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BUILT
The Row
Uses: condo, rental
Address: 1154 Johnson Street
Municipality: Victoria
Region: Urban core
Storeys: 6
Condo units: 38 (studio/bachelor, 1BR, 2BR, penthouse)
Sales status: in planning
The Row is a six-storey condominium and rental project on Johnson Street at Chambers Street in the City of Vic... (view full profile)
Learn more about the Row on Citified.ca
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[Fernwood] The Row | condos, rentals | 6-storeys | Built - completed in 2020


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142 replies to this topic

#141 Victoria Watcher

Victoria Watcher

    Old White Man On A Canadian Island

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Posted 24 May 2021 - 10:26 AM

is there a strong resale market for multi family residential buildings with no prospects for an occupancy permit?
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#142 marks_28

marks_28
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  • 362 posts

Posted 24 May 2021 - 10:31 AM

Perhaps it could have been sold at a discount? Buyer paying less but has to go through the trouble of remedying the problem?

#143 Kapten Kapsell

Kapten Kapsell
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Posted 25 May 2021 - 08:12 AM

I suspect that the ultimate owner of the building will be able to get an occupancy permit pending some inspections; it's not in the city's interest for the building to set vacant indefinitely, especially as it's a rental building and demand for space will only tighten post-COVID.



 



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