Quote:
Originally Posted by Takeo
The height phobia is real. But so are market conditions. I'll be surprised if the Roy sells out anytime soon. May take years.
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I've been into the show suite and sales room a couple times - the finish packages are nicer than, like, 80% of what I've seen elsewhere in this city, and the balconies are huge. There are nice amenities, and I think a building like this will appeal to buyers looking to have a downtown lifestyle (but relatively far from things like groceries). It's a more urban feeling development than Gorsebrook and Curve, which have this kind of idealized condo by a park feel. The north end condos like Harris East and Q Lofts are much lower levels of luxury... like, WAY lower, and would be more appealing to buyers entering the market. Meanwhile, I feel like Monaghan felt distinctly suburban.
If they can market it to the right segment (and the demographic is large enough) they could maybe sell out in a reasonable time frame. However, the multiple switches of sales teams tells me that they're having difficulty.