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  #11  
Old Posted Apr 8, 2014, 4:02 PM
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Dado Dado is offline
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Join Date: Jul 2007
Location: Ottawa, Canada
Posts: 2,521
I don't know to what extent this is related to the apparent lack of sales at Upper West, but it's become noticeable over the past several months how slowly a lot of the semi-McMansions in the area are selling.

There are projects all over the area with unsold units and new units being rented out, while developer-acquired cottages and bungalows are also now being rented out, whereas in the past they just tended to stay unoccupied for a few months during the rezoning process before being demolished.

Perhaps the supply of people willing to pay anything to get into Westboro has finally dried up.
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