Blue Sky Condo??

[I-Hate-Hulse]

Originally Posted by Bertuzzied

Is there a link to the story? i was there when they were doing the lottery for their new building at 3101 Varsity.

http://www.canada.com/globaltv/calga...6-e6b28301a8a8

God I hate the canada.com site. Even after it's "redesign"

[ken0042]

Just an FYI- tonight on CFCN on the 6:00 news they are going to do a consumer reports special on this issue.

Edit- this isn't worth bumping the thread over; but last night's consumer report was brought to you by "Captain Obvious." I'm sorry I wasted hard drive useage recording it.

[Flame On]

Thanks ken0042 that's great to know, I should pop something off to Ms.Williams-Doherty too.

[Travis Munroe]

7 year old bump... Any of you living in the complex? Showed a couple places today and one seemed to be great value but had some concerns. There were a couple cracks in the ceiling and a number of the baseboards didn't line up in the corners (gap at the 90 degree angle)
Also, how is the financial situation.

Any insight from current owners would be greatly appreciated!

[NuclearPizzaMan]

Originally Posted by Realtor 1

7 year old bump... Any of you living in the complex? Showed a couple places today and one seemed to be great value but had some concerns. There were a couple cracks in the ceiling and a number of the baseboards didn't line up in the corners (gap at the 90 degree angle)
Also, how is the financial situation.

Any insight from current owners would be greatly appreciated!

It's a condo complex built in Calgary within the last 20 years, and is 7 years old itself? I'm surprised it hasn't fallen over yet.

[1stLand]

I sold my clients townhouse in this complex late last year.

I like the views some of these units have. Plus the proximity to the future LRT expansion will be awesome to get around town.

[The Yen Man]

Ah, the great condo boom of 2004-2007, brings back some (bad) memories. I bought originally from Midtown (10th Ave and 4th St SW). Phase 1, 960 ft condo on the 15th floor for a little over 200K back in 2004. Oh how much money I would have made had that actually built. I could have probably sold it for 400K now. Instead, the company (Resiance) went backrupt, Point of View bought it over and then found out the foundation couldn't support any building over 4 or 5 stories, and the whole thing was scrapped. I guess at least I got my 5% deposit back.

[Bigtime]

Originally Posted by The Yen Man

Ah, the great condo boom of 2004-2007, brings back some (bad) memories. I bought originally from Midtown (10th Ave and 4th St SW). Phase 1, 960 ft condo on the 15th floor for a little over 200K back in 2004. Oh how much money I would have made had that actually built. I could have probably sold it for 400K now. Instead, the company (Resiance) went backrupt, Point of View bought it over and then found out the foundation couldn't support any building over 4 or 5 stories, and the whole thing was scrapped. I guess at least I got my 5% deposit back.

Most definitely not the reason Point of View didn't go ahead, especially considering that Centron is constructing a 10 storey office building on the site now (using the existing foundation).

If memory serves POV was pretty much falling apart around that time, that was the most likely reason they didn't go ahead.