A luxury condo overlooking the Fairmont Empress, B.C. legislature and the Inner Harbour was sold on Nov. 26 with the biggest price tag a condo has seen in the city.
The building, which is expected to be move-in ready for late spring 2020, features two penthouse suites. The sub-penthouse was sold last year for just shy of $7 million. At the time it was the most anyone had paid for a condo in Victoria.
91裸聊视频淭his has eclipsed it by an additional $4 million. This is by far the highest price paid for a condo [in Victoria],91裸聊视频� said Craig Anderson, the director of marketing and sales for Magnum Projects.
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The $10.79-million penthouse suite features three bedrooms 91裸聊视频� each with an ensuite bathroom, balcony and walk-in closet 91裸聊视频� in 4,400 square feet with an additional 1,900 square-foot rooftop patio.
Of the 57 units planned for Customs House, only nine have not yet been sold. Anderson said most of the buyers are quite private, but all of them are Canadian citizens planning to make the Customs House their primary residence.
91裸聊视频淲e91裸聊视频檝e not seen any investors in this project,91裸聊视频� he said. 91裸聊视频淥ne thing I find quite interesting is everybody who91裸聊视频檚 bought into this project has a connection to Victoria, whether they went to Brentwood or they went to UVic or they had business interests in Victoria.91裸聊视频�
Originally built in 1898, the building served as police barracks. In 1914, it was added onto before a fire in 1937 burned down a portion of it. It was rebuilt in 1951. With so many additions and changes over the decades, different floor heights made it difficult to find a new purpose for the waterfront structure.
91裸聊视频淵ou couldn91裸聊视频檛 do anything with the building other than maintaining the heritage facade,91裸聊视频� Anderson said.
The exterior wall facing the waterfront is all that remains intact, and the condos will be built within. Space for a parkade is currently being dug out.
Soon the building will have new life. Cielo Properties, Anderson91裸聊视频檚 client, is also looking to add a high-end restaurant in the first floor.
It will add 91裸聊视频減reservation for all tourists coming into the city to see it, but also very important is I believe it adds a gateway to the business district on Government Street,91裸聊视频� Anderson said. 91裸聊视频淵ou can imagine it91裸聊视频檚 dusk, you91裸聊视频檙e walking up Government Street and in the window, it91裸聊视频檚 fine dining. It just sets off that entire building and it really sets a tone for the downtown core.91裸聊视频�
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