random
New Member
What do you think prices for the Oasis and Haven models will shoot up to? I assume around a million, right?
- Thread starter gquest
- Start date
random
New Member
Stairs
gquest
Active Member
I doubt that. Based on today's market should be $720k to $800k. Those stack townhouses in brampton are selling around that range for similar Floorplans liak oasis and haven
Oceans13
New Member
Oh no! I’m sorry about that. I was going to get an additional parking spot and they were asking for a cheque for 10% of it.(35k for the spot I believe) I was so upset with the progress at that time I just decided not to send them a cheque.
random
New Member
Believe it or not. I was looking for additional parking too, 20k, with 3k upfront. Decided not to as I was getting skeptical about construction timelines and excuses.
jbaa1
Active Member
Damn, sorry about that. Good though you didn’t get the extra parking.
I’m probably just gonna take my deposit back if price increase is more than 10%. Fuck precon, this industry is dead.
random
New Member
it probably will be more than 10%, but 750 doesn’t seem too bad. We’ll wait and see I guess.
jbaa1
Active Member
I’m too butt hurt to accept 750 considering the low price I got back in ‘17 lol, I’m just gonna take my deposit, wash my hands clean of this whole fiasco, and move on from it.
random
New Member
That’s true, I forget to realize that people actually bought earlier too.
jbaa1
Active Member
Funny thing back at that time, I was reluctant because thought the prices were high
athundo
New Member
Lenders file application to place several GTA Vandyk housing projects in receivership
2 housing development projects in Brampton, one in Etobicoke and 2 more in Mississauga named in Superior Court filing
www.bramptonguardian.com
" "The Vandyk Group remains committed to seeing its projects through to completion,” said Dan Rosenbluth, Vandyk’s lawyer. He said the group is working to secure new sources of financing to help continue the projects, through several experienced real estate investors. “The Vandyk Group’s goal is to complete these arrangements early in the new year, at which point a further update will be available to all stakeholders,” he said."
How in the entire f*** do they plan on doing that?
gquest
Active Member
Yeah, that was why the Judge gave them until January 2024 to payoff all debt or enter receivership. Seems like Vandyk is on some powerful stuff...Lenders file application to place several GTA Vandyk housing projects in receivership
2 housing development projects in Brampton, one in Etobicoke and 2 more in Mississauga named in Superior Court filing
" "The Vandyk Group remains committed to seeing its projects through to completion,” said Dan Rosenbluth, Vandyk’s lawyer. He said the group is working to secure new sources of financing to help continue the projects, through several experienced real estate investors. “The Vandyk Group’s goal is to complete these arrangements early in the new year, at which point a further update will be available to all stakeholders,” he said."
How in the entire f*** do they plan on doing that?
Well I'm counting down to January 31 2024.
jbaa1
Active Member
You can stop counting now, it’s been over lol. Don’t get your hopes up, it’s just more distractions.Yeah, that was why the Judge gave them until January 2024 to payoff all debt or enter receivership. Seems like Vandyk is on some powerful stuff...
Well I'm counting down to January 31 2024.
gquest
Active Member
My countdown is waiting for the official email from KSV on January and stating how long it will take to wrap it up. Not holding my breath on Vandyk, never!
jbaa1
Active Member
Even their lawyers on the take lol