163 replies to this topic

[SimonH]

I'm sure BC Housing will be interested.

[A Girl is No one]

I'm sure BC Housing will be interested.

Only at a premium... the BC Housing premium... but then again it’s not in the CoV so maybe they will just pass...

[Matt R.]

Share sale, eh? Hmm.

Matt.

[Victoria Watcher]

Share sale, eh? Hmm.

Matt.

 

can you expand on that matt?  or marko?

 

i realize a share sale often gets around the transfer tax can it can be fraught with issues if an existing unknown liability exists like a human rights or employer issue comes up.

 

but is there an advantage for the seller to just sell the shares? tax advantage maybe?

Edited by Victoria Watcher, 04 September 2020 - 02:36 AM.

[spanky123]

can you expand on that matt?  or marko?

 

i realize a share sale often gets around the transfer tax can it can be fraught with issues if an existing unknown liability exists like a human rights or employer issue comes up.

 

but is there an advantage for the seller to just sell the shares? tax advantage maybe?

 

Probably tax losses that can be recouped. May also be an offshore buyer that wants to obfuscate ownership positions.

Edited by spanky123, 04 September 2020 - 07:16 AM.

[Victoria Watcher]

Maybe the provincial government is going to buy it to house junkies!

 

has almost happened.

 

 

Embassy Inn building razed for garden, possible future development

 

 

https://www.timescol...ment-1.24287390

 

 

how come swimming pools always have a deep "end"?  why not a deep side?  the long side could be deep all along.  there might be a lot less songs with good lyrics if they got rid of "the deep end".

 

Edited by Victoria Watcher, 26 February 2021 - 05:40 PM.

[Rob Randall]

I'm gonna kind of miss seeing that swimming pool. It's crazy that there was a big pool directly across the street from the Legislature. How many people would have known that? It was one of those old things that made Victoria quirky and interesting, like the lawn bowling green or the full-size basketball court in the St. Andrews church.

[Victoria Watcher]

A child has suffered life-threatening injuries after an incident at a hotel swimming pool in Victoria.

 

 

 

Victoria police said they were called Wednesday evening to a Douglas Street hotel, identified by CHEK News as Hotel Zed.

 

https://www.timescol...pool-1.24298909

Edited by Victoria Watcher, 25 March 2021 - 07:11 AM.

[Victoria Watcher]

another very strange commercial listing description.

 

 

$3,389,000

 

The subject property is located on the east side of Cherry Tree Bend near the intersection of Haliburton Road and Patricia Bay Highway. The subject property is in the Cordova Bay neighbourhood of the District of Saanich and is well-situated nearby Beaver Lake/Elk Lake, Royal Oak Shopping Centre, Broadmead Village, Commonwealth Recreational Centre and more. The general intent of the area is to ensure a vibrant mixed-use community as a place of activity and strong pedestrian orientation through the establishment of higher residential densities.

 

 

 

https://www.realtor....ich-cordova-bay

 

a lot of useless photos too.

 

i'll add one that's better than all the rest in that listing:

 

https://www.google.c...!4d-123.3826915

 

 

 

 

Edited by Victoria Watcher, 05 May 2021 - 06:07 PM.

[Nparker]

Since "the general intent of the area is to ensure a vibrant mixed-use community" I wonder if BC Housing will pick up this property for $10 million or so? Of course it's outside of the CoV and no other municipality in the CRD has affordable housing issues, so probably not.

[Mike K.]

I never knew that place existed. Neat.

[Victoria Watcher]

https://www.realtor....ctoria-downtown

 

$4,499,000

 

 

Beaconsfield Inn, luxury heritage B&B! Renowned Samuel Maclure design and Edwardian Tudor Revival architecture. 4 levels of living offer 10 guest suites with 11 fully updated private bathrooms & 10 classic fireplaces. Stunning decor accents the beautiful original design. Stained glass windows, 11' beamed ceilings, signature Maclure staircase. Main level boasts paneled library, spacious dining room with built-in hutch. Fully renovated spacious kitchen with butler's pantry. Office in lower level with conference facility. Fully renovated inside and out. Over $500,000 in capital improvements spent over the last 5 years including new roof, all new bathrooms, upscale kitchen, landscaping, all new furniture and bedding, new carpets, new gas boiler and hot water. Upgraded landscaping. 10 onsite parking and plenty of storage spaces. Ideally Victoria's downtown location with walking distance to inner harbor and all amenities. Truly one of a kind! 

 

 

some of the rooms look quite nice.  some a bit odd.  in any event it's quite unique.  $500k per room though.  that's got to be a pretty long-term horizon for payback.

 

 

$3,699,000

 

Beaconsfield Inn, luxury heritage B&B! Renowned Samuel Maclure design and Edwardian Tudor Revival architecture. 4 levels of living offer 10 guest suites with 11 fully updated private bathrooms & 9 classic fireplaces. Stunning decor accents the beautiful original design. Stained glass windows, 11' beamed ceilings, signature Maclure staircase. Main level boasts paneled library, spacious dining room with built-in hutch. Fully upgraded spacious kitchen with butler's pantry. Office in lower level with conference facility. Extensively renovated inside and out. Over $500,000 in capital improvements spent over the last 5 years including new roof, all new bathrooms, upscale kitchen, landscaping, all new furniture and bedding, new carpets, new gas boiler and hot water. Upgraded landscaping.

 

https://www.realtor....ctoria-downtown

[Barrrister]

The price will probably keep dropping considering the state of things downtown.

[Nparker]

And no tourists.

[A Girl is No one]

Sad

[Barrrister]

At 2,5 mil someone might consider reverting it back to a home.

[Nparker]

Not if the province steps in and offers $10 million for it.

[Barrrister]

You are dreaming, we all know that the province would ante up at least twenty mil.

[Victoria Watcher]

Trip to Sooke featured as prize on popular U.S. game show

Price is Right contestant wins a six-night stay at Prestige Oceanfront Resort

 

https://www.vicnews....-u-s-game-show/

[Rob Randall]

First prize: Prestige Oceanfront

Second prize: Doubletree by Hilton

Third prize: Comfort Inn by Portland Hotel Society