News   Apr 25, 2024
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  1. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Just found it underwhelming, I guess the construction isn't finished but was expecting a bit more, it's a cramped space where really only the floor logo kind of resembled the old bank.
  2. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Visited the lobby the other day, what a huge let down.
  3. M

    Massey Tower Condos (Mod Developments) - Real Estate -

    Occupancy is around August, not sure about the closing dates. Do you happen to know?
  4. M

    Massey Tower Condos (Mod Developments) - Real Estate -

    Anyone own a unit in this building? Any idea when the closing will start?
  5. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Oh wow these are stunning, could you do a south view as well?
  6. M

    Baby, we got a bubble!?

    These solutions are just bandage solutions. They do not really accomplish much. The whole idea is to weaken the public outcry in the short term while also appeasing the other side. It is absolutely true that locals have been increasingly priced out of the GTA housing market for some time...
  7. M

    Baby, we got a bubble!?

    Putting individual experiences aside. There is enough research in this area, and it clearly shows that over the past 30-40 years there has been unprecedented growth and record levels of profits have been made, but this wealth has been concentrated at the top. This is because the real wages...
  8. M

    Massey Tower Condos (Mod Developments) - Real Estate -

    Any idea on how much the value would have gone up at this building since the opening prices? My father purchased a 566 sqft unit on a mid 40th floor facing towards the lake for 420k back in 2012. I don't have any idea what the price would be now.
  9. M

    Ontario Should Tax Foreign Purchases of Real Estate

    Let's hope not, O'Leary is a complete douchebag with a total disregard for working people. Canada needs to increase taxes on foreign investment and spend on infrastructure to help Canadian citizens.
  10. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    My father just received a letter from the solicitor that the tentative occupancy date has been extended to November 18th 2018??? Does this mean they are running into serious construction issues because this date is almost 2 years later than the previous date in 2016? Is this normal? That is a...
  11. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    That's how the system works, I never played the holier than thou line. This is the way wealth gets concentrated, capital creates more capital. There really isn't a moral way to accumulate tons of capital in this day and age, most people get rich sitting on their asses doing nothing while their...
  12. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    We've actually purchased a condo here. Anyone who seriously thinks that any of this has little to do with greed is living in a different world. Capitalism by definition is based on greed, when it comes to markets, greed becomes a virtue and is hence institutionalized. Almost all these...
  13. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Called Massey Tower staff, they said it was all rumors, and that the construction would start in less than a year, lol I even mentioned the report and they said the project is going ahead just fine. Go figure.
  14. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Really worried here, my father has invested in this condo, so far the company has milked him for 15% of the 20% down payment I think. What if this project does not get approved, is there any guarantee we will get our deposit down payment back? Have there been any cases where people have not...
  15. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Haha! Another pic, courtesy: I dont even know Some more pics at: http://ow.ly/i/GYIV http://ow.ly/i/GYA9 http://ow.ly/i/GYtN http://ow.ly/i/GYsm http://ow.ly/i/GYtN Even More...
  16. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    New renderings form the sales centre opening
  17. M

    Massey Tower Condos (Mod Developments) - Real Estate -

    Johnzz has exceeded their stored private messages quota and cannot accept further messages until they clear some space.
  18. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Couple of new pics courtesy Urban Toronto:
  19. M

    Toronto Massey Tower Condos | 206.95m | 60s | MOD Developments | Hariri Pontarini

    Most condos with Path access require a substantial walk to the next subway station etc. This building is literally a few steps away from the subway station. I really do not see why anyone would worry about the path access when the subway is just a few steps away.
  20. M

    Massey Tower Condos (Mod Developments) - Real Estate -

    Tbh, given the economic forecast, not really expecting much in the coming few years. It will be great if we can get a decent return before the condo is complete, but we are not betting our life on it. So can you flip these condos yourself? Is an agent always required? Also I heard about some...

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