Sentences with phrase «in city condos»

We live in a city condo, so one barely fits!
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It's just the latest in a string of disputes in recent months involving condo residents, owners, boards and property managers that have highlighted some of the downsides of condo life, even as scores of cranes erect new glass towers in Canada's largest city.
In Canada's biggest cities, condos were the source of new rental units for a long time.
Austin, Texas, is one of the fastest - growing cities in the US, and soon a new condo building called The Independent will dominate its skyline.
On the other hand, critics have blamed the Aussie rules for contributing to a boom in unsightly condo towers aimed at foreign investors while doing little to bring sky - high house prices in cities like Sydney and Melbourne back down to Earth.
In Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealtIn Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealtin the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealth.
When commission and closing costs, maintenance, moving and other expenses are added up, the sum can easily eclipse any equity amassed in that short time — even in a city with a skyrocketing condo market.
The city saw a 42 % jump in the number of newly registered condos during the first quarter of 2015, according to research firm Urbanation.
A somewhat dated but solid four - bedroom will cost less than a condo in the city centre.
International migrants are another factor, and condos remain the only affordable option for first - time buyers in those cities.
The City of Vancouver has moved to take over the Olympic Village — now a struggling luxury condo project — and place it in receivership in hopes of recouping some of the $ 740 million in taxpayer funds invested in the project.
Paying for all of the costs associated with a detached home in the Vancouver area requires 121 per cent of median household income; for a condo, it's 46 per cent of income, making it Canada's least affordable city, according to economists at the Royal Bank of Canada.
In Toronto, information on foreign buyers is more scarce, although a report from Canada Mortgage and Housing Corporation in April pegged the rate of foreign ownership in the city's condo market at 3.3 per cenIn Toronto, information on foreign buyers is more scarce, although a report from Canada Mortgage and Housing Corporation in April pegged the rate of foreign ownership in the city's condo market at 3.3 per cenin April pegged the rate of foreign ownership in the city's condo market at 3.3 per cenin the city's condo market at 3.3 per cent.
But for those who are primarily looking for a downtown experience (or to perhaps spend part of their week in the city), McQueen points out that condos have become an increasingly important part of the luxury market.
White also owns a condo in Park City, Utah and a penthouse in New York City's East Village, bought in 2008 for $ 1.9 million, according to Variety.
And with giant new condo towers sprouting up in every corner of the city, those numbers are likely to grow.
Few single - family homes are being built in the city today, which means young families will have to turn to condos.
Following years of increasing employment and wealth driving up rent and property prices in San Francisco and surrounding cities, demand for luxury housing appears to be on the decline and housing and condo price appreciation have «basically plateaued,» according to Paragon Real Estate Group.
In Panama City's central Parque Lefevre neighborhood, where many middle - class Panamanian professionals make their homes, a two - bedroom condo — with a balcony, a newly remodeled kitchen with granite countertops, and all appliances and window treatments included — is selling for just $ 122,000.
The opportunity then was to buy a small, luxury city condo in a premium neighborhood.
For the most part, the aging demographic prefers larger, well - appointed homes in tony neighbourhoods, but is also increasingly purchasing luxury condos in major cities such as Toronto, Vancouver, Calgary and Montreal.
The city's first condo costing more than $ 100 million, which sold in the last few weeks at the new luxury tower One57, had property taxes this past year of $ 17,268, according to the city's finance office.
More than 675 luxury condo units are formally listed for sale at a minimum price of at least $ 1 million in the barrier island city of Miami Beach in the South Florida county of Miami - Dade, according to a new report from Condo Vultures ® Realty LLC.
Squeezing New York City condo developers further is the fact that many of the active players in the construction lending space have been alternative lenders that charge higher rates.
With vacancy rates shrinking and rents climbing, developers see a safe bet in a city with a lot of condos, but not a lot of offices
The survey of 75 cities in 27 countries detailing the average - price - per - square - foot (APPSF) for a home found that generally, the PPSF is higher for a condo than for a single - family home.
The first few months of 2016 also saw the third and fourth most expensive retail condo sales in the city's history — 139 Spring Street to Invesco for $ 25,843 per square foot and 106 Spring Street to the Carlyle Group for $ 17,559 per square foot, according to RCA.
If that keeps up, it would be good news for those economists and market watchers who believe that too many condos are going up in the country's most populous city (in the last year the central bank has highlighted the potential risks that the rising supply of condos poses to Canada's housing market and broader economy).
Well, I'd say demographics are part of it: those big city condos suit retiring boomers, and also suit the twentysomethings (the latter of which have been growing in numbers over the past few years) so there is some natural growth that comes from that.
The condo market is thriving in every city in Canada, and many people are investing in condos in Griffintown in Montreal, or various neighbourhoods in Toronto and Vancouver.
Economists and policy - makers are keeping a close eye on condos, especially in the country's most populous city, where cranes dot the sky.
We know developers are targeting seniors as condo market in cities are dwindling... Condos are being sold at almost the same price even in middle of nowhere in Canada where land is practically «free» (not even that long ago).
Condos with shiny billboards proclaiming «In the city, life is busy.»
The average price of a condo in the city of Toronto was $ 366,532 while one in the outlying areas known as the «905» region after the local telephone area code, is priced at $ 288,604.
All five cities saw increases in both condo and existing home prices in -LSB-...]
Trading in the three - bedroom home for a low - upkeep city condo provides more opportunities for enjoying the retirement years.
«Because of the amount of construction that's been done, I have noticed banks will simply say «I have too much exposure on this product in this area of the city»,» Kapahi said, cautioning that he hasn't noticed a marked slowdown in condo lending over the past twelve months.
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The world will progress just fine (even better) and scientific achievements will accelerate like nobody's business once Vatican City gets turned in to condos around 2050.
Being able to buy a castle for the price of a small condo in New York City, a full building and maybe proximity to family given the large number of players that were born within a few hundred miles of here.
She is a city mama who does not have room in her condo for a full - on nursery, but confesses that she is addicted to the site Javis Davis.
The hospital was replaced with a nearly - 200 unit condo development and the outrage contributed to City Council Speaker Christine Quinn's loss in the 2013 Mayoral election.
Despite declining median middle class incomes, for instance, the report shows that housing costs continue to rise in the city, with rents up by more than 6 percent and condos up a whopping 47 percent since 2001.
, for instance, the report shows that housing costs continue to rise in the city, with rents up by more than 6 percent and condos up a whopping 47 percent since 2001.
It was among the least controversial measures before the Council today — which included two major land use projects, the creation of condos at the graffiti mecca 5Pointz in Long Island City and the creation of mixed use developments in blighted Willet's Point, Queens.
Manhattan Borough President Gale Brewer said she thinks those who are unfairly targeted by the city's property tax are middle - class co-op and condo owners and renters in multifamily buildings — due to the higher taxes their landlords pay.
A special provision was added for Forest City, which allowed the affordable requirement to apply in the aggregate to the project's 16 buildings, meaning some of the buildings benefitting would be luxury condos.
But, the discrepancies between the two Classes for owners and renters verses condos and coops, is very significant, and something we need to address, and recognize the significance of condo and coop owners in this city.
A top aide to de Blasio tried to arrange «knowingly false» testimony under oath at a NYC Council hearing to hide City Hall's role in a botched deed restriction that allowed a nursing home to become luxury condos, a lawsuit alleges.
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