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UNDER CONSTRUCTION
Encore
Uses: condo, townhome
Address: Sitkum Road at Saghalie Road
Municipality: Victoria
Region: Urban core
Storeys: 17
Condo units: 134 (studio/bachelor, 1BR, 2BR, 3BR, penthouse)
Sales status: sold out / resales only
Encore at Bayview Place is a 17-storey, 134 unit condo in the Saghalie District of Bayview Place, a multi-phas... (view full profile)
Learn more about Encore on Citified.ca
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[Vic West] Encore at Bayview Place | Condos | 17-storeys; 56 meters | Under construction


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1065 replies to this topic

#1061 MarkoJ

MarkoJ
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Posted 19 January 2019 - 05:21 PM

5 units already up for rent on UsedVic alone in the terrace building + podium.

 

Totally reasonable prices for the 2 bed units. $2,800/month for a 1,140 sq/ft two bed which is likely market value close to 800k. Once the landlord pays $400+ strata fees plus $300+ taxes it is a great deal for the tenant. 


Edited by MarkoJ, 19 January 2019 - 05:27 PM.

Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2018 | Fair Realty

www.MarkoJuras.com - MLS® from $899 and $1,000 cash back for buyers | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#1062 Mike K.

Mike K.
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Posted 19 January 2019 - 06:31 PM

Yup. An $800k unit even with 20% down will yield a monthly mortgage of ~$3.5k including property tax at today’s five-year rates. Then you gotta tack on strata and insurance so the carrying cost is what, $4,100?

Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#1063 MarkoJ

MarkoJ
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  • LocationVictoria

Posted Yesterday, 12:59 PM

Just received completion notice on a 4th floor tower unit for Feb 22nd.

Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2018 | Fair Realty

www.MarkoJuras.com - MLS® from $899 and $1,000 cash back for buyers | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#1064 tjv

tjv
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  • 2,140 posts

Posted Yesterday, 01:44 PM

5 units already up for rent on UsedVic alone in the terrace building + podium.

 

Totally reasonable prices for the 2 bed units. $2,800/month for a 1,140 sq/ft two bed which is likely market value close to 800k. Once the landlord pays $400+ strata fees plus $300+ taxes it is a great deal for the tenant. 

I didn't find 5 places, but I could have been using the wrong search criteria.  The one I found was 2895/month for a 2 bedroom 2 bath no sq ft listed, furnished unit but no view.  Seem a bit of a stretch for price, but hey that's just me maybe.

 

Who ever is moving in there better have a good paying job, and good luck finding that in this town.



#1065 MarkoJ

MarkoJ
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  • 4,528 posts
  • LocationVictoria

Posted Yesterday, 09:51 PM

I didn't find 5 places, but I could have been using the wrong search criteria.  The one I found was 2895/month for a 2 bedroom 2 bath no sq ft listed, furnished unit but no view.  Seem a bit of a stretch for price, but hey that's just me maybe.

 

Who ever is moving in there better have a good paying job, and good luck finding that in this town.

 

Fully furnished does have an advantage over non-furnished.

 

For all the units search Encore on usedvic.


Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2018 | Fair Realty

www.MarkoJuras.com - MLS® from $899 and $1,000 cash back for buyers | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#1066 MarkoJ

MarkoJ
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  • 4,528 posts
  • LocationVictoria

Posted Yesterday, 09:52 PM

Pool at night

 

20190121_211041.jpg


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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2018 | Fair Realty

www.MarkoJuras.com - MLS® from $899 and $1,000 cash back for buyers | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


 



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