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Ferrell
Use: condo
Address: 1544 Christmas Avenue
Municipality: Saanich
Region: Urban core
Storeys: 4
Condo units: (studio/bachelor, 1BR, 2BR)
Sales status: pre-sales
Ferrell is a four-storey condominium building on Christmas Avenue at Ophir Street in the District of Saanich w... (view full profile)
Learn more about Ferrell on Citified.ca
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[Saanich] Ferrell | Condos | 4-storeys


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#1 Citified.ca

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Posted 22 June 2022 - 10:33 AM

Website: https://theferrell.ca/

Citified profile: https://victoria.cit...errell-saanich/

 

TLA Developments is nearing the pre-sales launch of Ferrell, comprised of 24 condominiums in studio, one and two-bedroom layouts.

 

Ferrell-Rendering-a.jpg

 

Ferrell-Rendering-b.jpg


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#2 Nparker

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Posted 22 June 2022 - 10:46 AM

I love how this "staggeringly tall" 4-storey building is made to look shorter.



#3 Citified.ca

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Posted 21 July 2022 - 09:30 AM

Boutique condominium project 'Ferrell' hits the market in Saanich's Shelbourne Valley

https://victoria.cit...lbourne-valley/


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#4 Citified.ca

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Posted 08 September 2022 - 09:13 AM

Sales for this project are starting this weekend.

 

Boutique Shelbourne Valley condo 'Ferrell' launching sales this weekend; homes priced from low $300,000s

https://victoria.cit...m-low-300-000s/


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#5 Nparker

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Posted 08 September 2022 - 09:15 AM

I want the Will suite.


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#6 Redd42

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Posted 08 September 2022 - 09:23 AM

376 sq ft!



#7 LJ

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Posted 08 September 2022 - 07:48 PM

Sales for this project are starting this weekend.

 

Boutique Shelbourne Valley condo 'Ferrell' launching sales this weekend; homes priced from low $300,000s

https://victoria.cit...m-low-300-000s/

What is the general amount you would put down on a not yet built project?


Life's a journey......so roll down the window and enjoy the breeze.

#8 Mike K.

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Posted 08 September 2022 - 09:35 PM

Usually 15%, but it can vary.
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#9 LJ

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Posted 09 September 2022 - 07:50 PM

One Bear Mountain took 10% down, non-refundable, with no performance guarantees. This project is going to take years to complete, with only 5 or 6 guys working on the project spasmodically.


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#10 Matt R.

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Posted 09 September 2022 - 09:43 PM

What is the general amount you would put down on a not yet built project?


Mod was 5, 10 and then 15 as milestones were met.

#11 Mike K.

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Posted 10 September 2022 - 08:21 AM

Just to clarify, there is a caveat to the term non refundable.

Deposits are always refundable in BC so long as the developer is at fault for either not completing the project, declaring bankruptcy or changing the project following the deposit being made. The funds go into escrow. If the project flops, or the developer materially changes the disclosure statement or certain parameters are not met by the developers, that triggers your right to walk away with your deposit.

This isn’t advice, please seek guidance from a professional if you’re wanting to learn more.
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#12 LJ

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Posted 10 September 2022 - 07:48 PM

It was my understanding that because real estate was so hot when it was first selling, there were no developer requirements.

 

I guess we will see.


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#13 Mike K.

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Posted 10 September 2022 - 08:54 PM

No developer requirements?

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