vistaway
Active Member
Current state of the site:
I would not be surprised if this job stops at some point with the current market.
Large demand and market prices are two different things. Right now buyers are struggling to close, especially when they signed at the height, here they bought for close to $800/sqft which at todays value is too high. There is still a long way to go until completion i guess but that is why hardly any new projects are starting today.I disagree, there is still a large demand for student housing close to Mac (and other Universities in Ontario). These will sell and be leased to students with no issues (in my opinion).