206 King Street West | ? m | 14 fl | Under Construction - Page 6

urban_planner · #1 Posted **Jan 12, 2022, 6:47 PM**

Now 14 stories as per the article.

Innsertnamehere · #2 Posted **Jan 12, 2022, 9:32 PM**

pre-construction buyers aren't going to pay much attention to that anyway from my understanding is they don't need to lock down a mortgage until they close on it once the unit is built. The rate that will matter to buyers is the one that is in place in 2025 when the building is done and the condo is registered.

All the developers get up front is the deposit, which can be as little as a couple thousand dollars and by law has to be cash, as it is part of the required downpayment on the property.

TheRitsman · #3 Posted **Jan 12, 2022, 9:46 PM**

Quote:

Originally Posted by Innsertnamehere

pre-construction buyers aren't going to pay much attention to that anyway from my understanding is they don't need to lock down a mortgage until they close on it once the unit is built. The rate that will matter to buyers is the one that is in place in 2025 when the building is done and the condo is registered.

All the developers get up front is the deposit, which can be as little as a couple thousand dollars and by law has to be cash, as it is part of the required downpayment on the property.

Id argue the opposite. Many first time home buyers think of rates at current. They also think housing prices will continue to rise. The developer is banking on investors and first time buyers grabbing a "great deal" before the prices continue to rise which will slow if interest rates go up.

You have to remember. Ontario has had like 25 straight years of increasing housing prices. People think the sky is the limit.

SteelTown · #4 Posted **Jan 13, 2022, 3:40 AM**

https://www.insauga.com/new-hamilton...avl9AbKBijNgCo

King&James · #5 Posted **Jun 30, 2022, 2:51 PM**

Quote:

Originally Posted by SteelTown

https://www.insauga.com/new-hamilton...avl9AbKBijNgCo

Just bringing forward the render....

Chronamut · #6 Posted **Jul 3, 2022, 11:25 PM**

Quote:

Originally Posted by King&James

Just bringing forward the render....

I honestly believe this is how most new developments in our city at least downtown should look - heritage reflected in the first few floors - modern on top. You get the nice modern look from far away and close up on the ground it still feels like good ol traditional hamilton.

Chronamut · #7 Posted **Jul 3, 2022, 11:26 PM**

Quote:

Originally Posted by King&James

Just bringing forward the render....

I honestly believe this is how most new developments in our city at least downtown should look - heritage reflected in the first few floors - modern on top. You get the nice modern look from far away and close up on the ground it still feels like good ol traditional hamilton, with a bit of a modern twist.

RealtorMarc · #8 Posted **Jul 4, 2022, 4:43 PM**

Quote:

Originally Posted by Chronamut

I honestly believe this is how most new developments in our city at least downtown should look - heritage reflected in the first few floors - modern on top. You get the nice modern look from far away and close up on the ground it still feels like good ol traditional hamilton, with a bit of a modern twist.

100% agree, this development is the one I'm most excited to see how it will turn out.

craftbeerdad · #9 Posted **Jul 4, 2022, 4:47 PM**

You're completely right @Chronamut, old school heritage ground floor up (till say 7-10 floor podiums max) and modern on top would really marry the city's past with a hopeful future.

SteelTown · #10 Posted **Nov 2, 2023, 3:28 PM**

Fyi

Quote:

Originally Posted by chronamut

TheHonestMaple · #11 Posted **Jan 13, 2022, 3:46 AM**

Nice find! With an LRT train no less!

Crapht · #12 Posted **Jan 13, 2022, 3:51 AM**

Quote:

Originally Posted by TheHonestMaple

Nice find! With an LRT train no less!

Although not in dedicated lanes. Tsk tsk.

lachlanholmes · #13 Posted **Jan 13, 2022, 4:16 AM**

Quote:

Originally Posted by Crapht

Although not in dedicated lanes. Tsk tsk.

I enjoy that while there are two LRT tracks in the rendering, traffic has been left as one-way westbound. I predict there will be no accidents whatsoever with such a flawless implementation of modern road design!

Beedok · #14 Posted **Jan 13, 2022, 12:23 PM**

Quote:

Originally Posted by lachlanholmes

I enjoy that while there are two LRT tracks in the rendering, traffic has been left as one-way westbound. I predict there will be no accidents whatsoever with such a flawless implementation of modern road design!

It runs on the tram equivalent of ‘out of the way, I’m a bus’.

Innsertnamehere · #15 Posted **Jan 13, 2022, 7:48 PM**

Quote:

Originally Posted by lachlanholmes

I enjoy that while there are two LRT tracks in the rendering, traffic has been left as one-way westbound. I predict there will be no accidents whatsoever with such a flawless implementation of modern road design!

to be fair that condition exists in Toronto. Adelaide has some long decommissioned tracks running down the middle of it with bi-directional tracks on a road that has been 1-way since the 1950's. The tracks aren't that old either, even if they are very old. It means at one point the TTC decided to build tracks for streetcars to go the wrong way down a one-way.

lachlanholmes · #16 Posted **Jan 13, 2022, 8:51 PM**

Quote:

Originally Posted by Innsertnamehere

to be fair that condition exists in Toronto. Adelaide has some long decommissioned tracks running down the middle of it with bi-directional tracks on a road that has been 1-way since the 1950's. The tracks aren't that old either, even if they are very old. It means at one point the TTC decided to build tracks for streetcars to go the wrong way down a one-way.

Really? That’s… interesting. I’ve noticed some of those tracks before, but always figured that they must just be leftovers from whenever the street was converted. Very interesting that they’d spend the money rebuilding them in the wrong direction… unless they had the inclination that they’d one day be reverted back to two-way?

bigguy1231 · #17 Posted **Jan 13, 2022, 3:23 PM**

The LRT with no overhead wires. I guess it's going to be diesel powered.

TheRitsman · #18 Posted **Jan 13, 2022, 3:49 PM**

Quote:

Originally Posted by bigguy1231

The LRT with no overhead wires. I guess it's going to be diesel powered.

Its a lot of work to render out overhead wires, and it wouldn't improve the view of the development. I think some people are a little obsessed with the overhead lines not being in any renders of LRT. After 200 years of overhead hydro lines that continue to not be put underground, I just don't see what the big deal is with the wires. The Netherlands doesn't have a single overhead electric line, and I don't see us pushing for that.

Also technically trams can use dynamic ground third rail without wires, though that brings many problems and is more difficult to implement.

bigguy1231 · #19 Posted **Jan 13, 2022, 3:54 PM**

Quote:

Originally Posted by TheRitsman

Its a lot of work to render out overhead wires, and it wouldn't improve the view of the development. I think some people are a little obsessed with the overhead lines not being in any renders of LRT. After 200 years of overhead hydro lines that continue to not be put underground, I just don't see what the big deal is with the wires. The Netherlands doesn't have a single overhead electric line, and I don't see us pushing for that.

Also technically trams can use dynamic ground third rail without wires, though that brings many problems and is more difficult to implement.

No they don't put them in because they don't want people to see how unsightly they are. I lived in this city with the overhead trolley lines. They were an unsightly mess.

ScreamingViking · #20 Posted **Jan 13, 2022, 4:13 PM**

The horror.... the horror......

https://www.grt.ca/en/ion-light-rail.aspx

https://realty.greybrook.com/2019/06...-this-weekend/

https://kitchener.ctvnews.ca/one-yea...-lrt-1.4992873

https://www.railwayage.com/news/more...s-for-ion-lrt/