davcocom
Active Member
I wonder if they will be breaking ground soon now that more than 50% is sold
8.9, even 5.7 would be the most expensive non SFHs ever sold in Edmonton, right?I wonder if they will be breaking ground soon now that more than 50% is sold
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In this current market environment with rates, a soft condo market, and the limited market for luxury condos any type of bank financing would likely require 100% presalesI wonder if they will be breaking ground soon now that more than 50% is sold
Yes, I heard that the penthouse that was sold was actually on a $ per sq. ft. basis a record for all of Alberta, higher than any $ per sq. ft. even sold in Calgary. It also was higher than the Pearl penthouse which sold earlier this year a for about $1,235 per sq. ft.8.9, even 5.7 would be the most expensive non SFHs ever sold in Edmonton, right?
As far as I am aware, yes.8.9, even 5.7 would be the most expensive non SFHs ever sold in Edmonton, right?
Sure, but when you have $$$ to burn, why not?I cannot imagine even considering spending $6-9mil on a place in Edmonton. To each their own I guess, but that's nuts and simply a poor investment.
2-3mil, sure, but 6-9mil can get you some pretty amazing places in Vancouver, Vic, Toronto, MTL, Palm, San Diego, hell NYC.
I'd honestly choose a $6-9M in Edmonton over almost all of these cities, save for maybe NYC and Toronto.2-3mil, sure, but 6-9mil can get you some pretty amazing places in Vancouver, Vic, Toronto, MTL, Palm, San Diego, hell NYC.
Someone retired I know very well moved from a pleasant, warm BC city to a colder winter city (not Edmonton) because several of their kids and grand kids live there.Lots of lonely people in great climates. Lots of life is the people you do it with, even if the place that lands you wouldn’t be your 1st round draft pick it starting fresh.
And even this... Weather is such a matter of personal preference. I don't care how much people try to convince me, IMO Vancouver or Victoria, for example, DON'T HAVE NICER WEATHER than Edmonton. Damned be the warmer temperatures. The rainy, gloomy winters are MUCH worse on my mental health and general well being than the frigid winters here.a pleasant, warm BC city to a colder winter city