16 replies to this topic

[Citified.ca]

Citified profile: https://victoria.cit...-grand-and-fir/

 

Website: https://thegrandandfir.com/

 

 

 

 

 

The total commitment for a downpayment here is 5%, payable over 12 months. That's quite the thing, to have that low of a pre-sale down payment structure. Typically it's 10% up front, then another 5 to 10%.

 

View Royal's Grand & Fir condo pre-sale offering 'unheard of' 2.5% deposit structure on 1BR, 2BR and 3BR homes

https://victoria.cit...-and-3br-homes/

 

[Victoria Watcher]

That's pretty good, who knew there was a park next door.  That reaches all the way to the water.

 

Edited by Victoria Watcher, 20 July 2023 - 03:10 PM.

[Nparker]

Not just a park, but a noteworthy, portable toilet!

[Nparker]

I was even more surprised to spot this humble abode in the View Royal 'hood.

[BikeLaneLover]

I like the nod to Art Moderne with the horizontal lines of this project, but the architect really made a dog’s breakfast of the traffic and pedestrian flows. I understand the need for visitor parking, but there’s a huge amount of asphalt at the front of this building, which is not great for maintaining the soil structure.

Of greater concern, pedestrian access tot he main entrance of the building cuts across the entrance to the parkade at the top of a curved slope. This is a recipe for some hot shot zooming out of the parkade and smoking a pedestrian (possibly their neighbour). Totally unacceptable and dangerous planning.

[aastra]

 

I was even more surprised to spot this humble abode in the View Royal 'hood.

 

I gotta say, I don't think I was even aware that View Royal Ave. existed. I honestly don't know if I've ever been on any of the streets in that neighbourhood running from Admiral's Walk to the Six Mile Bridge.

[Matt R.]

It’s a big unknown. I had to pick someone up out there a couple of weeks ago, and they used Top Dog Pizza as a landmark. Not helpful.

[Mike K.]

It’s a hidden gem of a neighbourhood, it really is.

The smart money bought here years ago, when Victorians found it unacceptable to live west of Cook Street.

[Mike K.]

Of greater concern, pedestrian access tot he main entrance of the building cuts across the entrance to the parkade at the top of a curved slope. This is a recipe for some hot shot zooming out of the parkade and smoking a pedestrian (possibly their neighbour). Totally unacceptable and dangerous planning.

Is there an example of a parkade entrance that doesn’t cross a pedestrian crossing?

The design of the ramp has to be such that sight lines are maintained, and you need to wait for the gate to close behind you. It won’t be a highway through there 😎

[amor de cosmos]

I like the nod to Art Moderne with the horizontal lines of this project, but the architect really made a dog’s breakfast of the traffic and pedestrian flows. I understand the need for visitor parking, but there’s a huge amount of asphalt at the front of this building, which is not great for maintaining the soil structure.

Of greater concern, pedestrian access tot he main entrance of the building cuts across the entrance to the parkade at the top of a curved slope. This is a recipe for some hot shot zooming out of the parkade and smoking a pedestrian (possibly their neighbour). Totally unacceptable and dangerous planning.

both easy fixes if they decide to do something about them. one way to handle the first thing, for example: https://www.youtube....h?v=2wm4H65EDbE or https://www.youtube....h?v=XisI9gwQTsA

for the second i think the curves from the garage door to the road, as designed, would discourage speeding but just in case they could use paint or change the pavement of the crosswalk to make it clearer that people are meant to cross there, or raise the crosswalk so it works as a big speed bump

[aastra]

 

The smart money bought here years ago...

 

Let me guess: that's your pied-a-terre in Nparker's post #4 above?

[Mike K.]

The boathouse on the tip of the peninsula, correct.

[downtownlurker]

I was even more surprised to spot this humble abode in the View Royal 'hood.

VR estate.png

VR estate2.png

 

I am told this is the home of one of the developers behind Jukebox, Mod, The Reef, Mosiac, etc.

[Victoria Watcher]

I am told this is the home of one of the developers behind Jukebox, Mod, The Reef, Mosiac, etc.

 

 

https://www.viewroya...w Royal Ave.pdf

[Citified.ca]

Even in lower interest times, to sell nearly one suite per day would have been quite the feat, and this project is selling units at that pace in today's market.

 

Market-leading 2.5% downpayment option propels Grand & Fir condo project to 35% sold-out

https://victoria.cit...rcent-sold-out/

[Victoria Watcher]

That's pretty good.  I think it's a fine location.

[Mike K.]

If you can look beyond today's interest rates, and if you believe rates will be lower by 2026, this is a decent opportunity.

 

The population continues to grow, and housing starts are slowing.