...
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    I am surprised by you guys suggesting $1650 is...

    I am surprised by you guys suggesting $1650 is low. How much do you think one can get for 489 sq.ft. 1 bedroom. This is $3.38/sq.ft.
    What are comparable new products under 500 sq.ft. getting these...
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    Interesting George. Thank you. However, I think...

    Interesting George. Thank you.
    However, I think we would both agree that the Britt launched in a different market than today. However, $660 to $800 is a sizable difference.
  13. About $660/sq.ft.+ for floor 13 and will go up...

    About $660/sq.ft.+ for floor 13 and will go up from there.
    Given the subway, I think it will sell. I think it is priced well or a bit high but given prices of YC and others it is in the range for...
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    About $660/sq.ft.+ for floor 13 and will go up...

    About $660/sq.ft.+ for floor 13 and will go up from there.
    Given the subway, I think it will sell. I think it is priced well or a bit high but given prices of YC and others it is in the range for...
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    I would like clarification of the size of the...

    I would like clarification of the size of the units but it sounds like it might well be starting at the $630/sq.ft. level assuming a 1 bedroom is 450 sq. ft. I am guessing the 1 bedroom /den is 550...
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    Eug, I realize that is not the law. Let me ask...

    Eug, I realize that is not the law. Let me ask you though to think of this in terms of other purchases.

    Imagine you want to buy a car and the price is $20K. You offer $20K and now the dealer...
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    Bubble

    A thousand people went through the house. What a waste of a lot of people's time. If the house was worth well over $1 million, price it at $999K....it would still get lots of offers...
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    The one thing with the stock market...it is a lot...

    The one thing with the stock market...it is a lot more liquid than real estate.
    Hence, my personal view is one should diversify. You don't hit home runs but you also don't get wiped out if one...
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    Real estate is like any other investing. I know...

    Real estate is like any other investing.
    I know very few people who get every investment decision right. Personally, I just try and get more right than wrong.
    I am more than a little suspicious...
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    True they don't talk about actual sales but there...

    True they don't talk about actual sales but there are some references which if to believe suggest at least some projects are selling:

    Core condos sold out in a month. They say YC had incredible...
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    From todays Star: Condo developers start...

    From todays Star:



    Condo developers start 2014 with record number of launches.

    Downtown sees biggest demand remains for units.


    By: Susan Pigg Business Reporter, Published on Wed Apr...
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    I am curious...would you buy in this setting....

    I am curious...would you buy in this setting.
    Price is quite high in my view with High $600's on the ground which means $700's/sq.ft. for some height and I am sure parking and locker is extra...
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    Agree with this post except for one point. I...

    Agree with this post except for one point.

    I don't know that the relationship will be definitely linear...that an 8-10% rise in mortgage payments will result in a proportionate decrease in price. ...
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    KeithZ, I was just trying to point out that I am...

    KeithZ,
    I was just trying to point out that I am not so sure it will be a sudden hard landing as the economics are somewhat different when you are talking about 13% mortgage rates vs. 3%.

    ...
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    Unless there is a large increase in interest...

    Unless there is a large increase in interest rates or as someone aptly pointed out, instability in Canada (Quebec Election, sovereignist win and talk of referendum...especially if it looks like the...
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