Sunday, February 26, 2012

Westboro Condos ... update

At QWest they are offering a current promotion of 5% deposit!
Condo Fees are only $0.28/sq ft. 
Just released our remaining terrace suites and 9th floor penthouses in Phase 3.

111 West just had a price increase of 7% (totaling between $18,000 and $27,000).  

According to the sales staff, Q West will be having a price increase shortly in all 3 phases.

101 Richmond re-sale and rental rates:
1 bedrooms renting from $1450-$1650/month
2 bedrooms renting from $2000-$2400/month

Equity growth based on re-sale has been:
$40,000-$60,000 for a 1 bedroom
$60,000-$80,000 for a 2 bedroom.

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