• Last Updated:
  • Dec 6th, 2017 11:24 am
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[OP]
Newbie
Nov 9, 2017
22 posts
10 upvotes

Peter & Adelaide

Just got an email from the builder saying that they closed their sale office at 120 Peter Street on 30 November "due to huge success of the project", does that mean they are sold out? Can't believe it is sold out that quick given the crazy price they charge at close to 1K psf!
7 replies
Penalty Box
User avatar
Jul 11, 2008
4368 posts
1506 upvotes
Away from RFD idiots
nowdays, $1k psf is cheap. Anyone know any good deals in toronto coming up?
..
Deal Fanatic
Mar 27, 2004
6660 posts
4563 upvotes
Toronto
1k is normal pricing for that area now.
Full-time Realtor
Deal Addict
Jan 17, 2006
2255 posts
2385 upvotes
Toronto
They actually had reasonable prices, almost cheap comparing to other projects around, around 900 per SQFT.
Newbie
Oct 5, 2015
59 posts
38 upvotes
ilim wrote: They actually had reasonable prices, almost cheap comparing to other projects around, around 900 per SQFT.
900 psf is cheap!?!!! Are we living in New York or Hongkong now!!! Average income of Torontonian is less than 50K a year, need to rob a bank to be able to afford a condo these days!
Deal Addict
Jan 17, 2006
2255 posts
2385 upvotes
Toronto
Well it is cheaper than current prices in that area, in 3-5 years when it is ready, who knows what it is going to look like.
But again, when all other projects sell over 1000 per sqft, this one looks favorable.
[OP]
Newbie
Nov 9, 2017
22 posts
10 upvotes
101 Peter Street was sold a few years ago at less than 500 psf, it is now over 1K for resale, those who bought a few units last time can now retire already!
Deal Addict
User avatar
May 8, 2003
1699 posts
5776 upvotes
Toronto
Dann384476 wrote: Just got an email from the builder saying that they closed their sale office at 120 Peter Street on 30 November "due to huge success of the project", does that mean they are sold out? Can't believe it is sold out that quick given the crazy price they charge at close to 1K psf!
It sold very fast. Almost sold out:
http://urbantoronto.ca/news/2017/12/gra ... y-sold-out

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