175 replies to this topic

[VicHockeyFan]

What's this? The website is dead.

EDIT: Oh, here it is... http://pembertonholm...etails-26595624

[gumgum]

It's been sputtering for the past several months. It should have been done ages ago. They're obviously having issues of some kind.
As I said before, a million plus duplex on a busy street, with huge south facing windows is bound to be unpopular.

[VicHockeyFan]

It's been sputtering for the past several months. It should have been done ages ago. They're obviously having issues of some kind.
As I said before, a million plus duplex on a busy street, with huge south facing windows is bound to be unpopular.

Ah, only two units. Yikes. Yes, they could easily run out of money if it's only 50% sold.

[ZGsta]

If I own the Lamborghini in that photo I can afford to not live right on fairfield road.

[phx]

It seems the 5 year long saga of the Fairfield Rise / Ross Bay Landing has come to a close: the last unit has sold.

 

I'm really not sure how I feel about this.  It's not on the same scale as the Berlin Wall coming down, but it's equally hard to believe it's happened.

[Mike K.]

Wow, it's been that long hey? Eventually Marko will be able to confirm what all the units sold for.

[MarkoJ]

All now sold...

 

SubCls Address Map Area L Price S Price Bds Bth Built Fin SF Lot SF List Date DoM Other Dat 

 

Condo 302-1494 Fairfield Rd Vi Fairfield West $265,500 $260,000 1 1 2011 483 483 2014/08/08 33 2014/09/10 

Condo 201-1494 Fairfield Rd Vi Fairfield West $329,900 $328,000 2 2 2011 702 702 2014/01/02 15 2014/01/17 

Condo 201-1494 Fairfield Rd Vi Fairfield West $359,900 $350,000 2 2 2011 702 702 2012/10/25 239 2013/06/21 

Condo 202-1494 Fairfield Rd Vi Fairfield West $299,900 $268,061 1 1 2011 483 483 2012/10/25 232 2013/06/14 

Condo 301-1494 Fairfield Rd Vi Fairfield West $369,900 $327,947 2 2 2011 702 702 2012/10/25 193 2013/05/06 

Condo 401-1494 Fairfield Rd Vi Fairfield West $479,900 $408,959 2 2 2011 856 856 2012/10/25 126 2013/02/28 

Condo 402-1494 Fairfield Rd Vi Fairfield West $459,900 $422,109 2 2 2011 855 855 2012/10/25 13 2012/11/07 

Condo 303-1494 Fairfield Rd Vi Fairfield West $399,900 $373,654 2 2 2011 710 710 2012/05/29 42 2012/07/10 

Condo 203-1494 Fairfield Rd Vi Fairfield West $379,900 $346,958 2 2 2011 710 710 2012/05/29 38 2012/07/06 

[Mike K.]

Yikes, that's a far cry from the prices the units originally listed for.

[Baro]

What were the asking prices when it was first built?

[Mike K.]

$450k  and way on up.

 

Not a single unit even sold for $450k with the most expensive being $422k.

[Baro]

I seem to recall pre-sales for this started shortly after The Falls was completed and people here calculated they were selling for more per sq. ft. That's just insane, and for such a cheap and hideous looking building.  I'd love to watch a short documentary on this with candid interviews from the developers and architects to fully understand how it all came to be.

[phx]

Original prices were $489k to $599k. 

 

I don't know why it took so long to set realistic asking prices.

[gumgum]

That small development across the street seems to be suffering as a result of similarily poor decisions. It's still not even finished! Been years now.

[MarkoJ]

$489,900 for 483 sq/ft was a little on the optimistic side.  

[Mr Cook Street]

That small development across the street seems to be suffering as a result of similarily poor decisions. It's still not even finished! Been years now.

I still am amazed someone tried to build a luxury home to sell on that lot. No surprise to me at all that is still not finished and unsold.

[MarkoJ]

I still am amazed someone tried to build a luxury home to sell on that lot. No surprise to me at all that is still not finished and unsold.

It's a duplex I believe.