But this is turn key. A commercial unit will need to be built out to suit your needs.

you know the surrounding areas are going to be covered in cig butts and spit piles

If you pick one of their preconfigured designs, otherwise you can get it done however you like. You could easily take this basic layout to a contractor and have it done anywhere. The base price likely doesn't include any of the 4 they've shown so anything "turn key" is going to cost more anyways.

........

Buy a unit and troll by putting like a piece of shit in there like a 1988 Toyota Tercel?

I think it's an interesting idea and were it not for the douchebag clients, it would make a lot of sense for regular people who don't necessarily want or can buy a proper personal residence with a personal garage to store all of their toys. I'm sure lots of condo dwellers would rather store their Porsche in a private space with power, electrical, etc.

The key thing about this type of storage facility is the restrictions. If these were sold as proper strata units, you could probably do want you want to your space provided that buildings codes and city bylaws were met. However, if these are being sold as leases, then they wouldn't be as attractive.

In terms of a real estate deal, unless it's zoned as comercial or in an area where it cannot be rezoned as residential, it doesn't make much sense from a developer point of view.

The return on investment for the size of this property isn't going to be great compared to building a low rise or rental units

I inquired to see if it made sense from an commercial investment pov. Sqft from what I remember is around $1200 but don't quote me on this. It's strata units and I was told you can rent/lease the units but has to remain a storage unit for cars. I was told around 80% of the units are sold, only larger floor plans remain. The contract at this point can't be assigned but that might change.

My takeaway in regards to an investment was it's hard to gauge what sort of return you can get from such a concept.

They should build a Initial D condos
:fuckyea:

As long as strata has a ban on all aluminum pie plates from being hung from balconies, it's all good.


Still waiting for an update in that thread, gulolol.

I can picture it now!

Gaudy shoes, vape smoke and 'N' Stickers!

lol... who needs LSW if you can just visit this every time you want to seem some nice cars in horrible wrap jobs!

in all seriousness... I was telling my wife that only in a city like Richmond/Greater Vancouver would such a place/business idea make money

I wonder what type of security is available for these condo units.

:considered:

What would stop some car jackers from driving a big truck to smash into the condos and then getting a flat bed truck to haul away some exotics? LUL

But there not the first to do it Many places have similar car/toy storage units.

I am pretty sure the place has a gate.

"Status symbol condos"

same thing as dimsum buying a 5DMKIII Canon camera, and it sits on his shelf for when friends come over.

A gate won't do a thing. A couple of skilled people could have a few loads of exotics gone in no time when they're all stuffed into one building.

The same thing thats keeping car jackers away from jacking cars from dealerships? :badpokerface:

heard these guys are experts at it

http://images6.fanpop.com/image/phot...07-500-669.jpg

My thoughts exactly....