[Surrey] Quattro | Four building complex | 4 fl | Completed - Page 5

Diet Butcher · #81 Posted **Apr 23, 2010, 3:51 PM**

From QuattroLiving.ca

QUATTRO 3 GRAND OPENING MAY 1, 2010!

Quattro 3 is the 3rd building of the Quattro development. Quattro 1 & 2 sold out in a combined 5 hours and 7 minutes and we are sure Quattro 3 will have similar success. Quattro 3 offers a wide range of homes from Studios, Jr. 1 Bedroom, 1 Bedrooms, 1 + Dens and 2 Bedrooms.

Prices start at $139,900 with more than half the homes priced below $200,000.

whalley13 · #82 Posted **May 2, 2010, 12:08 PM**

Quattro presale started today, cbc news was saying that only 30 of the 160 units sold today compared to the phase 1 and 2 sellouts within hours....

I think this is due to the building delays and semi poor location....unfortunately nothing else has happened in the immediate area in the five years plus of quattro being there....hard to commit to a pre sale when the body rub across the street is not going anywhere...plus no other developers have started up any projects around quattro....

so is the poor pre sale a reflection on quattro...or a weakness of the city centre concept? with the poor pre sales, will phase 3 go ahead?

Diet Butcher · #83 Posted **May 2, 2010, 5:18 PM**

News1130 reports 47 sold out of 164 total with "thousands" lining up.

http://www.news1130.com/news/local/a...al-development

I think the previous 2 were sold during the height of condo mania, the real estate market is at a different point in the cycle. I think this will sell out, it will just take a little bit of time.

I think you are right that the 108th/King George area is certainly has a lot less going for it than the immediate area around the new Library where Ultra is being built.

Whalleyboy · #84 Posted **May 7, 2010, 3:56 AM**

picture from civic surrey http://www.civicsurrey.com/2010/05/05/quattro-3-begins/

jlousa · #85 Posted **May 7, 2010, 4:11 AM**

make sure you post a link to the source.

SpongeG · #86 Posted **May 7, 2010, 4:15 AM**

where does it sit on the site?

Blake · #87 Posted **May 7, 2010, 4:20 AM**

In a normal real estate market, 47 units sold on launch day is still excellent.

The days of 2007 are well over, and it's nice to see some sanity in the market again.

Whalleyboy · #88 Posted **May 7, 2010, 5:45 AM**

Quote:

Originally Posted by SpongeG

where does it sit on the site?

the corner of 108 ave and whalley boulevard

SpongeG · #89 Posted **May 7, 2010, 6:13 AM**

okay i still can't visualize it i thought it was already built out to 108th

Whalleyboy · #90 Posted **May 7, 2010, 7:39 AM**

the first one is built beside 107 a ave
this one is gonna be right beside it on the left

twoNeurons · #91 Posted **May 7, 2010, 1:38 PM**

This would be the building that abuts 108th street. It has the North view ( of the mountains ) but it's also right on 108th. Building 1 faced towards the city centre (South-West). Building 2 faced East.

Diet Butcher · #92 Posted **May 7, 2010, 2:56 PM**

Anyone have an update on how many units are sold now in the first week?

Whalleyboy · #93 Posted **May 25, 2010, 5:52 AM**

Looks like paul found a new image of the full include towers

picture from www.civicsurrey.com

officedweller · #94 Posted **May 25, 2010, 7:19 PM**

Nice, thanks. Now wouldn't it have been nice if the Quattro 1, 2 and 3 sites were mid-rises?

CoryHolmes · #95 Posted **May 25, 2010, 8:02 PM**

Those high-rises are going to do wonders for that stretch of KGH KGB.

whalley13 · #96 Posted **Jun 7, 2010, 4:14 PM**

There was an article in the surrey now, about Tony Perry the porn shop owner...he is giving up his fight to keep open as the site owner, tien sher, i believe, is tearing down the property next year for condos.....this might be a stretch as quattro phase 4 hasn't started and quattro 3 is still far from sold out

theQ · #97 Posted **Jun 7, 2010, 4:43 PM**

The sooner that those porn shops are torn down the better. Even if Tien Sher isn't planning on building on the site for a few years, I think that tearing the old buildings sooner than later could really help his condo sales. Quite a few potential buyers are concerned about the area, and the porn shops are a big concern. I think that he also owns the land that the strip club is on?

Having those buildings torn down, and showing a nice rendering of the high rises that he plans on putting in there could help him make faster sales at Quattro 3 and 4 IMO.

whalley13 · #98 Posted **Jul 20, 2010, 5:35 PM**

Anyone know how saless are going? i have noticed that building phase 3 has not progressesed beyoond foundation and they are now offering a leaseback guarantee....does anyone know what this is about? I was thinking of buying a rental unit in there, does this make it worthwhile?

Volksboi · #99 Posted **Jul 20, 2010, 9:54 PM**

Quote:

Originally Posted by whalley13

Anyone know how saless are going? i have noticed that building phase 3 has not progressesed beyoond foundation and they are now offering a leaseback guarantee....does anyone know what this is about? I was thinking of buying a rental unit in there, does this make it worthwhile?

I would not recomend this, its way to far out from all the other redevelopment. If you have the money, the best investment in surrey right now is Ultra as its right in the middle of all the new civic buildings being built. I own two in the Urban Village and spent two years researching before buying in Central City....

Do your research and you will see what I mean.. Good luck!

whalley13 · #**100** Posted **Aug 10, 2010, 5:33 PM**

Does anyone know how sales are going, this doesn't look like it is going anywhere since its still just the foundation and now further work has been done