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Old Posted Sep 1, 2015, 4:41 PM
fizzle fizzle is offline
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Join Date: Aug 2010
Posts: 81
Quote:
Originally Posted by NortheastWind View Post
I lived in that area 20 years ago and it was never a problem then. Old houses and a few down and outers but never really bad. Not sure about nowadays.
To be clear, houses in the area go for around 200k, with some outliers going as high as 250k, and as low as 150k.

Houses.

He's selling 1000 sq. ft. condos in that building for 300k, and smaller 500-600 sq. ft. units for between 160k to 270k.

I'd also like to point out that he has a link on the project page that reminisces about the Candy Factory Loft conversion he did in 1993, right before the big Toronto condo boom and subsequent real estate bonanza, that disingenuously suggests that a 260k condo purchased today at Gibson might be worth 711k in 20 years.

I sound like a broken record in Stinson threads, but buyer beware.
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