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Old 07-12-2018, 09:06 PM   #12300
R. Mutt
I STILL don't get it
 
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Join Date: Feb 2010
Location: VanCity
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I live in the North Tower. We paid $985/ft for a 1 bedroom just under 600 sq ft. Corner unit, nice view on 27th floor. This was last August, when you could get fixed 5 yr at 2.6-2.7%

As a recent buyer I’d advise you to start on the lower end to entice and at least start getting offers. Interest rates have gone up multiple times since then and I doubt anyone buying a unit here at this stage is doing it as an investment...that ship has sailed. More than likely the interest will be from a first time buyer looking to get into the market. In that sense I’d start on the lower end of your spectrum and get the offers in. You can always counter, but if no one is interested then what’s the point. But like others have said only you know your financial standing and how far you can stretch.
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