Real Estate

Condos with hotel components -Pros vs Cons - Bisha, King Blue, Theatre District

  • Last Updated:
  • Jan 24th, 2022 5:25 pm
Sr. Member
Nov 10, 2017
905 posts
655 upvotes

Condos with hotel components -Pros vs Cons - Bisha, King Blue, Theatre District

Examples

Bisha - 88 Blue Jays Way
King Blue - 125 Blue Jays Way
Theatre District

Are condo owners on the hook to the condo expenses in the hotel portion ?
How about noise, vandalism, drunk guests ?

Good for investment?
Last edited by JosephB012 on Jan 24th, 2022 5:20 pm, edited 1 time in total.
5 replies
Deal Fanatic
Jul 3, 2011
6517 posts
3798 upvotes
Thornhill
JosephB012 wrote: Examples

Bisha - 115 Blue Jays Way
King Blue - 125 Blue Jays Way
Theatre District

Are condo owners on the hook to the condo expenses in the hotel portion ?
That depends on the sharing arrangement of services and fees.
How about noise, vandalism, drunk guests ?
there will always be those.
Good for investment?
generally no not where the owners condos can be rented as hotel suites. In those wth true hostel/residence splits, they're great.
Sr. Member
Nov 10, 2017
905 posts
655 upvotes
licenced wrote: That depends on the sharing arrangement of services and fees.
there will always be those.

generally no not where the owners condos can be rented as hotel suites. In those wth true hostel/residence splits, they're great.
are Bisha, King Blue or Theatre District a true hotel/residence split ?
Deal Fanatic
Jul 3, 2011
6517 posts
3798 upvotes
Thornhill
JosephB012 wrote: are Bisha, King Blue or Theatre District a true hotel/residence split ?
I actually don't know about those, sorry.
Deal Addict
Feb 19, 2019
2347 posts
4020 upvotes
Stouffville ON
JosephB012 wrote: are Bisha, King Blue or Theatre District a true hotel/residence split ?
Bisha yes, King Blue very likely, not sure about Theatre District.

You will likely have harder time getting financing for the once that are not split.
Full Time and Full Service Realtor
Member
Apr 30, 2019
489 posts
538 upvotes
Can confirm Bisha is split. In fact the hotel has a different address than the condos. (80 vs 88)
senasena wrote: Bisha yes, King Blue very likely, not sure about Theatre District.

You will likely have harder time getting financing for the once that are not split.

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