Quote:
Originally Posted by Deepstar
Kind of steep, but it's all relative. The penthouses at 'The River' are around 6,000 sq ft, but sold for 8 and 9 million. Considering this is a penthouse with quite a large terrace over looking a park and quite possibly having the best downtown view of anywhere, it's not a half bad price IMO.
|
Just a cursory glance at MLS for some comparables. Mark on 10th penthouse available for 861K which is under $700 per square foot (Park's is over $800), Mark's is on a much, much higher floor. Also a 3 bedroom 3 bathroom 2000+ sqft unit at Waterfront for 1.2M, also a much higher floor works out to under $600 per sqft.
Personally I just think they are overvaluing the terrace in that price because the unit size just doesn't match at all.