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Sechelt Development - Edgewater at Porpoise Bay
12-14-2014, 10:28 AM, (This post was last modified: 12-14-2014, 10:38 AM by Skook.)
#4
RE: Sechelt Development - Edgewater at Porpoise Bay
[Image: attachment.php?aid=1034]

December 14, 2014 Update:

There are many mysteries in life and one of them would be unit sales at Edgewater at Porpoise Bay. We have absolutely no idea if there have been any let alone how many and Onni manages this by only listing 4 units at a time on MLS.

In the first week of December, Onni cycled in its third set of townhouse units: #22, #60, #66 and #108. In addition to keeping sales private, this process of limited listing allows Onni to play around a bit with pricing if it chooses to do so without making it blatantly obvious.

Now, with this latest cycle of listings, Onni has revealed one mystery – how much those waterfront “A” townhomes will cost. Unit 22, a middle unit, comes in at $664,900 – wow. So, the end units will be even closer to $700,000 and possibly a tad over. Well, why anyone would want to pay those prices for a front row townhome in such a densely proposed development like this boggles my mind. Believe me, the waterfront and its view at this locale isn’t worth a premium price. You would get a more “bang for your buck” waterfront and/or view by buying a single detached house up in west Porpoise Bay, Oracle Heights or the new Silverstone Heights development; and, at the latter you would save at least $100,000. Well, whatever – people have strange relationships with their money and how they spend it can leave you scratching your head.

Onni has added more pics with this new listing cycle; however, except for the floorplan image, they are exactly the same for each unit listing which is strange. Most of the images are the same as those shown before a shovel full of dirt was turned (see first thread post). So, only the two images I’ve shown above strike me as being “real” rather than feeling computer generated.

So, here is the updated Edgewater spreadsheet which likely won’t change until the 2015 spring market.

[Image: attachment.php?aid=1035]


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RE: Sechelt Development - Edgewater at Porpoise Bay - by Skook - 12-14-2014, 10:28 AM

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