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| Core Condos |
Toronto’s new condo sales have been in decline over the past
year, but there may be some good news on the horizon with the release of new
VIP units and massive sales weekends which have been recently reported. One of
those projects is the massive Y/C Condo project by Canderel Stoneridge which
saw some 75% of the units sell in one weekend.
In addition the Core Condos
Community which was released a mere 3 weeks ago, has already sold out. Quite
amazing considering everyone is still trying to figure out when the Toronto
real estate market is going to crash. Doesn’t look like it’s happening anytime
soon. Core condos is the latest of the
niche boutique condos that has been marketed to real estate investors with the
hope of renting the units out to Ryerson students, that will be going to
university nearby.
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