Tim MacDonald
Senior Member
December 6th
- Thread starter Lake Ontario
- Start date
rdaner
Senior Member
Great pix! I hope that there are more green roofs coming!
Tim MacDonald
Senior Member
December 15th
Tim MacDonald
Senior Member
December 31, 2023
NW87
Active Member
Tim MacDonald
Senior Member
February 11th
TheKingEast
Senior Member
I think there will be pain for investors here.
Tim MacDonald
Senior Member
There's probably pain for investors in a lot of projects.
TheKingEast
Senior Member
Certainly, but some worse than others.
toronto647
Active Member
Considering the high p/sqf at this project and the towns on this site, it will be a major loss. This project is in the middle of nowhere with no serious transit options.
just east of the creek
Active Member
Well not really. The developement is not so far from the GO or the new LRT if you need to travel, bus at the door, and you can actually walk downtown for a variety of services and entertainment, with plenty of waterfront access. Parks to both east and west….libraries, rowing, canoeing, sailing, biking…..a decent pub or two, what’s not to like?
rdaner
Senior Member
Plus there is a ton of retail along Lakeshore and UTM is not too far away.
Tim MacDonald
Senior Member
Utm is a hike. Even though this development is on the west end of PC I still find it a desirable area. Further east it can be a shitshow in the summer, particularly at night and the weekends.
TheKingEast
Senior Member
None of that will matter. Priced high even with low rates. Buyers are going to take a big hit here (at least with the townhouses).
Tim MacDonald
Senior Member
Yes, the town homes seemed grossly overpriced.