1 bedrooms start at $460,000 for an 803 sq ft unit. They're actually competitively priced, they're just larger units than the market standard 1 bedroom.
That's not too bad a price. I just sold a similarly luxurious 1 bedroom, but smaller at only 630 square feet and in a better area, for around there.
I feel for developers though... not a whole lot of motivation to buy pre-sale right now.
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Pricing is a little lower than that. I was offered a 6th floor east facing unit for $429,900. And to say the floorplans suck is stupid. There at 60+ floorplans or something, and some I've seen are quite good. Still, the stuff that faces downtown is very pricy.
The Falls was designed by James Cheng and this one is Henriquez, this one will turn out better (though they do look similar). Also, the waterfall itself is a joke, more of a trickle than an actually waterfall.
Did you get a bit of a discount or did they all go for full price? I heard that HST Can be negotiated.
Just heard from the sales rep and I quote what they said "If you are interested you better get them before they are gone as they are selling like hotcakes and the prices are non-negotiable and not hst exempt".
Looks like pre-sale condos are selling quick....not sitting idle like the older inventory that's over 4 years old that's been on the market for months with no offers...
I took a look at the presentation centre downtown in the Shaw Tower office but it's really an overpriced development. I'm sure that there will be many units still for sale once it's built in 2012. Perhaps if the market continues to fall better deals could be had then.
You have to make an appointment and then they tell you to go to the shaw tower. I met a representative in the lobby that took me up to the developers office and there was a room with the mock up and display boards. They didn't have a show suite just blueprints. Nice mockups on the wall (cabinetry, floors, etc)..however the sales rep said those may not be the ones the builder uses and it's subject to change....therefore could use the same one as the woodwards development. I don't know why someone would put down 1 million on something that's not certain but theres quite a few units that they say are sold. I'm not sure if they are stretching the truth about the sales or if they have actually sold...anyway I'd be interested in seeing them when the building is actually up.
Nice mockups on the wall (cabinetry, floors, etc)..however the sales rep said those may not be the ones the builder uses and it's subject to change....therefore could use the same one as the woodwards development. I don't know why someone would put down 1 million on something that's not certain but theres quite a few units that they say are sold.
It's pretty standard fare for developers to say things are "subject to change" or something to that effect. They'd be stupid not to. They can't really change too much though because it would open the door for buyers to terminate their contracts. I'm sure you'd get something pretty much the same as what you say, brand names or suppliers might be slightly different but that's probably it.
From the photos at the office it looked like they had the same finishings as the Fairmont Pacific Rim which would totally be great, a definate step and a jump above the woodwards finishings.
my bf and i bought a presale there back in june... i think overall its a good development. but we were contemplating between the james penthouse flats (more like townhomes)... the decision was made for us when the last james unit went. we got our condo for $699 plus hst so total is $756k for a 2 bedroom, 1198 sqft.
as for the finishings, they are definitely not top of the line, but everything just looks so sleek! im excited!
i preferred this development anyway... since flase creek east is going to be a construction zone for a long time.
my bf and i bought a presale there back in june... i think overall its a good development. but we were contemplating between the james penthouse flats (more like townhomes)... the decision was made for us when the last james unit went. we got our condo for $699 plus hst so total is $756k for a 2 bedroom, 1198 sqft.
as for the finishings, they are definitely not top of the line, but everything just looks so sleek! im excited!
i preferred this development anyway... since flase creek east is going to be a construction zone for a long time.
Wow! I was doing the same thing actually thinking of a penthouse flat, made an offer and that fell through and then they were ultimately sold out so I was considering this development now too. Is your unit that you purchased a view unit - North facing?
^ was james accepting offers for their penthouse flats? i know they had 10k off opening day... otherwise the price was just 769k. i didn't like the finishings at all or floor plan... the only thing that sold me was the rooftop terrace with fireplace, which we don't get to use very much in vancouver anyway.
yes our unit is north facing. we just dropped off all our cheques last week, to my knowledge the next 2 bedroom condo is over 1 mill... i think she said 1.1mill? or there are 2 bedroom townhomes left. she said the development is about 75% sold. even when we bought there were just okay choices... two 2 bedroom condos and a few townhouses within our price range of under 800k.
They had me look at one in the Northeast corner at the James it was a small 2 bedroom townhouse flat and it had the nice balcony with fireplace. The bedrooms were tiny 9X9 or 9X10 but the outdoor space was nice. The price for that was $629,000 but it sold the same day I looked at it. They had one in the back that was $667,000 and I think that one is still available but you can hear the noise from west 2nd and if there's a building that goes up behind it then there would be no privacy or sunlight depending on how heigh they would build it.
I heard from Janet at the 700 west 8th that there is one 2 bedroom at $769,000 I think it's on 2nd or 3rd floor facing north, then they have some townhouses on the ground level and then the rest are over 1 mill. I wasn't too keen onthe ground level as any patio furniture put out there would dissapear (lot's of transients in the area lately). Some of the 1 bedrooms were nice but over 1/2 mil. There will be some senior residence or social units on the bottom by the lane 4 units in total.
The balconies at 700 west 8th have views to die for.
^ really? when was that? i know when we bought there was one northwest facing for 769k... on 3rd floor but it was sold back in aug/sept. my realtor sold it to a family friend. unless they backed out of their contract...
There will be some senior residence or social units on the bottom by the lane 4 units in total.
Those units are being gifted to the City and leased to the well established co-op across the street as part of a density bonusing deal for the developer.
Just a suggestion, though, maybe your conversation with materialgurl could take place via private messages?
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^ really? when was that? i know when we bought there was one northwest facing for 769k... on 3rd floor but it was sold back in aug/sept. my realtor sold it to a family friend. unless they backed out of their contract...
It was way back in April when I looked at James. The smaller n/w corner penthouse flat that was $629,000 was really nice but the size of the bedroom was kind of odd as you could really only fit a bed and 1 side table that was it. They had the north facing units for sale but they were more expensive. The one at the back is still available but it's not that desireable. I kept getting calls in August from the Sales rep at the James saying they would through in the HST. I'm sure they all sold by now. the rooftop lounge would have been great it's for everyone to use (no penthouse suite).
Doesn't 700 West 8th have some similar rooftop lounge for all residents?
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