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Haven is a bold new approach to homeownership in Victoria. We know that a 20% down payment is a lot—so we’re doing things differently. You put in 10%. We’ll match that. And you move from “forever renter” to “new home buyer”!
According to a TC article BC Housing puts in the 10% and it's a payment free/interest free mortgage.
They take 10% of the sale price when ever you sell it or 10% of the current market value if you pay back that mortgage.
So if you buy a $500,000 unit and they kick in $50,000. If you sell it for $600,000, they get $60,000.
I'm glad I bought in on the Vivid model...
A couple of units from Nest went on the MLS this afternoon.
Unit 709 is a 2 bed 2 bath unit with 836 finished sq ft + 135 sq foot balcony and is being offered for sale @ $754,900 + GST.
Has Chard indicated when excavation and construction will start?
Near-zero vacancies present opportunity for private investors, while new government programs hope to turn renters into owners.
107-suite release includes one, two and three-bedroom layouts with up-market finishings and market-leading amenities.
62-stalls of public parking within the Yates on Yates and Vivid at the Yates parkade will be accessible soon via Johnson Street.
Downtown daycare, affordable condos pitched as part of three-building redev of high-profile Ithaka Greek Restaurant block
Condominiums, rental apartments and a restoration of the Victoria Professional Building on Yates Street at Cook Street are part of a significant real-estate play unveiled by Chard Development.