![]() | BUILT The Row Use: rental Address: 1152 Johnson Street Municipality: Victoria Region: Urban core Storeys: 6 |
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[Fernwood] The Row | condos, rentals | 6-storeys | Built - completed in 2020
#141
Posted 24 May 2021 - 10:26 AM
- Matt R. likes this
#142
Posted 24 May 2021 - 10:31 AM
#143
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.
#144
Posted 23 August 2021 - 02:09 PM
As far as I can tell this entire building remains vacant, months now after completion. Anyone hear any rumours about what is going on here?
#145
Posted 23 August 2021 - 02:41 PM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#146
Posted 23 August 2021 - 02:57 PM
I was checking it out the other day. It is indeed a very peculiar situation.
it's too bad nobody on here has connections in the building and commercial real estate industry to find out what is going on.
#147
Posted 23 August 2021 - 03:18 PM
#148
Posted 23 August 2021 - 03:26 PM
Word on the street is that the whole building is being sold
that is what we suspect but why is it taking so long?
it sold last year.
SOLD 1154 JOHNSON STREET $20,500,000 $427,083 PER SUITE 48 UNITS IMAGE SOURCE: KANG & GILL
https://multifamilyb...eport-Email.pdf
Edited by Victoria Watcher, 23 August 2021 - 03:30 PM.
#149
Posted 23 August 2021 - 03:38 PM
it's too bad nobody on here has connections in the building and commercial real estate industry to find out what is going on.
People aren’t talking, so there’s only so much you can do.
I’ll keep asking, though.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#150
Posted 30 August 2021 - 07:44 AM
https://victoria.cit...hit-the-market/
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
#151
Posted 30 August 2021 - 08:00 AM
2018:
James Bay tenants say landlord has found rent-increase loophole
In B.C., parking and storage fees aren’t legally considered rent. But, the apartment building’s management company says these fee increases aren’t a roundabout rent hike.
“The fee increase for the parking areas has been in the works long before there was discussion about changes about the rental rate,” said Jaime Tiampo, director of Itziar Management.
“If you take a look, we haven’t changed [parking] rates on those buildings for 15 to 20 years.”
Many of the residents here live on fixed incomes, and they say the changes are unaffordable.
“It means less food! Everything that happens means less food, less prescriptions!” said Jeannie Good.
But the landlord says, as it is, he can’t afford the cost of doing business.
https://www.cheknews...oophole-498934/
Edited by Victoria Watcher, 30 August 2021 - 08:01 AM.
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