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Vancouver-based Aragon, owned by Lenny Moy – a sometime resident of Sooke – isn’t rushing to get people into the buildings. While they have an occupancy permit on the first condo tower, they’re ensuring all the details are right before launching the sales campaign, says development manager Luke Ramsay.
Similarly, Aragon is waiting to partner with the right operator for what will be a ground-floor pub/restaurant space – COVID-19 challenges notwithstanding.
You can buy a reasonably nice SFH in Esquimalt for the price of their three bedroom. Dont see the value here.
As for value, for sure you can buy that house. But you’re talking about two very different types of housing here. One is a mid-market smaller SFD with no views and quite likely in need of upgrades/maintenance, the other is a brand new home with views over the Salish Sea in Esquimalt’s town centre. They also cater to different lifestyles, and for navy members who may be at sea for nine months at a time the condo represents peace of mind a SFD wouldn’t.