Toronto IQ Condos Phase 3 | 140.2m | 42s | Remington Group | Giannone Petricone

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Sales centre being prepared in the original IQ buildings, plus one of Toronto's attractive new outdoor community toilets:

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The land has been sitting empty for a while now does anyone know of any updates? I've seen a few groups of people that gave off civil engineer/architect vibes filtering in and out of the land sporadically and have also heard a possible delay could be due to failing a water level survey??
 
NMR246 said:
The land has been sitting empty for a while now does anyone know of any updates? I've seen a few groups of people that gave off civil engineer/architect vibes filtering in and out of the land sporadically and have also heard a possible delay could be due to failing a water level survey??
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Curious as well. Don't see much activity at the sales office either...
 
The precon sales market has been rough the past ~18 months or so. Remington will likely continue to hold off on launching this for at least the medium term until there's a positive shift in the market sentiment.
 
Yeah, the other phases took longer than normal to sell even in the optimal market, so they will likely hold off for a while.
 
Thanks! I wonder if the likely next rate cut in September is going to bring rates down to the point where people become interested?
 
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