Saturday 22 December 2012

Bellagio Condo on Bloor Street


Check out this tower on Bloor Street East, one of the first condo towers of the Toronto Condo Boom. I remember seeing ads for this tower in 2002 and 2003. So 10 years ago, and yes even then there were people saying there were too many condos and we must be in a bubble. Still this looks like a very attractive and upscale condo. It looks like it should be in Yorkville.


I've got to find more hidden beauties like this throughout the city.

Condo Sales Down 7% from Historic Average for November 2012


RealNet.ca stated that condo sales in the GTA were down just 7% in November, from their historic average compared to the long term sales of condos in the GTA. However compared to last year, which was a record year for condos, sales were down 59%. Although last year one must remember that there were a record 28,0000 condo sales in the Toronto area for the year. Condo Sales in the GTA were raised by the almost sellout performance of Tridel's Ten York development which has rocked the condo community back into action with it's sales performance. They sold 85% of the 694 units they made available to the public upon release of the development

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