Quote:
Originally Posted by kwoldtimer
Iinm, the asking has been dropped to $799K.
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Unit 209 is listed for $814,900, one of three units for sale on MLS by the builder. Unit 207 is for sale by the owner for $799,000. All include parking (pre-wired for charging) at $35K. Prices range from ~$690 to $800 per sq ft. That's on par with, or cheaper, than new condos in Westboro, Greystone Village, New Edinburgh, Lansdowne, etc. (btw, parking at most new projects is now $45K)
Sorry if this sounds like a sale pitch. Someone was asking why Zibi hasn't launched add'l new condo buildings. They've actually explained this: they believe prices will rise as the overall project takes shape; until then they want to own the buildings. Hence the emphasis right now on on purpose-built rental.