Toronto SIX50 King West | ?m | 16s | Freed | Core Architects
- Thread starter Jayomatic
- Start date
drum118
Superstar
If one look at the site a month ago and today, it clear construction is around the corner.
The whole site is boarded up and site is clear to start going down as of May 24.
This is one of many site that will see constuction started in June.
airbag
New Member
Thanks.
Does anyone have a clue when is the revised expected occupancy date? I presume it is delayed..
Does anyone have a clue when is the revised expected occupancy date? I presume it is delayed..
H
Hydrogen
Guest
I'd always take the words of a sales agent with a grain of salt.
starks0980
New Member
Most likely late 2011 - early 2012 is what ur looking at....construction should be starting shortly now that the financing is secure.
airbag
New Member
The salesperson said expected occupancy is spring 2010. Just spoke with Emily Brandon at Freed sales center (416 360 0600). She said that it is within their legal right to extend by up to 24 months. Expected occupancy was revised to fall 2011.
H
Hydrogen
Guest
^^What they tell you could only be the earliest expected occupancy. It's likely that some people might be moving in during the winter.
the delay on this building has been significant. One has to wonder if there are some issues other than just a tighter financing situation?
the delay on this building has been significant. One has to wonder if there are some issues other than just a tighter financing situation?
carturo15
Active Member
They started sales 2 years ago. I don't see this project completed before 2012, maybe spring or summer 2012, unbeleivable!
exstasie
Active Member
Wow...that is quite unbelievable.
Possibly 5 years and counting! That's getting up to Trump time!!
airbag
New Member
I was one of the unfortunate people to get a unit there.
1. The push back of completion date by two years is quite upsetting. I was sort of counting on moving in summer 2010. I wonder if it is possible to resell the unit. Has anyone ever heard of reselling a pre-construction unit in a place that is not built yet?
2. Subsequent to the demolition of the sales center I discovered that there is a chimney that can possibly eclipse the view from my unit. I'm not sure it's going to be a big deal but I'm still slightly concerned.
The chimney was not visible before the demolition of the sales center. The chimney does not appear on the mock-up 3d view on the website. I feel somewhat cheated.
Is there anything I can do about it?
1. The push back of completion date by two years is quite upsetting. I was sort of counting on moving in summer 2010. I wonder if it is possible to resell the unit. Has anyone ever heard of reselling a pre-construction unit in a place that is not built yet?
2. Subsequent to the demolition of the sales center I discovered that there is a chimney that can possibly eclipse the view from my unit. I'm not sure it's going to be a big deal but I'm still slightly concerned.
The chimney was not visible before the demolition of the sales center. The chimney does not appear on the mock-up 3d view on the website. I feel somewhat cheated.
Is there anything I can do about it?
carturo15
Active Member
Yes, you can sell your agreement of purchase and sale and reassign the unit to someone else, however it requires approval from the builder and also you need to pay a fee, I think is $2000 or $2500.
What type of unit did you get there?
What type of unit did you get there?
cdr108
Senior Member
1. sorry to hear about the delay but inevitable and typical of condos from what i've heard these days.
re: selling ... you cannot sell what you don't own; however, you can assign your unit as long as you have the developer's permission.
2. buyer beware! 3D mock-up would be artists rendering ... i'm sure there's a disclaimer among other things.
did you not go to the sales center and walk around the area before purchasing? it's not like the chimney miraculously appeared out of no where.
cmcint01
Active Member
Airbag - I believe the chimney is coming down. The bad news is an apartment building is going up where the chimney is. You should check the link for 525 Adelaide.
tad11
New Member
Airbag- regarding cdr108's reply to your chimney issue: if I'm not mistaken the chimney is in the rear section of the lot east of Six50 on King. The 525 Adelaide project is to the north and east of the Six50 site. It is a huge building and if it goes ahead as proposed won't be blocking important views from Six50 but will have serious consequences for privacy. Units on the south side of 525 Adelaide will have a view, if they look SW, directly into the E facing units in the Bathurst building which, at least on the upper levels, would otherwise not have been so exposed.
exstasie
Active Member
There should be something in your agreement of Purchase and Sale regarding the sale of your before you have taken ownership.
There is a fee, which I tried to get waived from the contract at my condo. No dice though haha.