1400-1412 Quadra Street is a proposal for a 113-unit, 14-storey purpose-built rental building on Quadra Street at Johnson Street in downtown Victoria.
Click here to learn how to keep your data current and how to upgrade to a Citified Plus project profile.
The building contains a single 3,716 square foot ground floor commercial space.
While purpose-built rentals are certainly not a bad thing, when was a condo proposal last approved without a CoV covenant ensuring that no rental restrictions could ever be put in place by the future strata members? Essentially, every new multi-family project built today has the potential to be 100% rental units.
i think the general consensus now is that we should not view renters as more problematic or less desirable than owner-occupiers. and it's not fair to be prejudiced against them. rightly or wrongly.
The transitory nature of many renters, while not necessarily problematic, certainly sets them apart from owner-occupiers.
bad renter leaves soon. bad owner stays forever.
Neither sentiment is actually true in my experience.
The 113-suite rental complex with ground floor retail is planned for completion in 2021.
Save-On-Foods, 600 upcoming residences set new course for North Park's and Harris Green's Pandora Avenue
Downtown Victoria's Pandora Avenue corridor is slated for big changes as developers focus in along the under-developed thoroughfare.
A 14-storey highrise tower overlooking the busy intersection will yield one, two and three-bedroom apartments plus live-work units.