373 replies to this topic

[Nparker]

Congratulations on moving into your new home.

[Ryan Cook]

The pictures I posted above are from a unit that is now listed as of yesterday in case anyone is curious. 

 

https://www.remax.ca...0051-976805-lst

[grey313]

Here's a few photos of the new courtyard area and one of Nest:

 

Attached Images

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[Ryan Cook]

@grey313 great photos. The project turned out really well. Chard did a good job incorporating Nest, Haven and the Medical Buildings into one community. I asked about who would be leasing the commercial but that hasn't been disclosed yet to the public. 

[grey313]

For Nest I've heard that move-ins start at the end of September and there will be an optometrist and a pizza place on the first level. Not sure what else. But yeah it turned out really nice, and I like the matching color scheme. Not too flashy but it looks nice and clean.

[sebberry]

The pictures I posted above are from a unit that is now listed as of yesterday in case anyone is curious. 

 

https://www.remax.ca...0051-976805-lst

 

Six and a quarter for that?

[Matt R.]

Must be some higher end finishing but it looks pretty normal. Think I’d prefer the two bed two bath at the mod for the same price on an upper floor.

[Barrister]

How many sq. ft?, did not see that in the listing

[Ryan Cook]

530 sf

[Ryan Cook]

Also for what it’s worth 2023 brand new in the downtown area are selling between 585-600k of similar size.

[Barrister]

Thank you, my wife just pointed out that the whole unit is smaller than our dining room. A friend of mine who is a senior banker is strongly suggesting that condos are a particular bad investment at the moment.

[scotto203]

Thank you, my wife just pointed out that the whole unit is smaller than our dining room. A friend of mine who is a senior banker is strongly suggesting that condos are a particular bad investment at the moment.

Does your wife point that out on every condo thread you read? I swear I keep reading this same comment over and over, and I'm not sure I understand the point of it. Not everyone has had the luxury of being born early enough to buy a house that's now worth over a million with a 1,000 sqft dining room. The average person probably couldn't care less about whether the condo they just bought is a "good investment", they're just thankful to have bought a home with what is probably a larger down payment than what you bought your whole house for. That's the reality most of us are living in.

[Barrister]

Not sure who you are reading but I have been off this site for a long time. My point is that condos seem to be getting smaller over the last decade, If your point is that we have managed housing badly over the last few decades and that young people are badly done by, then I absolutely agree. 

 

Over the years I have bought  real estate as an investment, most presale condos are bought by investors so it is rather relevant as to how good an investment they are. .

 

I also agree that your reality absolutely sucks. On the other hand our kids who are in the US are doing just fine.

[Mike K.]

The remaining five units at Nest have a $30k discount on 2BRs, and $15k on 1BRs. Five units remain.

https://nestbychard.com/

[sebberry]

The remaining five units at Nest have a $30k discount on 2BRs, and $15k on 1BRs. Five units remain.

https://nestbychard.com/

 

That's 30k off the starting price of $799,900?

[Mike K.]

Yes that’s correct. So starting at $770k right now, for a 2BD. There are either 2 or 3 in that size, I don’t recall.

$~441k starting for 1BDs.

[Ryan Cook]

 

Here are the current active listings on MLS. Many of these be inclusive of GST which the developer will not be waiving. However, the discounts being offered by the developer may offset this. 

 

I've spent a lot of time in the Nest / Haven development since it opened in late September to purchasers. I've been in all the 1 bed and 2 bed plans. Very well built, good amenities and great central location with good upside for both end users and investors with all the new development happening across the street over the next few years. 

 

If you have any questions about any listings or the building in general, please feel free to reach out anytime. 

 

Ryan Cook

REALTOR® | RE/MAX Camosun

info@ryancookrealestate.ca

250-886-9398

VictoriaRealtor.ca

[Citified.ca]

Newest downtown Victoria condo tower completes with 107 homes at Yates and Cook

https://victoria.cit...yates-and-cook/

 

Between the two buildings, only a handful of units remain for sale, each with distinct attributes and layouts that will appeal to a wide range of homebuyers, and at price points that span from down payment-assisted entry-level homes at Haven, to stately one and two-bedroom condominiums at Nest.

 

To sweeten the deal on Nest’s for-sale units, Chard Development has a time-limited $30,000 discount promotion on two-bedroom layouts now available from $769,900 (plus GST), and a $15,000 discount promotion on one-bedroom layouts, priced from $440,900 (plus GST) until the end of 2024. To learn more about Nest’s offer, view the details here.

 

[grey313]

Cool, I didn't know that the development across from Nest is being done by Chard too. From the preview image it looks like it will match the white & blue color scheme as well as some of the design elements: https://victoria.cit...0-yates-street/

 

Should be a nice area once all the development is done. Does anybody know what's going in on the corner diagonally across Yates/Cook from Nest? Directly across Yates from the current construction.

[Mike K.]

Here you go: https://victoria.cit...illage-tower-5/

Is that the site you’re referring to?