Oh wow, you don't say. Thanks for bringing us up to speed here.
BUILT 1011 Burdett Uses: condo, townhome Address: 1011 Burdett Avenue Municipality: Victoria Region: Urban core Storeys: 4 Condo units: (1BR, 2BR) Sales status: sold out / resales only |
Learn more about 1011 Burdett on Citified.ca
[Fairfield] 1011 Burdett | 32 condos; 4 townhomes | Completed - built in 2015
#41
Posted 11 October 2014 - 04:29 PM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#42
Posted 11 October 2014 - 05:36 PM
Bit of an update for anyone else who may have been considering buying here. I sent an email requesting more info about the 1 bedroom units and got the following reply:
"Thanks for your email. Recently, due to changing market conditions and to meet an increasing demand Mountain West Properties has decided that 1011 Burdett will now be offered as high end rental accommodation when complete later this year. As a result these homes will no longer be offered for sale. Developer is in the process of updating website and signage to reflect this."
Huh, interesting. Well, if you can pull it off...
I think the brick is overdone. Too much.
#43
Posted 11 October 2014 - 06:59 PM
What, no welcome for Art after providing that info?
#44
Posted 11 October 2014 - 07:07 PM
What, no welcome for Art after providing that info?
Oh dear, did not notice. WELCOME ART!
And as always, we REALLY enjoy new members that come bearing gifts (great information).
#45
Posted 11 October 2014 - 08:47 PM
Very interesting change in use on this project!
#46
Posted 11 October 2014 - 09:19 PM
Haha thanks all...I've been lurking for a while (in the market for a condo) but figured since I had some news I should contribute.
- Mike K. likes this
#47
Posted 13 October 2014 - 08:42 PM
Looks they purchased a handful of properties in order to make up 1011 Burdett. Perhaps they paid too much for the land and their prices that rolled over were just too high?
“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs
#48
Posted 01 November 2014 - 09:35 AM
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#49
Posted 01 November 2014 - 09:42 AM
I still say THAT'S A LOT OF BRICK.
#50
Posted 01 November 2014 - 10:00 AM
Windows seem quite small, but I really do love the look of it.
“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs
#51
Posted 01 November 2014 - 10:31 AM
Nice finishing details. Clearly this was not intended to be a rental at the design stage.
#52
Posted 01 November 2014 - 10:55 AM
I think it fits well into the neighbourhood.
- Nparker and Mixed365 like this
#53
Posted 01 November 2014 - 11:32 AM
I still say THAT'S A LOT OF BRICK.
Haven't spent much time in the east? There are whole neighbourhoods filled with brick buildings like these in places like Montreal, Chicago, Ottawa, TO, NYC etc. It's all about what you're used to.
- Nparker likes this
#54
Posted 01 November 2014 - 11:58 AM
Im sure this is a very high quality project, but I have a feeling they may have switched to rentals because they weren't selling. Just not what the market wanted I guess.
“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs
#55
Posted 01 November 2014 - 12:02 PM
Haven't spent much time in the east? There are whole neighbourhoods filled with brick buildings like these in places like Montreal, Chicago, Ottawa, TO, NYC etc. It's all about what you're used to.
Ya, and I really like them. Just somehow this one does not strike my fancy.
#56
Posted 01 November 2014 - 12:20 PM
Im sure this is a very high quality project, but I have a feeling they may have switched to rentals because they weren't selling. Just not what the market wanted I guess.
I think you are right. We went through their show office in the hearitage house on Mclure and I thought that they were way too expensive for what was being offered. They were nice, but really average finishings with very small suites at top of the local market prices per sq ft seems to have equalled no sales. I think they misjudged the desire for people to live in that area and pay a premium to do so.
#57
Posted 01 November 2014 - 12:38 PM
... I think they misjudged the desire for people to live in that area and pay a premium to do so.
So what do they think people are willing to pay to RENT in that area?
#58
Posted 01 November 2014 - 02:50 PM
I think you are right. We went through their show office in the hearitage house on Mclure and I thought that they were way too expensive for what was being offered. They were nice, but really average finishings with very small suites at top of the local market prices per sq ft seems to have equalled no sales. I think they misjudged the desire for people to live in that area and pay a premium to do so.
Do you recall what the price per sq. ft. was?
“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs
#59
Posted 02 November 2014 - 09:04 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#60
Posted 02 November 2014 - 10:52 AM
That's another no seller for them. And their Vic West office proposal never got off the ground.
Are you speaking about Harbour Landing? Really? No activity there at all?
“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs
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