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Mod is a 15-storey condominium tower with ground floor commercial space along the 1100-block of Cook Street at View Street in downtown Victoria's Harris Green neighbourhood.
The building will rise on the former site of Pluto's Diner, which was situated in a converted mid-20th century service station.
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I think almost anyone, in almost any salary bracket, can save 10-15%. Few do, of course.
Saving 75k over a few years is tough for many. Many people don't sacrifice frivolous expenses like they used to. Some stuff isn't frivolous, but if you give me a couple making 150k combined, I bet I can create a easily livable budget that allows them to save 75k over 5 years. It won't include daily lattes at Starbucks though.
A 150K household is top 5-10% income in the country. Are we really at the point where only a tenth of the population could possibly afford a condo if only they skipped their avocado toasts and their Netflix subscriptions?

Victoria developer launches unique first-time buyer program at downtown's Mod condo tower
First-time buyers can choose the option of a 10% down payment over 12 months at the Cook...

Downtown Victoria's Mod condominium reaches 50% sold status; 'book-end' tower popular for protected views
Nearly half of Mod's remaining one and two-bedroom homes priced below Victoria's condo re-sale average.

Future retail spaces at Pluto Diner's former location earmarked for landmark cafe or coffee shop
Corner retail space at Cook and View streets ideal for cafe or coffee shop landmark, developers say.

Downtown Victoria’s 15-storey ‘Mod’ pre-sale condo hits the market with unrivalled views from 1BR & 2BR suites
Already underway at Pluto's Diner's former location, 129-suite Mod is a 'book-end' tower offering view homes.

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.

15-storey Pluto's Diner condo proposal a point of contention for Downtown Residents Association
DRA wants City to patch loophole it believes is "highly problematic" and leading to over-densification of property.

15-storey condominium tower envisioned for Pluto's Diner property at Cook and View streets
129-unit mixed-use condominium and retail tower proposed for 1150 Cook Street.