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The residential rental market


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#1101 Casual Kev

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Posted 16 June 2020 - 08:01 PM

This makes no sense. I choose the single person over the couples. The current tenant in the suite I help rent is a single guy.

 

Dunno, that was what I figured when I seemed to get turned down or ignored for anything barely over 600 sqft.



#1102 spanky123

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Posted 17 June 2020 - 07:43 AM

Dunno, that was what I figured when I seemed to get turned down or ignored for anything barely over 600 sqft.

 

A landlord might see DINKs as a better financial risk (ie one loses a job and the other can still pay).



#1103 MarkoJ

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Posted 22 June 2020 - 07:18 PM

Starting to see downward pressure on rental rates...


https://victoria.cra...7145883846.html

Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2019 | Fair Realty

www.MarkoJuras.com - MLS® from $899 and $1,000 cash back for buyers | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#1104 Mike K.

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Posted 22 June 2020 - 08:16 PM

Holy smokes. What were the rents before?

My unit on the 16th floor, 550-600 square feet was $1,470 in 2016. I was paying about $1,600 when I left in early 2018, but I see a 10th floor listed in that link at the same size in Hudson Mews (different building than mine, but I think rates were similar, maybe a tad lower) for $1,515.

Parking was in addition at $150, as was storage at $35. So my total rent was $1,655 in 2016. Total rent for that 10th floor unit would be $1,700 all-in.

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#1105 Casual Kev

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Posted 26 June 2020 - 03:58 PM

Starting to see downward pressure on rental rates...


https://victoria.cra...7145883846.html


Pretty big asterisks on some Hudson District units. The cheapest floor plans at the Mews have a front seat to the Hudson Place Two construction site. They do have some decent prices elsewhere though.

I had a looking for rental ad up and I was offered a 1+den at the Aria for 1600 if I didn't take the parking... Would have done the deal if I hadn't already found something else.
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#1106 Citified.ca

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Posted 29 July 2020 - 10:15 AM

Of the three regions on the south Island, one is under-building by a significant margin.
 
14,000-units of rental housing earmarked for Greater Victoria as developers build out of housing crunch

https://victoria.cit...housing-crunch/


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