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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

[Saanich] Ferrell | Condos | 4-storeys

Started by Citified.ca , Jun 22 2022 10:33 AM

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12 replies to this topic

#1 Citified.ca

Administrator
2,121 posts

LocationVictoria, BC

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.

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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

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#2 Nparker

Member
34,734 posts

Posted 22 June 2022 - 10:46 AM

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

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#3 Citified.ca

Administrator
2,121 posts

LocationVictoria, BC

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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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

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#4 Citified.ca

Administrator
2,121 posts

LocationVictoria, BC

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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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

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#5 Nparker

Member
34,734 posts

Posted 08 September 2022 - 09:15 AM

I want the Will suite.

Matt R. likes this

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#6 Redd42

Member
1,502 posts

Posted 08 September 2022 - 09:23 AM

376 sq ft!

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#7 LJ

Member
11,649 posts

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.

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#8 Mike K.

Administrator
73,484 posts

Posted 08 September 2022 - 09:35 PM

Usually 15%, but it can vary.

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Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.

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#9 LJ

Member
11,649 posts

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.

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

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#10 Matt R.

Member
5,249 posts

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.

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#11 Mike K.

Administrator
73,484 posts

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.