Last night stopped by (Hwy10/Eglington) pinnacle towers and shocked to see the price for 1bedroom condo unit is going @ 375k (620sft).
the same units were offered last august around 279k and I could not make a decision due to negative cashflow from the day one.
Now with in 8 months close 100k increase on a single bedroom condo in Mississauga.. god help our kids to buy own their home in next 5 to 10 years.
anywasy..I kept getting calls from different realtors related to M-Condo too book otherwise you will loose the opportunity :-(
March 22nd is the date where they might do the same bidding game like the resale market and might bump up to 500k a piece..
Its time to move to Branford or Woodstock..sghhhh
BTW..any one planning to buy these condos?
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MK
Location: Brampton, Ont, Canada
Posted on: 17-03-17 13:05:54
Quote:
Originally posted by mkannuri
BTW..any one planning to buy these condos?
Sirji App Abhi Ruk Jawo - Apake pass Bhagawan Ka diya Sub Kuchh Hai - Roti-Kapada & Makan
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
Quote:
Originally posted by Blue_Peafowl
Quote:
Originally posted by mkannuri
BTW..any one planning to buy these condos?
Sirji App Abhi Ruk Jawo - Apake pass Bhagawan Ka diya Sub Kuchh Hai - Roti-Kapada & Makan
teekh hi bhai..rukhte rukhte takh gaye hi..phir bhi aapka baath manletha hum.-----------------------------------------------------------------
MK
Here is what I gathered from an article I see in the Financial Post.. : Secret path revealed that allows wealthy Chinese to transfer billions overseas by buying pricey property in Vancouver, New York and Sydney.. For years, wealthy Chinese have been transferring billions worth of their money overseas, snapping up pricey real estate in markets including New York, Sydney and Vancouver despite their country’s currency restrictions. Please read the article given below. It is in the link...
Hope this will explain.
FH.
http://business.financialpost.com/personal-finance/mortgages-real-estate/secret-path-revealed-that-allows-wealthy-chinese-to-transfer-billions-overseas-buying-pricey-property-in-vancouver-new-york-and-sydney
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Quote:
Originally posted by Blue_Peafowl
I believe due to Vancouver cape and chines investment price has jumped...
Just heard the news about chines punting stick rules on outsourcing funds... I BELIEVE THAT MAY BE A BIT WORRISOME FOR CANADA REAL ESTATE - the date for the rules to apply is not decided yet but it roomers are its Jul 2017 -
i'm no an expert so, I would request some real estate experts to explain us the possible effects on our real estate due to this stick rules...
LINK: http://www.theglobeandmail.com/real-estate/china-canada-foreign-buyers/article33485996/</font>
M- City prices are out:
https://drive.google.com/drive/folders/0BxMe68J9jyc-bFhidTlHa2tkUFU?inf_contact_key=b7e05dc23c90590d79b9d44d5373efa7a825c4c2fa26c941a4cad0c0fd70a35e
looks like prices are set based on value of condo from now to next two years..
cheers...
$1.5B M CITY DEVELOPMENT WILL MARK A NEW ERA FOR MISSISSAUGA.
About the Project:
Storeys : 60
Units : 784 – 1, 2 and 3 Bedrooms available – TALLEST Tower in Mississauga
Prices : Starting from just under $200,000
Parking: 6 levels
Retail Space: 30,000 SF
Amenities : Outdoor pool, kids play zone/splash pad and skating rink
Sales start : March 2017 for the first of 10 Towers
Tentative Occupancy : 2021
15 acre master planned community at Hurontario Street and Burnhamthorpe Road
Sister building could be in the cards for the block just to the South of the first building
Iconic Flagship building in Downtown Mississauga
FH.
http://m-cityliving.com/
