Developer's release: final six condominiums now for sale ahead of The Wade's completion
MIKE KOZAKOWSKI, CITIFIED.CA
Published November 16, 2020
Updated 5:21PM, November 16, 2020
Tenfold Projects is set to unveil six held-back residences at its sold-out 102-suite The Wade condominium nearing completion on Cook Street at Pandora Avenue.
The homes are part of a ‘developer’s release’ of inventory retained by the developer when the all-concrete project saw a surge in sales prior to its construction start in 2018.
With completion of the north wing of the project – situated within a refurbished 1950s-era office complex known as the Medical Arts Building – just weeks away and the new-build south wing in quick pursuit, the final sales phase presents homebuyers with a move-in ready purchasing opportunity in one of downtown Victoria’s best-selling condominium buildings.
“During our pre-sales campaign we retained a collection of studio, two-bedroom and three-bedroom layouts for sale as move-in ready condominiums,” says developer Max Tomaszewski, a partner at Tenfold Projects.
Available residences include a duo of studios sized between 340 and 360 square feet, two 850 square foot two-bedroom layouts, and two spacious 1,100 square foot penthouse-style floorplans that can be utilized as three-bedroom or two-bedroom plus-den flats. Three of the remaining homes include on-site parking within a secure underground parking garage.
Prices will start at under $319,000.
Building on the storied past of one of Victoria’s most recognized examples of modernist architecture, the inspiration behind The Wade was a development mantra Tenfold Projects partners Max Tomaszewski and David Price say made an impact on the local housing industry and resonated strongly with buyers.
“Our forward-living development concept places human wellness at the forefront of what we do,” Tomaszewski told Citified upon The Wade’s sales program completion in 2018.
“We often forget in our society that our homes should enhance our health and when we launched sales with this concept the market responded. David and I are committed to pushing the boundaries of new home construction as it relates to health and wellness, sustainability and technology, and The Wade epitomizes that,” Tomaszewski said. “Consider the benefits of using natural materials and finishings without odours from chemical treatments, the difference a gas stove makes to cooking your meals, or the energy savings of lighting you can control with your smartphone. The many unique aspects to our homes will make a tangible difference to the lives of each resident.”
Situated between both wings, The Wade’s foundation – literally and figuratively – is in the form of a publicly accessible urban green space serving as a zone of solitude in an otherwise bustling part of the city.
And above the streets, The Wade offers a uniquely apportioned rooftop where residents have their choice of a wildflower, vegetable, or herb planter. And what is arguably a first on Vancouver Island, an apiary will draw pollinators to the planters and an accompanying fruit tree orchard. Residents will also enjoy a communal space for entertaining, a quiet zen garden removed from the rest of the rooftop, even a sauna with views onto the Olympic Mountain Range.
The Wade’s two-and-a-half year construction schedule, which began in the late spring of 2018 following site excavation, is anticipating its staggered occupancy period starting in early December as work crews complete perimeter sidewalks and final touch-ups.
Commercial tenants confirmed for The Wade’s ground floor spaces, which front onto Pandora Avenue, Cook Street and Johnson Street, include a health clinic operated by the Island Health, a new Cridge Family Pharmacy location, an optometry clinic, high-tech offices, and a financial services organization.
Meanwhile, work crews at The Wade are transitioning to Tenfold’s latest project, the oceanfront Westbay Quay community situated just a stone’s throw from Swallows Landing (Tenfold partner David Price’s development completed several years ago) at the western edge of the Inner Harbour in Esquimalt.
The 85-suite luxury project will rise as three buildings of two, five and six-storeys. With 70% of Westbay Quay’s first phase Topaz and Lapis homes sold-out, Tomaszewski and Price have teamed up with luxury real-estate realtor Lisa Williams of Sotheby’s International Realty to market a limited collection of luxury homes in the soon-to-be landmark second phase of Westbay Quay (known as Sapphire) coming to the foot of Head Street adjacent to the Westbay Marina.
To learn more about The Wade’s move-in ready purchase opportunities, view The Wade’s website here. To connect with The Wade’s and Westbay Quay’s sales team, visit the presentation at 453 Head Street on Saturday or Sunday, between 2PM and 4PM, or call 250-384-2771 to schedule an appointment. C
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