Haven is a six-storey, 104-unit affordable condominium building along the 1000-block of Johnson Street on the border of the City of Victoria's Harris Green and Fernwood neighbourhoods.
Haven't unique approach to assisting purchasers includes a 10% BC Housing downpayment credit where a purchaser's downpayment up to 10% is matched by the organization.
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Loose bolts was a joke referencing Tesla.
Ah gotcha! Missed that (have no experience with Tesla's).
The problem on that front is that the mortgage rate holds offered by the project's partner bank would be relying on that initially advertised date of late 2023. I know those can extend, but probably not much past that May 2024 date - I think 6 months is the usual.
Haven's locked mortgage rates for BMO and RBC were both for 36-months, so I would think they're good until early 2025.
An update from Chard: "we’re excited to share that Haven has officially begun to rise above street level! Excavation and shoring were completed over the past year, and over 3,500 cubic meters of concrete were poured to complete Haven’s three below-grade levels – that’s enough to fill up close to two Olympic swimming pools! With the below-grade structure completed, framing of the first level of the building is now underway."
You can read the whole thing here: Haven’s Structure Reaches Grade - Chard Development
Johnson Street's Haven condo reaches sold-out status; BC Housing-backed dev on track for 2024 completion
104-suite Haven is now underway along Johnson Street east of Cook Street.
Last chance: BC Housing-backed Haven and 12-storey Nest condos are 94% sold-out
Downtown Victoria's Haven and Nest condominium offerings are on the precipice of sold-out status following buying spree.
Buyers are back: Surge in downtown Victoria condo demand propels landmark Nest and Haven pre-sales to over 80% and 50% sold-out, respectively
BC Housing-backed affordable ‘Haven’ condo turning home ownership dreams into reality
How BC Housing’s Affordable Home Ownership Program is turning Victoria renters into homeowners
AHOP affordable ownership program from BC Housing is bridging the rental-ownership gap...
Victoria's rental apartment vacancy rate back to all-time lows as new housing supply lags demand
Near-zero vacancies present opportunity for private investors, while new government programs hope to turn renters into owners.
Chard Development unveils 'Nest' condominium offering in Victoria's Fernwood neighbourhood
107-suite release includes one, two and three-bedroom layouts with up-market finishings and market-leading amenities.
Public parkade opens this spring between 800-blocks of Yates and Johnson streets
62-stalls of public parking within the Yates on Yates and Vivid at the Yates parkade will be accessible soon via Johnson Street.