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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company’s investment portfolio comprises around 54 properties with approximately 1.9 million rentable square feet (sq. ft) of industrial and commercial space and a 50% interest in two- multi-family rental properties with a total of 94 units. It offers a range of property management services for its portfolio of investment properties, which include tenant services and relationships, building operations, lease administration, property accounting and reporting and project management services. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,400 acres of development lands in Mission, British Columbia.


TSX:MPC - Post by User

Post by undervalueon Sep 22, 2022 1:17pm
147 Views
Post# 34979520

New Model at Nelson and Grove

New Model at Nelson and GroveA price reduction on a new model on the uphill side of the final Street in this development.
Just as a reminder, our JV is selling lots, not building or delivering homes.
The price drop is around 200k. If it stimulates lot sales, that's a positive.
We have a lot of product in the JV to bring on, I am glad they are being fluid with their pricing.

Buying a home at Nelson & Grove just got sweeter - with the newest single-family home model being unveiled this weekend

Nelson & Grove’s uphill model features all the high-end finishes Morningstar’s customers have come to expect in its homes, including four interior colour schemes to choose from, stainless steel appliances and fully landscaped and fenced yards.

That’s not all.

Morningstar is also providing Special Royal Bank Pre-Sale Financing, offering 24 months guaranteed mortgage upon application for your added peace of mind. And now, Morningstar has sweetened the pot with an extra special price, the Pine model will be released starting from $1.149M and that includes a deluxe finished basement and the GST!

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