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No, I am not a realtor. I am just a normal guy who gets annoyed when people who make ridiculous "the sky is falling down" predictions about the Toronto condo market. And you didn't answer my question: how will Empire "maintain the price level" of their condos when the building is completed...

Flaws in your argument: how the heck is the developer able to "maintain the price level" of their condos? That's a neat trick...if the developer can determine the market value of their condos, they should just set the price of their 400 sq ft bachelor to $1Mill and start from there. Also, if...

I'll make you a friendly bet that there won't be a "20% retracement". I'll give you 10:1 odds and you can bet any amount you want....we can use Fly Condos as the benchmark, I have their Opening Day VIP price list. If these Fly condo units drop in value by an average of 20% by the time they are...

Why must you be so negative? Some people might be buying these condos because they actually want to live in it and this is an exciting time for them. Just because you buy a condo through a broker, it doesn't mean that you are an "investor". Also, if these condos turn out to be a good investment...

I was considering the Capote but rejected it because I would have no idea where to put the TV with that layout (which is the first thing that I look for). Also, I didn't like having those 2 columns in the middle of the room but since you say they have removed the columns, that's a big plus. The...

Fly is not selling at $300/sf....they are selling at $400/sf or low $400s for some floorplans.

Agreed...many of these "doom and gloom" predictions just make me laugh. I'll give anybody 10:1 odds that there will NOT be a "20% correction" by the end of next year, any takers? :)

So all condos will depreciate by 20% by the end of next year? What is the basis for this prediction?

Yeah sorry you're correct. There is no view to the south or to the east. I bet owners of west views at Element and north views at Matrix are loving the idea of having heir views blocked by Fly too. :)

Actually, I think it's the southview that is blocked by Element. To my knowledge, the east view is still open right now