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Posts from the ‘Condo Projects’ Category

Sooke Mariner’s Village Waterfront Condo For Sale – 1 bedroom, 1 bath, 650 sqft

The View from Mariner’s Village

$349,900, MLS® 309431

Live the lifestyle you deserve at Mariner’s Village. This multi-phase waterfront community within a community is already attracting attention from all around. This beautifully-appointed one bedroom condo in the newly-completed Phase I – Navigator’s Pointe – boasts all the extras like extra-thick granite countertops, automatic window shades, and more… Read more

Mariner’s Village In Sooke To Include New Medical Centre

Mariner's Village, Sooke, Master Concept

Sooke is quickly becoming one of the province’s fastest growing communities. New neighbourhoods are under construction, new parks and trails being established, and new commercial developments are being undertaken. Perhaps the most exciting of these developments is the Mariner’s Village project. Mariner’s Village is a mixed-use, multi-phase waterfront development which will include condominiums and townhouses, a new marina, restaurants, shops, offices and more.

Much more than just a subdivision, Mariner’s Village is the first step in the re-imagining of downtown Sooke. The town’s official community plan calls for enhanced development south of Sooke Road (Hwy 14) to improve public access and sight lines of our spectacular waterfront of the Sooke Harbour and Basin.

For a few years, there has been talk about a new medical centre being built in Sooke – more comprehensive and modern than the town’s existing small clinics, scattered about the community. In the plan for Mariner’s Village is the “Sooke Professional Wellnes Centre,” a large (perhaps up to 10,000 sqft) facility complete with doctors’ offices, Vancouver Island Health Authority (VIHA) space, lab space, x-ray clinic, and other medical and wellness facilities.

A more comprehensive medical facility is essential for our town’s growth, especially considering that the nearest hospital is 25-35 minutes’ drive away in View Royal. And for the communities further west of Sooke like Shirley, Port Renfrew and Jordan River, it will be even more critical.

The project is just getting started, with its sales office for the first residential phase having just opened a couple of weeks ago. While it will take some time for this facility to be built, it will be worth the wait. If you want more information about Mariner’s Village or any other developments or neighbourhoods in Sooke, please call me at 250-885-0512, email Tim@TimAyres.ca or fill in my contact form.

Want to know why Sooke is the place to be? Contact me!

Tim Ayres – Sooke Real Estate Professional

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Sooke Harbour Resort and Marina – Recreational Ownership Opportunities

Sooke Harbour Resort and Marina

Sooke Harbour Resort and Marina - photo by Jason van der Valk

Sooke Harbour Resort and Marina is a beautiful oceanside resort development located in the heart of Sooke, British Columbia. Sooke is a small seaside community on the southwest tip of Vancouver Island, about a 45-minute drive away from Victoria.

The development was completed in 2006, and since then, 70% of the project has been sold. The developers recently engaged the team at Royal LePage Coast Capital Realty in Sooke to market the remaining units. They felt that our local representation and the strength of the MLS® would be the key to getting the rest of the project sold.

IMG_7524

The Resort is unique in Sooke in that you can own a whole unit, or choose a fractional ownership option of one quarter or one eighth share, depending on your budget and your needs. I currently hold the listing for unit 145, which is for sale at an amazing price of $399,900. I can also sell quarter shares at $125,000, or eighth shares at $64,000. Fractional ownership is whole ownership of a part of the property. It is not the same as timeshare. With timeshare, you do not own anything and are not registered on the title to the property. With fractional ownership, you are the registered owner of the property, along with the other owners. An agreement is put in place for use of the property, and there is a rotation ensuring that each owner gets his or her share of prime time in the unit.

IMG_7532All the units at Sooke Harbour Resort and Marina come fully furnished and equipped, and have an on-site management team who will take care of all maintenance, interior and exterior. You simply show up to your vacation getaway, and it is exactly as you left it before. If you wish, you can also place your townhouse in the rental pool, and earn income when you’re not using the property!

Unit 145 has stunning panoramic views of Sooke Harbour and Basin, the Strait of Juan De Fuca, and the Olympic Mountains. It has about 1140 square feet of luxury living space, two balconies, two bedrooms and two full baths. The floor plan is well thought out and functional.

Sooke Harbour, looking towards Whiffen Spit and East Sooke

Sooke Harbour, looking towards Whiffen Spit and East Sooke

Salmon and halibut fishing is outstanding in Sooke, and this year has so far been the best in recent memory. Sooke fishing charters can be arranged right from the comfort of your vacation getaway home, or launch your own boat from the ramp. Book a scenic and exciting tour with a local Sooke whale watching company, right on site. Kayak rentals are also available, to explore the placid waters of the Harbour and Basin. Be sure to check out the new photo art gallery by local photographer and graphic designer, Jason van der Valk of Discover Sooke.

This is truly a great opportunity for an easy, accessible, and affordable vacation home or investment property. This is the only such development in Sooke, which is fast becoming the place to be on southern Vancouver Island.

Please see the listing page on my website for more information and pictures. Call me any time at 250-885-0512, email Tim@TimAyres.ca or fill in my contact form to ask questions or book your personal tour.

Tim Ayres – Sooke Real Estate Professional

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Exciting New Ocean View Condo Development for Sooke!

Late last month,  I was invited to a lunch event at the fabulous Markus’ Wharfside Restaurant to learn about two new development projects that will soon be breaking ground in Sooke.

Harbour View Center is the most exciting of the two. I’d venture to say it’s probably the most important development in the last 5 years, besides perhaps Sunriver Estates. It’s been at least a decade since the last condominium complex was built in Sooke, and I believe the market is desperate for some new, quality condos in Sooke.

The building will be located at Dover Street and Sooke Road on Sooke’s southern slope, just east of the town centre. This is an area that Council has designated as the major growth centre for the town, and for good reason. The gentle slope from Sooke Road down to Sooke Harbour is ideal for building beautiful ocean and mountain view homes and commercial space.


View Harbour View Center Location in a larger map

The development will feature 32 suites, most with spectacular ocean views. The non-view suites start at a very affordable price – $189,900 for 555 sqft, and prices range up to a very reasonable $399,900 for a top-floor, 1012 sqft ocean view unit. All units will feature 10 or 11 foot ceilings, granite countertops, hardwood floors, private balconies, and the complex will have underground parking – as yet unheard of in Sooke due to lack of storm sewers.

This is the first of what I hope are many affordable, quality condominium projects that will be coming available in the next few years. If you’ve been waiting for a chance to have a brand-new condominium in Sooke to live in, rent out, or as a vacation property, this is your golden opportunity. With only 32 units available, I’m fairly certain that this will sell out, and sell out fast.

For more information on how to register to reserve your unit, please contact me at 250-885-0512, Tim@TimAyres.ca or fill in my contact form.

Tim Ayres – Sooke Real Estate Professional

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Strata Mondays #4 – Leaky Condos Part I

In my continuing series about strata property, Strata Mondays, I answer a different question about condos, townhouses and other strata property in Victoria, Sooke, and British Columbia. Make sure you subscribe via RSS or E-mail to get each new post.

Leaky Condo being repaired

Leaky Condo being repaired

Q. I’ve heard the term “Leaky Condo” from my friends and family, and that I should avoid buying one. What is a leaky condo?
A. Put simply, a leaky condo is an attached strata unit (condominium or townhouse) that suffers grossly premature building envelope failure (water ingress/leaks) that causes major damage to the exterior and sometimes interior of the building. The end result is extremely costly repairs, some of which have yet to be carried out today, 10 years after the end of the”leaky condo era.”

The leaky condo crisis emerged in the late 1980s through the 1990s in coastal British Columbia as a result of two major factors. First, the design craze of the time was Californian style architecture. Second, new rules in the building code required builders to seal up exterior walls, in an attempt to increase energy efficiency.

In Coastal B.C. it rains a lot. California-style architecture is mostly stucco buildings with flat roofs, and little or no overhang from the top of the roof over the walls. If you look at most traditional buildings in Vancouver and Victoria, you’d find pitched roofs and/or good overhangs over the top of the exterior walls.

The new building code required builders to seal up the buildings to keep air out, to increase energy efficiency. The problem is that by doing this, water can still seep in. Without adequate ventilation to dry out the moisture, the wooden exterior wall starts to rot. Balconies were often worse – water would seep in and rot the support beams creating a safety hazard.

Rotten balcony supports

Rotten balcony supports

Often, the only real solution was complete building envelope replacement. This involved tearing off the entire face of the building, replacing most of the plywood sheathing, properly weather screening it, and replacing the exterior cladding with something more suitable to the design of the building and the climate in which it stands. This is extremely expensive, and it’s not unheard of to hear of owners having to shell out $30,000-$50,000 or even more in special assessments to get it right. Some stratas were able to successfully sue the developers and recover some of the money they paid, but many were on the hook for the repairs. But most of these buildings had warranties, right? Well, many did, but unfortunately the unraveling of the leaky condo crisis caused most of the home warranty outfits to disappear into bankruptcy, further leaving owners in the lurch.

Check back next Monday for Part II, when we’ll cover what’s changed since 1999.

Tim Ayres – Sooke Real Estate Professional

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Friday Morning Link Fest – Christmas, Etc. Edition

That’s right, folks, it’s a link fest. I don’t think I’ve ever actually done one, and I’m not sure why. I read lots of stuff online and I really should share more with you.

HMCS Rudolph: The 21st annual navy lighting contest gets underway tonight at CFB Esquimalt. Protecteur, Winnipeg and Algonquin will be part of the kick-off tonight.

Skate with Santa: Just a reminder that my office is hosting the annual Sooke Santa Skate at the SEAPARC Arena this Sunday, from 2:00-3:30. It would be great to meet some of my readers.

Go Peak to Peak: One of my favourite places, Whistler-Blackcomb is opening its brand new, record-setting Peak 2 Peak Gondola this weekend. Cruising across the valley between the two world-class mountains, visitors will sail over 3 kilometres between the towers!

Radius Victoria Rises: Like a zombie, it just keeps coming back from the dead. This time, as office space until the condo market improves.

Rental Housing Scarce: Victoria, Vernon, Kelowna, and Vancouver remain some of the tightest rental markets in Canada. The CMHC doesn’t take into account basement suites or private rentals, but nonetheless demand is there enough to drive up rents about $60 this year.

The Real Thing: One of several articles I read this morning about sales of real Christmas trees being on the increase this year. Personally, I won’t allow the fake ones in the house, but obviously that isn’t an option for some people.

Grinch Warning: The BBB warns of lots of potential Grinches out there on the Intertubes ready to steal your Christmas. Be wary of scams and use common sense! My lovely wife-to-be is not a scammer, just so you know.

8 Lives Left: After taking a spin in the washing machine, a kitten named Punkin Head Lover Bum has a perfectly reasonable fear of water.

Have fun this weekend, I can’t wait to get my tree!

Tim Ayres – Sooke Real Estate Professional

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Radius Victoria isn’t Dead Yet

Radius Victoria LogoSometimes the sound of silence on a formerly buzzing construction site can be deafening. We haven’t heard anything about the stalled Radius project in uptown downtown Victoria in months, since the project was stalled due to credit woes in late 2007. But in today’s Times Colonist, John Schucht, president of Waywell Development, is quoted saying that the project is going to get back on track “one way or another.”

Since I first heard about the project, I have liked its “urban village” concept and thought it was a good fit for Victoria. I’ve blogged about it before, and that post stands as one of the most popular on the blog (7th place, to be precise), so obviously other people are excited about it too. The combination of commercial office space (including University Canada West), retail, and residential units in one city block is a good idea for reducing the need for cars in the city.

I’m glad to hear that they may be close to getting the project back together. With half the commercial space leased and half of the residential units sold, it seems that an investor would have confidence in the developer to make this project work.

Let’s hope it comes together.

Tim Ayres

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Another Large Condo Development for Langford?

Application sails through Planning and Zoning Committee this week.

An ambitious proposal by a local landowner to develop a 6.5 acre parcel consisting of three separate lots on Happy Valley Road in Langford includes plans for daycare, commercial space, and 171 units of condominium and row housing/townhouses.

Happy Valley Road Langford Condo Proposal

Development cost charges paid by the developers are to be substantial, contributing an estimated $3.6 million to city coffers. Projects and funds that would be paid for by this money are to include traffic lights at Happy Valley and Sooke Roads, crosswalks to Happy Valley School, traffic studies, fire protection, drainage improvements, city park fund, ALR acquisition fund, and the archaeological assessment fund.

The owners see the project breaking down as follows: 94 fee simple brownstone-style row/townhouses, 74 units in two four-storey condominiums, two residential units above 112 square metres of commercial space, and one single-family dwelling on a separate lot.

Nine units will have to be provided as affordable housing to satisfy Langford’s affordable housing policy. Also included on the proposal are various open spaces, including a children’s play play park, community garden, pocket park, rooftop gardens, and a plaza with a fountain. The plan also calls for open space to front Happy Valley Road.

What an exciting plan for Langford! The project still needs to go to public hearing and receive council approval, but there were no naysayers at the committee meeting this week.

Tim Ayres- Victoria and Sooke BC Real Estate Expert

Sunriver Estates Releases Townhouse Development

The Pointe is Sunriver’s first phase of townhouses

Sooke’s Sunriver Estates, the popular 382-acre planned community just west of Victoria, BC, has just released its first multi-family townhouse development. Called The Pointe, it will be a clustering of 32 units in 8 strata buildings in the tranquil, forested  setting of a 7-acre peninsula surrounded by De Mamiel Creek.

The age 55-plus project features floor plans ranging from 1493 to 1750 sqft in a choice of either ground level or upper floor. The homes will be set amongst lush landscaping and irrigation systems, and like most strata developments, the monthly strata fee (at $139-$160) will cover the maintenance of the grounds and common property. This gives residents a truly maintenance-free living experience.

All of the units will be built by Sunriver’s builder, Citta Construction, and the construction will be certified Built Green™ which I wrote about in an earlier post.­­

Prices range from $399,000 to $419,000, including net GST. Additional upgrade packages are available, and Sunriver Estates is including a $4000(approx.) stainless steel appliance package to the first four homeowners at The Pointe.

Contact me at 642-6361 or use the contact page for more information.

Tim Ayres

Radius Victoria – A True Urban Village

Radius Victoria Presentation Centre Opens 

Urban Village offers many amenities for condo owners, business in downtown Victoria, BC.

Radius

Over the past 5-8 years, many new construction projects have been built in the Victoria area. Still more are now under construction or have been planned. One project that has captured my interest more than others is the Radius project in Downtown (OK, well slightly uptown) Victoria.

Planned as an Urban Village, its Developer touts the project as a true mixed-used development, with commercial and office space, recreation facilities, and of course, new condominiums. The idea is that it creates a whole neighbourhood – everything a person could need – within the city block upon which it’s built. You can live, work, and play all within walking distance.

Obviously, a selling feature of this project is the green-ness of it, reducing carbon emissions and so on. When you think about it, this is more than marketing hype or exploiting the current “green wave” in construction and, well, basically every other consumer product out there. An urban village is a great idea. It will create a sustainable, complete community. Imagine being able to walk out of the residential tower, grab a coffee at the shop in “Caledonia Mews,” a 15,000 sqft retail shopping plaza planned for the development, and then off to work in the office tower in the same block. Add to that the environmentally-friendly building materials and systems, and you’ve got something pretty special.

The trend these days in mixed use and residential developments is amenities – all those nice extras like gyms, spas, and recreation rooms for residents to use. I must admit, some of the ideas are a bit out-there! The commercials and ads in the paper talk of a rooftop labyrinth, an orchard, and rooftop gardens. The gardens are a neat idea -one of the things city-dwellers miss out on is the ability to grow your own vegetables and herbs. But the labyrinth?

The University of Canada West will have a campus in the development, offering undergraduate and graduate degrees in arts, science, business, and manangement.

And finally, the 14-storey office tower, with 185,000 square feet of class A office space is a much-needed addition to the Victoria business community. Many firms would love to expand or relocate to the area, bringing with them the kind of jobs that are going to attract (and keep) people in the community. The problem is there is nowhere to put them. Office vacancies are virtually zero in this city, and developers are only now starting to catch up. It’s no surprise that the office space is 45% leased already. A major tenant is the BC Land Title and Survey Authority which has agreed to lease a 40,000 sqft space to replace its cramped and not-as-accessible digs on Burdett.

I hope this project is a smashing success, and that more developers will build similar projects all over our region. The condos are priced from $250,000 – not a luxury price tag like so many other projects in the city. This is a shining example of the future of developments, and we are lucky to have the future started right here in Victoria.

Tim Ayres – Royal LePage Coast Capital Realty