Tango at Concord Park Place (Concord Adex) - Real Estate -

funkybuda said:
your choices are exactly like mine. Floorplan wise, 12 is arguebly the best, except personally I would prefer the units to be as far away from elevators, and unit 12 is just on the edge I believe.

So getting a parking is worth it? Will the value of the parking also appreciate as the unit in time? This is the first unit I got with parking, just feels like its adding a lots of overhead.
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my friend told me that if i get the parking, i will have more option when i sell/rent this condo unit

also if they decide to build a few more floors, and the number of parking spot remains consistent, then the demand increases

so i buy a parking spot without doubt even i know the value of parking spot wont appreciate by time...
 
funkybuda said:
your choices are exactly like mine. Floorplan wise, 12 is arguebly the best, except personally I would prefer the units to be as far away from elevators, and unit 12 is just on the edge I believe.

So getting a parking is worth it? Will the value of the parking also appreciate as the unit in time? This is the first unit I got with parking, just feels like its adding a lots of overhead.
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coz i know some other unit, like 10/16 is facing a garbage door/stairs door, which i dun like them
 
aibo said:
How much for floor 19 and up?
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zhouyanca said:
same except $1500 per floor diff, however it is 9ft ceiling for floor 19 and up
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I understand that the floor premiums for 1B+D were $1500 per floor up to 19th floor ... anything above is $2000 per floor (due to 9' ceiling)
 
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zhouyanca said:
my friend told me that if i get the parking, i will have more option when i sell/rent this condo unit

also if they decide to build a few more floors, and the number of parking spot remains consistent, then the demand increases

so i buy a parking spot without doubt even i know the value of parking spot wont appreciate by time...
Click to expand...

Thanks! This certainly makes me feel a bit better..
 
Hello there,

I've been looking for discussions on the new project 'tango' at Park Place and google has led me to here!
Has everyone in this thread bought a suite?
I am still on the fence if I should purchase a unit at Tango. I am wondering if I should wait since the housing market is starting to slow down. Any thoughts?
 
joyce said:
Hello there,

I've been looking for discussions on the new project 'tango' at Park Place and google has led me to here!
Has everyone in this thread bought a suite?
I am still on the fence if I should purchase a unit at Tango. I am wondering if I should wait since the housing market is starting to slow down. Any thoughts?
Click to expand...

Are u buying it for investment or you are going to live there? In my opinion concord offers a pretty good VIP discount on this building only average about $370/sqft or so. Keep in mind an average toronto condo (depends on location) is asking somewhere between $430-500/sq ft these days....so i think u can't go wrong it if u are buying knowing it's still below the average condo price. However if u are buying it for investment hoping it's going to be a bit risky cuz who knows what the market is going to look like 3 to 4 yrs from now?
 
chanch5 said:
Are u buying it for investment or you are going to live there? In my opinion concord offers a pretty good VIP discount on this building only average about $370/sqft or so. Keep in mind an average toronto condo (depends on location) is asking somewhere between $430-500/sq ft these days....so i think u can't go wrong it if u are buying knowing it's still below the average condo price. However if u are buying it for investment hoping it's going to be a bit risky cuz who knows what the market is going to look like 3 to 4 yrs from now?
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I agree. If it's for investment, it's hard to see where it will be in 4 yrs as the interest rate is on the up trend.

Are there any HST for $400k+ units?
 
joyce said:
Hello there,

I've been looking for discussions on the new project 'tango' at Park Place and google has led me to here!
Has everyone in this thread bought a suite?
I am still on the fence if I should purchase a unit at Tango. I am wondering if I should wait since the housing market is starting to slow down. Any thoughts?
Click to expand...

Joyce,

If you haven't bought yet at Tango, then I think you are too late. Only units above the 19th Floor are available and I don't think the $1,500 and $2,000 per floor premium is worth it.
 
Ric said:
Joyce,

If you haven't bought yet at Tango, then I think you are too late. Only units above the 19th Floor are available and I don't think the $1,500 and $2,000 per floor premium is worth it.
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just wondering are we allowed to sell assignment?
 
Ric said:
Joyce,

If you haven't bought yet at Tango, then I think you are too late. Only units above the 19th Floor are available and I don't think the $1,500 and $2,000 per floor premium is worth it.
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Yep. They are bringing out the 28th floor next week. The premium for a 2B will be $2k * 20 + $10k (9' ceiling prem) = $50k. That's like $2500/floor... Ouch...

Plus the base price has gone up by $5k. Suddenly, this project does not look attractive anymore... Even with the incentive and downgrade, you still have to add $17000 ($55k - $38k) on the regular price. Then you have to top that up with a $25k parking spot.
 
aibo said:
You can do it once after interim closing and final closing.
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that sucks....lol

anyways, i just wanna free up some cash to buy another pre-con project in DT by tridel

it is too asian/chinese for tango which i dun like......i want diversification.....
 
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