....I think renting a unit out in this area will be a piece of cake.
But according to the letter writer in today's T-C, all these condos are destroying the rental market.
![]() | BUILT 595 Pandora Uses: condo, commercial Address: 595 Pandora Avenue Municipality: Victoria Region: Downtown Victoria Storeys: 5 Condo units: (studio/bachelor, 1BR, 2BR, penthouse) Sales status: sold out / resales only |
Posted 09 November 2016 - 04:16 PM
....I think renting a unit out in this area will be a piece of cake.
But according to the letter writer in today's T-C, all these condos are destroying the rental market.
Posted 09 November 2016 - 08:33 PM
I wonder if the launch of Wade and 989 Johnson will take some of the buyers out of the marketplace for 595?
361-units between them.
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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 10 November 2016 - 04:32 PM
Posted 10 November 2016 - 09:01 PM
Posted 17 November 2016 - 09:17 AM
I was speaking with a realtor yesterday about 595 and he said the project has created a feeding frenzy. My sense is buyers are already lined up for most, if not all, of the units below the penthouse levels.
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Posted 17 November 2016 - 05:19 PM
I was speaking with a realtor yesterday about 595 and he said the project has created a feeding frenzy. My sense is buyers are already lined up for most, if not all, of the units below the penthouse levels.
Posted 18 November 2016 - 09:51 AM
As of yesterday most of the units were spoken for, with deposits in place and offers written up on Saturday. There were a handful of ground floor units still available, 103, 105 and penthouses as well.
I've been in the building 3 times now and every time I like it more and more. Low rise with concrete & steel construction, high ceilings, wide hallways and two elevators for 53 units is a huge plus. Things you wouldn't see in new construction.
I am really excited for that area and hopefully it breathes new life into Market Square as well.
Posted 18 November 2016 - 07:48 PM
And here I was interested in possibly buying a unit because it's practically across the street from where I work. *sigh* So much for that idea.
Posted 19 November 2016 - 04:54 PM
Posted 20 November 2016 - 04:42 PM
Just completed the purchase of what I believe to be the best "bang or the buck" unit in the Abacus, 312. We feel like we won the lottery.
This thread was extremely helpful in our decision to buy, especially the posts by Marco as we intend to rent the condo from april thru october every year.
I expect a decline in price but not value thanks to Trump but dont care (too much) as its s lifestyle decision.
My son who lives in Vic says I will have to mellow out to fit in. We'll see.
Congrats, glad my comments were useful. Amazing orientation on #312; you'll have so much sun you'll need to wear sunglasses I pumped up my clients for #211/#311 but those went super quick.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 20 November 2016 - 06:21 PM
Just completed the purchase of what I believe to be the best "bang or the buck" unit in the Abacus, 312. We feel like we won the lottery.
This thread was extremely helpful in our decision to buy, especially the posts by Marco as we intend to rent the condo from april thru october every year.
I expect a decline in price but not value thanks to Trump but dont care (too much) as its s lifestyle decision.
My son who lives in Vic says I will have to mellow out to fit in. We'll see.
Congrats! I sold two units on the west side as well. I think that side of the building is fantastic and will only improve once renovations finish in Market Square.
Posted 20 November 2016 - 06:26 PM
Just completed the purchase of what I believe to be the best "bang or the buck" unit in the Abacus, 312. We feel like we won the lottery.
This thread was extremely helpful in our decision to buy, especially the posts by Marco as we intend to rent the condo from april thru october every year.
I expect a decline in price but not value thanks to Trump but dont care (too much) as its s lifestyle decision.
My son who lives in Vic says I will have to mellow out to fit in. We'll see.
Congrats to you! And all other buyers.
And thank you Marko for being one of only a very small handful of real estate professionals to come here and drop your comments.
Posted 21 November 2016 - 03:12 PM
It's official, nearly 90% of units sold at the Saturday sales event. Next up Cielo will be marketing their City Collection of luxury homes on the building's top floors.
Red-hot condo market: buyers snatch up nearly 90% of units at Chinatown condo dev
http://victoria.citi...town-condo-dev/
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 21 November 2016 - 03:48 PM
What are the remaining penthouses selling for?
Posted 21 November 2016 - 04:55 PM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 22 November 2016 - 05:48 AM
Posted 22 November 2016 - 06:52 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 26 November 2016 - 01:18 PM
Posted 26 November 2016 - 01:29 PM
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