The Downtown Condo Thread

[BigMass]

Originally posted by SmAcKpOo
700$ a month condo fees though

but 1200 sqft / 2 parking stalls and amenity filled building. That's actually not that high given the size of the unit.

PS. Good luck with it max_boost!

[Xtrema]

Originally posted by max_boost
BTW boys I have finally found what I am looking for. This unit is gorgeous. The gf can't stop talking about it. Got the bro support from friends and even the realtor likes it. (Not the typical buy buy buy sell sell sell realtor ... we have looked at quite a few over the past year)

http://www.realtor.ca/propertyDetail...rtyId=15388753

I think it's about $50k over priced but it should be negotiable.

Just gotta shuffle a couple things and if it's still around in 4-6 weeks I'm gonna list my house and see where things go!

My only reservation would be there will be a new building coming up that will block you current gorgeous view. Even if not all of it, still a good chunk.

Use this to low ball.

EDIT: Actually, impact should be minimal but you may still lose a bit of river view.

[sexualbanana]

Originally posted by max_boost
BTW boys I have finally found what I am looking for. This unit is gorgeous. The gf can't stop talking about it. Got the bro support from friends and even the realtor likes it. (Not the typical buy buy buy sell sell sell realtor ... we have looked at quite a few over the past year)

http://www.realtor.ca/propertyDetail...rtyId=15388753

I think it's about $50k over priced but it should be negotiable.

Just gotta shuffle a couple things and if it's still around in 4-6 weeks I'm gonna list my house and see where things go!

Have your parents seen it? They might not be okay with the sink and stove across from each other. Apparently it's bad feng shui.

[sexualbanana]

Originally posted by SmAcKpOo
700$ a month condo fees though

And at $800k, the least of your worries at that point is $700 a month in condo fees.

[Manhattan]

Originally posted by sexualbanana


And at $800k, the least of your worries at that point is $700 a month in condo fees.

Rich people are also the cheapest. Michael Jordan is "as cheap as they come" according to Barkley.

[J.M.]

Originally posted by Manhattan


Rich people are also the cheapest. Michael Jordan is "as cheap as they come" according to Barkley.

That's what happens when you have to give your ex-wife $168 million lol

[max_boost]

Originally posted by Xtrema


My only reservation would be there will be a new building coming up that will block you current gorgeous view. Even if not all of it, still a good chunk.

Use this to low ball.

EDIT: Actually, impact should be minimal but you may still lose a bit of river view.

Tower 3 in front of it is as high as it gets. The other towers are much shorter.

Originally posted by sexualbanana


Have your parents seen it? They might not be okay with the sink and stove across from each other. Apparently it's bad feng shui.

And at $800k, the least of your worries at that point is $700 a month in condo fees.

I didn't even know about the sink & stove thing. I don't pay much attention to feng shui

The gf loves the unit so much she has offered to cover the condo fees! But I will believe it when I see it.

This is only the second 1184sq.ft unit that has been on the market in the past year. That other one sold a year ago at $777k, west facing over Eau Claire market with a tiny 50sq.ft balcony. Is this view + larger balcony worth an extra $70k? Possibly.

The good thing is if someone snatches this up then I know the going rate but after paying attention to these listings, they do take quite a while to sell. Time will tell. I'm going on vacation in a couple weeks for a full weeks hence the delay with getting things rolling.

[Manhattan]

2500 sf for under 500K.

http://www.realtor.ca/propertyDetail...rtyId=15321608

Those condo fees

[flipstah]

Originally posted by Manhattan
2500 sf for under 500K.

http://www.realtor.ca/propertyDetail...rtyId=15321608

Those condo fees

Seller is providing a $10,000 credit to the buyer for condo fees.

[scboss]

Originally posted by Manhattan
2500 sf for under 500K.

http://www.realtor.ca/propertyDetail...rtyId=15321608

Those condo fees

Shit the condo fees are more then the price of my mortgage and condo fees combined lol.

It's a sad day when the give u 10k credit and it will only cover just over 5 months lol. My guess is problem with the foundation and a shit ass condo board

[flipstah]

Originally posted by warcaster


Shit the condo fees are more then the price of my mortgage and condo fees combined lol.

It's a sad day when the give u 10k credit and it will only cover just over 5 months lol. My guess is problem with the foundation and a shit ass condo board

Judging by the age of the building, they probably just did a special assessment that depleted their reserves.

[sexualbanana]

Originally posted by max_boost

I didn't even know about the sink & stove thing. I don't pay much attention to feng shui

My mom says opposing elements (fire and water) are bad.

[colt22]

Originally posted by dumplings
Has anyone bought into The Park by Central Memorial Park? They still have a few units available (2 bed, 2 bath, ~900sq ft). Location is awesome, I just dont know much about the developers (Lake Placid Group) and it seems like the building has been under construction for a while now (approaching 3 years). Any info would be appreciated.

I have a unit in The Park. Big delay with firing their glass contractor last year but they are on track for completion in August.

[GQBalla]

What's everyones thoughts on The Royal?

http://bestcalgaryhomes.com/the-roya...s-embassy-bosa

Looks pretty good for a investment property.

[Manhattan]

IMO builders are not offering discounts for new construction projects. You're paying 5-10% down without being compensated. Might as well buy something already built and earn cash flow right away.

You should be compensated to wait for a number of reasons - cash down, buying a unit sight unseen, market instability. Builders are getting too greedy.

[Neil4Speed]

Originally posted by warcaster


Shit the condo fees are more then the price of my mortgage and condo fees combined lol.

It's a sad day when the give u 10k credit and it will only cover just over 5 months lol. My guess is problem with the foundation and a shit ass condo board

Condo fees on that unit are reasonable for the size (0.72c/sq/ft) compared to other older 80's buildings with similar amenities. I will agree it needs a reno, but the unit actually has great potential (really nice views) and for someone with the funds and wants that kind of space its a good deal. Oh yeah, its priced like a new build 800sq/ft unit.

[GQBalla]

Originally posted by Manhattan
IMO builders are not offering discounts for new construction projects. You're paying 5-10% down without being compensated. Might as well buy something already built and earn cash flow right away.

You should be compensated to wait for a number of reasons - cash down, buying a unit sight unseen, market instability. Builders are getting too greedy.

isn't that the same for all new builds though?

Ill check it out to see what discounts they offer,
aren't they usually first pick
early to get on the list for an extra parking spot
random 5 k off or something?

[Manhattan]

What's 5K off an overpriced 500K unit?

[flipstah]

Originally posted by GQBalla
What's everyones thoughts on The Royal?

http://bestcalgaryhomes.com/the-roya...s-embassy-bosa

Looks pretty good for a investment property.

They're in a great location + retail anchor to help quickly stuff the reserve fund.

Definitely going to give Park Point a run for their money.

[flipstah]

Speaking of which...

The Royal Pricing

Studios. 455-461 sq.ft. - Starting at $287,900*
1 Bed/1Bath. 599-650 sq.ft. - Starting at $354,900
1 Bed/1 Bath/Den. 640-803 sq.ft. - Starting at $359,900
2 Bed/2 Bath. 990-1011 sq. ft. - Starting at $557,900
Sky Collection. 800-1591 sq.ft. - Pricing upon request

*Parking stall is not included with purchase price

Read it in another forum.