So, what you're saying is that you've never been to the area? A quick MLS online search is not the same as actually visiting the area. And by the way, the distance from Wright Ave and Roncesvalles (the centre of roncey, realistically) to Dundas West Staion is 1.3KM according to google maps...

Have you ever been to the Junction area? I really don't see much of a difference between the strip and an area like Roncesvalles village. Property values south of the tracks have increased dramatically, even in the past year. As an investor, this is the kind of location people should be looking...

Oh, I guess not. I just looked them up on urbandb.com and it states that they were architects of that building too http://www.urbandb.com/canada/ontario/mississauga/absolute_world_1/

"Affordable" doesn't exactly mean that this building is going to be filled with welfare families or anything. Buyers still need to put up several thousand dollars for a downpayment (of their own money, not including the downpayment loan from Options), and must qualify for a mortgage. It's more...

In other news, apparently the architect for the building is Burka Varacalli Architects Inc., the same people who won the Pug Award last year for Toronto's ugliest residential building, the BeBloor at Bloor and Lansdowne. Beautiful. On the upside, they also designed the Absolute World (the...

Ok, new information. The dispute with NRI is still ongoing. Demolition is now slated to begin at the end of February (read: March), but Options is waiting until the NRI dispute is resolved before demolition begins...meaning that it could be even later. For people who have agreed to purchase...

Mike Labbe (Options President) had said that this should all be resolved by Christmas...doesn't sound like that's the case.... I think NRI is edgy because this other building is using the Options building to support its case for development in the area. "If they can build 500 residential...

I think you got a good price on that. I'm pretty sure that all 1+1 units were well over $200,000 for phase 2. I bought a 525 sq foot, one bedroom (technically a studio, but it's got a bedroom with door and all. The bedroom is 12'6" by 9'). I'm facing Southeast (so, downtown, high park, lake, no...

Well hopefully now that the building is essentially sold out, they'll start the demolition on time in a couple of weeks. Thanks for the update there, o_range.

According to my agreement to purchase, it is a freehold condominium. It is not a co-op. I own my unit, and can sell it for whatever the market will pay whenever I want.

Two reasons: 1) The train tracks are right there and the noise levels would be high when trains go by, and they don't want people complaining about how trains make sitting on the balcony not so fun. 2) NRI Industries specified as part of the agreement to support the approval of the building that...

If we're playing Clue, it was the Stockyard workers in the Junction Here's the lowdown on prohibition in the Junction: CBC did a report on prohibition in Canada and according to their story, on "April 30, 1904: A Toronto West End neighbourhood goes dry to end drunken rowdiness. Residents of...

Technically, the building is a freehold condominium. It won't be labeled a "co-op" in a sense that co-operative housing developments are today. The only reason why it would be referred to as a co-op is because (like most condos), the tenants will be sharing a co-operative role in paying for...

Toronto Star article Here's an article from yesterday's paper about a store in the Junction: http://www.thestar.com/article/286723 The article goes into a bit of detail about gentrification and how the neighbourhood is changing. Article: Forever Interiors' attitude: Reuse, recycle...

Options had an agreement with NRI that they would consult with NRI before making any changes to the design of the building. The building has been designed with strict air and window regulations because of NRI's proximity (namely no balconies on the North or East side, and pressurized air...

They have received approval from the city to change the design of the building, by the way...although I kind of liked this older rendering. The building will actually look like this:

Drove by today and they've got some demolition company's sign on the fence surrounding the site, so that looks promising. The website still says 75% sold, but based on the pin board that you get to stick your pin into when you buy a unit, it's closer to 95%... I have heard that they were...

Oh yeah, I guess that's what I meant by construction to begin in January. They've said that demo of Canadian Tire begins in January. I'm just wondering how on track that claim is. I've heard that there have been some legal issues with NRI Industries not being happy with revised building plans.

I recently purchased a unit in this building, but I've heard that there could be some delays in starting construction (scheduled for Jan 08). Anybody heard anything?