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Victoria rental housing market and related issues discussion


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#1941 Victoria Watcher

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Posted 20 September 2024 - 04:18 AM

Lots of green space for tenants to enjoy.

 

$3,750,000

 

https://www.realtor....imalt-esquimalt

 

 

I guess tenants might enjot looking at it, but it's not like they use the space.

 

I've said the same about front lawns on many apartments, waste of space.


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#1942 Jhon Steve

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Posted 02 October 2024 - 03:12 AM

Wasn't sure where else to put this. I couldn't find a rental housing thread.


Edit: I suppose it should have been posted in "affordable housing". Sorry 'bout that.

How can the city encourage more affordable rental units by offering developers bonus density while ensuring public benefits and development viability?



#1943 Victoria Watcher

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Posted 12 December 2024 - 11:50 AM

$2,350,000

 

1385 Rockland Ave

Victoria, British Columbia V8S1V7
 
An extraordinary opportunity to own a landmark property in the heart of Rockland, Victoria’s prestigious enclave of historic estates. Built in 1911 in the British Arts & Crafts style and converted to six suites in the 1940s, this property generates nearly $150,000 in annual gross revenue. Recently renovated suites feature modern updates, including a 400-amp electrical upgrade, while preserving the home’s Tudor and Georgian Revival charm with soaring ceilings, detailed woodwork, and stunning stained glass windows. Situated atop Rockland on a 10,800sq ft lot, the home boasts a dramatic entry foyer and timeless features throughout. With three garage bays, ample parking, and a prime location adjacent to Government House, 1385 Rockland offers a rare investment opportunity as a stable, cash-flowing asset in one of Victoria’s most sought-after neighborhoods. 
 

 

 

 

 

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Edited by Victoria Watcher, 12 December 2024 - 11:51 AM.


#1944 Barrister

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Posted 12 December 2024 - 02:32 PM

Great, we are now down to a 70 cent dollar. Lets hope it is just temporary and that we dont keep sliding.



#1945 Daveyboy

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Posted 12 December 2024 - 03:24 PM

I can see a 61cent Canadian dollar in the not too distant future.....  When the deficits, immigrant issues, tariffs and full recession all come home to roost we are in big trouble.  I really hope not but the decisions made by Trudeau and his clique have messed up our future in a shocking manner.


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#1946 Victoria Watcher

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Posted 17 December 2024 - 04:55 PM

Victoria surpasses Toronto as second most expensive rental market: CMHC

 

https://cheknews.ca/...t-cmhc-1229607/



#1947 LJ

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Posted 19 December 2024 - 08:08 PM

Victoria surpasses Toronto as second most expensive rental market: CMHC

 

https://cheknews.ca/...t-cmhc-1229607/

 

Apparently according to my source that is because there is so much rent controlled housing in Toronto that nobody will move out of. Market rents are much higher there,


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Life's a journey......so roll down the window and enjoy the breeze.

 



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