The VUE (Vibrant Urban Energy) condo conversion project has been on sale to the Calgary public since January 25, 2007.
Presently it has been on the market for well over one calendar year and the condo conversion is only 75% sold. The units on sale are now for immediate possession with no GST.
Location is a vital element to consider when purchasing a property. The VUE is actually pretty well located on 14th Street N.W., close to the heart of trendy Kensington and a quick walk (and even quicker drive) into downtown. So why aren’t the units selling?
Failed condo conversion project?
You be the judge.
Posts
$350,000 to live in that !
looks like a soviet era hospital
no thanks and good luck selling the remaining 25%
theyre gonna need it
Looks like there is another three listings on MLS that I could find for just the Vue.
3307857
3307985
3308694
I know a couple of months ago the gimmick there was $10,000 of free electronics.
I was at Arriva this weekend, and I think they have 13 listings on MLS last count, plus multiple listings for rent. In addition, when I was in the sales centre they said they still had not sold all from the first tower. I’m guessing some people have walked away from there deposit.
new edmonton condos reduced 30%
tinyurl.com/2srysh
ahhhhhhh the smell of panic in the air
200+ condos that arnt on the mls
tinyurl.com/2mqgpc
ahhhhhhh the smell of napalm in the air
there will be speculator blood spilt now
lots of it
It really does look like a hospital.