Quote:
Originally Posted by prairieguy
It looks cool, but I am kind of surprised that it is another rental project! Is there really that much demand for this?
Remember Baydo has 2 significant rental projects on the go (not that I am even suggesting they would be same quality).
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Yeah, it's interesting to see how much rental there is going up, but I feel like builders all jump on a trend (i.e. suburban condos), then complain when things are over-built, then eventually the extra supply sells. It'll be interesting to see how much rental gets built before the demand is saturated.
This project (and Meridian's Spadina proposal) both seem to be pretty unique though, so I'd image they'll do well (assuming Spadina gets built). It is cool seeing a high quality rental like this. Also cool to see that it is a 6 storey wood frame building. And for a suburban condo, it's in a decent location with lots of amenities nearby. Though there isn't much competition, I'd say it'll easily be the nicest building around there.