Buying a condo and leaving it empty is a good way to offset income from other sources (a tax perspective) and then cash in on a huge cap gain later. Btw.. great call on the July numbers CG

You are clearly a fool. Like I have said in previous posts you still need to educate yourself on the market. Start by doing a search of availability between yonge and univ and bloor south to college. There is nothing under 350k.... and burano 491 sq ft one beds start at 370k.. My calculator...

832 bay (Burano) averages about $720 to 750 a foot resale from what I have seen. The smaller units resale about 800 to 850 depending on height.. typically price per sq foot drops with larger units. Wellesley smaller units were priced below resales at burano on day 1. Theres a reason there...

Given that some comparable buildings in the area have units that have sold in the 800+ per foot range..Ice assignments are starting around $725 per foot up to about $900 for the top floors depending on floorplan, size and view etc. BTW..Those were the developers words. REGARDLESS.. Still...

CG - Good call ; ) TORONTO, July 16, 2014 -- Toronto Real Estate Board President Paul Etherington announced that TorontoMLS home sales through the first 14 days of July 2014 were up by 11.6 per cent year-over-year to 3,891. New listings were also up compared to the same period in 2013, but by...

Completed my 1st PDI at ICE - I am very pleased with the finishes of the suite and the quality of construction. Something I can honestly say have not seen from Lanterra until this PDI (and I have done many PDI's on Lanterra product) I only had 3-4 items on my PDI - compared to about 3 pages at...

I have been following this release very closely .. I have seen the availability for myself and its just over 90% sold

My reply would be the same - buyers are making a ton of dough You have to realize that most buyers here would have paid $500-$525 per square back in 2007. resale prices in this building should go for $725-$750 per foot to start so even with a price adjustment (which I don't see happening)...

Very true.. but on the bright side most buyers are are making a lot of $$

No letter yet. But heard verbally from a credible source. Purchasers basically have no rights under Tarion. The amendments from the builder have verbiage stating basically you waive rights under tarion

Hey Guys - Hope you are well. Expect your occupancy dates to be extended yet again - ~2 months

Sorry to hear TKE.. I have the same issue with one of my investments - I thought the trend would be way above average but the building has been stagnant in a strong market (other factors have lead to this) and this is a sign to sell for me. The others that I thought would be average have...

I am not an agent - and just slightly less educated than that ; ) http://www.torontorealestateboard.com/market_news/release_market_updates/news2014/nr_market_watch_0514.htm Best May on record! YOYprice increases over 8% in 416

The big boys are out I see.. the guys that are 10 to 20 posts deep trying to talk like they understand the market. Please do some research and understand where people come from then make a valuable contribution. I don't think it's fair to label all agents the same. I have been dealing with CG...

I see a huge difference in the ice pics vs examples provided. I think you need to do some more homework.

Wow! Cityplace has come a long long way.. I'm no expert in finishes but id rather have 3/8 travertine marble than 1/8 up to 1/4 ceramic any day. And did you change up that tile Eyeroll..

CG - That Travertine Marble looks pretty good in the bathrooms, gives a different look than the 1/8" ceramic at cityplace or infinity

I think you guys are being a bit harsh. These suites have the best finishes around.. and are close to what is offered at L tower IMHO. If you guys feel these are dated... please provide an example of what you feel are updated finishes?? There must be a reason there is so much interest to...

Looks great! I may be jumping the gun but finishes look like a step ahead of 300 Front and way better than what Tridel and Menkes are building just south of the Gardiner. But lets see what the final product looks like - Definitely a huge improvement from other Lanterra developments

My thoughts, please correct me if I'm wrong. I did this analysis when they launched this building so my 411 may be dated. West is obstructed to about the 30th floor (with the Greenpark Building next door) East above the 6th should be OK North above 6th should be OK S/E above the...