10 replies to this topic

[Mike K.]

Regatta Park is a three-building development currently underway along McDonald Park Road in North Saanich.

 

The project consists of four-storey buildings with 18-units of two and three-bedroom units (including penthouses).

 

Citified profile for Regatta Park, building 1: https://victoria.cit...k-building-one/

 

 

 

 

 

 

 

 

[sdwright.vic]

Oh come on... "Penthouses" in a four story building? 🙄

[Nparker]

Oh come on... "Penthouses" in a four story building? 

When my building was constructed the 6 units on the 4^th floor were named PH-1 to PH-6. To be fair, their ceilings are 12" taller than the units in the 3 lower floors. 

[Mike K.]

15’ ceilings for the penthouse units. That’s pretty good.

[FirstTimeHomeCrier]

So I clicked on the ad out of curiousity. Is this a 55+ building, or are they just leaning hard into the target demographic of retirees?

[Jackerbie]

So I clicked on the ad out of curiousity. Is this a 55+ building, or are they just leaning hard into the target demographic of retirees?

 

Probably just very knowledgeable about who will have the money to buy a home so close to the marina and yacht clubs

[Mike K.]

It’s not a 55+ development, but it would definitely be considered boutique with only 18-units per building. North Saanich and Sidney also tend to attract more of an older demographic for condo purchases.

[Citified.ca]

Oceanside condo project in North Saanich turns heads with West Shore pricing

https://victoria.cit...-shore-pricing/

 

An oceanside residential development in North Saanich is launching its second phase of condominium sales with pricing aimed at luring West Shore buyers to the Saanich Peninsula, Citified has learned.

 

Currently under construction along McDonald Park Road near the Capital City Yacht Club is Casman Properties’ Regatta Park, a 54-suite community comprised of spacious two and three-bedroom homes among three lowrise residences.

 

“Our goal with Regatta Park is to deliver up-market living on the Peninsula with price points that will appeal to buyers searching for new-build housing in communities such as Colwood, Langford or Sooke,” Casman Properties’ Director of Operations, Margie Shenduk, says.

 

“Victoria’s Saanich Peninsula, and in particular the beautiful district of North Saanich, is a highly sought after area where pre-sale prices have traditionally remained elevated well above comparable homes on the West Shore, but we’re challenging that norm.”

 

Sized at 1,200 square feet, Regatta Park’s two-bedroom suites are priced from $495,000 while 1,350 square foot, three-bedroom and penthouse layouts are available from $629,900. [Full article]

[Citified.ca]

All three Regatta Park buildings are now under construction. Details on the project: https://victoria.cit...ark-building-2/

August 7, 2018

[MarkoJ]

Mike, what is the percentage sold? 

[Mike K.]

Building 1 = 100%
Building 2 = 40%
Building 3 has yet to start selling.