550 Wellington West (Freed Developments) - Real Estate -

carturo15 said:
a 641SF 1 bedroom unit at 550 Wellington was at $254.900 just 4 months ago, now they are asking for the same unit $299.900. This is almost 18% increase in less than 4 months. How realistic are these prices??, what do you think about this project?
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"Realistic" prices are whatever the market will bear or stupid enough to pay for.
 
caveatemptor said:
As far as Thompson Hotels go, well they are hardly a 5-Star quality hotel. The property in New York is far from extraordinary and I can't imagine sustainably high occupancies for this location given the wretched state of tourism in this city.
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I actually had the same perception about tourism in Toronto until I saw some actual stats that actually looked promising.

I still don't see how ALL of these REIT-owned hotels are supposed to turn a profit, though.
 
I'll try to find it. It showed that, despite the high dollar, overnight stays had increased dramatically in 2007.
 
ebardoun said:
any word on upgrade costs?
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I haven't heard anything yet. They haven't posted the prices at the design center when I was there last weekend, I'll check it again this weekend.

The designers on site apparently should know though.

Maybe this is on purpose?
 
nekz said:
The designers on site apparently should know though
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They do know...i was told that i would be sent pricing details on several items (ie. appliances, tubs, toilets, sinks which are not based on $sq/ft), that was on Monday.
 
ebardoun said:
They do know...i was told that i would be sent pricing details on several items (ie. appliances, tubs, toilets, sinks which are not based on $sq/ft), that was on Monday.
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So you have to pick your items to get prices on? No general price list?

Will you post when you receive it?
 
550 Wellington (Freed Developments) - Real Estate -

PDI's starting next week. First occupancy set for December 1st.
 
Re: Move-in Date Pushed Back

I got a letter in the mail today, my move-in date has been pushed back two weeks to January 29th. My unit is on the 6th floor.

I was expecting this but I think I can wait another two weeks...
 
I'm on 6 too. Got pushed back to the 21st. REAL shitty since I have to move out of my current place on the 18th. Anyone know of a good storage place downtown??
 
hemiboy said:
I'm on 6 too. Got pushed back to the 21st. REAL shitty since I have to move out of my current place on the 18th. Anyone know of a good storage place downtown??
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Try Public Storage at the end of jefferson avenue (at the gardiner) in liberty village, south of king street west. It is cheap and convienent with a good security system.
 
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