BUILT Hudson Place One Uses: condo, commercial Address: 777 Herald Street Municipality: Victoria Region: Downtown Victoria Storeys: 25 Condo units: (studio/bachelor, 1BR, 2BR, sub-penthouse, penthouse) Sales status: sold out / resales only |
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[Downtown Victoria] Hudson Place One | Condos; commercial | 25-storeys | Built - Completed in 2020
#1621
Posted 19 October 2020 - 12:49 PM
- Matt R. likes this
#1622
Posted 19 October 2020 - 12:58 PM
...with views of the beautiful Songhees Mountains and dishwashers in some suites.
Come on. Nobody would disagree that Gary Hoyer and laconic and other Songhees suite owners have nice dishwashers, but beautiful dishwashers? That seems a bit over the top. If their dishwashers are beautiful then what superlatives would we reserve for Mike K.'s custom-made $85,000 European dishwasher? (and yes, Mike K. does have European dishes... he wouldn't eat off anything less)
Anyway, I wonder how Gary and laconic and others feel about the tenants of 1204 Yates having views of their dishwashers? If it makes them uncomfortable I suppose they could cover the dishwasher with a sheet or something. Maybe that's why the dishwashers are visible in some suites only.
- zoomer, Nparker and Victoria Watcher like this
#1623
Posted 19 October 2020 - 01:24 PM
does my french maid count as a european dishwasher?
- zoomer likes this
#1624
Posted 19 October 2020 - 01:58 PM
"close to downtown and many parks including Stadacona Park, Pioneer Square and Royal Athletic Park.
Ok then.. and while RAP is called a park, normally you need to pay to enter, but I suppose if the shower isn't working in your unit..
- Mike K. and Victoria Watcher like this
#1625
Posted 19 October 2020 - 02:34 PM
The NPNA, DRA, and other neighbourhood associations might want to take note. If 1204 Yates is indeed close to Pioneer Square and Stadacona Park even though it's a few blocks away from either of them, then does that mean the lack of a park or green space on every frickin' block isn't such a deficiency after all?
#1626
Posted 19 October 2020 - 02:55 PM
#1627
Posted 19 October 2020 - 03:14 PM
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#1628
Posted 30 October 2020 - 04:34 PM
#1629
Posted 30 October 2020 - 04:35 PM
^Super zoominable*, too.
*technical jargon
- zoomer likes this
#1630
Posted 30 October 2020 - 06:19 PM
Great pics, thanks for taking those Aastra. Is Hudson One the best 25 storey building in Canada? In the top 25 at least? Probably in the running for the best 25 storey building in a former Bay parkade.
- Nparker, Mattjvd and Victoria Watcher like this
#1631
Posted 18 March 2021 - 10:00 AM
March is off to a fantastic start at Hudson Place One with 10 homes sold! We are now down to our final four 1-bedroom homes and three Junior 1-bedroom homes.
OUR 1-BEDROOM DISPLAY IS CLOSING
Our 1-bedroom display home will be closed as of March 28th. Now is the time to book your appointment to see our A3 plan in person and experience elevated living in Downtown Victoria.
FREE PARKING WITH REMAINING JUNIOR 1-BEDROOM HOMES
For a limited time only, enjoy a free parking stall when you purchase our Junior 1-bedroom - a $45,000 value.
This past year has really shown us how important a comfortable home is, and living at Hudson Place One could not make life any easier. With 11,000 sf of hotel-inspired amenities, you can feel confident that everything you need is right here at home. Find the perfect balance of activity and tranquility - social lounges, chef’s kitchen, games room, outdoor courtyard with fire pits, fitness & yoga studio, business centre, and more.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#1632
Posted 18 March 2021 - 10:23 AM
FREE PARKING WITH REMAINING JUNIOR 1-BEDROOM HOMES
For a limited time only, enjoy a free parking stall when you purchase our Junior 1-bedroom - a $45,000 value.
How much do you pay for that 455 sq-ft home?
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#1633
Posted 18 March 2021 - 10:37 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#1634
Posted 18 March 2021 - 11:55 AM
Victoria current weather by neighbourhood: Victoria school-based weather station network
Victoria webcams: Big Wave Dave Webcams
#1635
Posted 18 March 2021 - 11:55 AM
For a limited time only, enjoy a free parking stall when you purchase our Junior 1-bedroom - a $45,000 value.
How much do you pay for that 455 sq-ft home?
That's funny, $45k is exactly half what I paid for my 360 sq. ft. place.
#1636
Posted 18 March 2021 - 11:59 AM
It's getting silly when 'homes' are now smaller than 4 parking spaces while being 15 times the median income.
- Rob Randall likes this
Victoria current weather by neighbourhood: Victoria school-based weather station network
Victoria webcams: Big Wave Dave Webcams
#1637
Posted 18 March 2021 - 12:12 PM
It's getting silly when 'homes' are now smaller than 4 parking spaces while being 15 times the median income.
That's an interesting point. Strata property as four parking spaces cost $180,000, while as an apartment it's $550,000.
#1638
Posted 18 March 2021 - 12:14 PM
seriously though. the parking spot is a lot more expensive to build than the suite. on a square foot basis.
but there is a psychological barrier preventing it from being sold for more.
Edited by Victoria Watcher, 18 March 2021 - 12:15 PM.
- Matt R. likes this
#1639
Posted 18 March 2021 - 04:24 PM
Downtown homes will always lean on the small side as they'll house young and/or childless households. But I think the impact of tourism, secondary residents and international education on square footage price is understated. You need little space to make a tidy sum off that demographic, which squeezes the existing residential stock very hard. You'll be hard pressed to find a room in a home for less than $600, and you should expect $800-900 per room even for older homes. You can also clear $2K+ off a bachelor-sized unit per month with short-term rentals, or even as a premium month-to-month depending on furnishings/location. So the final price will in part not reflect what locals can afford - it will be a function of how much money can be made off visitors.
Then you also consider that real estate in Victoria has hardly experienced downturns in the past two decades, and the hindsight lesson right now is that even if you're losing cash every month, you will inevitably make huge equity gains if you hold long enough. And mortgages provide leverage the average person can't get anywhere else. So home-as-an-investment is also factored into the price. In the 90's you could've been paying double-digits in interest on a mortgage. But for the past 10+ years the masses have been able to hold a highly leveraged asset at low interest rates and seen huge gains from it.
Edited by Casual Kev, 18 March 2021 - 04:25 PM.
#1640
Posted 18 March 2021 - 04:44 PM
The vacation rental market does not impact the price of a rental apartment in an adjacent building, and average studios will not rent for $2k-plus. AirBnB is also regulated, so you can’t operate one in new housing stock within the CoV. Equity is also unattainable for any sort of leverage unless you can afford to carry the debt in addition to your mortgage and other expenses. Or you pursue private lending against the equity, which is expensive. Either way it is not always a path to low-rate lending unless you’re a high income earner with sufficient cash flow/earnings to service the debt.
It’s not quite as easy as you may want to believe it is, as homeownership bears many costs in addition to the mortgage, insurance, strata and property taxes, and is not a quick get-rich scheme like some people may want you to think.
- Matt R. likes this
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