It's great that it's selling well, but I would have some serious reservations about this project putting my own money down for a unit.
It's in a really crappy location for getting downtown. Even Yonge and St. Clair is not a cool place to live. When I map my trip on TTC.ca it's showing it's 30 minutes to Yonge street and it's Sunday today. Yes you can get a parking... which are around $50,000 + maintenance most likely, so another $100-120/mo just for the right to park your $1200/mo car expense.
By the time this area "picks up" or becomes even remotely trendy, the condo fees will have eaten up the value available on resale.
The only advantage here is that it's cheap. But is that really an advantage?