[BaconPoutine]

I just appraised a unit in Stinson School. It was purchased in pre-construction with the deal closing in August of 2014. Since then it's gained 31% in value, so roughly 16% a year. Above average appreciation, but that doesn't account for any deposit money that was tied up for years prior to completion.

Granted, the owner told me that the unit took a year longer than promised to complete, but they praised Harry's commitment to preserving the heritage features of the building. Overall the owner was pleased with the purchase.

Given the surplus of Stinson units on the market it would be expected to take well above average exposure time to sell.