WHERE IS THE STATION LOCATED: 515 TERMINAL, 529 TERMINAL, 635 TERMINAL
HOW MANY FLOORS: 6 Stories
HOW MANY CONDOS: 69 units consisting of Micro Studios, Studios, 1-bedroom and 2-bedroom condos
WHAT ARE THE VIEWS: Ocean views from select east facing units and Mountain views from select west facing units
HOW BIG ARE THE CONDOS: Condos range in size from 311 sq.ft. to 990 sq.ft.
PRICES STARTING AT: $179,900 + GST
WHEN DO SALES START: Sales open to the public starting Winter 2022
WHEN CAN I MOVE IN: Expected completion Fall 2024
WHEN WILL CONSTRUCTION BEGIN: Fall 2022
CONCRETE OR WOOD FRAME: Wood frame
WHAT AMENITIES ARE THERE: Outdoor green space, secure bicycle storage, EV chargers, flex room and fitness facility
HOW MANY ELEVATORS: 1
BIKE STORAGE: Yes, located in the underground parkade
PARKING SPACES: 1 parking space included with the purchase of a condo. In total there are 81 parking spaces: 51 underground and 30 surface parking spaces
ARE THERE ELECTRIC CAR CHARGE STATIONS: Yes, 8 designated EV charging stations and approximately 25 stalls with EV rough-ins
ARE PETS ALLOWED: Yes, one cat or one dog – see bylaws in disclosure statement for full details
ARE THERE ANY AGE OR RENTAL RESTRICTIONS: No age or rental restrictions
WHAT IS INCLUDED IN THE CONDO: 5 appliances including stainless steel stove, fridge, dishwasher, microwave and white stackable washer and dryer
IS THERE IN-UNIT LAUNDRY: Yes
WHAT TYPE OF HEATING IS IN THE BUILDING: Heat Pump/AC in building common areas; Each unit heated by electric baseboards with AC upgrade option
HOT WATER TANK OR CENTRAL BOILER SYSTEM: Central Boiler
WHAT IS THE STRATA FEE: Approximately .38 cents per sq.ft. – review Disclosure Statement for more details
IS THERE NEW HOME WARRANTY: Yes, 2/5/10-year Travellers warranty
ARE CONTRACTS ASSIGNABLE: See Disclosure Statement for details; fees and restrictions apply
HOW MUCH IS THE DEPOSIT: 15% total: 10% at time of acceptance, 5% at time of building permit; 20% for corporations or multiple unit purchases
IS THERE GST: Yes, GST is applicable at 5%. Please contact your accountant or tax advisor.
ARE THERE ANY OTHER TAXES: Yes, there is property transfer tax. Please consult your lawyer and or accountant for possible exemptions.