10 replies to this topic

[Mike K.]

 

 

Two million square foot mixed-use development planned near Langford Costco
http://victoria.citi...angford-costco/

Blasting and tree falling are well underway along the Trans Canada Highway south of the Langford Costco in preparation for a two million square foot mixed-use commercial and residential development.

 

The concept for the site includes between 30 and 35 three storey townhomes along the northern edge of the property south of Cavalcade Terrace. The remainder will consist of an array of single use or mixed-use low-rise and mid-rise residential and commercial buildings between Secretariat Way and McCallum Road. [Full article]

 

 

[Citified.ca]

An artist's rendering of Triple Crown Residence II, and 70-unit, six-storey condominium project now underway along McCallum Road near Langford's Costco. Situated on a hillside overlooking Victoria's Westshore suburbs, the project is geared towards first-time and investor buyers with price points for two-bedroom suites starting below $400,000.

 

Affordable Langford condos launch second phase of Triple Crown dev near Costco

https://victoria.cit...ct-near-costco/

 

With price points focused on first-time buyers and investors in search of rental holdings, the second phase of affordable condominiums at Langford’s Triple Crown development near Costco is the latest entrant to the south Island's pre-sale market.

 

Comprised of 70 two-bedroom suites perched atop a south facing rise overlooking Victoria's Westshore suburbs, Triple Crown’s new release features plus-sized modern homes complemented with unobstructed views of the Salish Sea and the region’s natural surrounds.

 

Dubbed Triple Crown Residence II, the six-storey project follows in the footsteps of Triple Crown Residence I, a sold-out one, two and three-bedroom 46-unit complex that launched the multi-phased development in 2017 and recently received its occupancy permit.

 

Triple Crown’s sales coordinator Todd Mahovlich says his team’s decision to deliver the second phase of attainable condominiums as an exclusively two-bedroom release was in response to a market-wide pre-sale inventory that has fallen short of the needs of many first-time purchasers. Ready to make the transition from renting to homeownership, would-be purchasers who’ve outgrown smaller apartments inevitably discover that the pre-sale market’s solution to entry level homes is often too limiting and can be overly focused on single occupants. [Full article]

[grantpalin]

Interesting looking project. Some building details from the project website:

• • 70 Units of 2 bedrooms and 2 bathrooms.
  • 6 floors with 14 units per floor (2-6).
  • The southeast “Olympic Side” provide spectacular views of the mountains.
  • The northwest “Malahat side” overlooks the rolling Sooke hills.
  • Premium six-piece appliance package
  • Long-lasting trouble-free vinyl windows.
  • Gas hot water on demand in each unit.
  • Air Conditioning.
  • Efficient, ductless heat pump.
  • Gas stove and fireplace.
  • Open Concept Floor Plan with 9 ft ceilings.
  • 50% of the units will have two parking spots, the other 50% will have one.
  • Secure storage.

   

   

Also an interesting offer being made on the front page:

 

SPECIAL OFFER: TRIPLE CROWN PRIORITY PRICING.

Save $10,000 on the list price of a new condo, or receive a second parking stall (valued at $20,000) for FREE! This is a limited time offer and may be retracted at any time, so contact us today!

 

 

Edited by grantpalin, 23 February 2019 - 02:36 PM.

[Mike K.]

At roughly $500/sq ft it’s a great opportunity for a two-bedroom condominium. You’ll be looking at $600-$650 for most starter projects offering relatively attainable 2BR’s.

[Casual Kev]

They have 900 sqft units for $450K in the top floor, and not many condos are being built with A/C. Not shabby at all. If I were looking to settle down, walking distance to Costco would be my kinda thing.

[Mike K.]

If I were in the market for a two-bedroom condo I'd probably pick-up unit 501, southeast corner, or 602, northeast corner. 

 

501 is 913 square feet, $419,900 with the discount. 602 is 795 square feet at the same price (601 is sold, otherwise that would be my top pick with southeast exposure, top floor).

[Mike K.]

This project is 15% sold-out now.

[Citified.ca]

April 22

 

[Citified.ca]

The announcement of two schools in the immediate area of the McCallum Road corridor is feeling demand for housing in north Langford.

 

A side-by-side comparison of Triple Crown Residence II's current construction status and an artist's rendering of the completed project. The 70-suite, all two-bedroom development underway along the McCallum Road corridor near Langford's Costco (and two upcoming school sites) is slated for completion by late 2020.

 

Future north Langford schools boost demand for value-focused Triple Crown condos near Costco

https://victoria.cit...os-near-costco/

[Citified.ca]

July 19

 

[Citified.ca]

A rendering of Triple Crown's Residence III and Residence IV (at-left), the latest and final phase of condominiums at the Langford development near Costco. Residences III and IV will deliver over 120 condominiums to the West Shore's red-hot real-estate market, with a market-leading 5% deposit option and pricing from $374,900.

 

Triple Crown condo dev near Costco launches 123 suites in final phase with 5% deposits, pricing from $375k

https://victoria.cit...cing-from-375k/