Post by
CANCDN on Dec 21, 2020 10:46am
Toronto Real Estate is done!!
This was just confirmed by Oxford Properties who just announced this morning a 2.5 BABABABABABAB BILLION dollar investment in a densification, directly across from Young Eglinton Centre and near ECentral/Eplace. We also own about 3 properties one block north that have plans already submitted for densification.... BUT the VIRUS MUTATION THE VIRUS MUTATION RUN RUN RUN, SELL SELL SELL
Comment by
gashole on Dec 21, 2020 10:59am
Are you related to Snake?
Comment by
thenewsnake on Dec 21, 2020 11:12am
The Yonge/Eg and Yonge/Sheppard and Yonge/Empress locations are definitely hot commodities
Comment by
BlueGuitar1 on Dec 21, 2020 12:30pm
So @CANCDN- Since this property is shared with CRT.UN, are you now pumping Canadian Tires REIT. Anyways, we are talking years and years and years away. And years away...We are talking about REI. So I have to agree, that selling is a good idea even though you are "kidding".
Comment by
CANCDN on Dec 21, 2020 12:34pm
Yes if you are a short term swing trader.. you should sell, but remember you are selling Toronto real estate for 35-40% discount
Comment by
CANCDN on Dec 21, 2020 12:39pm
I did not know CT Reit was invovled. Is thier thier first big project? Still dont trust a BOD with CRT executives on it. This new development look nice, but I bet CT will be paying below market lease rates