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
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