There is an affordable housing crisis in Canada. With single family homes costing much more than what the average family can afford, homeownership is out of reach for many. According to data from the Canadian Real Estate Association and Statistics Canada, national statistics show the average home price is more than seven times the average household income. In BC, the average housing price will rise to an estimated $991,400 this year.
At least one developer has taken the attainable housing crisis to task and has focused his latest project on producing high-end housing at a reasonable price. The owners of Evantra Development have been building in B.C. for over 40 years and saw Langford as the perfect fit.
For the second year, Langford is one of BC’s fastest-growing communities and has been ranked number one as the “most resilient city and best place to work” by BC Business magazine. It won the top spot over 49 of the province’s largest communities.
Surrounded by green living space, parks, and the beauty of Langford, the two towers begin construction this year.
“It is attainable living in Langford,” says Michael Sikich, Founder and President of The Agency Real Estate Marketing Group. “The Developer has paid attention to detail and is producing two sustainably built concrete towers that will have high-end finishes at an affordable price.”
The Towers will range from one- to three-bedroom homes. The finishes include stone countertops, wood flooring, stainless-steel appliances and KHOLER fixtures.
“They are well-designed with an eye to common amenity space such as rooftop gardens, garden plots, play areas for children,” says Sikich. “There are community spaces fully outfitted, such as the fireplace lounge and gym. There is also a concierge service available.”
The property comes complete with picnic and barbecue areas, extending the living experience to the great outdoors.
The development will have mixed-use space with an office and retail component serving the local community.
“The homes are perfect for a single person, young family, and also for those wanting to down-size,” says Sikich. “The demographic is really for anyone who wants luxurious finishings at an affordable price.”
There are 270 units, and sales begin soon. Nestled in the heart of Langford, close to shops and the bustle of downtown, The Scene offers the best of community living at attainable pricing. Learn more at LiveTheScene.ca.