RiverCity1
Active Member
I was thinking that, too, considering that 87% of the units are studios or 1B/1B+D and 13% are 2B...with zero 3 bedrooms...that there may be a market for some nice towns here.
Toronto Casa III Condos | 179.52m | 55s | Cresford | a—A
- Thread starter AlbertC
- Start date
I was thinking that, too, considering that 87% of the units are studios or 1B/1B+D and 13% are 2B...with zero 3 bedrooms...that there may be a market for some nice towns here.
innsertnamehere
Superstar
At 11 million for the property, those would ave to be some damn expensive town homes.
RiverCity1
Active Member
Agreed, but maybe the developer would just look at total land cost of the assembly and spread it out among the units buildable.
New Townhouses downtown seem to be going for $1M+
Who knows lol...all of this is speculation about why they purchased more land and what, if anything, will become of it.
New Townhouses downtown seem to be going for $1M+
Who knows lol...all of this is speculation about why they purchased more land and what, if anything, will become of it.
androiduk
Senior Member
Development sign is up, will get a pic later. 60 storeys fronting Charles and 8 storey commercial facing Hayden.
innsertnamehere
Superstar
this one has been selling well. Not CASA II well, but fairly well. Likely over 70% now.
RiverCity1
Active Member
Ya, I couldn't see a sign up when I was out over a month ago in the area. It's funny that the sign goes up after selling 65%+ of the units since June. Seems very confident they will get approvals...and, I guess, they are right!
I'd love to live on this street (plus, the street makeover sounds fantastic) but just a bit pricey and with tiny units to boot.
I'd love to live on this street (plus, the street makeover sounds fantastic) but just a bit pricey and with tiny units to boot.
innsertnamehere
Superstar
I'm guessing by your name that you bought at River City? You are probably better off there, As good of a condo as CASA III is, River city is probably the best in the city.
Ramako
Moderator
The architecture may be better at River City, but location wise, I'd choose Casa III every time.
Southcore
Active Member
Respectfully disagree. Plus it's a bit of an apples to oranges comparison. To each their own though.
RiverCity1
Active Member
I do agree with you!
RiverCity1
Active Member
Yes, thanks...River City was significantly cheaper than anything in the core or Bloor/Yorkville. While I do like up-and-coming, former industrial areas, I envision my 'forever' home to be on a leafy street with a 5 minute walk to everything, including the subway. I've always had a fondness for Charles Street, which seems to fit the bill. The Casa condos seem out of reach, however.
innsertnamehere
Superstar
wait 8-10 years and River City likely will be on the subway.. The question is how long you will be willing to wait.
you are right to say that it is a bit out of the way.
Ramako
Moderator
I'd guess 20 years minimum.
RiverCity1
Active Member
The saving grace for River City is the streetcar and that I own a car...but the goal is to be car free, on a subway line, and walk everywhere else...one day. And developers know that's what people are looking for, too.
innsertnamehere
Superstar
Really it will be decided this spring. If the transit tax gets through, it will be 8-10 years. otherwise, 15-20, or more.