Comment 84244

By adrian (registered) | Posted December 20, 2012 at 14:49:03

I'm confused by why Wilson-Blanchard believes these properties have no value and cannot be sold to people who would properly redevelop them instead of destroying them, and I'll tell you why.

Our company (factore.ca) was throwing around the idea of moving a couple of months ago, and we were looking at various properties downtown. We need around 4 or 5,000 square feet for it to be worth a move, and we'd love to own our own building.

We didn't see anything that was appropriate, but then we got an email from our realtor telling us that the Chester's building by Gore Park was up for sale. We checked it out - 5,000 square feet, tons of heritage value, some tenants in the building already - it was perfect! This was a Friday, and we contacted our realtor that day to see if we could go see it the following Monday.

She got back to us later that afternoon and told us, "I can try to book a tour for it on Monday, but I'm not sure if it's worth it. There are three offers on it already."

If a building on the next block that goes up for sale gets THREE offers on it the same DAY it goes on the market, I'm having trouble understanding why Wilson-Blanchard needs to demolish all of these buildings.

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