Riverside Towns (was Leslieville Lofts, Hyde Pk/Lamb Dev, 140-162 Broadview, 3s, ?)COMPLETE

[Solaris]

yeah I guess purchasers would have lost 'paper appreciation' given it started selling about a year ago ... but given the uncertainly in the real estate market now, there's no garentee that unit prices will not drop below what purchasers bought it for a year ago ... so I guess its a blessing

this would be a bit of a scramble buying in this project with marriage plans or something intending to move into as their new home, but there's plenty of inventory out there in the market nowadays this group should not have any problems finding their 'choice' home

 

[carturo15]

there was not any paper appreciation in this project. They started selling the units at $400-$425 per sq ft. That is not even the resale market price in this area. as you said, it's a blessing for these purchasers.

 

[UserNameToronto]

Well, shit.

Any luck of retroactively scrapping CityPlace instead?

 

[ProjectEnd]

Model pics...sighhh...

 

[Urban Shocker]

There's no sadder or more desolate a sight than an empty and abandoned sales centre for a failed condo project, such as this one.

 

[digi]

the only thing sad and desolate was the design of the building.

 

[kdub333]

Thanks for the pics

Although I'm better off monetarily having this project cancelled, it's nice to see once again the place I would have called home.
Thanks.

 

[junctionist]

the only thing sad and desolate was the design of the building.

What made it so? That's rather ambiguous.

Perhaps it was youthful but disappointingly selfish. Don't understand? Exactly.

 

[digi]

What made it so?

My opinion.

Don't understand? Exactly.

Which part?

 

[cdr108]

Looks like BJL has put the property on the market for $6.9 million !

I don't know how long it's been there but i came across the following:

http://www.icx.ca/propertyDetails.aspx?propertyId=7710278

 

[BMyers]

It has been on MLS for several months. He won't get that price, the market for land is very depressed right now.


Baywood is looking to dump a few of their sites as well: 2-6 Lisgar and 1093 Queen and I don't think they are going to get top dollar for those sites.

 

[cdr108]

It has been on MLS for several months. He won't get that price, the market for land is very depressed right now.


Baywood is looking to dump a few of their sites as well: 2-6 Lisgar and 1093 Queen and I don't think they are going to get top dollar for those sites.

I noticed the Baywood sites too.
Aren't those addresses for Bohemian Embassy project and surrounding area?

 

[BMyers]

They are close to Bohemian Embassy yes. I believe one of the sites is where the current Bohemian sales office is. I understand that the Bravo site is also available.

 

[Chromeboy007]

That's too bad. I thought about purchasing a unit here but Jilly's convinced me otherwise.

I love the pics of the model!

 

[waterloowarrior]

the Leslieville Lofts and the OMB case were featured on tonight's Big City Broker episode