Real Estate thread for Yorkville Plaza condominiums, to replace the former Four Seasons hotel. Redevelopment by Camrost-Felcorp.
Yorkville Plaza (Camrost-Felcorp) - Real Estate -
- Thread starter interchange42
- Start date
onni
New Member
SixPoints
Active Member
Chris_Hull
Active Member
how do you guys compare this one with 1000 bay project?
WeirdFishes
Active Member
Are the ceilings 8' and popcorn?
Those prices are nuts. And I cannot believe standard is laminate.
Those prices are nuts. And I cannot believe standard is laminate.
Chris_Hull
Active Member
WeirdFishes
Active Member
I was in a hotel suite here a few months ago and it was 8' ceilings. Not sure how they will increase the ceiling height... Anyone?
Chris_Hull
Active Member
from the updated info i got, the room is 8' ceiling.
JayBee
Senior Member
prices are an absolute joke. The finishes don't even sound all that special.
cdr108
Senior Member
and this would be considered a conversion project, so no Tarion warranty
neuhaus
Senior Member
8' ceilings, laminate flooring, 2 burner cooktop and microwave in lieu of an oven (essentially a hotel-style kitchenette), 2-in-1 washer/dryer unit (worst appliances ever), no balconies, minimal amenities.
Those are definite deal breakers for me, and that's not factoring the $1,000/sq.ft. pricing.
Condo fees are a little high considering the lack of amenities, maybe due to the older infrastructure and mechanicals.
$73,500 per parking space (only for the two largest units), that has to be the most in the city. At least storage lockers are included for all units.
The south units will have no views and much of its sunlight blocked once the phase 2 tower is built.
I wonder how well these refurbished hotel rooms are selling and who are buying them?
Those are definite deal breakers for me, and that's not factoring the $1,000/sq.ft. pricing.
Condo fees are a little high considering the lack of amenities, maybe due to the older infrastructure and mechanicals.
$73,500 per parking space (only for the two largest units), that has to be the most in the city. At least storage lockers are included for all units.
The south units will have no views and much of its sunlight blocked once the phase 2 tower is built.
I wonder how well these refurbished hotel rooms are selling and who are buying them?
condoinvestor
New Member
I met with Andrew Barnicke (DTZ Barnicke) one evening to discuss this project. He has about 30% stake in the project. I was initially interested mainly based on the location but as I learned more details about the project I wasn't completely convinced. I try not to let my investors get in on a project unless I am 100% convinced weighing all things. There are tonnes of opportunities in Toronto to make money in real estate. I ended up buying a few at Monde on waterfront.
interested
Senior Member
I believe I read that an extra parking spot at the 4S was asking $100,000.
Chris_Hull
Active Member
metroTO
Active Member
The first interior is more feminine while the second interior is more masculine.
Yes the units are generally pretty small in this development but you can't expect much when they are basically redesigned hotel rooms. Consider it glorified crash pads.
Yes the units are generally pretty small in this development but you can't expect much when they are basically redesigned hotel rooms. Consider it glorified crash pads.