...but I was hoping to hear from someone who isn't a salesperson. Well I guess I'll go down to their sales office and get an idea of what's going on. I gotta say this building has some good things going for it, location is perfect, lots of fun amenities, probably going to have lots of residents in my age range (30-40), but I want to know that Im getting good value for my money. If someone can shed some light for me I'd be really appreciative.
Mikey...i can vouch for the area 100% as i live in CASA next door to where Chaz is going up. I just love this area. Awesome infrastructure all around, and you're right on the subway hub to go N,S, E, W. I can get downtown to work in 15 minutes pretty much door to door on the subway.
I don't think you're going to get into the area any cheaper now. Chaz came out with quite high pricing in it's first week but quickly adjusted them down. They have been preselling for several months so i'm sure they have got the pricing where they want it now. You can also compare the pricing to the resale prices for X Condominiums which is down the street at Jarvis and Charles. Hopefully you can pay less per sq ft. for a pre construction on Chaz than a resale on X. And Chaz is a better location being closer to Yonge/Bloor. But if you check the MLS prices on X it will give you a 'floor' price so to speak.
The Yorkville project that Sunny mentions looks very Kool to say the least, but it will be much more expensive you can be sure. And for me, i like Charles street better than being in that Davenport area. To each his own, but there is a lot more 'around' you at Charles. The Yorkville building will be close to the Canadian Tire...everything else will be a hike all the time!
You can also pop into the sales center at 5 St. Joseph just down the street. They have sold a lot of units but you can see what they have left and compare the pricing again to Chaz. I expect Chaz will be cheaper as sales were booming at FIVE, and i know they had a number of price hikes.
You can also check out what's left at Nicholas just on the other side of Yonge. You will pay quite a bit more there i think you will find.
One other option to consider is that Cressford is about to launch another project across the street from Chaz where the YMCA building is. This could come out VIP very soon. This is going to be a monster project at they are targeting 65 floors. Cressford is likely going to price these to move fairly briskly as they have a ton of units to sell. I would expect the Cressford project to likely be the top seller for 2011. But you may have to wait a few weeks to get an idea of the value there.
Overall, i think you're looking in the right area and you will be very happy there.
