Real Estate

Citywalk | Pickering

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  • Oct 1st, 2020 6:01 pm
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[OP]
Jr. Member
Apr 6, 2020
121 posts
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Toronto

Citywalk | Pickering

Seems like the interest was pretty high for this project. Was anyone able to get theirs hands on a unit here and which models? The Pine's moved real quickly
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Penalty Box
Mar 27, 2004
9941 posts
8262 upvotes
Toronto
Yes, I sold 7 units.

I have first access with Metropia.

There is still a few Pine remaining.

they changed the sign now though, there are no $599,900 units, its starting from $649,900 now..

the 599k, was just for marketing, there were only 3 units at that price in the south east block.
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Jun 27, 2005
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Picked up a birch for investment purchases... seemed good at about 427 per sq ft.

can someone make things a bit more transparent for me? My realtor offered me 3 options with 3 different units. I was told all other units were sold out. (It's fine because I was happy with one of the options).

However, is the realtor basically BSing me in the sense that they have 3 units allocated to them and so I had a choice of one of those 3. If I wanted another one that the realtor didn't have access to (eg. Pine), then I'd have to go through the builder directly or perhaps another realtor who had Pine allocated to them, and still had it available (hence my realtor losing the sale). Is that what was happening?
oasis100 wrote: Yes, I sold 7 units.
I have first access with Metropia.
I'm not a realtor, nor plan on becoming one. But can you clarify how do some realtors get "first access" compared to others?
And is there a way to predict which projects will have heavy interest and sell out quick..?
Toronto Illusionist and close-up Magician.
Penalty Box
Mar 27, 2004
9941 posts
8262 upvotes
Toronto
jadoocian wrote: Picked up a birch for investment purchases... seemed good at about 427 per sq ft.

can someone make things a bit more transparent for me? My realtor offered me 3 options with 3 different units. I was told all other units were sold out. (It's fine because I was happy with one of the options).

However, is the realtor basically BSing me in the sense that they have 3 units allocated to them and so I had a choice of one of those 3. If I wanted another one that the realtor didn't have access to (eg. Pine), then I'd have to go through the builder directly or perhaps another realtor who had Pine allocated to them, and still had it available (hence my realtor losing the sale). Is that what was happening?



I'm not a realtor, nor plan on becoming one. But can you clarify how do some realtors get "first access" compared to others?
And is there a way to predict which projects will have heavy interest and sell out quick..?
A lot of people don't understand the precon world. For this project, I heard there were only about 20 Platinum agents. Every Platinum agent that gets allocation then either tries to sell it themselves, or they will 'coop' with another realtor, that could be someone in their team, same brokerage, or even another platinum or agent from another brokerage.

Your realtor isn't bs-ing you. PLATINUM Agents are allocated specific units depending on the worksheets they submitted. A lot of times they do not get the exact LOT they requested, but a similar lot.
So yes, if you wanted something else, you would have to go to another Platinum agent, or an agent that has access via a Platinum Agent to get it.

To be FIRST ACCESS, you have to have sold a lot of units for the developer or marketing company prior . The precon world is very small, and everyone knows each other. To become First Access it is extremely difficult, so most agents don't bother and just link up with a Platinum they know can get allocation.

Can't really predict, but location, builder name will have a large influence on interest.
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oasis100 wrote: A lot of people don't understand the precon world. For this project, I heard there were only about 20 Platinum agents. Every Platinum agent that gets allocation then either tries to sell it themselves, or they will 'coop' with another realtor, that could be someone in their team, same brokerage, or even another platinum or agent from another brokerage.

Your realtor isn't bs-ing you. PLATINUM Agents are allocated specific units depending on the worksheets they submitted. A lot of times they do not get the exact LOT they requested, but a similar lot.
So yes, if you wanted something else, you would have to go to another Platinum agent, or an agent that has access via a Platinum Agent to get it.

To be FIRST ACCESS, you have to have sold a lot of units for the developer or marketing company prior . The precon world is very small, and everyone knows each other. To become First Access it is extremely difficult, so most agents don't bother and just link up with a Platinum they know can get allocation.

Can't really predict, but location, builder name will have a large influence on interest.

Thanks for the thorough response.

I guess what's throwing me off is you said earlier in the thread "a few pines sill remaining", but when I was purchasing a over the weekend, my agent said other than the 3 units they had to offer me (not pine), everything else was sold out. So obviously there's a disconnect somewhere.
Toronto Illusionist and close-up Magician.
Penalty Box
Mar 27, 2004
9941 posts
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Toronto
jadoocian wrote: Thanks for the thorough response.

I guess what's throwing me off is you said earlier in the thread "a few pines sill remaining", but when I was purchasing a over the weekend, my agent said other than the 3 units they had to offer me (not pine), everything else was sold out. So obviously there's a disconnect somewhere.
your realtor isn't the actual platinun. my guess he doesn't know who to ask. and even if they did ask doesnt mean they will release to you. it's all about connections.
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Penalty Box
Mar 27, 2004
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they just sent out email. remaining lots going up at least 20k. and even the cost of the rooftop terrace option going up 10k.
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oasis100 wrote: they just sent out email. remaining lots going up at least 20k. and even the cost of the rooftop terrace option going up 10k.
Wow... possible to share any more info from the email..?

Glad I got in when I did.
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Jul 19, 2003
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oasis100 wrote: they just sent out email. remaining lots going up at least 20k. and even the cost of the rooftop terrace option going up 10k.
Anything like this closer to GTA and as hot/hotter coming? The future is townhomes, combined with low interest rates, in my view. Not those new condo builds that somehow cost more than towns.

Feel free to PM.
hi!
Penalty Box
Mar 27, 2004
9941 posts
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masterhapposai wrote: Anything like this closer to GTA and as hot/hotter coming? The future is townhomes, combined with low interest rates, in my view. Not those new condo builds that somehow cost more than towns.

Feel free to PM.
Union Village.
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Penalty Box
Mar 27, 2004
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JiaL82825 wrote: I heard it’s sold out now. Is that true?
Citywalk? No. Theres always units that come back, and there are units that were held back for the public sale.
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Newbie
Sep 14, 2020
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Oo ok my realtor told me that they sold out a few days ago. Did he lie or did he mean something else?
Penalty Box
Mar 27, 2004
9941 posts
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Toronto
JiaL82825 wrote: Oo ok my realtor told me that they sold out a few days ago. Did he lie or did he mean something else?
Its not sold out.held back units and units that come back
what are you looking for? your agent doesn't have access. thats probably why he saying sold out.
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Sep 14, 2020
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He’s a platinum agent and I signed up for a unit with him. He’s telling me that it’s a really hot development and that they sold out within a few days. But I don’t know if that’s just a selling tactic so I want to double check
Penalty Box
Mar 27, 2004
9941 posts
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Toronto
JiaL82825 wrote: He’s a platinum agent and I signed up for a unit with him. He’s telling me that it’s a really hot development and that they sold out within a few days. But I don’t know if that’s just a selling tactic so I want to double check
TRUST ME. I know its not sold out. They held back units for the public launch
and units always get sent back.
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JiaL82825 wrote: He’s a platinum agent and I signed up for a unit with him. He’s telling me that it’s a really hot development and that they sold out within a few days. But I don’t know if that’s just a selling tactic so I want to double check
In the same boat. Ordered a unit and brokerage telling me it's now sold out...
oasis100 wrote: TRUST ME. I know its not sold out. They held back units for the public launch
and units always get sent back.
is there a way for the public (eg. me, the other user quoted above) to find out, going forward, what is available and when with pricing..?
Toronto Illusionist and close-up Magician.
Penalty Box
Mar 27, 2004
9941 posts
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Toronto
jadoocian wrote: In the same boat. Ordered a unit and brokerage telling me it's now sold out...



is there a way for the public (eg. me, the other user quoted above) to find out, going forward, what is available and when with pricing..?
a true platinun would know.. like I've said in other posts. there was only like 20 platinums for this project. most buyers like yourself are connecting with someone that has access to a platinum agent.
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Newbie
Sep 14, 2020
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Our realtor connected us with the platinum agent and I have been talking to the platinum agent directly. I know for sure that he is one because he went to the signing with us. Our other realtor was not even allowed to go.

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