Quote:
Originally Posted by madog222
Also considering the rental side as 40% of this project will be; would being 500m closer to a station be worth an extra $100-200 per month?
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It's more like 850m really. Quick lazy math, 16k on top of an 800k unit is a 2% increase. Let's assume that property value:rent ratio is relatively linear. Is being 850m closer worth an extra 2% on your rent? If your rent is $3000 a month, that's more like a $60 increase for living directly above a Skytrain station vs 850m away. Sure seems worth it to me.
Quote:
Originally Posted by Spr0ckets
Regarding the north side of the line and any future developments, it's worth noting that part of the reason for the current lack of density on that side of Kingsway is probably partly due to Burnaby's sole viewcone to/from Central Park.
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Excuse my ignorance, but what viewcone? I tried looking this up and I can't find any resources mentioning Burnaby having a Central Park viewcone.
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