watermelon67
New Member
Thank you so much for your sharing!!
Thank you so much for your sharing!!Sharing some photos, along with some thoughts:
- Common area/amenities - unavailable. PDI is strictly limited to my unit
- kitchen - mediocre size unless supplemented by an island
- Popcorn ceiling warning
- Elevators.- Fast. satisfied with their speed
- Washer/Dryer - mediocre capacity with 2.2-2.4 cu.ft.
- ISP is Bell Fibre 1.5Gbps, cost built into the maintenance fee at around $25 / month
Overall okay without major issues; Storage is definitely a concern on my unit (1bdrm+den / 2 bath) with only 2 tiny closets.
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Thanks for sharing the photos. Our PDI is in Jan, so we haven't seen our unit in person yet. But based on the photos, we can't help but feel disappointed by the apparent quality.
Did you do occupancy? How are you planning to close as appraisal are coming low with different atleast 250K to 300KOccupancy in March 2026.
Everyone completed occupancy in March and building is registered with closings scheduled June 2 and 3. There's nothing different about it than any precon sold at the time, people have to put more down to close.Anyone did occupancy and expecting closing soon? I have been having trouble getting mortgage due to appraisals gap of around 300 K
Thanks for response. How are people planning to fill-in gap of over 300K? I am creating WhatsApp group so buyers can share ideas or suggestions. Let me know if anyone is interestedEveryone completed occupancy in March and building is registered with closings scheduled June 2 and 3. There's nothing different about it than any precon sold at the time, people have to put more down to close.
Menkes actually offered people 0% occupancy interest for an additional 10% down so I imagine vast majority of people have already put down 30% before closing.
I don't know if anyone has a gap that large, the bigger units are not down much it was about $1m for a 3 bed which is not down near that amount. The smaller units are down more but more like $150-200k, and most have probably put down $200k already to get the 0% occupancy interest so they need to but down maybe another $50k.Thanks for response. How are people planning to fill-in gap of over 300K? I am creating WhatsApp group so buyers can share ideas or suggestions. Let me know if anyone is interested
My understanding is, even if 200k is short, buyer has to come with that amount has in addition to the down payment of 20%•I don't know if anyone has a gap that large, the bigger units are not down much it was about $1m for a 3 bed which is not down near that amount. The smaller units are down more but more like $150-200k, and most have probably put down $200k already to get the 0% occupancy interest so they need to but down maybe another $50k.
Rbc is giving mortgage based on purchase price so there is an option to close the same as normal, preferred rates too 3.8% for fixed.My understanding is, even if 200k is short, buyer has to come with that amount has in addition to the down payment of 20%•
Does anyone know if anyone defaulted?
I got my occupancy in March and not sure if closing. Banks appraisals are short around 300 K and made it difficult to close. I want to know if anyone is in similar state and if anyone defaulted.Wonderful choice of building. Are you able to share some lobby shots once moved-in?
Did you create group chat or FB page?Rbc is giving mortgage based on purchase price so there is an option to close the same as normal, preferred rates too 3.8% for fixed.
Did you come across anyone who defaultedRbc is giving mortgage based on purchase price so there is an option to close the same as normal, preferred rates too 3.8% for fixed.
No I didntDid you create group chat or FB page?