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Old Posted Sep 3, 2012, 6:04 PM
statbass statbass is offline
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Location: St. John's
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Condos: Best Bang for New Buyers' Bucks

Thought I'd post this story in this thread seeing it references the Blackmarsh Rd. condos.

Source: VOCM, Sept 3, 2012

Quote:
The number of condominiums in the metro area has increased steadily over the past few years, and there are several new condo developments under construction. Remax Plus Realty's Jim Burton says it's an interesting part of the local market that seems to be gaining momentum. The man behind Team Burton says the condo's appeal ranges from first-time buyers to older couples whose children left home. Burton says there is a change in the city's market with several condo projects being developed and each has its own attractiveness.

He says the Blackmarsh Road condo project features a 1,000 ft. unit for about $215,000. With 50 per cent of the St. John's market said to be first-time buyers, he says that option is a smart opportunity for them to get into home ownership.
http://www.vocm.com/newsarticle.asp?...26319&latest=1
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