Azzurro is a seven storey, 65-unit mixed-use affordable rental and commercial building developed by the Greater Victoria Rental Development Society.
The ground floor includes 9,957 square feet of commercial space and 11,087 square feet of office space is available on the second floor.
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9,957 square feet of ground floor commercial space is available for purchase or for lease. 27 parking stalls are designated for use by commercial tenants.
11,087 square feet of second floor office space is available for purchase or for lease. 27 parking stalls are designated for use by commercial tenants.
...I guess that's a little more reasonably priced but still. Over at Townline you might pay a bit more but the finishing is nicer, you get your own laundry and access to a sweet gym.
So why would anyone pay $1600 as per the other advertised Azzurro unit?
If they receive so much funding from governments and have only partially subsidized units, where is the profit going?
Looks like they have since lowered the rental fee from $1600 to $1350 in just 5 days.
Tenants in expansion mode and a push to modernize work places are the driving forces behind an office space building boom in Victoria.