We are excited to share that Haven – our second attainable homeownership project in Victoria – is now sold out!
Brought to market in June 2021, Haven includes 104 homes ranging from studios to 3-bedrooms in the highly coveted Fernwood neighbourhood. Through a unique partnership with BC Housing, Haven offered British Columbians who do not currently own real estate the opportunity to purchase a home with only 10% down… with an additional 10% credited to Haven homebuyers upon closing through a no payment, no interest mortgage. This means that the actual funds required to purchase at Haven are only 90% of the fair market value.
The quick success of Haven demonstrates the necessity for this kind of offering in the market and continues to build upon Chard’s commitment to supporting the movement of British Columbians along the housing continuum. Construction for Haven is already well underway. We can’t wait to welcome Haven buyers home in early 2024!
Haven followed the success of Chard’s first attainable homeownership project, Vivid at the Yates. Completed in 2021, Vivid at the Yates was enthusiastically received by the market and sold out 135 below-market value homes in just nine months! Both Vivid at the Yates and Haven were made possible through innovative partnerships between Chard and BC Housing and aim to help bridge the gap for middle-income British Columbians in the housing market.
If you missed out on purchasing in Haven, a select few suits are still available next door at NEST.