LMVDR
Active Member
Units start at $750,000....for 591 sq ft. Floor premiums are $5,000?
What sort of market is that trying to target? The rent on that would be at least $3,000 to allow the owner to break even on the purchase.
Just a guess but probably going after the money laundering specuvestor crowd who doesn’t mind purchasing from a no name developer who ripped down a heritage building in the middle of the night.
By the way this isn’t Yorkville, it’s Yonge and Bloor. Big difference.