jch8899
New Member
Anyone brought the Frederick? is the price reasonable?
- Thread starter jch8899
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AlbertC
Superstar
Whether or not it's reasonable may be subjective. But it is 2022 afterall...
toronto647
Active Member
Just for context, the 1 Bed "Couples" unit is about $1500 p/sqf after the $30K cash back incentive. At Metro Park in Flemo a 1 bed same sqf was $1300. I would say Fredrick is fairly priced for that area and type of building.
FYI - Here is the hot list which is the units leftover after the vip launch. Surprised there are still 1 beds leftover.
Frederick Live Hotlist
Sheet1 HOTLIST UNIT,MODEL,TYPE,SQ.FT.,VIEW,OUTDOOR SPACE,PRICE,PRICE W/CASHBACK** 208,WILSON,BACH,385,N,Terrace,$649,900 ,$629,900 1306,COUPLES,1B,498,N,Balcony,$792,900,$772,900 1705,COUPLES,1B,498,N,Balcony,$796,900,$776,900 2106,COUPLES,1B,498,N,Balcony,$800,900,$780,900 405,COUPLES,1B,498,N...
jch8899
New Member
Thank you all for your inputs. #1305 is gone, the others 1 bedrooms left, I think there are on the lower floors with big balconies at higher prices. I think a lot of investors went to Metro Park instead. Personally, I like the Frederick's area is better and LRT is right there. Probably more primary home owners are downsizing in the area and buying because not many 2bedrooms left!
toronto647
Active Member
With Metro Park your looking at about $250 p/sqf less and yes Frederick has the LRT right there however Metro Park once built will have the Ontario Line right there. Probably more bang for your buck and higher potential at Metro Park imo if your playing the long term game. In any case both projects are winners and will do well. What doesn't do well in Toronto lol
AJHansen
New Member
Hi everyone, when do you think a realistic estimate for the occupancy date would be? Our tentative date is in September (lower floor), but we're unsure about what a 'realistic' timeline looks like. Would it be unreasonable to expect it to be ready before January 2026?
Really appreciate any insights!
Really appreciate any insights!
AlbertC
Superstar
I don't think occupancy this September is possible. January 2026 may also be tough. I would personally set expectations for Spring or Summer 2026 at this rate.
AJHansen
New Member
Thank you for the reply! I thought it's gonna be delayed due to tarrifs and challenges in material supply... then hoped it would be completed at least before the New Year
