kennyx
Active Member
Hi guys,
As with many of you I'm sure, I have purchased one of the X Condo units. I was wondering if anyone here has any information about X Condo unit prices falling because of this looming--scratch the "looming"--because of the recession?
Anyone? I'm slightly worried about my investment...
Thanks,
pete
I doubt you'll see any prices fall... at least until the unit is built.
We're looking at a project which is already 90%+ sold, and wont be completed until the end of 2010.
I just dont see any reason for the prices to fall for any of the units right now.
Now if we're talking about selling your agreement to another sell now, then yes, you'd probably see lower prices... but I doubt that would be any different relative to any other project right now.
Plus it's in a pretty good area, 2blocks away from yonge & bloor.