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Condo Madness in Toronto
People queuing in eight-night campout mostly being paid to hold spots for real estate agents
Toronto's real estate market reached a new high - or low, depending on your point of view - this week as more than 60 people set up temporary camp on Bloor Street to spend eight nights awaiting the opening of the sales office for the new One Bloor condo development.
When those doors open at noon next Tuesday, the people in line will give up their places in line to dozens of real estate agents who will have first option on the $850-a-square-foot units. Many expect the 80-storey tower to sell out on that brokers-only day.
See full story in the Globe and Mail ...
November 7, 2007 in Buying Toronto Real Estate | Permalink
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