Ïce Condominiums at York Centre | 234m | 67s | Lanterra | architectsAlliance

koogle

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the slow pace might be because the developer wants to give more time to buyers before occupancy closing, so there would be less chance of default
 

hihihi

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the slow pace might be because the developer wants to give more time to buyers before occupancy closing, so there would be less chance of default
that is highly unlikely... and btw the project is actually still on schedule
 
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TheKingEast

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the slow pace might be because the developer wants to give more time to buyers before occupancy closing, so there would be less chance of default
One of the most ridiculous things I've read on this forum....and I've been here for years.
 

AKS

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the slow pace might be because the developer wants to give more time to buyers before occupancy closing, so there would be less chance of default
I don't think they care. The sooner they can make buyers occupy the unit, the less money out of their pockets because buyers pay phantom rent. If they can close earlier even better, they can get the money. If some of the buyers default, all the better for the builder. The buyer loses their deposit and they can sell the unit for a higher price or sue the buyer.
 

T.0.isthebest

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the slow pace might be because the developer wants to give more time to buyers before occupancy closing, so there would be less chance of default
Actually, this project is sold out. A recent newsletter I received from the developer indicates that they are right on schedule with occupancy beginning this year.
 

Southcore

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Actually, this project is sold out. A recent newsletter I received from the developer indicates that they are right on schedule with occupancy beginning this year.
Sold out doesn't mean that people bought in full. In a development this big (1200+ units) I'm sure there will be more than one person who can't close on their unit. Nevertheless, good to hear the project is on schedule.
 

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