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Title: Idea of how to save current rate of your cryptocurrency for a few years Post by: allbuildstars on January 22, 2018, 11:05:29 PM Hi everyone!
If you had a chance to invest your cryptocurrency in building ~300 townhouses near Toronto with future prospect to sell them and receive at least x3, would you have invested your money in this? If yes write something like "+1", if not write why not and let's discuss this you point of view. light calculation: Let's say in Ontario (Canada) the price of building a townhouse(f.e 1000 sq feet) including labor and material is ~150k+ CAD (1CAD ~ 0,76USD), then we talk about 300 townhouses the price of land will be around 25k+. Meanwhile, selling price starts from minimum (read as MINIMUM) 450k. Title: Re: Idea of how to save current rate of your cryptocurrency for a few years Post by: Vod on January 22, 2018, 11:24:43 PM light calculation: Let's say in Ontario (Canada) the price of building a townhouse(f.e 1000 sq feet) including labor and material is ~150k+ CAD (1CAD ~ 0,76USD), then we talk about 300 townhouses the price of land will be around 25k+. Meanwhile, selling price starts from minimum (read as MINIMUM) 450k. Your costs are too low. Toronto is one of the most expensive places in Canada to buy land. Title: Re: Idea of how to save current rate of your cryptocurrency for a few years Post by: allbuildstars on January 22, 2018, 11:51:21 PM Your costs are too low. Toronto is one of the most expensive places in Canada to buy land. You are right. I should be more specific by saying about the place. What I calculated it's not exactly in Toronto, it's 40 minutes away by car from downtown of Toronto (in GTA). The price of a land you can find on realtor.ca and price of building townhouse I know because as a general contractor I recently finished a project of 20 townhouses in Oakville. |