M2M Condo - Yonge/Cummer

Definitely more realistic than that other thread.

Its a big parcel of land so I can't even imagine how many buildings they're going to squish in there.
It is walkable to the subway but its 10-15 min so in poor weather maybe not so much, we're all wusses now.
You can also walk to Centrepoint/Town & Country Mall in about the same amount of time. There's a No Frills there so I would imagine that for a while that would be the closest location - not convenient at all.
That its on Yonge is a big plus, of course.

Is that where the Bowlerama used to be many years ago?

civiclease wrote: ↑ Is that where the Bowlerama used to be many years ago?

Was that really 'many' years ago? ****. I'm old. But yes, same plot.

Better off buying in one of the existing condos in the area with direct subway access. This gives you the luxury of shopping around for a well-managed building and the going rate in the area is below $900/sq ft.

The specific parcel of land of m2m is a little outside the lively/nice area of Yonge/Finch. Also it doesn't seem like a good idea to me to lock up your money for 5 years with an unknown builder as this seems like a particularly ambitious project.

Marubozu wrote: ↑ Better off buying in one of the existing condos in the area with direct subway access. This gives you the luxury of shopping around for a well-managed building and the going rate in the area is below $900/sq ft.

The specific parcel of land of m2m is a little outside the lively/nice area of Yonge/Finch. Also it doesn't seem like a good idea to me to lock up your money for 5 years with an unknown builder as this seems like a particularly ambitious project.

Yonge & Finch lively/nice?? A depressing mix of bubble tea, nail salons, and pay day loan shops.

"Cummer" lmao, never mind me and carry on boys

mefromparadise wrote: ↑ Was that really 'many' years ago? ****. I'm old. But yes, same plot.

I think it closed a good 20 years ago. Time flies.

Fair, thanks for the advice!

civiclease wrote: ↑ I think it closed a good 20 years ago. Time flies.

Actually Newtonbrook Bowlerama just closed within the past year.

civiclease wrote: ↑ Yonge & Finch lively/nice?? A depressing mix of bubble tea, nail salons, and pay day loan shops.

It's all about them Korean BBQs and KFC though

Chinese builder... no record in building in Canada... i'd be wary locking 5 years worth of money in it... i'd rather buy off assignment when you actually see the building come up

NotRobot wrote: ↑ Actually Newtonbrook Bowlerama just closed within the past year.

No kidding?? For some reason I thought it closed a while back and the space was converted into something else. My mistake. I used to go often in junior high and high school in the 90s.

civiclease wrote: ↑ No kidding?? For some reason I thought it closed a while back and the space was converted into something else. My mistake. I used to go often in junior high and high school in the 90s.

Yeah, here's an article. I used to go there more for the video games more than bowling. Galaxia baby!

https://product.costar.com/home/news/shared/2118397803

LyGuy wrote: ↑ It's all about them Korean BBQs and KFC though

Need Korean massage parlors .

I was looking in this area a while back.

For the prices they are asking at M2M (insane), you might want to consider the already built (1-2year old) condo-towns right across the street @ 37/39 Drewry Ave. They just closed like a year ago and the original owners are now flipping them for $500-700K, 1000sq+, parking/locker included. No pool, no gym, etc so low maintenance fee. Rent $ would be the same, but higher return because of the lower maintenance fee. Would probably appreciate more than a condo too. And... built already so you know what you're getting.

NotRobot wrote: ↑ Yeah, here's an article. I used to go there more for the video games more than bowling. Galaxia baby!

https://product.costar.com/home/news/shared/2118397803

I knew they had closed due to the condo (I drive by it daily), but I'm even more depressed because now I learned from this that the even Bathurst Bowlerama is gone! As someone who was in a childhood bowling league until ~13 years ago and who loves the game, this article is super-depressing for me.

civiclease wrote: ↑ Yonge & Finch lively/nice?? A depressing mix of bubble tea, nail salons, and pay day loan shops.

I've lived there before for 10+ years. It's great. Lots of high income people, nice cars , etc. You want that in your neighborhood. Property values increase Versus the opposite.

One good way to tell is, how many Starbucks are there? More the better.

spike1128 wrote: ↑ Need Korean massage parlors .

If you like Korean Milfs