I live in a condo, concrete 9 story building built in the 1970s. Un-obstructed water view. Being an older builder it was around half the cost of the a spanking new buildings in Victoria. The building had the exterior resealed, new decking, new windows and new glass railing just over 10 years ago. This year it is new elevators going in.
Solid reserve fund. In BC rules requiring an engineering study and a proper reserve fund are fairly new have only been around a few year. Some older builders had differed work, this one was not bad.
Some of the amenities that were not being used were abandoned to save money. The pool and sauna just did not see much use. Some of the low cost amenities like the billiard room and word working shop continue on with limited use. With an older building your forced to consider the value of some of these amenities especially if they cost money to keep them going.
Love it, in the morning I sit on the deck with a coffee looking out over the water. Minimal noise. The unit is much larger than what a new building would be.
I have had a SFH in Vancouver and a townhouse in Saskatoon. Much prefer this.
Last edited by casper; Nov 13, 2023 at 10:14 PM.
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