Donald Trump condos... are you buying? - Canadian TV, Computing and Home Theatre Forums

jacksparrow · 2007-10-12, 06:23 PM

Apparently prices are to range from 1.6 million to 16 million dollars

Who in their right mind is going to drop that much living above an hotel and for a condo?

Donald.....you can count me out mate

57 · 2007-10-12, 06:28 PM

I was reading the Real Estate News section of the Globe today. There seems to be no shortage of people willing to pay these prices at the various condos going up in Downtown TO at prices close to (and in some cases above) $1000/sq. ft. I saw the ads for at least a half dozen "starting in the low millions".

It was only a few years back that you could purchase some inexpensive places for just over $100/sq. ft. That's not possible any more here.

jacksparrow · 2007-10-13, 08:42 AM

It's crazy the way things are going, Toronto is going to turn to a city lived in by wealthy folks and all the poor folks would be driven out

Then again I have seen a lot of homes shows to know that the people buying these expensive condos live there for a year, even though they can hardly afford it, and then claim they are selling due to some made up story

asif9t9 · 2007-10-13, 10:54 AM

I think the only option in Trump's condo is gold coverered everything.

hugh · 2007-10-13, 11:02 AM

These folks don't remember the condo market in 1989. I have already heard that small luxury condos down by the waterfront are starting to drop in value.

jacksparrow · 2007-10-13, 12:16 PM

Yes I saw his house with all that gold covered stuff, it was tacky

The only thing that look good in that house, was his new Eastern European wife

Exid0r · 2007-10-13, 04:31 PM

Trump set for towering debut

[Alex] Shnaider, 39, is expected to take possession of the penthouse, which is valued at $20 million (Canadian), making it the most expensive condominium in the country.

Wonder what the condo maintenance fees are?

jacksparrow · 2007-10-13, 05:29 PM

The guy is a moron, giving his money to another billionaire, no wonder trump is richer than him. Anyway...he could have just bought the house that the mattamy owner is trying to sell in Oakville with a baseball diamond on the land.

The thing with buying a 20 million dollar condo is that he still has to share the elevator with the lower class people

haystack · 2007-10-13, 05:39 PM

Maybe he does not want to live in Oakville.
Anyway it keeps guys working.

Walter Dnes · 2007-10-14, 12:20 AM

Quote:

Originally Posted by jacksparrow

Apparently prices are to range from 1.6 million to 16 million dollars

Who in their right mind is going to drop that much living above an hotel and for a condo?

Donald.....you can count me out mate

According to an article at http://www.canada.com/topics/news/na...80cc0c&k=11654

Quote:

Trump and his partners from Talon International Development, Inc., say 70 per cent of the building is already sold out.

Is it worth it? Well...

Quote:

The building will also feature a two-level spa, a sushi and martini bar, a restaurant on the 30th floor and "24-hour access to two chauffeur-driven S-Class Mercedes sedans" for all its residents.

The article gets one thing wrong. They talk of the suites being "up to" 1.6 megabucks. They actually start at 1.6 megabucks, and go up from there. Let's just say that the average member of this forum is not the "target market" for this building, even though OTA TV reception in a southeast-facing condo at the 50th storey should be awesome. I can see a market for maybe 1 or 2 of these in Toronto.

jacksparrow · 2007-10-14, 08:38 AM

Am sure antennas and dishes won't be allowed on the side of the building.....

powerstream · 2007-10-14, 10:56 AM

The people who can afford to buy will buy, simply because real estate is a safe bet for long term investment, and also because of the Trump name recognition, that alone adds a lot of value. In some of Trump's buildings in New York, only the richest in the world are privileged to live there, even Bill Gates. So by becoming part of "Trump" you're basically part of the same circle these guys are part of, although on a totally different level but hey you gotta start somewhere!

jacksparrow · 2007-10-20, 06:28 AM

If I had all that kind of money, I won't buy it, I'll just build my own. Just look at Seinfeld's house in the Hamptons

57 · 2007-10-20, 10:56 AM

There was an article in Today's Globe indicating that a lot of these condos are being purchased by foreign buyers as investments. Relative to a lot of major world cities, Toronto is inexpensive.

stampeder · 2007-10-20, 01:54 PM

As mentioned on Air Farce last night, when completed the top of the new Trump Tower will have the world's tallest free-standing comb-over!

2007-10-12, 06:23 PM	#1
jacksparrow Join Date: Apr 2007 Location: Southern Ontario Posts: 1,066	Donald Trump condos... are you buying? Apparently prices are to range from 1.6 million to 16 million dollars Who in their right mind is going to drop that much living above an hotel and for a condo? Donald.....you can count me out mate

2007-10-12, 06:28 PM	#2
57 Moderator Join Date: May 2002 Location: Toronto, Rogers, 8300HD, eHDD, Panasonic TCP65S1, Denon AVR4310Ci; 8300HD, eHDD & Sony KDL40W3000 Posts: 50,346	I was reading the Real Estate News section of the Globe today. There seems to be no shortage of people willing to pay these prices at the various condos going up in Downtown TO at prices close to (and in some cases above) $1000/sq. ft. I saw the ads for at least a half dozen "starting in the low millions". It was only a few years back that you could purchase some inexpensive places for just over $100/sq. ft. That's not possible any more here. __________________ 57's Home Theatre (Latest equipment & photos) 57's Optimization Services (Home Theatre Optimization)

2007-10-13, 11:02 AM	#5
hugh Member #1 Join Date: Dec 2001 Location: Toronto Posts: 47,501	These folks don't remember the condo market in 1989. I have already heard that small luxury condos down by the waterfront are starting to drop in value. __________________ As of January 2012, I am no longer the owner of the Digital Home website. If you have questions about the operation of the site, please contact VSAdmin. For personal inquiries contact me at the Hugh Thompson website.

2007-10-20, 10:56 AM	#14
57 Moderator Join Date: May 2002 Location: Toronto, Rogers, 8300HD, eHDD, Panasonic TCP65S1, Denon AVR4310Ci; 8300HD, eHDD & Sony KDL40W3000 Posts: 50,346	There was an article in Today's Globe indicating that a lot of these condos are being purchased by foreign buyers as investments. Relative to a lot of major world cities, Toronto is inexpensive. __________________ 57's Home Theatre (Latest equipment & photos) 57's Optimization Services (Home Theatre Optimization)

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2007-10-13, 08:42 AM	#3
jacksparrow Join Date: Apr 2007 Location: Southern Ontario Posts: 1,066	It's crazy the way things are going, Toronto is going to turn to a city lived in by wealthy folks and all the poor folks would be driven out Then again I have seen a lot of homes shows to know that the people buying these expensive condos live there for a year, even though they can hardly afford it, and then claim they are selling due to some made up story

2007-10-13, 10:54 AM	#4
asif9t9 Veteran Join Date: Mar 2005 Location: Oakville, Cogeco Posts: 3,036	I think the only option in Trump's condo is gold coverered everything.

2007-10-13, 12:16 PM	#6
jacksparrow Join Date: Apr 2007 Location: Southern Ontario Posts: 1,066	Yes I saw his house with all that gold covered stuff, it was tacky The only thing that look good in that house, was his new Eastern European wife

2007-10-13, 04:31 PM	#7
Exid0r DHC Supporter Join Date: Dec 2006 Location: Brampton, Ontario Posts: 493	Trump set for towering debut [Alex] Shnaider, 39, is expected to take possession of the penthouse, which is valued at $20 million (Canadian), making it the most expensive condominium in the country. Wonder what the condo maintenance fees are?

2007-10-13, 05:29 PM	#8
jacksparrow Join Date: Apr 2007 Location: Southern Ontario Posts: 1,066	The guy is a moron, giving his money to another billionaire, no wonder trump is richer than him. Anyway...he could have just bought the house that the mattamy owner is trying to sell in Oakville with a baseball diamond on the land. The thing with buying a 20 million dollar condo is that he still has to share the elevator with the lower class people

2007-10-13, 05:39 PM	#9
haystack Join Date: Jan 2006 Posts: 2,113	Maybe he does not want to live in Oakville. Anyway it keeps guys working.

2007-10-14, 08:38 AM	#11
jacksparrow Join Date: Apr 2007 Location: Southern Ontario Posts: 1,066	Am sure antennas and dishes won't be allowed on the side of the building.....

2007-10-14, 10:56 AM	#12
powerstream Join Date: Jan 2005 Location: Thornhill Posts: 383	The people who can afford to buy will buy, simply because real estate is a safe bet for long term investment, and also because of the Trump name recognition, that alone adds a lot of value. In some of Trump's buildings in New York, only the richest in the world are privileged to live there, even Bill Gates. So by becoming part of "Trump" you're basically part of the same circle these guys are part of, although on a totally different level but hey you gotta start somewhere!

2007-10-20, 06:28 AM	#13
jacksparrow Join Date: Apr 2007 Location: Southern Ontario Posts: 1,066	If I had all that kind of money, I won't buy it, I'll just build my own. Just look at Seinfeld's house in the Hamptons

2007-10-20, 01:54 PM	#15
stampeder OTA Forum Moderator Join Date: Jan 2005 Location: North Delta, BC (96Av x 116St) Posts: 23,338	As mentioned on Air Farce last night, when completed the top of the new Trump Tower will have the world's tallest free-standing comb-over!