[Burnaby] The Amazing Brentwood | 15 Towers | 186m | 56 flrs | U/C & Proposed - Page 197

Meraki · #**3921** Posted **Sep 8, 2019, 5:01 AM**

Quote:

Originally Posted by cairnstone

Shape is the developer and they are in it to make money. Shape may have sold off the rental to one entity so that group will most likely demand to have the rental portion done first. This is very common in purpose built rentals as the developers building them don't plan on operating them as rental units so sell off the complete project prior to completion. But the buyer usually have penalty in the contract so they get priority.

Presale units are treated differently as they are usually finished to a higher standard. Individual walk throughs take way more time than a owners rep that has walked through the units on a regular basis. And in this market if your only 6 month late that is almost perfect.

And as a Presale basically you are buying on speculation that the project may go ahead. In Richmond on project the owners got their downpayment back.

The rental is also monthly income. All the presales are set in stone, but for every month the rentals are delayed is like $600,000/mo.

NetMapel · #**3922** Posted **Sep 8, 2019, 5:27 AM**

Quote:

Originally Posted by Zepfancouver

Screen shot from the video

https://youtu.be/bOIKAu8DCmg

Wow is that Metrotown or New Westminster's skyline on the left?

Spr0ckets · #**3923** Posted **Sep 8, 2019, 6:48 AM**

Quote:

Originally Posted by NetMapel

Wow is that Metrotown or New Westminster's skyline on the left?

That's Metrotown.

When have you ever known New West to look anything like that?

GeeCee · #**3924** Posted **Sep 8, 2019, 10:50 AM**

Quote:

Originally Posted by Spr0ckets

That's Metrotown.

When have you ever known New West to look anything like that?

It kind of looks like New West if you quadrupled the density, doubled the heights, and made all the towers 20 years newer.

jamieson · #**3925** Posted **Sep 8, 2019, 3:37 PM**

Quote:

Originally Posted by Spr0ckets

That's Metrotown.

When have you ever known New West to look anything like that?

lmao. I just choked.

Cypherus · #**3926** Posted **Sep 8, 2019, 6:06 PM**

That's a terrific picture. Really looks like 3 distinct cities.

Spr0ckets · #**3927** Posted **Sep 8, 2019, 8:15 PM**

Quote:

Originally Posted by GeeCee

It kind of looks like New West if you quadrupled the density, doubled the heights, and made all the towers 20 years newer.

......and squint really hard.
Really, really, really hard.

While looking at it askance from behind a series of obstructing blocking objects.

Nites · #**3928** Posted **Sep 8, 2019, 8:48 PM**

Pretty nice capture Zep

NetMapel · #**3929** Posted **Sep 8, 2019, 8:56 PM**

Haha my bad my bad. It has been a while since I looked towards Vancouver from an angle like that. Not often I go to Edmund

King's Crossing name also just sounded like Surrey's King George so I thought the panorama is from Surrey.

cairnstone · #**3930** Posted **Sep 9, 2019, 3:52 PM**

Quote:

Originally Posted by Meraki

The rental is also monthly income. All the presales are set in stone, but for every month the rentals are delayed is like $600,000/mo.

Well said point about the rentals being $600000per month. In the big picture the Rental is the most important part of the project. Also the rental towers take less time to build as they typically have a lower standard of finish.

VarBreStr18 · #**3931** Posted **Sep 9, 2019, 6:26 PM**

Quote:

Originally Posted by cairnstone

Well said point about the rentals being $600000per month. In the big picture the Rental is the most important part of the project. Also the rental towers take less time to build as they typically have a lower standard of finish.

Provided all 300 units are rented out asap. Btw how are they doing really?

Meraki · #**3932** Posted **Sep 9, 2019, 10:49 PM**

Quote:

Originally Posted by VarBreStr18

Provided all 300 units are rented out asap. Btw how are they doing really?

Only Shape would know. I got a showing of the unit and signed a lease in early July. They're still advertising so there's clearly units available.

For rentals the colour scheme alternates between wood panel and all white kitchen (White on odd.) Only certain floors are pet-friendly, but I didn't ask more about that.

MetroYVR · #**3933** Posted **Sep 9, 2019, 11:19 PM**

Quote:

Originally Posted by Meraki

Only Shape would know. I got a showing of the unit and signed a lease in early July. They're still advertising so there's clearly units available.

For rentals the colour scheme alternates between wood panel and all white kitchen (White on odd.) Only certain floors are pet-friendly, but I didn't ask more about that.

How much is your rent going to be?

officedweller · #**3934** Posted **Sep 10, 2019, 9:34 PM**

Great shots!

wh0-care5 · #**3935** Posted **Sep 12, 2019, 10:06 PM**

For those in Tower 1 and did a walk through, what did your cooktop look like? The apartment brochure I found online says "...4-burner gas cooktop with pull-out hood fan", but in the rental photos its an induction stove.

Could it be that induction is for the rentals and gas for purchasers?

MetroYVR · #**3936** Posted **Sep 12, 2019, 10:22 PM**

Quote:

Originally Posted by wh0-care5

For those in Tower 1 and did a walk through, what did your cooktop look like? The apartment brochure I found online says "...4-burner gas cooktop with pull-out hood fan", but in the rental photos its an induction stove.

Could it be that induction is for the rentals and gas for purchasers?

that's correct