Thursday, May 17, 2012

Rental Project in the Town of Ajax

Hardwood and Bayly project, I went to the meeting a couple of weeks ago to find out what it was. It looks like a very nice and innovate project. My only concern is that the 2 large towers, to be built 1st,  will be 25 floor rental buildings.  Since a lot of people in the area are looking for affordable rentals, not high end expensive rentals, what will the atmosphere of this project be. The builder stated that it was easier to get financing for a rental project instead of a condo project, therefore the rentals would come 1st. Hopefully this does not turn out to be the rough and tough area for low income rentals only?? Since we had a shooting last week in the area that ended up finishing off at Falby Court.

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