RE4WealthCreation
New Member
Yes this area is a great investment opportunity, With the way the toronto market is going, the value of units per square foot in these condos are very attractive. Cash Money is a tough one because they purchased the land so its not a lease I believe. Jesus Saves just needs a good offer I think.
The price per square foot on the towns were at low as $700 which is lower than the condos in the same development and lower than the two condos in the area that are being built (scoop, etc.).
I'm curious to see how that plays out. $700 just seemed so low but I'm coming from downtown where new condos can be 1400/sqft or above!
If that smart track stop ever gets built, this development will be only 20 mins from the core! That will change the income demographics of the area for the better.
Let's just hope we don't get an '08 financial crash before then!