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    thinking about selling...how much can I expect to walk away with?

    ~$19k for real estate fees (at 5% of 380k) ~$2-3k for mortgage break (assuming your bank charges you 3 months of interest as a break fee) ~$2k for lawyers and associated costs So ~$23k in cost $380 - $342= $38k - $23 = $15k is what you'd walk with in profit. Actual cash in pocket would...
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Pics taken Jan 8th with a BB: Slow and steady I guess.
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Went by today. Pics from a bb: Uploaded with ImageShack.us
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    My "people" we're clearly wrong. Although something is happening right now: Uploaded with ImageShack.us
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Great news!! My local contacts just informed me the crane is in the process of being installed right now.
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    I assume that's the base of the crane? You've mentioned A Potain Luffer MR405 crane twice now. Is there anything particularly special about it?
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Well that looks like a no for November. Maybe we'll see a crane for xmas?
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Ahhhhh....thank you. I had always assumed the cranes generally went up the elevator shaft. Learned something new today.
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Curious...Look at where they poured the large pad and the layout of the building it doesn't seem to line up. If they put the crane there it would run through a bunch of units all the way to the top. Thoughts?
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Went by the site on the weekend (alas without camera). There are now 2 large I beams connected to these 2 pads and look to be supporting the northern wall. There were also to large wooden frames directly below those beams. The amount of pit work is curious (and frustrating to see no crane)...
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    Mortgage penalty to close and sell

    Or you can go with a variable mortgage with a option to prepay (see the ING mortgage that allows you to pay up to 25% of your mortgage at anytime during the year). Most variables charge you a 3 month penalty. When you close you have to have your lawyer instruct them to discharge the mortgage by...
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Well so much for October. Any chance we'll see something rise in November?
  13. H

    Address At High Pk (Chestnut Hill Homes) - Real Estate

    Last night I got the official letter stating the tentative occupancy date has been moved from March 15, 2012 to Nov 15, 2012.
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Thanks for the pic update. So contractor shack gone. Is that good, bad, or just part of the process? I assume it means that the guys going down are packing up and the guys coming in to go up will drop off their own?
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    4 weeks since the last pic update...how does the hole look? It's been a solid 9 months since they started with the pile driver...is it just me or is it taking a really long time to dig?
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    There's supposed to be 5 levels of underground parking. That doesn't look deep enough yet.
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    Was by the site last night. I tried to take pics but it was too dark for them. The hole is progressing and fairly deep but by visual guestimations I'd say they have 1 more story to go down. Hopefully they get down and get the base of the crane done by the end of september.
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    Toronto The Address at High Park | ?m | 12s | Chestnut Hill | BDP Quadrangle

    I've been wondering the same thing. My guess, considering they have to go down 5 levels and it looks like they're around 3 down now, would be crane going up sometime late august early Septemeber. Then back to street level sometime early next year. My overall guess is this project is about 1 year...

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