Torontomapleleafs
New Member
there are materials in the hole and it appears they might’ve started at that. I saw workers in and around it too, and I’m assuming they’ll want to at least get the second towers base up before winter.
- Thread starter AlbertC
- Start date
Torontomapleleafs
New Member
Javid
New Member
in this market I think they won't take a risk to do so
Collingwoodbuildinglover
Active Member
Yeah but if they have the financing sales to be able to start the project I imagine they would want to because leaving the project unstarted runs the risk of people backing out and losing financing beforehand
Torontomapleleafs
New Member
just from what I saw there seems to be activity in the footprint of the 2nd tower. Materials, workers, etc.
Javid
New Member
when they started to sale their First Tower, mortgage rate was almost 1.5% and now is almost 6% ( almost 4 times more )
so for the first Tower purchasers jumped to buy, and now will they do again with this mortgage again? I don't think so.
all peoples interest to buy is based on their mortgage affordability which makes market up or down.
maybe I'm wrong.
Collingwoodbuildinglover
Active Member
Yes but do we know if the second tower possibly has had sales begin is what I'm saying
UtakataNoAnnex
Senior Member
...oh right, there's supposed to be two of those.
Torontomapleleafs
New Member
There’s literally 2 in the picture.
Koops65
Senior Member
Which pic are you referring to? Only 1 tower has been built so far...
Torontomapleleafs
New Member
The cover photo, it features both towers. Also if you’re interested, they seem to be preparing to start the other one.
Javid
New Member
don't worry, whenever any of the builders wants to sale, everywhere on the media all their agents will advertise, their deep sleep websites, facebook& insta pages all will be so active and announce it, is not possible to escape! LOL