All that being said, I wonder about the "liveability" of this area, including buildings like the Capitol. You have to look several blocks around on Google Maps to see anything that qualifies as a "park". And it's about as far as you can get from the water and still be downtown as well. Very close to Pacific Centre and transit though.
DAB wrote:They are building a 'park' on Smithe and Richards (where the parking lot is). given the shortage of land in downtown, I don't expect too much when it comes to greenspace. anything is better than nothing.
DAB wrote:Those missing floors are probably being held back not for sale to the public but to insiders and employees?
The buildings will host a 3,000 square foot retractable projection screen located between the 14th and 17th floors of the office building, a 400 square foot LED screen between floors two and four and two 1,250 square feet LED screens at the corner of Robson and Seymour streets, according to a city rezoning report.
Warren12 wrote:Funny I thought the ratio of bigger units was better than most buildings these days.
red_lantern wrote:Word has it that most of the buyers will buy for rental purposes so be prepared for rental frenzy with noisy tennants running amok.
The only view that you will have (other than the building directly across from you) will be another building that will be across from you. Yup, so those nice views in the advertisement are a bit deceiving, those may come from the penthouse but I doubt it.
Warren12 wrote:Plus who buys a pre-sale to plan to rent?
curious wrote:Warren12 wrote:Plus who buys a pre-sale to plan to rent?
If investor/speculator flips a pre-sale unit without renting it out, it might be taxed as income.
CRA doesn't like flippers. If you want to be sure that the profit is taxed as capital gain, you have to rent it out for at least one year.
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