The Customs House development encompasses a full restoration of the historic Customs House building at Wharf and Courtney streets into luxury condominiums. A seven-storey new-build wing will replace a 1959 addition fronting onto Government Street.
16,000 square feet of ground floor commercial space will front onto thoroughfares surrounding the project.
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Housing for millionaires? Do we need more of that?
Yes. Millionaire housing needs no annual operating subsidy, generates significant annual property taxes, and employs more worker/hours to build than other types of housing. Millionaires that live here - even part-time - spend considerably more money in the local economy than others.
Unless you're filthy rich the specific houses available to you have little bearing on your decision to move to a city. If something like Custom isn't available you'll just buy something else, then have whatever you buy reno'd to your taste. That's basically what is happening in the Vancouver area - perfectly habitable homes being torn down for McMansions everywhere because for the well-off, that's basically the only option. Almost nothing over 1000 sqft gets built within condo buildings because there's so much suppressed demand, so if you have money to burn might as well buy an SFH and maximize your personal space.
How many units are unsold?
Six or seven are now selling as move-in ready.
Citified shows off the 57-suite luxury condominium – home to Vancouver Island's most expansive condos – slated for summer occupancy.
Near-zero vacancies present opportunity for private investors, while new government programs hope to turn renters into owners.
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Looking for a downtown Victoria new-build condo? Here's your fall 2019 guide.
"Art gallery under the stars" tells of storied history at site of Victoria's luxury Customs House condo development
A series of informative panels now adorn construction fencing around one of the most high-profile developments in Victoria's history.
A record-setting price paid for a condominium on Vancouver Island has firmly placed Victoria on the luxury real-estate radar.
An exclusive inside look at the complicated heritage restoration of a downtown Victoria architectural icon.
Approximately 1,500-units of condominiums and purpose-built rental apartments will receive occupancy status over the next two years.
There may be lots of construction cranes above city streets, but not all projects have available pre-sale condo inventory. Find out what's still selling and what's coming soon.
A 1950's addition to the 103 year-old Customs House building at Wharf and Government streets will be coming down to make way for high-end residences.
The luxury project's top-end suites are likely to fetch millions of dollars above the region's competing high-end condominium residences.
61,000 sq. ft. of office space, 14,000 sq. ft. of commercial space and 43 apartments approved for high profile Government Street property.