You got it wrong, The $239990 was the base vvip release price for podium suite B 502 sqf. on the 4th floor, not tower suite A. There are only 4 units of those plus 4 bachelor units going under $250K even back in april, at the broker release the cheapest tower suite A started at $279990 on the 12th floor, they have jacked up the prices since then by as much as $22000 on some units.
There maybe 1 tower suite C available, $305990. again on the 11th, (NW facing,) unobstructed views, but it's 2 floors above the pool and ammenities level, so noise/privacy could be an issue, which is why it's unsold. It was in fact offered to me, but I ended up taking a much higher floor.
The cheapest tower A unit you can get now is on the 11th floor, asking $297990. and 14th floor $300990, they are unsold because both have totally obstructed views due to the older building on the south side, after that you'll be looking at 38th floor $331990, considering there is added premium of $1000 per floor and a $10000 or so view clearance charge for the south facing units.
Downtown core prices have really shot up in the last few years, maybe you'll just have to take that 11th floor tower A,or tower C. these are the cheapest units available right now, as there is no other place this close to the Yonge line and all things downtown still going for this low, other than resale of course. If you're an investor the location of the unit wouldn't make that much difference to a renter anyway, it's where the building stands that matters, TTC, Ryerson, Eaton Centre, 15-20 min talk to st. lawrence market, financial district need I say more?
see original price list on april 7:
http://www.jollydeol.com/wp-content/uploads/2011/03/Pace_PriceSheet_04052011.pdf
remaining units and prices:
https://acrobat.com/app.html#d=KT3abPc21bNQgreIMj9*Tg