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The 881 at Uptown
Uses: condo, rental
Address: 881 Short Street
Municipality: Saanich
Region: Urban core
Storeys: 6
Condo units: 51 (1BR, 2BR, 1BR + den)
Sales status: sold out / resales only
The 881 is a six-storey condominium and rental project along the 800-block of Short Street in the District of ... (view full profile)
Learn more about the 881 at Uptown on Citified.ca
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[Saanich] The 881 at Uptown | Six-storeys | Condos | Built - completed in 2020


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50 replies to this topic

#21 Kungsberg

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Posted 06 May 2018 - 08:10 PM

On the agenda for Monday’s Saanich council meeting, is ratification of the Development Permit Amendment.

The covenants and the Housing Agreement (to maintain 10 units as rental units for a minimum 10 yrs) are now registered.

http://saanich.ca.gr...95&meta_id=6637



#22 MarkoJ

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Posted 18 July 2018 - 04:23 PM

This is now 60% sold.


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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2020 | Fair Realty

www.MarkoJuras.com Full Service MLS® - 2.75% | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

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#23 Mike K.

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Posted 19 July 2018 - 08:15 AM

It must surely be over 60% sold-out by now, no? It was at 60% some time back, I believe.


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#24 MarkoJ

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Posted 19 October 2018 - 04:03 PM

October 19th

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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2020 | Fair Realty

www.MarkoJuras.com Full Service MLS® - 2.75% | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#25 Nparker

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Posted 19 October 2018 - 04:44 PM

Perhaps the title of this thread should be updated to "Under Construction"?



#26 MarkoJ

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Posted 25 February 2019 - 07:50 AM

February 24th, 2019

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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2020 | Fair Realty

www.MarkoJuras.com Full Service MLS® - 2.75% | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#27 Mike K.

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Posted 26 August 2019 - 01:03 PM

The feds will be making an announcement regarding this project's eligibility for the newly launched federal shared equity program for first-time purchasers.

 

It doesn't appear to be project-specific, just promotion of the federal program.

 

Honourable Jonathan Wilkinson, Minister of Fisheries, Oceans and the Canadian Coast Guard, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), will be there. So the actual minister responsible for CMHC won't be there.


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#28 Citified.ca

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Posted 27 August 2019 - 10:37 AM

August 27.

 

This project is now over 90% sold-out.

 

The-881-at-Uptown-August-27-2019a.jpg


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#29 MarkoJ

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Posted 20 February 2020 - 09:42 PM

They've started doing deficiency walk-throughs. I was there yesterday with clients, cool rooftop.

 

20200219_140536_resized_1.jpg


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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2020 | Fair Realty

www.MarkoJuras.com Full Service MLS® - 2.75% | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#30 Mixed365

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Posted 21 February 2020 - 07:57 AM

Wow. Very cool they did that! 

Hopefully they dont have water/leak issues. 


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#31 Mike K.

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Posted 21 February 2020 - 08:33 AM

Exactly the same thing is going to be done at The Wade, but far more planters. Each resident will have the choice of an herb or flower garden in their plot.

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#32 Mixed365

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Posted 21 February 2020 - 01:17 PM

Exactly the same thing is going to be done at The Wade, but far more planters. Each resident will have the choice of an herb or flower garden in their plot.

 

Yup. We know you're a fan of the Wade... 


“To understand cities, we have to deal outright with combinations or mixtures of uses, not separate uses, as the essential phenomena.”
- Jane Jacobs 


#33 Matt R.

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Posted 21 February 2020 - 11:25 PM

Watched this one a bit, as it checked some of our boxes but not all, and I was surprised to see them raise the price of the last one. Haven’t seen that before, maybe it’s more common than I think.

Matt.

#34 Mike K.

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Posted 22 February 2020 - 09:28 AM

You always pay more for completed product.

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#35 Mike K.

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Posted 22 February 2020 - 09:34 AM

Yup. We know you're a fan of the Wade...


What’s there not to be a fan of? The hate-on for The Wade never made much sense.

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#36 Matt R.

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Posted 22 February 2020 - 12:04 PM

You always pay more for completed product.


The price went up well after it was completed. I’m not talking presale compared to finished product. It went up because it was the last one, which actually makes sense but not something I’d seen before. Will the last unit at the wade jump $20k after all the rest are done and sold? Maybe!

Matt.

#37 Mike K.

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Posted 22 February 2020 - 02:23 PM

881 just went through its deficiencies so it’s just at the cusp of completion. Prices rise for completed product, typically.

Wade is sold-out.

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#38 MarkoJ

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Posted 22 February 2020 - 04:43 PM

Mr. Chard told me once if you are sold out on completion you've left money on the table; therefore, as a developer you want to increase your prices as you are building the project if inventory starts running low. That is exactly what they did at 881 Short. One of my clients was the second person to purchase at 881 and it was a lot less than what last unit sold for. 

 

Also, first time I've ever seen this in my career but they are letting buyers pick their parking spots based on when they purchased so my client was able to pick the second parking spot (wider spot, close to elevator, etc.). 


Edited by MarkoJ, 22 February 2020 - 04:45 PM.

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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2020 | Fair Realty

www.MarkoJuras.com Full Service MLS® - 2.75% | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#39 Matt R.

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Posted 22 February 2020 - 08:48 PM

881 just went through its deficiencies so it’s just at the cusp of completion. Prices rise for completed product, typically.
Wade is sold-out.


So you’re saying it’s standard for the last unit go up in list price pre completion? Good to know. It was listed then I saw the price change, up 20k, then it sold.

Matt.

#40 Mike K.

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Posted 23 February 2020 - 04:06 AM

Supply and demand. If you’re nearly sold out at completion, there’s demand for your product. The remaining inventory will be in demand and some people prefer to pay more but see/feel exactly what they’re getting and not have to budget several years for completion.

Yates on Yates is running ads now promoting the last opportunity for pre-completion pricing.
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