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The Grand and Fir is a five-storey condominium complex along the 100-block of Island Highway in the Town of View Royal within Victoria's urban core.
Nestled between the protected parkland of Portage Park and the E&N Rail Trail, and the historic 4 Mile Brewpub in View Royal, residents of The Grand and Fir can enjoy an active lifestyle where nature is the backyard.
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I am told this is the home of one of the developers behind Jukebox, Mod, The Reef, Mosiac, etc.
Even in lower interest times, to sell nearly one suite per day would have been quite the feat, and this project is selling units at that pace in today's market.
Market-leading 2.5% downpayment option propels Grand & Fir condo project to 35% sold-out
That's pretty good. I think it's a fine location.
If you can look beyond today's interest rates, and if you believe rates will be lower by 2026, this is a decent opportunity.
The population continues to grow, and housing starts are slowing.
Construction crews are currently on site building The Grand and Fir, an 82-unit, five-storey apartment complex marketed towards those looking for a home with easy access to nature.
“Connected to the trails of Portage Park, this nostalgic new development in View Royal is the place for those looking to enjoy the great outdoors without sacrificing convenience,” reads the developer’s website.
https://www.vicnews.com/local-news/5-storey-apartment-taking-shape-behind-view-royals-4-mile-pub-7865592
Market-leading 2.5% downpayment option propels Grand & Fir condo project to 35% sold-out
View Royal's latest condominium project is selling fast, thanks to a desirable location, and a low downpayment.
View Royal's Grand & Fir condo pre-sale offering 'unheard of' 2.5% deposit structure on 1BR, 2BR and 3BR homes
With 2.5% due at signing and an additional 2.5% due one year later, Grand & Fir's downpayment is the lowest in Victoria.
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