27 new rental apartments in Mayfair area approach completion
In December 2017 Saanich city council approved the development permit for this project. Four floors, twenty-seven units. Aryze and Purdey Group agreed to a covenant that prevents the building later becoming condos. Unique features include 68 solar panel installation and built-green silver.
Chord by Aryze is now renting for November 1, 2019. The 27 units range from studio to two-bedroom units, and are purposely larger than the market standard. There are 27 surface parking stalls on-site. Devon Properties is handling the lease up and on-going management of the property.
Previously 2 single family homes zoned for apartments
3216 Alder Street
3218 Alder Street
$600,000 – 2016/02/26
~8,600 sqft lot
2bed/1bath bungalow
$600,000 2016/02/26
~8,600 sqft lot
2bed/1bath bungalow
The cost was $1,200,000 for the 1,597sqm/17,190sqft site. Based on the plans for a 1.20 FSR the land traded at a cost of $58/buildable sqft.
The architect was Low Hammond. Developed by Aryze.
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