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  #161  
Old Posted Feb 26, 2018, 12:34 AM
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This will be called "The Millennium" according to Halifax Apartments - the leasing arm of WM Fares. The name seems a bit dated, about 19 years too late to play on the Y2K craze, however, the 2019 opening date would tie in well with the 20 year anniversary of the release "Millennium" by the Backstreet Boys. Otherwise I am short of a segway from Schmitville to the Trillium.
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  #162  
Old Posted Feb 26, 2018, 11:23 PM
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Originally Posted by kph06 View Post
This will be called "The Millennium" according to Halifax Apartments - the leasing arm of WM Fares. The name seems a bit dated, about 19 years too late to play on the Y2K craze, however, the 2019 opening date would tie in well with the 20 year anniversary of the release "Millennium" by the Backstreet Boys. Otherwise I am short of a segway from Schmitville to the Trillium.
Maybe they are marketing it to a specific generational group? No 'boomers' allowed?

It does seem like an odd name choice...
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  #163  
Old Posted Feb 26, 2018, 11:58 PM
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Well considering a millennium is 1000 years and we're not even 2% in yet, maybe not so bad. Not sure when the cut off for the use of the term should be. Maybe 5% in?
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  #164  
Old Posted Apr 17, 2018, 11:55 PM
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Fencing is up around the last of the buildings to come down.
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  #165  
Old Posted Apr 24, 2018, 9:41 PM
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  #166  
Old Posted Jun 19, 2018, 5:20 PM
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  #167  
Old Posted Jun 25, 2018, 9:52 PM
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  #168  
Old Posted Jun 25, 2018, 11:10 PM
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Just how close is the new building going to be to the Trillium?
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  #169  
Old Posted Jun 27, 2018, 2:54 AM
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Just how close is the new building going to be to the Trillium?
It looks like the Trillium has a walkway and parking lot entrance bordering this property, about 20 feet in total width. The renderings shown on the first page of this thread look like this one will abut right to the property line for the first six floors. So... pretty close!
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  #170  
Old Posted Jun 27, 2018, 12:09 PM
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Originally Posted by Corker View Post
It looks like the Trillium has a walkway and parking lot entrance bordering this property, about 20 feet in total width. The renderings shown on the first page of this thread look like this one will abut right to the property line for the first six floors. So... pretty close!
I bet those buyers of Trillium condos on the east side of the building will be thrilled.
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  #171  
Old Posted Jun 27, 2018, 5:37 PM
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Originally Posted by Corker View Post
It looks like the Trillium has a walkway and parking lot entrance bordering this property, about 20 feet in total width. The renderings shown on the first page of this thread look like this one will abut right to the property line for the first six floors. So... pretty close!
More like 30 feet from the lot line to the curved part of the Trillium. (I measured from the viewpoint map.)
8 Trillium units remain unsold
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  #172  
Old Posted Jun 28, 2018, 2:00 PM
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8 Trillium units remain unsold
"remain unsold" as in they never sold, or are back on the market? Media reports before the building was completed indicated that it was 85% sold as of 2012.

Info came from the developer, but it's hard to imagine why he'd lie about it given that it can easily be fact-checked.

The building has 84 units, 85% is 71. So if eight "remain" unsold, that means they've only sold six units in the past six-and-a-half years? Seems more likely the building is just experiencing normal turnover, with a 9% vacancy rate at the moment, which is, I dunno, not a very big deal?
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  #173  
Old Posted Jun 28, 2018, 5:18 PM
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On the market doesn't mean vacant either. You can live in a unit while it's listed. You can rent it out too. And any unit will sell if the price is right. Sometimes people list for overly optimistic prices, particularly if they're in no rush to sell.

It's hard to say much about that figure without more context.

I would expect buildings to be built close together in this neighbourhood.
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  #174  
Old Posted Jun 29, 2018, 1:01 AM
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Originally Posted by Drybrain View Post
"remain unsold" as in they never sold, or are back on the market? Media reports before the building was completed indicated that it was 85% sold as of 2012.

Info came from the developer, but it's hard to imagine why he'd lie about it given that it can easily be fact-checked.

The building has 84 units, 85% is 71. So if eight "remain" unsold, that means they've only sold six units in the past six-and-a-half years? Seems more likely the building is just experiencing normal turnover, with a 9% vacancy rate at the moment, which is, I dunno, not a very big deal?
According to PVSC 8 units have never been sold.
Units 703,801,803,804,1003,1102,1103,1203, have NEVER been sold.
Total assessed value of the 8 units ....$5,148,800
Seems a reasonable guess that the unsold units are facing the adjacent construction, and are probably rented out.
PVSC tells the truth ( the data is taken from the Registry of Deeds ) but the same cannot be said of developers and real estate agents. And remember the old phrase -'Trust but verify'.
PVSC data is freely available, Registry of Deeds information requires an expensive subscription or a visit to the nearest office and payment of a small fee.
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  #175  
Old Posted Jun 29, 2018, 3:10 AM
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Quote:
Originally Posted by Colin May View Post
According to PVSC 8 units have never been sold.
Units 703,801,803,804,1003,1102,1103,1203, have NEVER been sold.
Total assessed value of the 8 units ....$5,148,800
Seems a reasonable guess that the unsold units are facing the adjacent construction, and are probably rented out.
PVSC tells the truth ( the data is taken from the Registry of Deeds ) but the same cannot be said of developers and real estate agents. And remember the old phrase -'Trust but verify'.
PVSC data is freely available, Registry of Deeds information requires an expensive subscription or a visit to the nearest office and payment of a small fee.
The problem is that the units that are East facing, probably had nice views of the water. I'd be pretty upset if I paid $600K+ for a condo with beautiful harbour views only to be looking into someones living room after 10 years. Funny thing is that judging by if the Trillium follows the same design per unit up the tower, units XX01, XX02, and XX03 are fairly undesirable, probably expensive city-facing units. They might be the better choice now after this new construction.
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  #176  
Old Posted Jun 29, 2018, 11:37 AM
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Quote:
Originally Posted by Colin May View Post
According to PVSC 8 units have never been sold.
Units 703,801,803,804,1003,1102,1103,1203, have NEVER been sold.
Total assessed value of the 8 units ....$5,148,800
Seems a reasonable guess that the unsold units are facing the adjacent construction, and are probably rented out.
PVSC tells the truth ( the data is taken from the Registry of Deeds ) but the same cannot be said of developers and real estate agents. And remember the old phrase -'Trust but verify'.
PVSC data is freely available, Registry of Deeds information requires an expensive subscription or a visit to the nearest office and payment of a small fee.
From what I can tell the #03 units all face west, overlooking Victoria Park and South Park St. Makes sense that harbour views sold first because who knew another tower would be built on Brenton?

Unit 606 does face east and will lose its view. It is the bargain of those for sale now being offered at $499,000 after being on the market for some time at $100K more and even sold originally for more than the current asking price. Some unfortunate choices in finishes may also be a contributor.

https://www.royallepage.ca/en/proper.../mls201801414/
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  #177  
Old Posted Jul 13, 2018, 4:26 PM
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Excavation in full swing now.

20180712_192842 by Jonovision23, on Flickr
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  #178  
Old Posted Aug 14, 2018, 11:53 PM
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  #179  
Old Posted Sep 2, 2018, 1:34 PM
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  #180  
Old Posted Sep 3, 2018, 9:32 PM
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