1225 replies to this topic

[Victoria Watcher]

e-mail today:

 

COOK ST COMPLETION

200 Cook Street, Victoria, B.C.

 

Thank you for your interest in 200 Cook Street, located in the heart of Cook Street Village.

 

We want you to be the first to know that our project is nearing completion. As you are probably aware this high quality Cook Street condo project is no longer available for purchase. However, we are pleased to announce that the entire building is available for rent and we are anticipating October occupancy. Rentals applications are available now!

 

We wish to give you an early opportunity to express interest in a rental for yourself, friends or family. If you are interested in renting a unit at 200 Cook Street, please reply to this email and we will be in touch with more information.

 

 

Thank you,

 

Urban Core Ventures

[Nparker]

I'd forgotten that this was another condo/not-a-condo project.

[shoeflack]

Today:

[Mike K.]

Oh that looks great! This will bring so much positivity to that stretch.

Next up is Aragon.

[MarkoJ]

Have they started advertising the rentals?

[Sparky]

They have by email to the people that signed up to purchase...way back when you could sign up if you were interested in purchasing.

Now you sign up if you are interested in renting. No prices.

[Victoria Watcher]

Now you sign up if you are interested in renting. No prices.

 

 

With funding from the federal Rental Construction Financing Initiative (RCFi) The Cook Street Village Project at 200 Cook St. would now consist of 47 rental units, of which 21 would be affordable units and five fully accessible units. The 21 units would be priced at 30 per cent below the median household income of the area, while the remaining units would be offered at 10 per cent below market value.

 

 

 

Since the project has taken shape many people have expressed interest in the units, especially if it comes at an affordable rate, but many have also received a shock at the prices.

 

Chris Stiebel and his partner were just two of the people to feel this way when they received communications back from Urban Core Ventures about rental options. The quote they received was for the 10 per cent below prices.

 

A 388 sq. ft. studio would start at $1,600, while a 1243 sq. ft. three-bedroom unit would start at $3,850.

 

 

https://www.vicnews....ia-development/

Edited by Victoria Watcher, 03 October 2019 - 11:01 AM.

[Rob Randall]

I think the people that calculate the percentage off market rate are the same people that calculate the 70% rate at the Oriental carpet store.

[Mike K.]

So, Babak?

[Rob Randall]

For you, my friend, special deal: $3,850. Way below market value, special offer just for you. You can shop around, I tell you this is best price in town, my friend.

[Victoria Watcher]

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$3795 3br at the frank - https://victoria.cra...6979390714.html

 

1936! 3br tweedsmuir $3600 - https://victoria.cra...6980987662.html

 

v1488 - Currently we have bachelor, 1, 2 and 3 bedroom units available. starting at $1550 up to $2600 - https://victoria.cra...6980723189.html

Edited by Victoria Watcher, 03 October 2019 - 11:30 AM.

[Torrontes]

"Cash, no VISA or I kill you."

 

Remember the cab driver on Royal Canadian Air Farce?

[LJ]

For you, my friend, special deal: $3,850. Way below market value, special offer just for you. You can shop around, I tell you this is best price in town, my friend.

Hey, I was just in one of those shops today in the Medina in Fez. Carpet was 6500 euro, had him down to 2100 before I had to go.

[Rob Randall]

Starting the haggling process implies a desire to purchase. No fair driving him down that much just to leave him with blue balls.

TC and Black Press reporters: this is what we call here an off-topic post.

[aastra]

 

"Affordable" a matter of perception for downtown Victoria development

 

In this case the "downtown" part would also be a matter of perception, since we're talking about a building in Cook Street village.

[Mike K.]

Well, when you're writing from the mainland everything south of Duncan is downtown.

[LJ]

Starting the haggling process implies a desire to purchase. No fair driving him down that much just to leave him with blue balls.

TC and Black Press reporters: this is what we call here an off-topic post.

But I hadn't finished the haggling process, but the tour was leaving.

I don't care about his blue balls, he had another sucker er, customer in the fold within seconds.

[Kapten Kapsell]

This is nearing completion now...

[Nparker]

...This is nearing completion now...

But the CSV has been destroyed!    (sarcasm font on)

[Kungsberg]

COOK ST COMPLETION

200 Cook Street, Victoria, B.C.

.... we are pleased to announce that the entire building is available for rent and we are anticipating October occupancy....

Thank you,

Urban Core Ventures

 

A 388 sq. ft. studio would start at $1,600, while a 1243 sq. ft. three-bedroom unit would start at $3,850.

https://www.vicnews....ia-development/

New sidewalks poured a few weeks ago, and finishing work continuing. They were taking down the wood and orange plastic netting around the boulevard trees yesterday.

 

This 'affordable'/not-so-affordable new rental building that was aiming for October occupancy doesn't seem to be occupied just yet. No window treatments or furniture spotted, at least from what I could see from ground level. Certainly the sides on Cook and Oliphant are not ready as entry points, but perhaps from the backside of the property there is a safe entry for residents, assuming their units are complete.

 

I can't remember, have there been any announcements re: the commercial tenants? I think some of those ground-floor units are live-work ones.

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