There is an incredible amount of wealth in Toronto... and it is not just local people buying. It is world-class business folks who might be in TO a few times a month.
Hotel condominiums are on levels 11-29; The Residences are on Levels 33-60 and range from 1,300 to over 7,000 sq. ft.. Prices have not fallen and most likely will not. The economy, real estate and banking/financial industries have not been hit as hard in Canada as in other countries.
You obviously dont understand the world of the super wealthy...Alot of these residences will not be owned by Toronto residents, but by individuals like celebirities, traveling business men and CEO's of large companies that have business with some of North Americas largest financial institutions (located right next door). Ritz Carlton is also opening up a massive condominium structure just down the street thats just as big.
Condos start at $ 900,000, people come from all over the GTA Greater Toronto Area, im talking a little under 6 million people, to fill about what 100-200 rooms.
Trump is a smart man, he knows potental when he see's it.
all i can do is say "HA HA" to those fools who lined up for 1Bloor.
hep5 11 months ago
this building will compliment toronto's skyline so nicely : )
mariusbleek 2 years ago
There is an incredible amount of wealth in Toronto... and it is not just local people buying. It is world-class business folks who might be in TO a few times a month.
ckdave 2 years ago 4
so how can it be a hotel and people live in it? and would prices fall due to recession
SmoothCriminalAaron 2 years ago
Hotel condominiums are on levels 11-29; The Residences are on Levels 33-60 and range from 1,300 to over 7,000 sq. ft.. Prices have not fallen and most likely will not. The economy, real estate and banking/financial industries have not been hit as hard in Canada as in other countries.
TRUMPTO 2 years ago
Still, how many people in toronto have 2 million 2 dish out on a condo even if it's RIGHT in the middle of everything.
SmoothCriminalAaron 2 years ago
You obviously dont understand the world of the super wealthy...Alot of these residences will not be owned by Toronto residents, but by individuals like celebirities, traveling business men and CEO's of large companies that have business with some of North Americas largest financial institutions (located right next door). Ritz Carlton is also opening up a massive condominium structure just down the street thats just as big.
pingu125 2 years ago 2
ohhh ok i get it
i did'nt think Toronto was a international place of buissness they would need a expensive condo here
SmoothCriminalAaron 2 years ago
The CBD isn't considered luxurious in Toronto. If this had been built in Yorkville it would have sold overnight..
Dubaiscraper2 2 years ago
what is CBD?
Where is Yorkville
SmoothCriminalAaron 2 years ago
Condos start at $ 900,000, people come from all over the GTA Greater Toronto Area, im talking a little under 6 million people, to fill about what 100-200 rooms.
Trump is a smart man, he knows potental when he see's it.
XCosaNostra 2 years ago