Real Estate

Bright water - Mississauga

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Jon Lai wrote: I don't understand the LCBO comment. Somehow having an LCBO raises the site to a new level? :S
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Jon Lai wrote: I don't understand the LCBO comment. Somehow having an LCBO raises the site to a new level? :S
Haha.
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7thEye wrote: It’s not. It was about 1000 PSL and this is a planned community with an LCBO. It’s not even remotely the same in terms of potential and doesn’t have the crap payment structure District did
I'm so confused about why you are so fond of this release (this specific release of 2 low rise buildings that aren't anywhere close to the lake at least)....I mean I get some of the appeal, but LCBO? Are you implying that encouraging locals drinking = High Return Investment for your Pre-Con?

Westport was a far better project than whats currently being released at Brightwater

Edit: missed Jon's comments
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deal_with_singh wrote: I'm so confused about why you are so fond of this release (this specific release of 2 low rise buildings that aren't anywhere close to the lake at least)....I mean I get some of the appeal, but LCBO? Are you implying that encouraging locals drinking = High Return Investment for your Pre-Con?

Westport was a far better project than whats currently being released at Brightwater

Edit: missed Jon's comments
I’m disappointed with the Brightwater buildings. In all of the ads, we see those beautiful condos by the lake. But instead they give us this short, ugly building, and another mediocre building that looks just run of the mill.

Festival > Brightwater
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CondoMan98 wrote: I’m disappointed with the Brightwater buildings. In all of the ads, we see those beautiful condos by the lake. But instead they give us this short, ugly building, and another mediocre building that looks just run of the mill.

Festival > Brightwater
Its all by design, by the time they release the high rise towers right by the water, the prices would have surged by then.
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CondoMan98 wrote: I’m disappointed with the Brightwater buildings. In all of the ads, we see those beautiful condos by the lake. But instead they give us this short, ugly building, and another mediocre building that looks just run of the mill.

Festival > Brightwater
It was seen coming. Hype up "Brightwater" brand, and then hope no one realizes the brightwater you were hyping up is not the brightwater you're releasing.

Its a great marketing strategy, and a lot of unsuspecting buyers will take it just because it has the Brightwater name attached, only to later find out this isn't the same building that's hyped up!

Like JD_Inv pointed out....by the time we reach those buildings that are the "poster child" of bright water...we'll probably see $1400+/sqft rather than the $1050 or so we're seeing now.
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deal_with_singh wrote: Brightwater.jpg
lmao...
i think those are the later phases close to the water right..

watch Harley pump this shit building up.
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oasis100 wrote: lmao...
i think those are the later phases close to the water right..

watch Harley pump this shit building up.
I saw an agent rationalizing Brightwater 1 and 2 on YouTube by saying they are better than the beach ones because you are so close to the GO train station. You can walk there in minutes.

When I was at Port Credit, I walked west from Ann Street across Lakeshore. I didn’t even reach the bridge and I was kind of bored/tired. NOT STEPS TO THE GO!
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CondoMan98 wrote: I’m disappointed with the Brightwater buildings. In all of the ads, we see those beautiful condos by the lake. But instead they give us this short, ugly building, and another mediocre building that looks just run of the mill.

Festival > Brightwater
I haven't even seen the site plan - can someone share that? Which two buildings are the ones being sold right now?
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deal_with_singh wrote: It was seen coming. Hype up "Brightwater" brand, and then hope no one realizes the brightwater you were hyping up is not the brightwater you're releasing.

Its a great marketing strategy, and a lot of unsuspecting buyers will take it just because it has the Brightwater name attached, only to later find out this isn't the same building that's hyped up!

Like JD_Inv pointed out....by the time we reach those buildings that are the "poster child" of bright water...we'll probably see $1400+/sqft rather than the $1050 or so we're seeing now.
For sure, by the time they actually release the buildings that everyone thinks of Bright water, the prices will reflect the premium of actually being by the water.

Clever marketing to build interest..
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i think port credit is much better investment that those touted as Festival bc of location. Vaughan sucks and the location will never reach levels PC will. It’s like comparing a garbage dump to a castle.

As for Bridgewater it’s a hyped planned community. People are dying to get in and I think you can make good money on the hype of the place and the future plans over anywhere else.

Also the deposit structure is great. District was horrible last year wanting so much money on the first year.
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Jon Lai wrote: I haven't even seen the site plan - can someone share that? Which two buildings are the ones being sold right now?
These are the buildings being sold right now
Building 1: 5 stories
Building 2: 14 stories....
Screen Shot 2020-09-16 at 11.15.16 AM.png
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Jon Lai wrote: I haven't even seen the site plan - can someone share that? Which two buildings are the ones being sold right now?
This is the "site plan"
Screen Shot 2020-09-16 at 11.14.41 AM.png
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Screen Shot 2020-09-16 at 11.14.57 AM.png
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Are you crazy?

Festival is trash. It’s in stuoid Vaughan where you are lucky if anyone cares to live.

Brightwater is going to become Liberty village. It will soon be well over 1400psf by the time they are done.

You are getting in now on the first buildings for far less. When other towers release these prices will never be seen again.

Everyone is free to make their own choice but with the amazing deposit structure I’ve grabbed two units for chump change and will see what happens

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