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UNDER CONSTRUCTION
The Wade
Uses: condo, commercial
Address: 1105 Pandora Avenue; 1110-1120 Johnson Street
Municipality: Victoria
Region: Downtown Victoria
Storeys: 5
Condo units: 102 (studio/bachelor, 1BR, 2BR, 3BR, penthouse, 2BR + den, junior 1BR, junior 2BR)
Sales status: sold out / resales only
The Wade is a two-building, 102-unit mixed-use condominium and ground floor commercial development spanning th... (view full profile)
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The Wade | Condos; commercial | 5 and 4-storeys | Under construction


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#641 Mike K.

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Posted 12 June 2019 - 01:33 PM

Nope, no news yet.


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#642 MarkoJ

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Posted 13 June 2019 - 04:02 PM

I see some discussion around assignments, I bought a jr 1-bdrm when the sales started but since then have moved into a bigger place from where I was previously and no longer want to move into a small unit.

Does anyone thing it would be possible to assign a small unit like that in this building? If so do you need a real estate agent to do this?

The purchase price is $270k on the top floor so I was hoping ~$300 might be doable? Never done an assignment before.

Sorry if this is off-topic.

 

How big your unit in terms of sq/ft?


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 

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#643 Citified.ca

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Posted 21 June 2019 - 07:59 AM

This morning crews are filling in the sidewalk area with soil.

 

All photos are June 21.

 

The-Wade-June-21-2019a.jpg

 

The-Wade-June-21-2019b.jpg

 

The-Wade-June-21-2019c.jpg

 

The-Wade-June-21-2019d.jpg


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#644 Nparker

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Posted 21 June 2019 - 08:23 AM

The Wade would have made an even cooler urban transformation if it had gone maybe 2 floors higher.



#645 CitoyenduMonde

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Posted 21 June 2019 - 09:49 PM

It is official, the completion date has been postponed once again. The third amendment to the disclosure statement, filed on June 11 2019, says that the first date that a development unit within the Development may be legally occupied will be between October 31, 2019 and January 31, 2020.


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#646 zoomer

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Posted 21 June 2019 - 10:27 PM

Yah.. no. Summer 2020 at the earliest.
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#647 Casual Kev

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Posted 21 June 2019 - 11:08 PM

Some Vaporwade going on here.



#648 Mike K.

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Posted 22 June 2019 - 01:58 PM

It is official, the completion date has been postponed once again. The third amendment to the disclosure statement, filed on June 11 2019, says that the first date that a development unit within the Development may be legally occupied will be between October 31, 2019 and January 31, 2020.

Yeah, that makes more sense.

I wonder if they’ll stagger the occupancy between the old and new portions?

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#649 Holmes

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Posted 23 June 2019 - 10:31 PM

Yup spring 2020 would we an achievement at this point. I’m thinking summer like Kevin.

Glad mike is now convinced.

I don’t think they will stagger, can make for a lot of problems from what I’ve seen. They will just keep pushing occupancy date.

At this point I’ve seen 30 story condos built in van and complete before this will be. They might set a record with this one lol

#650 Mike K.

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Posted 24 June 2019 - 05:10 AM

Construction of the new structure and remediation of the old structure started in the first week of June, 2018.

 

30-storey buildings are built in 12 months in Vancouver?


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#651 Victoria Watcher

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Posted 24 June 2019 - 05:53 AM

I don’t know holmes. what’s the hurry. I don’t think many buyers are currently homeless due to the delays.

#652 Banksy

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Posted 24 June 2019 - 07:35 AM

I have another presale which feels like it has been taking forever to complete but it is what it is. No need to be a princess about it everyones in the same boat at every project.


Edited by Banksy, 24 June 2019 - 07:35 AM.


#653 MarkoJ

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Posted 24 June 2019 - 08:57 AM

The developer is likely to burn 7 figures in interest due to the delays so it is in their best interest to reach completion asap, but such are current labour shortage circumstances.


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!

 

 


#654 Banksy

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Posted 24 June 2019 - 09:14 AM

The Holmes chap gets burned by the developer who won't give him assignment rights. Vendetta time. Project is longest construction sit ein history completion is delayed 4eva bla bla bla bla lol lol lol.

 

What kind of an idiot craps all over a project then whines he can't get an assignment then craps all over a project some more. What are schools teaching nowadays how to self destruct your investments? lol x 6. I've sat here quietly for months observing the complaining and I'm calling a spade a spade.


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#655 Mike K.

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Posted 24 June 2019 - 09:39 AM

Ok, it's time for some civility here, please. Banksy, take it easy.

 

All we have on completion estimates is what the developer provides. Everything else is hearsay. We all know the construction industry in Victoria is facing labour shortages and prolonged construction timelines, and this is beyond the control of developers.


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#656 CitoyenduMonde

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Posted 24 June 2019 - 11:24 AM

Yup spring 2020 would we an achievement at this point. I’m thinking summer like Kevin.

Glad mike is now convinced.

I don’t think they will stagger, can make for a lot of problems from what I’ve seen. They will just keep pushing occupancy date.

At this point I’ve seen 30 story condos built in van and complete before this will be. They might set a record with this one lol

 

I have communicated with the developers (both David and Max) on multiple occasions and must say that they have always been very amenable and forthcoming in providing updates. I suppose it would be nice if they were proactive in supplying these updates rather than reactive, but I don't have any issues with that. Their intention with the newest update is to set the best (start of November) and worst (end of January) case scenarios for delivery. As MarkoJ states above, it is in the best interest of the developers to deliver as soon as possible and they gain no benefit by delaying construction. They have every realistic intention to have occupancy before the end of the year and have made arrangements with the trades to reflect this. Personally, as long as I get a two-month notice of when occupancy will happen, I am happy.



#657 MarkoJ

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Posted 02 July 2019 - 08:08 AM

June 30th, 2019

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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!

 

 


#658 CitoyenduMonde

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Posted 02 July 2019 - 10:13 PM

So the extension on the old building Pandora and the third floor on the north east extension still need to be poured.



#659 Hotel Mike

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Posted 03 July 2019 - 08:34 AM

I wonder how much the developer saved by making use of the old building's structure. Or would it have been cheaper if they had torn it down? Was a promise to use the old building part of what made their development approvable? Any thoughts? 


Don't be so sure.:cool:

#660 Citified.ca

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Posted 23 July 2019 - 07:04 AM

July 19

 

The-Wade-July-19-2019a.jpg

 

The-Wade-July-19-2019b.jpg

 

The-Wade-July-19-2019c.jpg

 

The-Wade-July-19-2019d.jpg


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