Oak & 46th Avenue
Oak by Listraor
About 6 buildings of 5-6 units with walkways between and parking underground.
You can see the redevelopment notice for the neighbouring property to the north, the 2 houses are sold and I think vacated.
Just north of that recently sold pair of houses was another townhome project.
New Oak by LDHT Holdings
I'm curious of the the economics of these townhome projects. It seems if they take 2 years, where a condo tower might take 3 or a SFH might take 1+. There is better efficiency with scheduling a small team repeating similar work at one site, bulk deliveries, and even a mini-crane which is still a fairly new thing. Costs ought to be ok with few developers buying more at once. What are the margins like, or how does it all compare to SFHs and condo towers?