AlbertC
Superstar
"Yeah, we should wait for Aren't We Naughty to vacate their unit first before we open our sales centre..."
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Toronto Bella Condominiums | 138.36m | 43s | Mirabella Dev Corp | Scott Shields
- Thread starter PMT
- Start date
Northern Light
Superstar
Ha! Just getting caught up on this one, and I see talk of sales office but no sign of even a preliminary report............
So I went and double checked..........and nope.........
So yes, this one is doing its second tour of the OLT.
First Motion here was actually April 25, 2023.
It was actually adjourned with no public info at this time, and no follow-ups scheduled:
But Daisy Consulting group, on behalf of the applicant, registered to lobby on this site starting tomorrow.
So I went and double checked..........and nope.........
So yes, this one is doing its second tour of the OLT.
First Motion here was actually April 25, 2023.
It was actually adjourned with no public info at this time, and no follow-ups scheduled:
But Daisy Consulting group, on behalf of the applicant, registered to lobby on this site starting tomorrow.
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Undead
Senior Member
A few days ago:
artyboy123
Senior Member
There are some minor changes. The car parking was reduced from 260 car parking to 255 car parking. The total bike parking increased from 306 bike parking to 396 bike parking.
www.toronto.ca
Data are taken from the architectural plan via Rezoning submission.
Application Details
www.toronto.ca
Data are taken from the architectural plan via Rezoning submission.
Northern Light
Superstar
Decision Report - Approval Recommended to the next meeting of NYCC:
Now, pay attention everyone; what does it cost to get zoning approval for an additional 10 floors on your project in Toronto? If you guessed $309,680, you cheated!
At 130 net new units that's a payment of $2,382 a unit! On an ??? $800,000 price per unit, that's about a 0.25% cost.
Not bad!
I think UT should start a fund where we all pool-in and just finance the cost of adding 10s to random projects everywhere in exchange for 30% of the increased profit. We'll all make out like bandits! LOL
Now, pay attention everyone; what does it cost to get zoning approval for an additional 10 floors on your project in Toronto? If you guessed $309,680, you cheated!
At 130 net new units that's a payment of $2,382 a unit! On an ??? $800,000 price per unit, that's about a 0.25% cost.
Not bad!
I think UT should start a fund where we all pool-in and just finance the cost of adding 10s to random projects everywhere in exchange for 30% of the increased profit. We'll all make out like bandits! LOL
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rbt
Senior Member
Plus the cost of preparing and submitting the application, which on $300k would be a non-trivial addition.
Still a great deal for the applicant.
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Northern Light
Superstar
Approved at Council, with a tweak:
Undead
Senior Member
Damn, I was hoping for a different kind of drilling.