I have to give it to Bob Rennie... he knows how to draw a crowd. After telling the audience how he makes a ton of cash for doing the project he talked about the new prices at The Village. The reductions are somewhere in the %5 - %50 range with the biggest discounts on the uber high end product.
I am not overly impressed with the new pricing. I believe it is somewhere close to market value, but still over. All of the hype from todays event should sell the 200 some odd units on the market just from the resulting buzz.
See the new pricing ranges here The Village Pricing
The lowest priced unit at $329,900 plus hst (roughly $347,000) gets you a one bedroom and flex space at 483 sq ft. nearly $720 a sq ft.
If anyone wants some more info on this, or anything real estate related feel free to contact me at any time.