The Downtown Condo Thread

[jwslam]

Originally posted by Canmorite
What's wrong with the Guardian building(s)?

Originally posted by vengie
The Guardian is being built by Hon Towers Ltd... I don't know about you, but I haven't heard of them. The Guardian was built strictly as an investment opportunity for foreign investors. I was at their launch and I can certainly tell you they were not too keen on helping me as I was not Asian and only looking to buy one unit.

I wasn't referring to Guardian being new. I was referring to Guardian 1 vs newer Guardian 2 (where vengie said to look at keynote tower 2 because it's newer).

Few friends who bought into Guardian 1 are telling me 2 has finishings much lower grade than what they got for a bigger price tag.

[BananaFob]

Originally posted by jwslam


I wasn't referring to Guardian being new. I was referring to Guardian 1 vs newer Guardian 2 (where vengie said to look at keynote tower 2 because it's newer).

Few friends who bought into Guardian 1 are telling me 2 has finishings much lower grade than what they got for a bigger price tag.

Also not sure how that's possible, sounds like hearsay to me...

Armony Cucine cabinets are going in to both towers and the spec was actually bumped up slightly for Tower 2. Only difference on the bigger price tag is that some of the upgrades available in Tower 1 were made standard for Tower 2 and built in to the price.

[vengie]

Originally posted by BananaFob


It's getting tiring to disprove this every time. I'm involved in the project on a financing basis so I've been able to see and underwrite every single purchase and sale agreement in the project as well as the entire background of the ownership/development structure. The Hons also own Jager Homes which is a pretty established builder in town. They've also built high rises in Vancouver (including a pretty nice condo tower in Coal Harbour) and multiple high rise developments in Hong Kong.

Multiple sales were NOT pursued at any time. There is perhaps a handful (ie less than 5) individuals that have purchased more than one unit. In addition, I've seen maybe 3 out of the 300+ sales with foreign addresses.

And to get off your little racism bit, there's plenty of non Asian purchasers in the building :p

I was actually waiting for someone to bring up racism... However it was an observation I made. Is it racist to not help the white guy?

[ercchry]

Originally posted by vengie


I was actually waiting for someone to bring up racism... However it was an observation I made. Is it racist to not help the white guy?

its racist to assume it was because you were white... maybe you just have a broke ass window shopper vibe to you

[vengie]

Originally posted by ercchry


its racist to assume it was because you were white... maybe you just have a broke ass window shopper vibe to you

Beyond is fun, a facetious comment instantly labeled racism.

Should have "Ballered" up a little maybe?!

[ercchry]

Originally posted by vengie


Beyond is fun, a facetious comment instantly labeled racism.

Should have "Ballered" up a little maybe?!

probably... whats wrong with you?!

[vengie]

Originally posted by ercchry


probably... whats wrong with you?!

I'm new to this whole "Wear expensive clothing to give people the impression you are ballin out of control when in actuality you are living in a mountain of debt" thing! give me a break! ahah

[TomcoPDR]

Originally posted by vengie


I was actually waiting for someone to bring up racism... However it was an observation I made. Is it racist to not help the white guy?

That's like saying white girls at the club won't go home with them cause they're Asian.

In the words of a Beyond buddy of mine: "You gotta transcend your race man"

[vengie]

Originally posted by TomcoPDR


That's like saying white girls at the club won't go home with them cause they're Asian.

In the words of a Beyond buddy of mine: "You gotta transcend your race man"

Actually no, its a completely different context. One is paid to do a job, and did not do it... I ended up buying another condo that same day.

It would be like a car salesman not wanting to help someone because they look poor.

Sales tip, never judge your potential client by what they look like. Some of the wealthiest people I know are very humble with their appearance. A good salesman can deduce quickly the intent of the person (Time waster, window shopper etc...) just by having a quick conversation.

[slick2404]

Originally posted by max_boost
BigMass, post up any gems you find. You always seem to be on top of things

Originally posted by BigMass


I've seen almost everything lol. What are you looking for exactly?

thanks for the links, I'm also interested in what others come across so keep 'em coming!

[woodywoodford]

^^ BigMass, basically anything with a view that rivals the Emerald Stone unit. I suspect there's not a lot of them that have the windows to capitalize on that.

[BigMass]

the requirements for 2 bed 2 bath are tricky within a reasonable price range and a good building that's why the Emerald Stone one is so great. 2 bed 1 bath is a lot easier obviously.

[max_boost]

Originally posted by vengie


Actually no, its a completely different context. One is paid to do a job, and did not do it... I ended up buying another condo that same day.

It would be like a car salesman not wanting to help someone because they look poor.

Sales tip, never judge your potential client by what they look like. Some of the wealthiest people I know are very humble with their appearance. A good salesman can deduce quickly the intent of the person (Time waster, window shopper etc...) just by having a quick conversation.

haha I think you just described Tomco right there lol

[max_boost]

Does anyone here live in Castello?

[know1edge]

.

[max_boost]

Waterfront pricing is so lol I went to look at a few units today with TomcoPDR.

Unit 1827, 900sq.ft 2/2/2 $605K. Price is GOOD. But damn 900sq.ft still feels like a squeeze.
http://www.realtor.ca/propertyDetail...rtyId=15367547

Unit 1927, identical specs to 1827 but this guy wants $729,900. LMAO

http://www.realtor.ca/propertyDetail...rtyId=15373005

It's been almost a year and not even one 2/2/2 1200sq.ft $800k range units has come up for sale.

It's either a 2/2/2 850sq.ft for $600k or a 2/2/2 1400sq.ft for 1mill, no in between.

[BigMass]

Originally posted by max_boost
Waterfront pricing is so lol I went to look at a few units today with TomcoPDR.

Unit 1827, 900sq.ft 2/2/2 $605K. Price is GOOD. But damn 900sq.ft still feels like a squeeze.
http://www.realtor.ca/propertyDetail...rtyId=15367547

Unit 1927, identical specs to 1827 but this guy wants $729,900. LMAO

http://www.realtor.ca/propertyDetail...rtyId=15373005

It's been almost a year and not even one 2/2/2 1200sq.ft $800k range units has come up for sale.

It's either a 2/2/2 850sq.ft for $600k or a 2/2/2 1400sq.ft for 1mill, no in between.

I don't think there is one buyer in the market now that's not shaking their head or doing the

I'm talking to selling agents, "love your oil 1000 pricing". Hopefully you find a buyer rich in money and poor on brains. You'd have to be seriously hallucinating to pay some of these prices. I've seen units in 40 year old buildings asking $500-600/sqft or more. I'm like buddy, i'll go down the street and buy a brand new never lived in building for that price. How crazy can one be?

People keep talking about how the market has turned, prices lower, buyers market. Lol not what I'm seeing.

[max_boost]

TomcoPDR and I wanted to take a look at these two today but we couldn't.

2113, 1400sq.ft 2/2/2/$950k http://www.realtor.ca/propertyDetail...rtyId=15235618

723, 1700sq.ft 2/2/2 $1.15mill http://www.realtor.ca/propertyDetail...rtyId=15235468

Both are conditionally sold! Which baller went out and bought these?!?!?

But man I gotta say Waterfront is such a nice building.

[sabad66]

What's 2/2/2 mean? 2 bed, 2 bath, 2.....?

[max_boost]

2 parking