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The Janion development includes the full heritage restoration of the historic Janion Hotel, built in 1891, and a new-build seven storey concrete extension fronting onto the Upper Harbour.
Developer Reliance Properties introduced Victoria's first purpose-built micro-loft development at The Janion and reached a near sell-out on the first day of pre-sales.
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Commercial spaces front onto Pandora Avenue and Store Street.
This is the next-lowest:
$304,000
211 409 Swift St
Welcome to the Mermaid Wharf, a well maintained steel and concrete building located in a vibrant area. The freshly painted studio offers an efficient, bright and airy space with an inviting 9 ft ceiling creating the perfect setting for a quaint home. Step into the full kitchen featuring stainless steel appliances including a new fridge, ideal for culinary enthusiasts.
361 sq. ft.
https://www.realtor.ca/real-estate/27574376/211-409-swift-st-victoria-downtown
53 days on market.
But it’s also a 25-year-old building. Read those minutes and reports thoroughly!
Reduce the price of the Janion unit by $100K and cut the strata fee in half and I'd definitely be interested.
Aastra, somehow that price drop may not be coming soon. I expect to see a large raise in strata fees moving forward just judging by insurance increases.
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Once an unfortunate example of urban decay, the restored Janion Hotel is now viewed as a driver of Chinatown's renewal.