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Tuesday, May 22, 2007

Victoria Residential Development Projects - Rev B

Here's another go at the current, recent past, and approved future condo and townhome projects in Greater Victoria. I think I may have included one or two SFH developments - feel free to let me know and I'll remove it.

Total number of units - 5187. That's some serious inventory. My count of the number sold is 984. Don't put much stock in that number. As you can see, there are a lot of question marks throughout the table.

My thoughts - the developers are still on full throttle, straight ahead! Are they right about the future of Victoria's housing market? They are vesting a LOT of financal resources. These are smart people, they know what is happening in the US, yet they must feel that things will be different here. I don't know. Seeing the developers propose more and more, it makes me question my stance. However, when I look at the numbers, the inventory, the quantity of units sold, I think they must be crazy. Maybe they aren't. The next couple years will be very interesting. Enjoy!


Victoria Residential Development Projects
NameAddressUnitsSoldYear$/sqftWebVV
Bayview Phase IVictoria101?2008?WVV
Bayview Phase IIVictoria??2008?WVV
Bayview Phase IIIVictoria??2008?WVV
CastanaVictoria37322008?500W-
Synergy - Dockside GreenVictoria100?2008?-VV
Balance - Dockside GreenVictoria100?2009?WVV
AriaVictoria212?2007490- 525WVV
JulietVictoria95382008?WVV
Mayfair WalkVictoria30262007250- 430W-
OswegoVictoria80?2007434- 571WVV
Parkside VictoriaVictoria400?2008?WVV
Redstone TownhomesVictoria912007501- 620W-
ShuttersVictoria1851852007?WVV
The BreakwaterVictoria1952007?379- 510W-
The FallsVictoria155?2009578 -?WVV
The PalladianVictoria2952007350- 522W-
VicinoVictoria39242007?W-
The Gateway at The RailyardsVictoria62232007?383- 502W-
The ChelseaVictoria66222008?545- 850W-
The AdriaVictoria21?2006441- 481W-
The Harriet GardensVictoria24242007315- 334W-
Cherry Bank Hotel CondosVictoria51?2008?--
The Leiser BuildingVictoria????W-
Vogue LoftsVictoria2222??W-
The SoHoVictoria1582007363- 446W-
The Hudson Tower IVictoria178?2010?WVV
The Hudson Tower IIVictoria129?2012?WVV
The Hudson Tower IIIVictoria85?2013?WVV
Radius ResidentialVictoria118?2009?WVV
Oak Bay Beach HotelOak Bay??2009?W-
Admirals LandingEsquimalt4052007?348- 478W -
Swallow’s LandingEsquimalt110?2007535 - ?WVV
The Greenside at Gorge ValeEsquimalt36362007?360W-
The Ironwood at Gorge Vale Phase 4Esquimalt872007?364W-
The AnchorageEsquimalt41??380- 621W-
Carey Hill WalkSaanich38242007322- 412W-
AmaraSaanich36332007380- 400W-
Oak Street VillageSaanich3792008?290- 473W-
Richmond GateSaanich54362007?343- 490W-
The JuliaSaanich30?2007372- 420W-
Tuscany VillageSaanich91512007430- 484W-
Sayward HillSaanich34202007?384- 645W-
Laval LaneSaanich????W-
Viewmont HeightsSaanich4619?308- 466W-
Cedar LaneSaanich????W-
Centennial WalkSaanich??2008?W-
Carriage PointCentral Saanich26?2007?369W-
Holly Farm TownhomesCentral Saanich15102007??W-
4570 Elk Lake DriveCentral Saanich47???--
The PierNorth Saanich70?2007581- 618WVV
Pacific Place CondosNorth Saanich10???W-
The MeadowsNorth Saanich59???W-
Harbour LandingNorth Saanich5??575- 725W-
The AspenView Royal75?2008?340- 400W-
South Valley Estates TownhomesView Royal192?250W-
Royal Roads PlaceColwood163?2009?-VV
Wale Road TowerColwood??2009?-VV
Aquattro Tower IColwood????WVV
Aquattro Tower IIColwood????WVV
Aquattro Tower IIIColwood????WVV
Copperwood CondosColwood50202008??W-
Latoria WalkColwood??2008??W-
Madrona CreekColwood????W-
The Lookout at Royal BayColwood30???W-
Hatley RidgeColwood12??212- 262W-
Soaring PeaksLangford201?2009?WVV
CitiwalkLangford5555Completed300W-
McConnell PlaceLangford46?2007312- 357W-
ReflectionsLangford114552008366- 442WVV
The ConductorLangford??2008?WVV
The HighlanderLangford203?2008?WVV
The StrathmoreLangford45182008263- 348W-
The Deville Phase IIILangford882007200- 299W-
Jacklin / Sooke Road TowerLangford??2009??-VV
WoodrunLangford85??W-
StonehavenLangford32???W-
Finlayson ReachLangford144???W-
St. Andrew’s WalkLangford135135??W-
Tara on DevilleLangford????W-
Casa Bella TownhomesLangford214?214- 251W-
The Way TownhomesLangford20??234--