Originally Posted by
DC33_2008
BTW not many units are for sale. Where can one find low maintenance fee of $200 odd for a two bedder unit which is equivalent to a 3 bedder at Jgatewy that likely to have at least 2.5 times of the maintenance fee here. Do your homework before making any statement as you have said many times. By the time, JLD is developed, 99lh would have shortened by easily by at least 15 years. Do not be sour grape like what you say. Time will tell.
$200 maintenance is oddly low for any condo. It might be good for for short term investors, but for long terms, it will be a ticking time bomb as there will not be enough sinking fund for major repairs, which happens after building turns 10 years old.
My guess is majority there are short term investors who have no interested in building up sinking fund reserves for the future.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."