4096 Torquay Drive is a proposal for a five-storey residential complex along the 4000-block of Torquay Drive at Shelbourne Street in the District of Saanich within Victoria's urban core.
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this site was listed for sale some time ago i think it posted it somewhere.
that's as clear as i can remember.
Yes, for $8.x million.
A development proposal that aims to densify the north part of the Shelbourne Valley is heading to a public hearing.
The five-storey, 86-unit project for 4096 Torquay Dr. at Shelbourne Street flew through discussions at council at the June 13 meeting, but some had concerns with the length of time rentals would be permitted for the property.
An agreed-to covenant that would need registering ahead of approval of the rezoning necessary and the development permit lists a requirement for a housing agreement to secure 22 of the units as market rentals for a period of no less than 15 years after occupancy.
The covenant also requires all 111 of the underground parking spots to have at least Level 2 charging for electric vehicle use, and that the $387,000 ($4,500 per unit) community amenity contribution be directed to the Bowker Creek Restoration Fund, Saanich’s affordable housing fund, and a greenway enhancement fund before a building permit is issued.
Creating affordable housing by making new housing more expensive. :wacko:
90-unit Torquay Drive residential complex marks latest proposal for Gordon Head's Shelbourne Street corridor
A five-storey complex is envisioned to replace a collection of eight townhomes on Torquay Drive at Shelbourne Street.