Halifax Condo Update
The Trillium Condos are an exciting new Halifax Condo project by WM Fares Group set to be completed in the spring of 2011. It is in a prime location on the corner of Brenton St and South Park St in downtown Halifax. If you would like more info on this project you can call me 902-488-0012 or email andrew@halifaxrealestateguy.com
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- Monday Market Watch/ Downtown Halifax Condo Update
{ 5 comments… read them below or add one }
why do you need 5% down then another 5% down the road. I never heard of having to put 10 percent down when you purchase a property? and 15% if your an invester? Did they say how much they are expected to go up?
Hi Curt,
Sorry for the late reply. To answer your questions. The reason for the 5% down up front and another 5% down the road(which has just changed to 120 days now) is that it is the banks that are requiring this. The same can be said for the 15% down for investors. With regards to how much they will go up, it is very difficult to say. They are almost 50% sold and it is still 2 years away from being completed. So if you were to get in now, you would get pre-construction prices, plus it is going to be a showcase building for downtown Halifax. There will be a return, it is just hard to say exactly how much. Hope this answers your questions.
Are there any left?
Hi Feng,
As far as I know there are units left. They have not been very forthcoming with information regarding this project.
Ah kk thx I guess I’ll look into it.