Halifax Condo Dispatches

blog | Posted March 19th 2018

—March 19, 2018
Most condo seekers in the Halifax area might balk at the $3.5 million list price of the most expensive condo unit currently offered for sale in the region; however, that paltry $3.5 million price represents pocket change compared to the $180 million someone put down last week to buy what will be the most expensive condo ever sold in New York City.

Now, if you happen to be sitting on a few million dollars or so worth of pocket change, and had been contemplating the purchase of the Halifax area’s most expensive condo, let’s check out...

blog | Posted December 13th 2017

—December 13, 2017
If you happen to suffer from hirsutism, or are otherwise just generally hirsute, Dartmouth’s King’s Row multi-use development now has another reason for you to consider making the move into one of its condo or rental units. That’s because the Lucky Cat Barbershop celebrated its grand opening this week at its location on the ground floor of the King’s Wharf Killick building. The new barbershop joins the Just Us Cafe, Le Marche, Il Trullo, Sidecar Goods, The Watch That...

blog | Posted December 7th 2017

—December 7, 2017
Condo buyers who pre paid for units in a downtown Halifax condo building that is nearing completion were recently advised that the building is no longer going to house condo units. The 30 or so potential buyers received a refund cheque in the mail along with a notice from the developer’s attorneys stating: “We regret to inform you the Dillon Suites will no longer be registered as a condominium development.”  

Units in the eight-storey mixed-use building on the corner of Sackville and Market Streets had originally been...

blog | Posted November 10th 2017

—November 10, 2017
Halifax Municipal planning staff have expressed support for a proposed nine-storey condo building along Lake Banook on Dartmouth’s Prince Albert Road. If approved by Halifax Regional Council, the building, at almost twice the size of the nearby five-storey Banook Shores condo building, would become the tallest in the area.

The staff report played down the size by noting that its architectural design was based in part on minimizing its bulk, and suggested that it could successfully meld into the nearby single-family housing neighborhood on...

blog | Posted September 21st 2017

—September 21, 2017
Ground was broken last week for construction of the first phase of the Gorsebrook Park condominium development on South End Halifax’s Wellington Street, and the developer plans to launch the pre-sales for the second phase in mid October. Interest in the twin-wing building of eight and 10 storeys has been robust, with 75 percent of condo units in the first phase already sold. Remaining first phase units, bachelors to penthouse suites, are being offered at prices ranging from $234,900 to $739,900.

Overall prices for the second phase of the...

blog | Posted August 17th 2017

—August 17, 2017
Plans for proposed condo units in a 17-storey twin-tower complex in north-end Halifax have been scrapped, as the developer has decided to market the entire residential component of the development as apartment units. Monaghan Square developer Robert Margeson told AllNovaScotia.com that the decision to shift the second tower of his development over to apartments was made due to a lack of “significant sales volumes.”

Located on 6100 Young Street, the twin tower development was originally...

blog | Posted July 26th 2017

—July 26, 2017
The assessed value of unsold condominium units in The Anchorage building of Dartmouth’s King’s Wharf development remains in flux, as the crown corporation in charge of assessing properties for tax purposes has appealed a utility board ruling that dropped assessed values by up to 25 percent.  At issue is the assessed value of 46 unsold condo units for 2015, and the assessed value of 26 unsold units remaining in 2016.

Developer Francis Fares had appealed the original assessments made by Property Valuations Services, Corp., arguing that the...

blog | Posted June 28th 2017

—June 28, 2017
With a dearth of condo development news in the Halifax region over the past few months, we get excited anytime we catch a whiff of a possible new development rumor or learn that construction of an approved project is about to begin. Unfortunately, it seems that any such potential condo development news of late turns out to be a bust—a case of “nothing to see here, folks.”

Last week we got a bit excited when a noted business publication posted a story about Dartmouth’s Harbor Isle development seeking a new development...

blog | Posted May 17th 2017

—May 17, 2017
A proposed condo building on Dartmouth’s Richmond Street that has been on hold for several years may be back in play, as the developer has asked the municipality to grant an extension on its soon-to-expire development agreement. Banc Properties originally announced plans to build the two-building condo building in 2013, and was granted a development agreement in 2014. However, due to market conditions and construction of similar projects in the north-end Dartmouth neighbourhood, Banc put the project on hold.

With an October deadline for...

blog | Posted March 31st 2017

—March 31, 2017
Size, or lack thereof, is perhaps one of the biggest complaints people have about condos. And while micro-condos might be all the rage in Toronto, the trend hasn’t really taken hold in Halifax, and your average Haligonian condo resident would probably love a bit more space.

Well, kids, pull out your check books and start bidding because what will become one of Halifax’s largest condo units is now on the market. Of course, being among the largest, also means that it will be one of the city’s most expensive, too…especially...

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