Can I just buy the parking spot?
Sorry, no!
Posted 13 January 2025 - 02:10 PM
Can I just buy the parking spot?
Sorry, no!
Posted 13 January 2025 - 02:13 PM
Sorry, no!
Your chance to start a bidding war has passed.
Posted 13 January 2025 - 02:27 PM
On our way home I stopped by the Richardson development, there is on street parking available but not a lot of empty spots even midday, may get busy after work hours.
The project looks nice and tidy. How many units sold in the last few months as opposed to presales? But it looks like a good product.
Cheers
Thanks Barrister, I'm biased but think the architect did a great job! Fall was a bit slower than hoped for all new build projects but we've sold 3 units since finishing. We are also just reviewing an offer for a unit we received today so signs look positive for the spring market!
Posted 13 January 2025 - 02:28 PM
Darn.Sorry, no!
Posted 13 January 2025 - 02:42 PM
So does this mean that new units without parking are a better investment than ones with? We have some units available with out parking at a $30K discount to those with parking, please don't start a stampede!
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 13 January 2025 - 02:46 PM
Posted 13 January 2025 - 04:29 PM
Mike, your last post left me confused, are you saying that with units of the same size the one for parking will sell for less? If both units are a thousand square feet why would I pay less for the one that comes with parking?
Posted 13 January 2025 - 05:43 PM
Posted 13 January 2025 - 06:43 PM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 13 January 2025 - 07:13 PM
Posted 13 January 2025 - 07:16 PM
Edited by Victoria Watcher, 13 January 2025 - 07:16 PM.
Posted 13 January 2025 - 07:34 PM
I have not seen any monthly charges, but the parking stalls are usually (always?) common property, with the stall allocated to the owner of a specific unit. That allocation can change though, so this year you may have stall 55 and next year you'll be relocated to stall 45.
The strata will then have restrictions on how the stall can be used and some stratas even limit how much you can charge to rent the stall.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 13 January 2025 - 07:39 PM
I think there are two ways to do that. "Limited common property" would have your spot tied to your strata unit. Common property, like spots at the Metropolitan have a fee.
Posted 13 January 2025 - 08:00 PM
I have a gym in one of my garages and a wood shop in another, the cars are in the others. Guess I could be renting them out instead. Rather a bother though.
Posted 13 January 2025 - 08:50 PM
A lot of people will simply be turned off when they discover parking is $30,000 or $50,000 when the vast majority of new or used homes “include” parking. That may or may not be “correct” thinking but so be it.
Posted 13 January 2025 - 09:20 PM
I think there are two ways to do that. "Limited common property" would have your spot tied to your strata unit. Common property, like spots at the Metropolitan have a fee.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 14 January 2025 - 11:01 AM
Our parking spots are linked to strata units. The only limit on renting parking spaces assigned to a unit in my strata is that the renter must be a resident.
Strata fees are not related to the number of parking spaces assigned to a unit but are based on unit size.
Posted 31 January 2025 - 03:12 AM
Eby said we'd get $500,000 townhomes. That's gonna be a bit tough when the land cost is $425,000 per door in Esquimalt.
$3,400,000
Development opportunity! Located in the heart of Esquimalt across the street from The Archie Browning Sports Centre, 1140 & 1148 Esquimalt Road represent an exciting opportunity for redevelopment in the growing Esquimalt Town Centre neighbourhood! These properties offer a rare combination of immediately rentable suites in an area with high demand while being located in an area where the Official Community Plan proposes Medium Density Residential Development. The new Small-Scale Mulit-Family Housing guidelines allows for 4 dwelling on each property. The properties are south facing with mountain views visible from the top suites and are surrounded by amenities and recreational opportunities. This is a chance to build a lasting legacy, all that is needed is to bring your ideas and offers to the table! Seller to consider offers on February 20 2025
https://www.realtor....imalt-esquimalt
Edited by Victoria Watcher, 31 January 2025 - 03:15 AM.
Posted 31 January 2025 - 07:04 AM
Ebby just lies and he knows it. It is just theater.
0 members, 1 guests, 0 anonymous users