BUILT Westbay Quay Uses: condo, commercial Address: Head Street at Lyall Street Municipality: Esquimalt Region: Urban core Storeys: 6 Condo units: (1BR, 2BR, live-work) Sales status: now selling |
Learn more about Westbay Quay on Citified.ca
[Esquimalt] Westbay Quay | Condos, commercial | 6-storeys | Under construction
#61
Posted 18 October 2017 - 03:05 PM
The Westbay Quay location is blessed with naturally purified ocean air and residents will also be among the first to enjoy improved indoor air quality through Lauzon’s ingenious smart-floor air purifying system installed in every home.
These premium hardwood floors are just one of the Forward Living features found at Westbay Quay. - http://westbayquay.com/interiors/
Lauzon: https://lauzonflooring.com/
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#62
Posted 25 October 2017 - 07:29 AM
So this weekend is the official sales launch. Appointments are required for Saturday, but no appointment necessary come Sunday.
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#63
Posted 25 October 2017 - 10:10 AM
Here’s the blurb from the site:
The Westbay Quay location is blessed with naturally purified ocean air and residents will also be among the first to enjoy improved indoor air quality through Lauzon’s ingenious smart-floor air purifying system installed in every home.
These premium hardwood floors are just one of the Forward Living features found at Westbay Quay. - http://westbayquay.com/interiors/
Lauzon: https://lauzonflooring.com/
And only 1 km downwind from the new sewage treatment plant.
#64
Posted 26 October 2017 - 12:12 PM
Here’s he blurb from the site:
The Westbay Quay location is blessed with naturally purified ocean air and residents will also be among the first to enjoy improved indoor air quality through Lauzon’s ingenious smart-floor air purifying system installed in every home.
These premium hardwood floors are just one of the Forward Living features found at Westbay Quay. - http://westbayquay.com/interiors/
Lauzon: https://lauzonflooring.com/
Any price ranges available yet?
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#65
Posted 26 October 2017 - 12:34 PM
And only 1 km downwind from the new sewage treatment plant.
The trendy new Dowistrepla neighbourhood!
#66
Posted 26 October 2017 - 03:47 PM
Any price ranges available yet?
This was what I got in an email 2 weeks ago: https://imgur.com/a/m5Og2
Edited by magmazing, 26 October 2017 - 03:47 PM.
#67
Posted 26 October 2017 - 05:35 PM
This was what I got in an email 2 weeks ago: https://imgur.com/a/m5Og2
So basically $800 a square foot.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#68
Posted 06 November 2017 - 11:36 AM
Just like at The Wade, Tenfold Projects is introducing its unique purchase incentives for first-time homebuyers, buyers opting for a traditional deposit structure, and those who wish to combine units into a larger residence.
Here's how it works:
Build Your Deposit While We Build Your Home: first-time buyers, who may be professionals, small business owners, or simply purchasers who recognize the benefits of a live-work designation, will be able to secure one of Westbay Quay’s 17 live-work residences with no money down. Instead of a deposit, buyers will make interest-free monthly payments that will eventually total 5% of the value of their selected live-work unit. The payment period will occur right through construction and up to the occupancy period.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#69
Posted 06 November 2017 - 01:08 PM
But can you get approved for a mortgage if you don't have enough for a downpayment?
#70
Posted 06 November 2017 - 01:28 PM
So for sure, depending on your income, your lender may need you to put down more than 5% when it comes time to secure a mortgage. The nice thing is if you know you can manage the purchase when it’s tome for occupancy you can lock in a unit - today - with zero down.
I suspect we're going to start seeing additional projects offering 5% down payment options which give buyers another two years or so to figure out the remaining 5-10%. But I don’t think others would be willing to do what Tenfold does for first-time buyers being able to pay down a deposit with a monthly payment.
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#71
Posted 06 November 2017 - 01:42 PM
I read the second option as having to put 10% down, and the remaining 5% down when construction starts. So you still need the 15% overall.
You get 10% interest on that 15%, but I assume that is not annual, but 10% overall, which is meh, if this takes more than 2 years to complete.
The first option regarding live/work may fit what you're describing, Mike, but that won't be what most buyers want to get.
#72
Posted 06 November 2017 - 01:45 PM
And yes, all other buyers will receive 10% on their 15% deposit. Not that that’s a massive amount, but it sure beats 0% offered at other projects where your money is locked away for 2+ years.
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#73
Posted 06 November 2017 - 02:41 PM
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#74
Posted 07 November 2017 - 10:56 AM
Somehow this project does not scream “first time buyer” to me. Esquimalt really needs to do something to attract some developers to do big, family friendly, affordable “aqua on Langford lake” style development. They are missing out on so much growth
Well, its just like everywhere else in the CRD that isnt Langford. 'Too big, too dense, too close to schools, too this, too that'. If only things were as easy across the CRD as they seem to be in Langford.
#75
Posted 21 December 2017 - 08:32 AM
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#76
Posted 21 December 2017 - 03:51 PM
I wonder how the navy feels about the idea of new neighbours breathing down their necks.
#77
Posted 21 December 2017 - 03:53 PM
I wonder how the navy feels about the idea of new neighbours breathing down their necks.
Probably pretty happy to have some nice new housing right next to the base.
#78
Posted 17 May 2018 - 09:13 PM
How long before DND sells off its underutilized land holdings in the CRD (and particularly near West Bay) like they did in Ottawa?
http://ottawacitizen...e-within-a-city
#79
Posted 18 May 2018 - 05:42 AM
How long before DND sells off its underutilized land holdings in the CRD (and particularly near West Bay) like they did in Ottawa?
http://ottawacitizen...e-within-a-city
Soon I hope. That land has so much potential. Close to downtown, lots of great views, and big enough for an entire royal bay or Westhills type development
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