Quote:
Originally Posted by Klazu
Nice! I was somehow under impression that it would be 41 floors similarly to Gold House. I hope the darker theme would happen. It will be close to us, so with a 5 floor advantage we might still see over it. It's the Gold House that will be more of a view blocker for us (if we still live here when those go up).
The second tower will be much shorter, just like with Gold House. It will indeed be quite a row of towers once all completed. 
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I just noticed a "For Sale : For redevelopment" sign on the lot exactly across the street from you, at the corner of Telford Ave. and Beresford, this morning.
I don't know how long it's been for sale, but that was one of the properties I'd previously been informed that the owner had no interest in selling for any price.
How times change.
Or perhaps he saw his next door neighbour to the East sell his lot for $32 Million to Thind properties who are doing the residential tower and non-market BC Housing rental mid-rise building, and he figured it was time to cash in.
I'm somewhat surprised that Thind properties didn't just buy both lots and apply for rezoning to combine them and have a lot size comparable to the other towers along Beresford. It's a pity about that.
Or maybe they did make an offer, which was rejected, and then this guy saw the neighbour sell his lot, and suddenly the market value for his lot plummeted since his lot alone is too small to build a Highrise residential tower (to me anyway), and he figured it was now or never.
In any case, if there are any buyers, given the size, I would expect no more than a midrise or low-rise.
So (assuming he finds a buyer), that would leave only the lot between the Thind properties and the Moda tower as the last remaining lot in front of the mall on Beresford between Modello and Modo, still with a walk-up and with redevelopment potential - leaving the owner of it sitting on a virtual gold-mine, whenever he decides to sell.
Assuming a big developer doesn't already own it.