Our weekly update includes a review of the February condominium rental and resale markets and a new UrbanAction release for 1 Jarvis in the City of Hamilton. Enclosed is our Pending UrbanActions report with the addition of the launch of Bauhaus at 284 King Street East in the Downtown East submarket this week.
Condominium Rental Market Update
|Condominium Resale Market Update
UrbanAction Release: 1 Jarvis
· 1 Jarvis is the first launch in the central Hamilton submarket in nearly two years located at 1 Jarvis Street, north of King Street East and west of Wellington Street North (the common east delineation of downtown Hamilton). The 15-storey building by Emblem Developments offers 354 units sized from 435 sf to 840 sf with end-selling prices from $367,000 to $576,000. Launched to brokers in mid-February at an average $753 psf, it is Urbanation’s understanding the project is sold out subject to the 10-day recession period.