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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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My understanding is that's one of the benefits of this being associated with BCH - the units are being sold at appraised value, which can be a good deal lower than what the market could bear in a hot market.
It's a smokin' deal for those who qualify, that's for sure. If one's goal is the enter the market you have to take advantage of these creative programs, even if it takes some effort to understand their inner workings.
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.
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