Quote:
Originally Posted by Stormer
I think you are ingnoring a major difference. The exisiting downtown condos you are referring to I believe are all former office building retrofits that the developers acquired cheaply. You can't build a new, quality highrise condo for anything approaching $235 per square foot.
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Also of note are the condo fees in those buildilngs... Sure some of the prices of the units in the TD tower weren't too bad... some around $235K like Neil said... but the big factor there was also the condo fees... TD building condo fees were right up in the area of $500/month. $500 is definitely on the high side for condo fees.