The area is prime location and in between 2 universities so it will attract a lot of investors renting out units to students. This is why I don't think it would be a good buy for end users as the building will be most likely full of students. Lanterra tends to be at the bottom of the competition when it comes to finishes....and build quality is questionable. This is just my opinion...but if you research some of Lanterra's buildings...there have been issues with build quality.Curious to know why not for end user? More for rental purposes than or are you saying more for investment.
$680 psf sounds about right for the area. Is 11 Wellesley toting itself to be high end luxury or run of the mill?For those who care to know, my guess is the tower will launch on day 1 at $680 psf on the ground or the 10th floor. There are 5 planned sales events, I am talking at the first event.