An aerial view of Langford’s Westview subdivision on South Skirt Mountain, with new-build homes along Mica Place at-bottom. Single-family residences with suites on Mica Place are now move in-ready, and select homes are eligible for no GST payable. © South Island Home Team
By Mike Kozakowski of Citified.ca
LANGFORD
Homebuyers can now take advantage of a market-leading 35-year mortgage amortization on move in-ready executive homes with suites in Langford’s Westview community. Overlooking the West Shore, Victoria, the waters of the Salish Sea and Washington State’s Olympic Mountains, is a collection of single-family homes high above Langford on Mica Place, part of the growing Westview subdivision on South Skirt Mountain near Bear Mountain Resort. Westview’s sizable Mica Place homes, with available floorplans ranging from just under 2,800 square feet to over 3,400 square feet, qualify for the Royal Bank’s new Green Home Mortgage Program, an initiative available at select energy-efficient new communities in Canada. Read more here
Only a handful of homes remain for sale at Trailside at the Lake, a two-building, six-storey move in-ready pre-sale overlooking Langford Lake at the western terminus of Goldstream Avenue. Nearly 90% sold-out of its 124 one and two-bedroom condominiums from developers Keycorp and Seacliff, Trailside’s remaining collection of suites span from 654 square feet in one-bedroom, one bath configurations to 921 square feet in two-bedroom, two-bath layouts. Pricing starts at $490,000, plus GST, with parking included. Read more here
SAANICH
The area around Saanich’s former Mayfair Lanes bowling alley and upcoming Real Canadian Superstore could see more than 1,000 residential units within a duo of high density, highrise developments. Last year, Saanich council approved plans for developer Townline’s 555-unit, three-tower redevelopment of the Mayfair Lanes property immediately north of Mayfair Shopping Centre with towers of 21 to 24 storeys above a two-storey retail centre anchored by Superstore. Now, just a stone’s throw to the northeast overlooking Highway 17 at Cloverdale Avenue, is a fresh proposal that could deliver an additional 467 residential units above commercial space within two towers of 22 and 20 storeys at 3311 Oak Street and 816 Cloverdale Avenue (collectively encompassing just under 1.5 acres of land). Read more here
VICTORIA
BC Housing is working on a proposal to redevelop a North Park lot along the 900-block of Mason Street into a culturally supportive project for First Nations, Inuit, and Métis people at risk of or experiencing homelessness. Known as Wellness House, the five-storey building (with an unannounced suite count; estimated to be at around 40 units) is a partnership between the City of Victoria, the Aboriginal Coalition to End Homelessness Society, and BC Housing. If approved, the facility will rise across the street from BC Housing’s already green-lighted 20-storey affordable rental tower and supportive units between the 900 blocks of Mason Street and Pandora Avenue. Read more here
Downtown Victoria’s housing stock is expected to grow by just under 300 to nearly 800 purpose-built market rental units in 2025, depending on changing completion timelines for several developments currently underway. The estimate comes via Citified’s construction activity monitoring for Greater Victoria, and is comprised solely of privately-built inventory as no government-backed projects are currently under construction in the city centre. On-track for a 2025 occupancy barring major unforeseen circumstances are two projects, one rising to 15 storeys with 121 apartments along the 900-block of Pandora Avenue at Vancouver Street, and the other a six-storey lowrise with 162 rental homes on Vancouver Street at View Street. Their combined housing total will collectively add 283 residences and over 3,000 square feet of new retail space. Read more here
Mike Kozakowski is with Citified Media and can be reached at mailto:mike@citifiedmedia.com
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