as title,

let's say you have approximately $250,000 that you want to use to invest on a condo, which of the current new development will you consider?

I'd probably go with Spire, but that's just me. There may not be a tonne of things in the emediate area right now, but the "east-side" does seem to be going through a major change.

Trump!:D

yeh, the east end of DT Toronto is picking up some buzz. (along king east)

if you're thinking "extreme" long-term investment, any condo along the proposed waterfront development can be a good gamble. Or seek developments along the Danforth subway line west of St. George Station..??

i stay far away from SCC. I'm not too sure about MCC though. There's a quiet hesitance for the Mississauga area. But this is a completely personal feeling. I could be way off.

Addition: on a purely investment perspective, would anyone agree that suburban clusters like Vaughan or Markham may have potential?

Trump Toronto

i believe Trump units start at $1million +. But if you can afford it, i think it's a good investment.

18 Yorkville

I think $250,000 would get you a walk-in closet in Trump. It does look like it's going to be a fine building, though.

Ha, I'm actually considering this right now - wasn't too impressed with cityplace or pinnacle. I think I will wait for Murano, lets face it, Saphire is great but who wants to own a hotel room? If I have to live there for a while for some reason that wouldn't be too great.

H & R and Lanterra seem to be the big up and coming developers.

The are winning lots of awards and most of their projects are selling very well. Not to mention fairly high quality.

18 Yonge
WaterParkCity
Murano (looks to be one of the best T.O. condo's of the recent boom)

I would not discount the idea of buying a resale condo. There are plenty of older condos in up-and-coming areas that will see a jump in value. There are also advantages to established condo buildings you don't have with an unbuilt condo.






KGB

Murano!

I went to the sales office of 'The Met' and 'Murano' last week and I think Murano looks much better than The Met, although the price of Murano is a bit more expensive than The Met. Also, H&R of Murano has some other projects going in Toronto but the developer of The Met does not.

One more thing, the rendering of 'The Met' on the brochure and plastic model building displayed in the show room, which clearly show the west side of the building is all glass facade. But from the floor plans the sales office gave me indicate that the west side of the building is all solid walls, except the penthouse suites. I understand all the renderings and models are only for references, but to me it is a misleading.

H & R and Lanterra seem to be the big up and coming developers.

The are winning lots of awards and most of their projects are selling very well. Not to mention fairly high quality.

18 Yonge
WaterParkCity
Murano (looks to be one of the best T.O. condo's of the recent boom)

yes. I was thinking about investing in 18 yonge, it will have great northern views forever. apperantly it has been sold out.

Tridel is always a good investment

One City Hall. Location, location, location...

Tridel is always a good investment

I would have to agree. Tridel does get a lot of flack in these urban forums, but they are one of the most experienced high rise developers out there.

They are well known for an affordable quality product. They just won the TARION Award of Excellence for after sales service - so when you make what may be the largest single purchase of your lifetime you know that Tridel is the best in the business when in comes to delivering the product, working with thier customers and having very few disputes - after-sales service is an essential benchmark for the consumer from the day of the sale, through possesion and right through the warranty coverage timelines. Tridel has won this award several times throughtout its history (used to be the Ernest Assley Award)

Tridel also won the Greater Toronto Home Builders' Association Home Builder of the Year Award for 2004.

It's a pretty safe place to park your money, and given their track record you have a good idea of what you'll get when you purchase.

Well, from a purely mainstream marketing point of view, Tridel does loom large on the minds of the general consumer. "It's a Tridel building" is a common phrase used to promote resales...no other builder has that kind of clout....yet.






KGB