251 unit condominium project proposed along Glanford Ave near Royal Oak

Mike Geric Construction on behalf of the land owner Diego Trozzo has submmited a rezoning application to the District of Saanich for 750 Enterprise Crescent & 4291 Glanford Avenue. The proposal includes plans for over 250 condominiums and commercial space across 3 buildings rising up to 10-storeys. The subject property 4291 Glanford AvenueSite size: 19,848 […]
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Section 19(8) of the Assessment Act prevents new housing supply

It is undisputed that British Columbia is in a housing crisis. Prices are at all time highs, and vacancy rates hover around 0% in urban centres. To solve our crisis, we need to focus on the supply side of the equation. Yet, BC Assessment and the Province encourage landowners to limit the supply of housing […]
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Affordable seniors project JV with BC Housing

A rezoning application for a 97 unit, four-storey affordable seniors care complex has been given unanimous and positive approval to proceed to public hearing (third reading). 3200 Linwood Avenue, Saanich The fee simple lands are owned by The Baptist Housing Society. They were purchased in 2014 from the Linwood Foundation, a registered charity, for $1,400,000. […]
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James Bay real estate slows amid pandemic

There is no clear evidence yet that market pricing is moving lower. Will sustained low sales volume lead to downward pricing pressure? Or, will critically low inventory and interest rates help sustain prices? The longer economic weakness lingers the greater chance that households are forced to list their properties; such an outcome would put downward […]
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Common law of contract review for B.C. real estate.

Can COVID19 excuse you from your obligations? Generally, no. I’ve been involved with 2 transactions lately where I’m representing the Purchaser, and the Purchaser is enquiring if they can back out of the existing deal prior to closing; citing concerns about COVID19 and the state of the world. In periods of flux, whether economic, political […]
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Condominium Tour – Harris Green, downtown Victoria

Harris Green offers active urban downtown living, with many new residential and commercial developments in the pipeline. This will be one of the highest growth neighbourhoods in victoria for both rental and strata ownership living. The neighbourhoods walk/bike score of 99 mean it’s centralized location is perfect for the modern city dweller. The new Save […]
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