I can't say for the quality since I haven't seen the buildings at LV. But I've seen some of the buildings in the downtown area and CP isn't that bad. I've seen Infinity, Maple Leaf Square, and a few other buildings. I admit it doesn't compare to the one I saw at Yorkville, but they're on a different level.I base it on the quality of the buildings along with potential increase in value later in addition to if there was a recession, how would these units fare? I have experience with both buildings. I know people who bought in both. The LV one is better built. Finishes blow the CP one out of the water although I will admit, CP has nice amenities. I've seen everything at this building. Vomit, dog poop, garbage in the halls, noise, etc. Would never encourage anyone to buy a unit there for half a million or even half of that. I don't care what the market dictates. Then we can look at both communities. While CP is closer to the core, it is disconnected. It's full of traffic and is much less of a community than LV IMO. LV is more of a destination while CP is a pass through. CP is pretty much done. It's not changing. LV has a better vibe and there will be more projects coming.
IMO, the LV one is a better buy.
As for the people living there. I have seen some drunk people. Since the building is large, I wouldn't say a majority of them are drinkers. Also, CP may not be a destination but it's very close to destinations. There's the CN Tower, Convention Centre, Train museum and Aquarium. I haven't been to LV, but I haven't heard people mention it's a destination people should see? What is there that's so interesting? King St W and Queen St W has more to see I think. You also mentioned King St W buildings. It's lively but I don't think there's a neighborhood feeling to the area either.