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To find a developer you can check out www.toronto.com, they have a list of them and their projects.
With regards to why someone would want to live in a condo...
I've lived in both the city and in the suburbs and I would give anything to be back in the city again.
Just like a house a condo increases in value, especially if it hasn't been built yet. In a condo you pay for convenience. Having a gym close by, track, pool, sauna, and lots of people around. Everything is a short walk away or at worst a quick ride on the ttc.
If you want land you can always buy a couple acres in the boonies for a couple thousand. Or live in Prince edward island and have a huge amount of land for real cheap, if you could actually tolerate living there.
Now let's say a fire blazes through the building or you wake up to see a 747 approaching your window. If you do survive, I'm sure insurance would cover it. Now let's say the same thing happened to your house with land....
In my city a jet crash happened awhile back in someones farm. Decades later they are still finding human bones and parts of the jet after the clean up. Not to be macabre, but I wouldn't want to live on that piece of land after that. I'm sure it also decreased the value of it quite a bit. A fire? Well, I guess you still have land with a bunch of rubble that needs to be cleaned up.
Last edited by aeroheli on Jul-14-2004 at 14:04
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