It's so bizzare because I recently stayed at the Trump Hotel and it truly is 5 star hotel with impeccable service.
It is like two separate worlds once you step inside.
FWIW, I've been told that construction of this will start towards the end of the year. My source isn't the most reliable, so please take it with a decent sized grain of salt.
Sales were/have been slow for a couple of reasons
a.) this is/was a big project relative to it's height. (545 units?)...
And these landlords will quickly learn that they'll need to better screen their tenants and include cost of repairs/refreshing every X year(s) in their carrying costs for the unit.
4 tenants in 2 years is absurd and far from the norm IMO.
Besides some of the stuff in North York (Aria, etc) what else have they completed that was "serious crap" in terms of residential ?
Their three most recent projects are Absolute, L Tower and Pier 27. I don't know if any other developer can boast three projects like that in their current portfolio.
It's been just a few days past the rescission deadline, so the numbers might be a bit off but I heard some rumblings (unverified) of it being nearly 60 percent sold.
As daveto mentioned, I meant less than 1% gross monthly and it is not based on CMV. I usually lean towards 20% downpayment.
Sorry. Yes you are right. In my case my statement remains true because I include all of the factors your mentioned in the monthly carrying costs, therefore making the...
Without getting into specifics, I've had/have properties that returned less than 1% gross rent, but were cash flow positive in terms of carrying costs. So there was a profit of a few hundred dollars after the monthly carrying costs. These were not condos however but single unit homes.
If you don't mind me asking, was that $522k including parking/locker or before parking and the locker ?
As for his view, the building to the west is 4 storeys high. Looking at aerial shots, it looks like he would be staring directly at all the HVAC on the roof. However, beyond that, he should...
Granny was not referring to your unit.
If you paid only 70K more for a 1400(wow!!) square foot terrace, I'd say you did well.
The only thing to note about your unit is that your terrace sits against the south most building on church street (The one with the Irish pub inside). So at the 6th...
Sorry about that carturo.
What I meant was that if there was no terrace division, you would be staring at a wall. At that height, your west view won't clear the adjacent building. However, looking back the keyplate, if you can see over the terrace division, you will be looking at a brick wall...