You think even along that Dundas stretch from Jarvis to Parliament?The whole area will probably change a whole lot in the near future, between this, Core, Pace, Ryerson, Regent park redevelopment, etc. I can see it really cleaning up over the next decade or two.
I was told Core was pretty much sold out in a matter of days.A lot of people were predicting Regent Park would never sell but it did. Its whole image is changing now. I wouldn't be surprised if the same thing happened here. It's time for Dundas east to transform. It's taken long enough.
Really? First, it starts at $199,998, so basically $200k; second, we don't know how big the smallest units is, most likely under 400sf. Consider it 350sf, it is still 615/sf, pretty much in line with Pace and Core, and other new launches with similar location.website is up, claims that condos are starting at $199,000. Damn cheap. Square Footage prices have certainly declined over the last few years.
And this is the exact reason why developers have taken a huge interest in downtown east: cheaper land, but still super close to the core and prime for redevelopment and renewal. But letâ€™s not get too crazy here in thinking that Queen Street East will be the new Queen Street West. We need to be realistic from a real estate investment standpoint. The west will always be more desirable than the east due to the east being historically associated with poverty as well as crime. But at least there is an effort to improve things here over the last 15 years. The west and core have become too expensive; and developers still want to make some profits. The east is turning around for the better, that is for sure. But it's also a slow change. For those who don't mind a disproportionate number of methadone clinics, shelters, and shootings then this is the place to be.We were seeing many condos in the $800 range for a while, that is what I was talking about. I realize this is in a different more down and out area of the city, but mid 2011 it was hard to find something for less than $700 it seemed.
You are not comparing apples to apples. There are very few projects in the $800 range so far, all of which are luxury products to start with （Trump, Shangri-la etc). A typical condo downtown west has been $600-700 mostly in the past few years.We were seeing many condos in the $800 range for a while, that is what I was talking about. I realize this is in a different more down and out area of the city, but mid 2011 it was hard to find something for less than $700 it seemed.
Of course it's an advertisement filled with developer marketing-speak, so you have to take that price with more than a few grains of salt. Such ads are always full of "weasel words" like "starting from," "as low as," "up to," and so on. They're usually true in some highly qualified sense. The purpose, of course, is to get your attention and get you into the sales office. Once you're in there you'll get a better sense of the real prices. Even then the price will be padded with a lot of "sales cushioning."website is up, claims that condos are starting at $199,000. Damn cheap. Square Footage prices have certainly declined over the last few years.