Who even thinks this is remotely possible?
The same people who think the 800 block of Johnson and 900 block of Pandora are the sign of successfully helping the homeless?
Posted 13 May 2018 - 12:55 PM
Who even thinks this is remotely possible?
The same people who think the 800 block of Johnson and 900 block of Pandora are the sign of successfully helping the homeless?
Victoria current weather by neighbourhood: Victoria school-based weather station network
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Posted 13 May 2018 - 01:21 PM
Edited by VicHockeyFan, 13 May 2018 - 01:23 PM.
Posted 13 May 2018 - 01:26 PM
No thanks, getting out of my office parking lot is already a pain in the afternoons
Why must this be in the CRD?
Victoria current weather by neighbourhood: Victoria school-based weather station network
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Posted 13 May 2018 - 01:27 PM
Edited by VicHockeyFan, 13 May 2018 - 01:28 PM.
Posted 13 May 2018 - 01:46 PM
Posted 13 May 2018 - 02:02 PM
Who even thinks this is remotely possible?
No me. This money is like 20 to 25% of the money needed, rest will be mortgaged.. so it is a start but I'd like to see where they will find the land, labour and welcoming neighbourhood.
Posted 13 May 2018 - 02:58 PM
Posted 13 May 2018 - 03:03 PM
Not even worth what they are asking....Buy an old rental apartment building and you will pay over @200k per suite today anywhere in the core.
Here is a 39 unit apartment building in Esquimalt for sale
Edited by sdwright.vic, 13 May 2018 - 03:03 PM.
Posted 13 May 2018 - 03:12 PM
Why must this be in the CRD?
Because CRD taxpayers are forking out 1/3 of the money.
Posted 13 May 2018 - 03:18 PM
Posted 13 May 2018 - 03:21 PM
I can put your 2010 new units right at McKenzue and Quadra. All I’ve them, easily. Right on a couple fantastic bus routes. I buy the Jawl building or a portion of the property, Telus property and the Saanich works yard. Bang! I build 10 buildings and we are we are done.
Same scale.
Edited by VicHockeyFan, 13 May 2018 - 03:25 PM.
Posted 13 May 2018 - 03:24 PM
No thanks, getting out of my office parking lot is already a pain in the afternoons
The 2,500 people living here, well, first of all, at least 600 do not have cars. And the other 1,900 are drop in the bucket traffic wise, compared to what Quadra and McKenzie take each day.
Posted 13 May 2018 - 03:36 PM
....I'd like to see where they will find the land, labour and welcoming neighbourhood.
These are the parts I find the most fantastical.
Posted 13 May 2018 - 03:51 PM
Posted 13 May 2018 - 07:22 PM
All of the buildings will include a mix of housing, including the market ones. There will be $375/month rentals within market buildings. That’s the current plan, anyway. The unit interiors will be virtually identical across the board.
And that is where the conflict will occur. Why would I want to pay $1500 a month when I can get a unit paid for by the taxpayer for free. The below market rentals should be a big step down in components, size, and finishing, and the welfare ones should be a marked step down from that. If the welfare guy sees what he can get if he goes out and works a little that might be some incentive for him to do just that. Same for the below market rate guy, if he sees he can get a much nicer, bigger apartment if he ups his skills or work a little overtime he just might do that.
Posted 13 May 2018 - 07:28 PM
Posted 13 May 2018 - 07:29 PM
But you agree that is the way it should work?
Posted 13 May 2018 - 07:32 PM
Posted 13 May 2018 - 08:46 PM
Not even worth what they are asking....
Total Value
Assessed as of July 1st, 2017 $3,799,000
Land/ Buildings
$1,278,000/ $2,521,000
Previous Year Value
Land/ Buildings
$3,285,000/ $1,181,000
$2,104,000
then you show me where you can get apartment buildings for say 100k per suite. I gave you 2 examples of asking prices over 200k per suite
And you must know BC Assessment means absolutely nothing. Go and make an offer on a house anywhere in town and refer to the assessed value and see where it gets you. I'll warn you now, be prepared for a lot of laughter
Posted 13 May 2018 - 09:01 PM
recent sales of apartment buildings in Victoria
Address Total price per door date
2925 Qu’Appelle Street Victoria $6,050,000 $183,333 Nov 2017
1555 Jubilee Avenue Victoria $5,250,000 $250,000 Oct 2017
1510 Clive Drive Victoria $9,185,000 $540,294 Aug 2017 (this is a new luxury building)
2181 Haultain Street Victoria $8,450,000 $216,667 Aug 2017
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