Quote:
Originally Posted by Skynet
I wonder if they will sell enough units though, since it's not in the downtown area compared to the ones you listed
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I get the sense that there are a lot of affluent boomers who are downsizing / moving on from the upkeep of a freehold house, and want to be in the urban west end, but not downtown.
I'm not entirely sure who's buying specifically the larger one-bedroom / one bed plus den units in here? Do the rent #s support it for an investor? Maybe there will be a few single/divorced boomers? (If I were one of those, I'd way rather live on Echo Drive). I don't imagine they're selling like hot cakes to the under-40 yuppies.
So many questions I have about the occupant profile of the under-$800,000 units in here!