Starting at
$
324,000

The Condos at Triple Crown


Welcome to Triple Crown - a West Coast contemporary lifestyle community in Langford just moments from every amenity.  We're currently offering 46 new, contemporary condominiums with high end finishes.  Perfect for families, professionals, and retirees.  Sign up with the Winner's Circle newsletter to watch Draycor's progress as they bring their vision of the Triple Crown community into reality.  Our newsletter will deliver regular program reports and special update to your mailbox every month.

Contact UsView Plans

  • Starting at
    $324,000
Starting at
$324,000

The Plans

Triple Crown Condos


Printable
Site Map PDF
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
8000+ Sq. Ft.

of commercial space

well positioned for local business

to grow and prosper in the west shore community

www.triple-crown.ca or call 250.474.4800
Commercial

The Features

Everything you want, and more.


Feature List

  • VRF Heating and Cooling
  • Gas hot water on demand
  • Premium six piece appliance package including stainless kitchen appliances (gas stove) full size washer and dryer
  • Elegant style, quality cabinetry with soft close drawers and doors
  • Full depth quartz stone countertops throughout
  • Tile backsplashes
  • Under mount sinks, stylish porcelain thrones
  • High quality Euro Laminate flooring in the living areas
  • Fashionable Tile flooring in bathrooms
  • posh carpet in bedrooms
  • Underground secure parking (majority of units with two parking spots)
  • Underground secure storage locker
  • Underground secure bike parking
  • Overall energy efficient, environmentally friendly, cost effective
  • Walking distance to all amenities

Appliance Package

The Community

Westshore Lifestyle.


The Team

Your Triple Crown Professionals



Todd Mahovlich

Justine Connor

Born and raised on Vancouver Island, Todd’s business experience, training and life skills acquired over twenty years as a golf professional was foundational for his success as a realtor who provides exceptional customer service with an easy going, professional demeanor.

Justine grew up in Metchosin and Westshore is her home. She is an outdoor enthusiast with a love for hiking and riding horses. Her previous experience as a travel agent combined with a decade in real estate make her an authority on beautiful location and west coast lifestyle. Justine’s clients become friends and lifelong references.

They are a team that lives and breathes the west coast lifestyle. They know the community and the businesses that support it.

Whether you’re interested in a west coast contemporary lifestyle just moments from every amenity, or in setting up your business within a central, active community, contact Todd and Justine for details about Triple Crown.

DISCLOSURE STATEMENT First Amendment to Disclosure Statement

The Builder

Draycor Construction Ltd.


Customer Testimonials

Triple Crown Home Buyers


Triple Crown Townhouses

More than a home - It’s a community


Our townhouses were built by Draycor Construction Ltd., designed by Wil Peereboom of Victoria Design Group and interior designers Tracey Lamoureux and Carly Petillion of Creative Spaciz. We pulled out all the stops with our two and three level contemporary West Coast townhouses. We employed quality construction, an excellent use of space and a higher level of finishes than you will find in an average townhouse.

Along with top quality, we wanted an affordable lifestyle for our customers, so we partnered with Fortis BC and we installed natural gas heating, hot water, and appliances – a superior environmental choice at a lower operating cost for consumers.

Our customers appreciated our efforts. Once our townhouses came to market, all thirty were snapped up in under four months’ time.

Watch our next phase of development. We’re committed to building a winning community!

Triple Crown Blog

Short-Term Predictions for Canada's Real Estate and Household Debt

Last week, the Bank of Canada reviewed the financial system and downplayed fears that the Canadian economy was in serious jeopardy from a potential real estate market correction.

About time!

We are NOT going to suffer a U.S.-style melt-down. If a big drop in home prices were to occur in the Vancouver and Toronto regions, (which Is unlikely), it wouldn't drag the rest of the country down with it. As the Bank of Canada sees it, a full-on bust in the Toronto and Vancouver regions would have only “modest direct spillovers to housing markets in the rest of the country.”

Most experts do not see anything like a full bust coming, albeit sensationalist reporting from, for example, CTV News quoting David Mandani, senior Canadian economist of Capital Economics on Monday continues to scare homeowners who haven’t done their research.

Read Article HERE

 

Three Forces Behind Today’s Hot Real Estate Market

Three forces have come together in a “perfect storm” to create Victoria’s hot real estate market: environment, economics, and exposure.

It’s no secret Victoria is considered the “California of Canada”, and Boomers across Canada have moving to Victoria in mind as they make their retirement plans. In a 2015 survey, over fourteen percent of retiring Canadian Boomers surveyed stated they would like to retire in Victoria. And no wonder! Victoria has the highest number of annual snow-free days of any major city in Canada. On the rare occasion it does snow, it never stays for long. Blossoms begin appearing in February, the earliest in the country. We enjoy over 2,000 hours of sunlight annually, less than half the rain as Vancouver, and the temperature rarely drops below freezing or climbs above 25°C.

While Victoria home prices have surged, driven by offshore buyers, most off these buyers are not foreigners arriving after a long overseas flight, but rather a 90-minute ferry ride from just across the Salish Sea.

“Our offshore market is Vancouver. It has been for the last year,” Victoria Real Estate Board president Ara Balabanian said in an interview. “We’ve experienced the overflow from Vancouver. People are selling at very high prices over there and down-scaling over here.”

Retirees are looking at a way better retirement here than in Vancouver. After Baby Boomers sell their Vancouver home, 97 percent of which are over a million dollars, they are in the position to buy a home in Victoria and still end up with plenty of cash in their pockets. Realtors are also noticing many young families coming over from Vancouver for the better environment Victoria offers in which to raise their children.

Strong demand and a shrinking number of listings have resulted in bidding wars and sales that frequently go well above the asking price. A detached house near the University of Victoria that listed for $800,000 sold in late January for $921,000 after only nine days on the market. The home, built in 1974, attracted six bidders.

British Columbia’s labour market shows little signs of straying from its impressive trajectory. In 2016 B.C. led all the provinces with employment growth of 3.2 percent. Victoria’s economy is strong and vital with many industries supporting that growth: government, education, tourism, marine and high tech. Tourism had a record year in 2016 and there is every reason to believe the tourism industry will continue to be a major driver for Greater Victoria’s economy in 2017. The tech industry is robust and growing, and Victoria is well poised as a gateway community to Pacific markets. Our economic future looks bright indeed.

Victoria is being noticed by the rest of the world. Chek TV reported Victoria ranked as second on a list of the world’s hottest luxury markets in Christie’s International’s 2016 report. Pretty good, considering Victoria didn’t rank at all in their 2014 report. With Canada turning 150, and the New York Times and Lonely Planet naming our country as the No. 1 place to visit, Victoria will increasingly be a desirable place to live, and real estate prices will very likely continue to climb.

References:
http://www.victoria.ca/assets/Business/Documents/economic-development-strategy.pdf
http://www.timescolonist.com/business/record-year-for-victoria-tourism-with-a-bright-outlook-for-2017-1.9711291
http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/bc.pdf

 

Economic Growth Factors in Victoria

As the provincial capital, Victoria's economic outlook is closely tied to the public administration sector, and strong hiring last year helped spur solid real GDP growth of 2.7 per cent. Fortunately, further public administration job gains are on tap for this year, though the rate of increase will be more moderate. As such, public administration output growth is projected to slow sharply from 6.8 per cent in 2016 to 1.3 per cent in 2017. Nonetheless, the overall economy is forecast to advance at a healthy pace of 2.1 per cent this year, as other industries help pick up the slack.  
In particular, several sectors on the services side are poised to post output growth greater than 2 per cent, including wholesale and retail trade, finance, insurance and real estate, personal services, and transportation and warehousing. The personal services and transportation and warehousing industries will both benefit from a strong tourism outlook, driven by healthy flight and cruise traffic as well as a weaker Canadian dollar. All in all, the aggregate services sector is forecast to post output gains of 2.1 per cent this year and next.
At the same time, a healthy mix of residential and non-residential projects are expected to fuel steady output growth of 2.4 per cent this year in Victoria's construction sector. Housing starts are forecast to dip from 2,900 units in 2016 to a still-strong 2,400 units this year. On the non-residential side, work continues on the McKenzie Interchange and the Sidney Gateway Shopping Centre. 
Finally, the manufacturing industry has been one of Victoria's top performers in recent years. However, growth is expected to slow to a still solid 2.8 per cent as several major contracts reach completion, including federal shipbuilding contracts at Seaspan's Victoria Shipyards.

 

Inventory in Greater Victoria is Increasing Slowly

“The numbers we saw in April are a further indication that the market is gradually moving towards a more balanced state compared to the record setting pace of 2016.” says 2017 Board President Ara Balabanian.

A total of 885 properties sold in the Victoria Real Estate Board region this April*, 31.2 per cent fewer than the 1,286 properties sold in April last year. The ten-year average for sales in April is 772 properties.

“We are starting to see hints of a more traditional spring market. Local agricultural production has been delayed due to the late spring, and so has the local real estate market,” adds President Balabanian, “More sellers listed their homes for sale over the month of April compared to the month previous.”

There were 1,690 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2017, an increase of 8.6 per cent compared to the month of March, but 34.8 per cent fewer than the 2,594 active listings for sale at the end of April 2016.**

-----------

* Properties sold in the Victoria Real Estate Board region includes the southern tip of Vancouver Island up to just south of Cowichan Bay, the Peninsula, the Western Communities along with Salt Spring, Pender, Saturna, Mayne and Gailiano Islands. See the included map

** Pre-construction properties like Triple Crown do not necessary show up on the Victoria Real Estate Board’s Multiple Listing Service®. Contact us directly at 250-474-4800 to get the details.

If you are interested in seeing the remainder of the VREB report, CLICK HERE

 

Condominiums Now on Sale at Triple Crown

We are pleased to announce 46 top quality contemporary condominiums featuring quality construction, quality fit & finish and energy efficient features including gas appliances. 

You are the first to receive notice of the first batch of ten condos for sale. To take advantage of our initial offering, all you need to do is fill out the contract and place a $20,000 deposit with the balance due on the completion of project.

Make sure you ask us about the 18 month rate hold if you are looking for financing options. It's an industry-leading financial product and well worth exploring.

These will sell very quickly, so if you're interested, call Todd Mahovlich or Justine Connor at 250-474-4800



 

Why You Should Choose Condo Living

Living in a condominium is all about lifestyle. It’s a lifestyle that gives you more freedom than a house can, and it’s a lifestyle you can enjoy at any age. Here are five compelling reasons you might not have thought of yet to choose condo living:

You Live in a Great Location

Condos get built in popular areas, and Triple Crown is no exception. Entertainment, restaurants, and shopping are all close by in the vibrant city of Langford. If the great outdoors is more your style, lakes, walking and biking paths and golf courses are all around you. Triple Crown is close to town on the edge of nature.

You Have Peace of Mind and Security

You don’t have to worry about installing alarm systems or video cameras because a two-key system – one for the front door and one for your unit – makes the possibility of robbery slim to none. Your neighbours are a kind of built in block watch! It’s hard for a thief to remove large items from your home without being seen by someone.

You Live Maintenance Free

Because you are living a maintenance-free lifestyle, you have more time to do what you enjoying doing. Who wants to be mowing the lawn when you could be adventuring outdoors or entertaining friends? All those time-consuming tasks like cutting the lawn, weeding the gardens, and cleaning the gutters don’t exist when you live in a condominium. Instead, you contribute to a monthly fee that takes care of maintenance and repairs. Any large, future costs such as roof repairs or window replacements are usually less expensive in a condominium verses a house because everyone contributes.

You Enjoy More Freedom

When you want to travel, you don’t have to plan around house maintenance considerations. Someone else is doing it for you. All you need to do is ask one of your trustworthy neighbours to water your plants while you’re gone, then you can come and go as you please.

You Gain a Community

Condominium living offers great opportunities for a vibrant social life. After all, you live among like-minded people, so there is the potential to develop a friendly, close-knit community. We’ve met and gotten to know all your neighbours, and we know you’ll agree they are all friendly, considerate neighbours.


If this article has convinced you to consider the superior lifestyle condominium living affords, come have a look at Triple Crown’s show home featuring our new, west-coast contemporary condominiums.

 

Join the Winner's Circle



We invite you to join our Winners Circle where you will find more in depth information, monthly email updates and an early bird incentive should you choose to invest in our community.

 

 

Photo Albums

The Site

Now you can watch the progress through our live feed to Triple Crown's construction site!


Contact Us


Please feel free to contact us any time. We are here to provide any information you may require or answer any questions you may have. We look forward to hearing from you!

Email your requests or questions to info@triple-crown.ca




Call Todd Mahovlich

& Justine Connor