Think the Seattle condo market is going out of hand? Consider Vancouver.
"I summer in THE HAMPTONS... I winter in ASPEN. My home, THE RITZ-CARLTON, VANCOUVER." That's the seductive tag line in a full-page ad on the back of the A-section of Thursday's Globe and Mail Ontario edition.
The condos, which run $2.25 million to $10 million, are part of a skyscraper building boom that will give Vancouver a tall skyline. The Web site address says much: vancouversturn.com.
They're also part of a trend that has made Vancouver Canada's priciest housing market. Meanwhile, Toronto -- a big presumed audience for the Ritz-Carlton -- is a bargain. Ads on bus shelters in downtown Toronto last week promised two-bedroom luxury condos near the financial district starting at $159,000.
Were those toronto condos in or near St Jamestown? Cus it sort of sounds like it and if so, I don't think that's particularly representative. The schools there at least are really terrible.
http://en.wikipedia.org/wiki/St._James_Town
Condos in general are perfectly expensive in Toronto to my understanding.
Posted by: john | October 21, 2007 at 16:57
I think it was closer in -- on a cross street to King, if I remember correctly. In any case, that's a good point. No doubt the stats in that NY Times story I linked to are more representative.
Posted by: Brad | October 21, 2007 at 21:03