Quote:
Originally Posted by Hemi-Cuda
Who exactly would be buying those? Any of those houses in Hawkwood would likely sell within a month right now (fairly priced), whereas a townhouse might sell in 2-3 months if you're lucky. And any savings you might get by buying a condo or townhouse are nullified with ridiculous condo fees. Then you have to potentially deal with noisy/####ty neighbors, bad building management, parking issues, restrictions on pets/visitors, etc. Right now the market is overwhelmed with buyers coming from condos who want to get away from that, building more of what they're moving away from won't help anything
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Your assumption is those are all 1-2 bedroom condos. They aren't. there is an assortment of housing styles in that area, ranging from small apartments, walk-ups, semi-detached homes, and large/multilevel condos.
I don't see what is happening now being the death-knell of condo/inner-city living at all. It's a reaction to a series of events that, once subsided, will see a correction to an extent.
And i would disagree that this type of neighbourhood wouldnt be desireable compared to:
https://www.google.com/maps/@51.0390...7i13312!8i6656
or:
https://www.google.com/maps/@51.0480...7i16384!8i8192
Density means more than the above.
Even things like this could go a long way:
https://www.google.com/maps/@51.0169...7i16384!8i8192
https://www.google.com/maps/@51.0211...7i16384!8i8192