Casa | 147.52m | 46s | Cresford | a—A

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mark simpson

Guest
why buy a condo with a view if you want to live in a brick building with a peep hole for a view

do you really need floor to ceiling glass in order to have a view?
 
T

The Burgher of TO

Guest
If you can afford to buy a condo you are one of the more fortunate.

From your boosterism I take it you bought in Casa. A little honest advice: pull your money, quick. Even if there's a penalty, pull your money.
 
H

harp

Guest
I am considering buying at casa..i have not signed on the dotted line but here are my reasons:
1. i compare the price of the condo to flats here in london (UK) and you cannot even get a studio for that price (ok..toronto is not equivalent to london but it is a major city --which i love...being canadian myself)
2. proximity to subway
3. proximity to bloor street west designer shops restaurants ...
4. cresford has delivered in the past although it may be late but if you are investing then as the market increases, your investment increases
5. i like the building--the glass and the top
 
D

DaninToronto2

Guest
And BSN's being stalled means nothing to you? That and their low rating by customers?
 
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harp

Guest
If you look at BSN and then look at the finish of Casa,you can understand why they havent started--they probably cant sell the remaining units--whereas casa which is across the street is selling very well. BSN looks awful and the finish is terrible. I will call cresford today to get some explanantion before i sign the dotted line.
 
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harp

Guest
no answer but this was posted in globeandmail.com 6/1/07

"The project is now under construction -- the foundations are being excavated -- with a promised occupancy date of December, 2007. Maria Athanasoulis, vice-president of marketing and sales for Cresford, says a variety of issues have contributed to the delay. "There are multiple factors that contribute to this kind of project, from timing of a launch to weather," she says. "I can't pinpoint it on one factor." "
 
I

interchange42

Guest
That's PR Bullcrap. Strange that the weather at BSN is worse than 100 construction sites around town.

Maybe the BS in BSN doesn't actually stand for Bloor Street.

42
 
H

harp

Guest
ok, i spoke to someone and they are telling me that bsn was not cresford originally and that the project was bought from another developer that couldnt finish it. They then decided to change the building and add another 5 floors but this required planning permission which is why they did not start the construction in the interim. Any of this make sense...i'm sitting here in the UK so i have no clue.
 
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Mike in TO

Guest
Additional floors were added. I don't know the history of who was involved with the development originally.

Cresford has also been slow to start Mode as well. I had considered purchasing there, but I'm glad I didn't as a year has gone by with no start to construction.

When buying a new condo it's sometime best to wait until construction actually starts - you'll then have a rough timeline with respect to occupancies.

I looked at Casa as well and it really is a great project. But I would be concerned about when/if construction will actually start. A year ago I had been told spring 2006. This is a large project and the developer will need to hit about 70% sales prior to construction. Casa isn't being as aggressively marketed as some of the other product in the area, so I suspect sales volumes are lagging.
 
H

harp

Guest
Over the past few weekends they have been having promotions where the were offering 3 years maintenance at closing during one weekend and the following weekend they were offering $10k off at closing. I have been told that they are now closing their sales office on site to start construction from this weekend.
 
J

jmacmillan

Guest
I dropped by Cresford's sales office today (Sunday, Feb. 11, 2007) for Casa and the Bloor Street Neighbourood and was told that this was their last day. The model suite was closed. The sales office is to be relocated on Yonge Street but no-one seemed to know where. (No kidding!)

In short, construction appears imminent.
 
M

Mike in TO

Guest
Lots of new density, especially with the application for a 33s tower next door at 45 Charles. The Yonge-Bloor Skyline is going to explode in the next 5 years.
 
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jmacmillan

Guest
A sign in the door says the sales office has moved to 876 Yonge Street (corner of Scollard and Yonge). Co-incidentally, Great Gulf just closed their sales office for the X-Condo. Looks like both projects will go up at about the same time.
 
A

AlvinofDiaspar

Guest
And both are by aA, along with Murano 1, 2 (and Burano), Regent Park tower, Pure Spirits (plus the already built Spire). All of them are more or less on the east side of the city.

AoD
 

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