Just Listed- Arrive sub penthouse

[JordanLotoski]

2670 sq feet with 3 TITLED PARKING STALLS. This incredible property features fabulous finishings, outstanding City views and comes with THREE parking spaces. Features include two large bedrooms, a beautiful living room with an entire wall of custom built-ins, three balconies, 7" oak hardwood flooring with a washed chocolate stain, top-of-the-line Miele and SubZero appliances and a magnificent master ensuite with a Duravit soaker bathtub looking out to the City lights, a new custom make-up desk, marble countertops and a frameless glass shower with a rainshower showerhead. This is truly one of the most spectacular suites in the entire building! Must be seen!

Offered at 1,399,900
Condo fees 1451.00
Includes 3 titled parking stalls (side by side)

http://www.ca.open2view.com/properties/3552

[e36bmw///]

nm

[benyl]

Damn, the condo fee is more than some people's mortgages!

[muse017]

Originally posted by benyl
Damn, the condo fee is more than some people's mortgages!

thats more than my mortagage+ condo fee + property tax

[CanmoreOrLess]

Nice digs, after the condo fees, all I can afford to park in the three titled parking stalls would be my DD bookended by the rest of my stable of fine autos.



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[JordanLotoski]

Originally posted by e36bmw///
That is so nice. Do you walk in straight from the elevator?

Yes private elevator right into unit

[Sugarphreak]

...

[eblend]

Originally posted by Sugarphreak

I wonder how much the special assessment is going to be to cover all the flood damage though.

Wonder the same. Does the seller have to disclose this information of can they just sell it to someone who doesn't know better and find out after the fact? Not that it matters for anyone buying this place, but still.

[Mitsu3000gt]

Originally posted by Sugarphreak
Arriva... Not Arrive! Nice digs, I used to live there and it is an awesome building.

I wonder how much the special assessment is going to be to cover all the flood damage though.

Shouldn't it be zero if they have a decent reserve?

I believe condo buildings are considered commercial and therefore can be covered by flood, so the reserve fund would just need to pay a deductible. Can someone confirm that, or correct me if I'm wrong?

I was also in there after the flood and I didn't see any damage whatsoever. It was obvious the parkade had a bit of water in it, but I didn't see anything out of the ordinary otherwise. I didn't look everywhere though.

[Hallowed_point]

There was next to no flood damage at arriva relative to the situation. Some minor drywall in the elevator lobbies/main lobby and a parkade cleaning. Nothing major to warrant a special assessment. No vehicles in the parkade were damaged etc

[JordanLotoski]

Sorry, was a typo...Arriva.

There was next to no flood damage in the building, was cleaned up within hours after the flood.

Btw...Its CS

[JustinMCS]

Originally posted by Mitsu3000gt


Shouldn't it be zero if they have a decent reserve?

I believe condo buildings are considered commercial and therefore can be covered by flood, so the reserve fund would just need to pay a deductible. Can someone confirm that, or correct me if I'm wrong?

I was also in there after the flood and I didn't see any damage whatsoever. It was obvious the parkade had a bit of water in it, but I didn't see anything out of the ordinary otherwise. I didn't look everywhere though.

Yes, condo buildings have flood insurance, but the deductibles are MASSIVE. For example, the building I am in is worth about 5-6 million, our deductible is 25k. So, the owners would be assessed the deductible unless other arrangements are made.

[Anton]

Some big balla must live there

[NoMoreG35]

Originally posted by muse017

thats more than my mortagage+ condo fee + property tax

Ditto.

[revelations]

Originally posted by Sugarphreak
Arriva... Not Arrive! Nice digs, I used to live there and it is an awesome building.

I wonder how much the special assessment is going to be to cover all the flood damage though.

Did they fix the outstanding issues with the builder ? I was going to buy back in 07 but decided against as the building appeared to have huge legal and financial issues back then.

[max_boost]

That's sick. Would love to live there.

[CanmoreOrLess]

Sign of the times, no one mentions the few Flames players that live in Arriva.

[JordanLotoski]

^^ I believe the buyer of this is a flood victim. I also how another agent waiting if this falls apart.

Great time to sell a condo, very limited supply of new product on the market.

[JordanLotoski]

SOLD...@ 100% of list price