Shortly after the overnight lineups for positions to buy new Condos in Toronto on Bloor Street, we have Vancouver investors lining up as well to buy pre-construct Condominiums.
Prime line-up positions at the Mark Yaletown Condos give purchasers first choice on suites being released in phases by the builder and usually these Condo suites increase shortly after the grand opening.
One reason buyers were so interested was the fact they were buying at today's prices and most expect the Vancouver Real Estate Market to increase with the Olympics starting in February.
The City of Vancouver is banking on an Olympic-fuelled Condo boom at the $1.2-billion Athletes Village on southeast False Creek.
It seems the global debt and credit crisis in the middle east is stopping luxury world class projects there but in Toronto and Vancouver hungry investors and homebuyers are back.
This Yaletown Condo will start at a price of $675 per square foot and rise for higher floors.
Completion is scheduled for 2013.
Related Posts:
Bloor Street Condo Confrontation
Toronto Condos On Bloor Street
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