CDL.TO
Moderator
Or is it a parallelogram? It's a little disorienting to look at. Thanks for the pics, Andrew.
TO City of Light
Active Member
A few other very nice features here, all of which had me as a buyer at the preview weekend.
First, it is one of the few condos I saw in the geographic area and price range that oriented the largest units towards the south-west. Toronto summers are still too short to invest in a 1300 square foot apartment that has a primarily northern exposure. While living in a studio unit is not particularly pleasant, there is no need for compensation in the form of a dramatic southern exposure.
Second, the three bedroom units are designed so that one can easily do away with one making a perfect and large two bedroom unit with an enlarged lving room. Toronto condos are very good buys at the pre-construction phase in that one has a fair degree of freedom to re-design as long as the concrete slab walls are not involved.
Third, the angling of the south face means that a south-west oriented apartment has views not only south and west but also towards a good slice of east.
This is what I call perfecion and now I hope I live long enough to see the end, perhaps even the start, of construction. Their promised move-in date of 2009 is so ludicrous that it could not even be considered a lie.
Oh yes, and the downside of the design. The balconies appear to be very narrow. Terrace living is now possible for a goodly portion of May through September - five months. The design here is so 30 years ago when a balcony was where you store empty beer cases and your bicycle.
First, it is one of the few condos I saw in the geographic area and price range that oriented the largest units towards the south-west. Toronto summers are still too short to invest in a 1300 square foot apartment that has a primarily northern exposure. While living in a studio unit is not particularly pleasant, there is no need for compensation in the form of a dramatic southern exposure.
Second, the three bedroom units are designed so that one can easily do away with one making a perfect and large two bedroom unit with an enlarged lving room. Toronto condos are very good buys at the pre-construction phase in that one has a fair degree of freedom to re-design as long as the concrete slab walls are not involved.
Third, the angling of the south face means that a south-west oriented apartment has views not only south and west but also towards a good slice of east.
This is what I call perfecion and now I hope I live long enough to see the end, perhaps even the start, of construction. Their promised move-in date of 2009 is so ludicrous that it could not even be considered a lie.
Oh yes, and the downside of the design. The balconies appear to be very narrow. Terrace living is now possible for a goodly portion of May through September - five months. The design here is so 30 years ago when a balcony was where you store empty beer cases and your bicycle.
Mike in TO
Senior Member
^ Did Lanterra indicate a target start date for construction/excavation/preservation of the heritage building?
Andrew3D
Active Member
The sales agent told me Oct 2010 was the expected move in date for this building. I'm thinking this one will be a big hole in the ground by next summer.
MisterF
Senior Member
Am I the only one who isn't big on the car dealership building? I think it's the fact that it's so short. Bay St needs some tall, solid bases like on the Met or Malibu.
Blixtein
Active Member
Lanterra is one of the slowest developers around. Personally I don't think anyone is going to move into this building before 2011. Murano is a pretty good indication of what to expect in terms of occupancy.
marcus_a_j
Senior Member
I find MLS to be moving at a decent rate. Sales were quick, a bit slow to start digging, but considering the size of the site and how deep it is, excavation went pretty quick (mind you still some going on) and they have 2 or 3 levels of underground parking poured on the north side. That and they built a bridge too.
AlvinofDiaspar
Moderator
It's a parallelepiped.
AoD
C
Condoleeza
Guest
Burano Sales
Spoke to an agent at the Burano sales centre yesterday. She said the building is "around 80%" sold. Prices on the penthouses skyrocketed. To give you an example, a 2 bdrm model on the 48th floor is $175K more than the same one on the 22nd floor. Granted it has 10 foot ceilings....
Thinking of trying to flip but building has to be 85% sold.
Spoke to an agent at the Burano sales centre yesterday. She said the building is "around 80%" sold. Prices on the penthouses skyrocketed. To give you an example, a 2 bdrm model on the 48th floor is $175K more than the same one on the 22nd floor. Granted it has 10 foot ceilings....
Thinking of trying to flip but building has to be 85% sold.
UrbanAffair
Senior Member
Guess construction will start soon.
Mongo
Senior Member
This is from Nov 11 of last year. I see two possibilities:
1) There have been virtually no sales in the past three months, leaving the sales stuck at 80 percent.
2) That "80 percent" figure is hogwash -- the agent merely gave a number high enough to encourage people who are undecided to buy now.
Bill
urbandreamer
recession proof
Knowing how agents operate, option B is the truth.
Next to real estate agents, politicians look downright honest!
Next to real estate agents, politicians look downright honest!
Mike in TO
Senior Member
A few units on upper floors remain - construction likely to start in late spring.
Here are a couple shots of the model:
Here are a couple shots of the model:
Architecturefan
Active Member
i gotta say i love the design on the podium
Towered
Senior Member
It looks absolutely massive.