News   Jul 09, 2024
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News   Jul 09, 2024
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  1. M

    Builder's Decor Centre

    Yeah, you are right. I feel taken for a ride. I'm frantically trying to get quotes to at least make sure that if I do it myself, it'll be easier. It looks like I could save around 10 thousand. I'm not overly satisfied with Lanterra so far. I doubt I get a credit and don't really want to have the...
  2. M

    Builder's Decor Centre

    Good morning to all! My brand new condo is to be completed in June of 2011. Currently, I'm working with the design centre (Lanterra) and the upgrades cost an arm and a leg. I went there on Thursday (yesterday) and they expect me to make a decision on Tuesday. Pricing is crazy. $5600 for...
  3. M

    HST on new condo - closing after July 2010

    I purchased my condo in March 2009 and the closing is expected to happen in October 2010. The price is less than $350K. Does anyone know how much more it will cost me to close the condo and what is the calculation of the HST payable? I have heard of the HST rebate - does anyone know how...
  4. M

    Experiences with Lanterra?

    I own a condo at 231/219 Fort York and it's decent quality. I also purchased a suite directly from Lanterra which will be completed in 2010-2011. They are a bit difficult to deal with, but I'm keeping my fingers crossed. If the quality of the new building is going to be similar or better to what...
  5. M

    Neptune Condos at WaterParkCity (Lifetime, Lanterra Developments) - Real Estate -

    That's what I have been trying to get out of Lanterra - a breakdown of what is the balcony and what is enclosed area. As soon as I have that, I will get my lawyer to incorporate that into the agreement and we'll move from there. I have picked up my documents today and will have the lawyer work...
  6. M

    Neptune Condos at WaterParkCity (Lifetime, Lanterra Developments) - Real Estate -

    The reason why I bother with this condo is because I like the layout - it's perfect! Also, being realistic, I understand that buying pre-construction poses a certain risk and I want to analyze and make sure I'm making the right choice. That's the reason why I'm approaching the matter from all...
  7. M

    Neptune Condos at WaterParkCity (Lifetime, Lanterra Developments) - Real Estate -

    No kidding - that plus having Minden Gross as the their lawyers. But I do see your point - thank you for the calculations. I don't think I'm being picky as I don't expect them to be precise measurements (I also wonder if the builder would ever actually add more sq. footage other than taking it...
  8. M

    First Time Buyer - need some input.

    That's my understanding. I got to compare the two because I have the brochures from both Lanterra and Ltd. (Lake Shore). The Ltd. condos clearly show - 1 bedroom 527 sq. ft. +balcony 42 sq. ft. - all nice and clear. Lanterra on the other hand shows the total sq. footage of the condo and its...
  9. M

    Neptune Condos at WaterParkCity (Lifetime, Lanterra Developments) - Real Estate -

    See, exactly. I'm not looking for those 773 sq. ft. exactly - I understand that there can be come variances and changes, but when there's a 100 sq. ft. difference between the plan and my calculations, then it makes me wonder. Also, it's frustrating that even Lanterra's own employees do NOT know...
  10. M

    First Time Buyer - need some input.

    Hi there. Are you saying that sq. footage of a condo usually includes the balcony and the builder is allowed to do that???? Is there anywhere I can look up that information exactly? From the same builder I'm getting different responses - some employees say the balcony is a part of the sq...
  11. M

    How do condo assignments work?

    Also, check if there's an assignment fee - I know Lanterra charges $5000 assignment fee. So let's say you bought a condo for $300K and now want to assign it someone else and you sold it for $280K, then you will be losing $25K plus legal fees. If you sell it above $305, then you most likely will...
  12. M

    Neptune Condos at WaterParkCity (Lifetime, Lanterra Developments) - Real Estate -

    I'm looking into purchasing a pre-construction condo from Lanterra. I'm suspecting that the balcony's sq. ft. is included in the size of the total condo sq. ft. The balcony is huge and according to my calculations is roughly 88 sq.ft. Lanterra insists that the balcony sq. ft. is NOT included in...
  13. M

    Lanterra

    Hi! I'm planning to buy a new condo directly from Lantrerra and wondering what kind of experience you had with that builder? Positive, negative, comments? Everything is valuable. Thank you!

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