The Redfern is a proposal for a four-storey condominium building with ground floor commercial spaces along the 1900-block of Oak Bay Avenue in the City of Victoria's South Jubilee neighbourhood.
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We can argue as to what is downtown in terms of greater Victoria but I see the city in terms of being from Sidney over to Sooke. Anywhere you want to place it is still pretty damn pricey for a condo.
The 1 bedroom for $649k is small at 556 square feet. The bigger 1 bedrooms are priced at $720k and all face north and ohter than the unit on the 2nd floor, none of the larger 1 bedrooms have balconies - only juliettes. I understand this was a demand of the city due to the rear of the building facing directly onto residential homes - no sitting outside or bbq-ing. Also - no dens or offices which in a post covid worlds, seems like a miss to me, but then perhaps this particular market doesn't work from home (or at all). The finishings are (or will be) absolutely stunning - there is no doubt this building will be high end luxury. I also liked that each parking stall will have the ability to have an electric car charge right at the parking spot (I think it was an additional $700).
Excavators on site the last week and digging has begun.
When you commented on the pricing at Redfern i.e. square footage for boutique buildings is heading to $2000 per sqft. How would you compare Redfern to any other boutique builds in regards to pricing prebuild and resale post completion.
Bellewoods is in a similar location ( just my opinion ) to that of Redfern. They both front onto busy streets and have a quiet side to their projects. Each in or near to their communities, Oakbay, Rockland.
Bellwoods was cheaper, yet not sold out.
Bellewoods also has the added attraction of druggies in the neighbourhood,
The Redfern condo near Oak Bay Village has resonated with downsizers and Millennials in search of homes in established, walkable neighbourhoods.
Oak Bay Avenue's Garden Works retail strip eyed for redevelopment into condos and modern storefronts
A mixed-use condominium and retail building has been envisioned for the Oak Bay Avenue strip east of the Victoria/Oak Bay border.