Amenities and Lifestyle at Triple Crown Community

Amenities Close at Hand Means Great Lifestyle!

If you are a future homeowner in Triple Crown’s Resident 3 and 4, you can look forward to excellent amenities and lifestyle with so many activities close at hand. To give you a taste, we’ve listed beaches and lakes for water activities, golf courses, hiking trails and a couple special venues for the whole family.

Water Activities

Do you enjoy water activities? It’s hard not to be as we live on an island! It’s all here, from scuba diving to kayaking, swimming to fishing, and you have lakes and ocean beaches just a short drive away:

• Florence Lake – 2 minutes
• Langford Lake – 5 minutes
• Thetis Lake – 7 minutes
• Glen Lake – 12 minutes
• Lookout Lake – 16 minutes
• Esquimalt Lagoon – 22 minutes
• Witty’s Lagoon – 28 minutes


Vancouver Island draw golfers from around the world and is also the gateway to the Vancouver Island Golf Trail consisting of fourteen scenic and challenging courses through a 250-kilometre-long network. For both beginners and experts, Victoria offers golf experiences with some of the best vistas on earth. If you’re a golf enthusiast soon to be living at Triple Crown, you’re practically surrounded by excellent golf clubs! Here’s how long it takes to get to four of the closest courses:

• Bear Mountain Golf Club – 9 minutes
• Royal Colwood Golf Club – 8 minutes
• Olympic View Golf Club- 14 minutes
• Juan de Fuca Golf Course – 15 minutes


Vancouver Island has some of the most beautiful and iconic trails in the world. Hiking enthusiasts will find the following trails nearby:

• Mount Finlayson Trailhead – 8 minutes
• Goldstream Provincial Park – 7 minutes
• Mill Hill Regional Park – 7 minutes
• Sooke Hills Wilderness Regional Park – 13 minutes
• Mount Wells Regional Park – 10 minutes

Family Fun

Looking for something more unique for your family? The recently opened Malahat Skywalk and the Boulder House Climbing are well worth checking out.

The Skywalk takes you through an arbutus forest and onto a spiral ramp that towers above the Finlayson Arm. Once you’re done taking in the spectacular view, you can zip down the 20 metre spiral slide. You AND your kids will want to go again!

Boulder House is not just for hardcore climbers. It has 6000 sq. ft. dedicated to kids, and they take pride in turning a passing interest in climbing into an obsession. Get ready to be inspired.

Excellent lifestyle means easy access to living, working, and playing in your city. Langford and the Triple Crown Community do it well.

David Echaiz-McGrath WA Principal - excellent condo building design for Triple Crown Communities Principal

Designing Excellence: WA Architect David Echaiz-McGrath

Excellent condo building design starts with an excellent team of architects, and our team is WA Architects Ltd. serving Vancouver and Victoria. Their tag line ”Architecture Made Personal” encompasses their vision of fostering good relationships as a foundation of great design.

“We make a great impression. And so do our buildings.”

David Echaiz-McGrath is one of the four Principals of WA. Better residential architecture is his journey and his obsession, which started with Environmental Design from University of Manitoba, then Architecture from Carlton University. He moved around a lot in his early days as an architect; Ottawa, Montreal, Toronto, Calgary then down to San Francisco during the dot-com boom.

How and when did you join WA?

“I went looking for a good firm where I could influence and make an impact in design,” says David. “After I moved back to Canada, I found WA, staked my claim in the office and learned a great deal from Neil Banich, our Design Director. I’ve been with them for over 15 years now.”

When he joined WA, the company’s primary focus at the time was shopping malls and commercial real estate. Less than five percent of their portfolio was residential.

“The experience and contacts I brought in helped us to refocus on residential,” he says, and he went to work building up their mixed-use commercial and residential portfolio.

He also brought innovative technological improvements, such as setting up a hub intranet for WA. “Kind of like an Instagram for architects and technologists,” laughs David.

Eventually, the went through a full rebranding, which included a review of their guiding principals and their evolving company identity. They became WA – an acknowledgement of their predecessor, Jim Wensley. They set out to design communities, not just buildings, and they established a strong and healthy company culture.

“We play hard, but we also work hard. That’s our office culture. We need to know people fit in the office, but they also need to have a life and outside interests to sustain them.”

How Did WA get involved with Triple Crown?

Wensley Architecture Ltd. has worked with Cliff Curtis and Stu Gordon for years. We’ve built a strong working relationship but also have become friends. Cliff and Stu’s business venture with Kent Sheldrake and Kevin Parker provided the opportunity for us to work with these gents. We found out quickly that their development/design process worked well with ours. It’s been a fortunate and rewarding relationship.

David and WA (Neil Banich was very much involved in the initial design) enjoyed the collaborative process of designing Triple Crown Community. “I appreciate their openness to discussion about the criteria. They had a vision, but it was a collaboration and discussion. They respect design. They knew how important it was for their final product.”

“They are businessmen for sure. They know what they want to do, they know how to approach it, and they let us do what we do; what we are specialized in.”

“It’s great to have clients that buy into designing a community. They don’t just gloss over the planning process to get to the work. They were totally into planning.”

“And they are fun guys to socialize with,” laughs David.

How do you approach design?

“We stay curious, and we respect what people have to say. A lot of our staff are into sustainability and into the wellness buildings. We like to design it in a way that will encourage happenstance meetings. Security is more than lock and key. It has to do with knowing your neighbours and knowing your surroundings.”

Is there a way to design a condo building so it feels more secure and friendly?

“Absolutely. Especially when you’re introducing things like common courtyards and outdoor seating spaces, a fitness studio, or a multi-purpose room. Things like this where people will have to bump into each other, working out, walking their dog. That means more eyes on the plaza and more people you know.”

“How a community is organized and how tenants inhabit a space are important considerations for a real community. We work to implement community mindedness from the beginning along with more pragmatic issues such as FSR setbacks and building height. They are all important aspect of our profession.”

What do you like most about Triple Crown’s design?

“The modern ascetic,” says David.

“Another reason I like Triple Crown so much is because it is a community within a community. I’m always assessing buildings as I drive by. A lot of times, I’ll say ‘wow, that’s beautiful’, but then I find out it’s just a residential building and there is nothing else to it. I think that’s a bit of a miss when it comes to developments.”

“Triple Crown Community has everything to offer: Fitness centers, mixed use rooms, commercial and retail spaces. It’s not just a condo building. It has much more to it.”

Learn more about Triple Crown by contacting Todd Mahovlich or Justine Connor.

Millennial couple searching for home

First Time Home Buyers Thinking Like Investors

First Time Home Buyers Thinking Like Investors

FIrst time home buyer questions we hear often include, “Is it a good idea to get help from family?” According to a survey conducted by Pollara Strategic Insights for the Bank of Montreal (BMO), the answer is “yes’. Their survey revealed 56 per cent of first-time homebuyers in Canada will rely on family for financial assistance to purchase their home.

New buyers in the provinces of British Columbia and Ontario are most likely to look to family for help – 59 and 58 per cent respectively. That makes sense considering the cities with most expensive housing markets in Canada are Vancouver, British Columbia and Toronto, Ontario.

Millennials (24-39 years old) are more likely to seek help than Gen Xers (40-55 years old), according to the survey. (Millennials have obviously had less time to save for a down payment). Of those seeking assistance, one-quarter are looking for between $10,000 and $50,000. Millennials are seeking $100,000 or more. The average ask was just over $45,000.

Before you borrow from a parent, consider the fact that many report they are not comfortable with their retirement savings and haven’t been able to save enough as a result of supporting their adult children financially. If you ask them, they are likely to say “yes” for emotional reasons. Make sure they can afford it unless you want to support them in retirement!

Even with the help from family, affordability is a challenge with Canadian banks requiring mortgage holders spend no more than 30 per cent of their monthly income on housing. With the prices of single detached home rising out of reach, first time buyers are stepping into the real estate market with condominiums.

The First-Time Home Buyer Incentive is useful for some, though its benefits are limited. The maximum amount the program allows borrows is four times their qualifying income if household income is less than $120,000 per year. That means the maximum amount of a mortgage may be and still be eligible for the incentive is $480,000. That significantly limits the kind of housing first time buyers can purchase in Canada’s more expensive real estate markets.

Savvy millennials are thinking like investors. A pre-construction condominium purchase is becoming more popular among this generation because it allows them to invest in housing now and save money towards the building completion and the closing date.

A five percent deposit to hold the property sale gives Millennials more time to save more towards the down payment. Read our article on RBC’s Preferred Builder Program for more ideas on how to finance your purchase

Note: The First-Time Home Buyers Survey was conducted via an online survey between August 25 and August 31, 2020, with an online sample of 801 adult Canadians. The margin of error for a probability sample size of 801 ± 3.5% is 19 times out of 20.




Interview symbol over Triple Crown Community

Interview with Sarah Houston – Caesarstone® Accounts Manager

Caesarstone Quartz Countertops style 6041 Nordic Loft and Style 2141 Blizzard

The Best Countertops in the Industry

Caesarstone®  quartz countertops and surface products are highly regarded in the construction industry, which is why Triple Crown’s builders and designers ordered their top-rated quartz countertops for installation into Residence III and Residence IV.

Actually, it was Caesarstone® which invented and pioneered quartz surfaces on their mission to bring the beauty of earth’s raw minerals into their customer’s homes.

“Hands down, we are definitely the best quartz out there,” says Sarah Houston, Account Manager for Vancouver Island. “Our branded quartz surfaces are 93 per cent quartz content, which is really important, especially for developers and builders who are making these selections.”

The reason they use quartz is because it is one of the strongest minerals in the word. The quartz in Caesarstone’s engineered stone countertops provides advantages that are unattainable in marble, granite, or other natural stones.

“When you have a high quartz content, it’s more durable and it will last a long time. You’re not going to ever need to dispose of your countertops. These are meant to last a lifetime,” says Houston.

Caesarstone® provides a lifetime warranty on their quartz countertops. Even better, their warranty is transferable. If the first owner sells their condo, Caesarstone® will warranty their product for the next condominium owner.

“We stand behind our product.”

Sarah Houston’s Story

Indeed, it was Caesarstone’s commitment to their product which attracted Sarah to the company in the first place. “I joined Caesarstone® about two years as their account manager,” says Houston. “I came from the cabinet industry, and I wanted to join forces with a company that was well recognized and stood behind their product. That was really important to me.”

She started her new career in Alberta, then moved over to BC because (construction on) the Coast was booming. “My boss said we really needed someone to cover Vancouver Island, and I’m like, ‘send me over there!’”

Sarah and her family moved to Victoria, and they have been here for a year now. She admits she loves living here. “I’m originally from Ontario. I tell you; I’ll never move back to Ontario OR Alberta. This is the good life! It’s fantastic.”

As V.I.’s Accounts Manager, she spends much of her time with developers and builders to see if she can assist with projects they are working on. The other half her time is spent visiting architects and designers in the kitchen and bath industry. She serves the distribution channels to ensure they have all their products stocked in their libraries.

Additional Advantages of Caesarstone® Quartz Countertops

Beside a lifetime warranty on the countertops, when you purchase a condo in Residence III and IV, you can expect your countertops will be non-porous and very low maintenance.

“You need only use soap and water. It’s that simple,” says Sarah. “There’s no need for anything else. You never need to seal your counters like you would if they were natural stone. Our quartz counters are heat resistant, crack resistant, easy to maintain and very, very durable.”

The design for Residence III and Residence IV condos includes 3cm Quartz Caesarstone Nordic Loft, 6041 countertops for kitchens and main bathrooms, along with White 2141 countertops for Ensuite bathrooms. To see more details about the floorplans, click here. Our downloadable brochure has even more details.

Want to find Caesarstone® products?

Greater Victoria BC suppliers include Colonial Countertops, which supplied the Caesarstone® countertops, South Shore Cabinetry Ltd. located in the Triple Crown Community, along with, Stone Age Marble Ltd. and Abstract Stone.

Or contact Sarah Houston, Caesarstone Accounts Manager for Vancouver Island, you can reach her on her main line at 778-834-2929, or 604-638-1485, or email her at shouston@caesarstone.ca |www.caesarstone.ca

Real estate investment checklist

Triple Crown Meets 8 Essential Criteria for Real Estate Investors

Real Estate Investors Taking Note of Triple Crown

Real estate investors look for property that will perform well in equity appreciation and also have a good cash flow when they rent it out. As they search for such a property, they use these eight criteria: The quality of the build. The economic health of the community. A good employment rate. A low vacancy rate. Excellent local amenities. A well-developed transit infrastructure. Future plans for development. And finally, low monthly costs.

Triple Crown community performs very well in all of these criteria.

Here’s why:

Top Quality Build & Amenities

Those already living in the Triple Crown community have discovered the quality of the fit and finish and have testified to that fact in reviews and in video. They love where they live.

This is important because better builds ensure better quality of life for real estate investor’s tenants. That equates to higher satisfaction and longer rental durations.

Our next and final phase – Residence IV and III feature high end appliances and stylish finishing such as quartz slab counter tops, better quality cabinets, Euro-laminate flooring, rich carpeting and more. We worked with Spaciz, one of Victoria’s best interior design teams to ensure top quality in function and aesthetic.

The two buildings will also feature roof top patios, indoor amenity rooms and a gymnasium. Each building will have a quick elevator (350 feet per minute), plenty of parking, storage and bike lock up.

Good Economic Health

The City of Langford led the Capital Regional District in housing starts for years and continues to be one of BC’s fastest growing communities. The resulting solid commercial tax base fuels dynamic, innovative policies for live-work environments as detailed in the Official Community Plan. Langford’s Council wisely invested in excellent amenities, mixed-use and multi-family residential developments, façade upgrades and beautification upgrades to enhance the city’s livability and economic vitality.

High Employment

Victoria now has the lowest unemployment rate in the country. It dropped from 5.4 per cent in June 2021 to 4.2 per cent in August according to Statistics Canada as reported in a September 10 Times Colonist article.

B.C. is the only province with pre-pandemic employment levels for the second consecutive month, according to Statistics Canada’s July 2021 Labour Force Survey. B.C.’s minimum wage rose from $11.35 per hour to $15.20 per hour on June 1st. Our province now has the second highest minimum wage following Nunavut. Employment prospects are good for our region’s work force.

B.C.’s current average hourly income for a full-time employee is $29.34.

Low Vacancy Rate

The vacancy rate is the percentage of all available rental units that are vacant. Greater Victoria’s vacancy rate has been well under 1 per cent for years, finally tipping over 1 percent in late 2018 due to the uptick in purpose-built rental units. In 2020 the Canada Mortgage and Housing Corporation (CHMC) pegged Victoria’s apartment vacancy rate at 2.2%, due to progress being made to overcome the south island’s chronic lack of housing supply. That supply was picked up quickly and the vacancy rate has fallen substantially.

When vacancy rates are low, there is more competition for available units which can drive up rental prices. Currently, one of the lowest prices to rent a one-bedroom apartment in Langford is $1,350. A two-bedroom unit in Langford currently rents between $1,824 and $2,350 per month.

Excellent Local Amenities

Amenities close at hand include Costco, Home Outfitters, Best Buy, Aldo, Pet Smart, and The Market on Millstream to name a few. The Millstream Village Shopping Centre has a selection of coffee shops, restaurants, groceries, a bakery, a wine shop, a pharmacy and more.

Outdoor amenities within a five-minute drive include Florence Lake, Thetis Lake Regional Park, the Westin Pacific Bear Mountain Golf Resort, Royal Colwood Golf Club and the Highland Pacific Golf.
There are plenty of businesses and services for every need and enjoyment.

Transit Infrastructure

Langford is committed to building excellent transit infrastructure. Since 2006 when the City of Langford and the Ministry of Transportation commissioned the West Shore Transportation Plan, it’s grown easier to get around safely by bus, car and bicycle.

Leigh Road takes motorists directly from Langford Parkway to the Leigh Road overpass or up Skirt Mountain on Bear Mountain Parkway, which alleviated congestion on the Millstream Road overpass.

Future Plans for Development

A new commercial development and a middle or high school along McCallum Road opposite Costco will deliver City Gate Boulevard, spanning between McCallum Road and Treanor Avenue. Social infrastructure such as schools help make neighbourhoods more welcoming to new families and will have a profound impact on real-estate investments.

Low Monthly Costs

Efficient, ductless heat pumps are being installed which extract heat from the air instead of burning fuel. That translates into big savings. Your tenants will appreciate a lower strata fees which includes all heating and cooling. Include hot water on demand, gas stove, efficient appliances and LED lighting for an even lower monthly amount.

The rent amount you can command can easily cover monthly expenses. The rental amount tenants are paying Landlords in Residence I and Residence II provide good case studies. We cannot share details in this article, but our Realtors® have details.

Increasing Equity

A ninth, and most important reason to invest is equity growth. Here are the straight numbers as reported by the Victoria Real Estate Board (VREB). “The MLS® HPI benchmark value for a condominium in the Victoria Core in August 2020 was $483,400, while the benchmark value for the same condominium in August 2021 was $540,600, an 11.8 per cent increase.”


For these reasons, condominiums in Triple Crown Residence IV and III are excellent investment for real estate investors. If you want to expand your real estate portfolio, this location is excellent and will only continue to improve. Check out all these details and more. Contact Todd Mahovlich or Justine Connor to set up a private tour.

5 per cent deposit

The Final Phase of Triple Crown Community is an Excellent Opportunity for Condo Buyers

There are plenty of good reasons to consider purchasing a pre-construction condominium and Triple Crown’s builders have added more unique advantages to purchase here.

5% Deposit

To our knowledge, McCallum Developments Inc. is the only construction company allowing buyers to secure the right to purchase a condominium with a 5% deposit.
When the two buildings of the final phase are completed, the 5% deposit will become part of your down-payment. Meanwhile, over the next year while your condo is being built, you and your family can plan and save more money to increase your down payment and reduce your mortgage.
This will be an especially beneficial strategy for those who can save enough to move from a CMHC insured high-ratio mortgage (down payment of less than 20%) to a low-ratio mortgage (down payment of 20% or greater). This can save thousands of dollars in mortgage insurance premiums alone.

Rescission Period

We provide you with a seven-day right of rescission period. This is a seven-day period from the time of an accepted contract that allows you to read the disclosure statements and complete your due diligence before committing legally to the purchase.

Property Transfer Tax

When you purchase a resale home you are subject to property transfer tax (exemptions apply through programs such as the first-time home buyers’ program). With a pre-sale home, you are exempt from paying property transfer tax if the purchase price is under $750,000.


Our pre-sale condos come with a 2-5-10-year New Home Warranty: Two years on labour and materials (some limits apply)’ five years on the building envelope, including water penetration; and 10 years on the structure. Your new appliances also have a manufacturer’s warranty.

A brand new, well-built home means you will have minimal maintenance costs or unforeseen and expensive special assessments or levies for building repairs.

Quality Build

Those already living in the Triple Crown Community know firsthand the quality of the fit and finish. Building better ensures better quality of life for our customers. Our Final Phase – Triple Crown’s Residence III & Residence IV, will feature high end appliances and stylish finishing such as quartz slab counter tops, quality, quiet close cabinets, Euro-laminate flooring and more.

Affordable Living

The Builders have affordable living and lifestyle firmly in mind, and the features and amenities in Residence III and IV will provide a real edge for a better lifestyle for those who buy a condominium here.

Efficient Appliances

We are installing energy efficient appliances such as a gas range that will save you money on your electric bill. Gas is more efficient because it delivers instant heat and gives you more temperature control for better cooking. A stainless steel, water-and-ice refrigerator with an efficient bottom mount freezer, a top control dishwasher and a high-efficiency, in-suite laundry centre. Check out the appliance package for details.

Lower Utility Bills

We are using environmentally friendly technology to make sure your cost of living at Triple Crown Residence II is low. For instance, the Builders are installing earth-friendly, ductless heat pumps which effectively move heat around the building to cool your condo down in the summer and warm it up in the winter.

Strata Fees

Residence III and Residence IV will share their strata. Monthly strata fees pay for your building maintenance, insurance, common area upkeep automatically. With larger costs planned and scheduled, there are far fewer surprises such as unpleasant costs and assessment. Additionally, the larger strata with two buildings and 132 units will greatly reduce maintenance and repair costs for each condo owner.


Living in a brand-new condominium means little thought or energy needs to go towards maintaining your home, and Triple Crown Community’s location on the outskirts of Langford provides quick access to transit routes and any amenity you want and need.

Book now, because we expect presales to be brisk. Get in touch with Todd Mahovlich (P.R.E.C.) or Justine Connor today to book an appointment in our show suite.

Group of Millennials

Six Compelling Reasons for Millennials to Choose Condo Living

A great location in Langford

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 BC. If the great outdoors is more your style, lakes, biking paths and golf courses are all around you. Triple Crown is close to town on the edge of nature.

Condos Are More Secure than Houses

You don’t have to worry about installing alarm systems or video cameras. A two-key system – one for the front door and one for your unit makes the possibility of robbery slim to none. And your neighbours are a built-in block watch! It’s really hard for a thief to operate in a condominium without being seen. The added security will give you peace of mind.

Condos Provide Maintenance Free Lifestyle

Condominium lifestyle a maintenance-free lifestyle. That means you have more time to do what you enjoy doing. Who wants to be mowing the lawn when you could be on an outdoor adventure or entertaining friends? Time-consuming tasks like cutting the lawn and cleaning the gutters just don’t exist when you live in a condominium. Instead, you contribute to a monthly fee that takes care of building maintenance and repairs.

That also means the big repairs will cost you less because everyone contributes to a contingency (reserve) fund which takes care of future costs like roof repairs or window replacements. Many years from now when the roof must be replaced, the financial impact on your lifestyle will be far less than the 10+ thousand it would take to replace the roof of a house.

Living in a Condo Gives You More Freedom and Money to Travel

When you want to travel, you don’t have to make your plans 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 are gone, then you can come and go as you please. Many a house owner has sadly had to forgo their adventure to take care of a house maintenance cost!

Condos Provide the Best Amenities Already Built In

All Triple Crown’s condominiums provide you with brand new, high quality appliances like modern kitchens with gas range cooking, a water and ice refrigerator, quiet close cupboards, dishwasher and in-suite washer and dryer. Your condo home will also feature quality cabinetry, quartz countertops, luxurious carpets, and Euro hardwood floors. Round that out with large decks, community gym and rooftop terrace and you have clean sleek, quality living at its best. Check out all the features.

Condos at the Triple Crown Community

Joining a condominium equals instant community! The condo lifestyle at Triple Crown offers residents a vibrant Langford lifestyle and neighbours from all walks of life from millennial to retirees. When you live among like-minded people, the potential to develop a friendly, close-knit community is greater.

Living in a Triple Crown Community condo in Langford provides Millennials with a lifestyle of convenience, freedom, and enjoyment than a house just can’t provide.

Explore the lifestyle condominium living affords. Contact us to book your private meeting with our Sales Team in our show suite.

RBC Plaza

RBC’s Preferred Builder Program

Why RBC’s Preferred Builder Program for Presell Units Provides Peace of Mind

RBC has provided a very notable program for clients who are purchasing pre-build condominiums, including our Triple Crown Community project. It is called the RBC’s Preferred Builder Program – in essence a long-term financing package for presell units.

With more than 25 per cent of sales is coming from new construction, it is a market RBC has been serving well for over a decade, though few are aware of the program or how it works.

The package offers long-term financing packages for presales. And if you’re considering a pre-build condominium purchase, this program offers key advantages and protections.

First, RBC will approve you up-front with no conditions.

What does this mean?

It means you will not be asked to reapply with the approach of the closing date. You don’t have to requalify 30 days before approval. You’re insulated and protected from banking changes, government regulations, or changes in your own life situation; you are approved based on your situation right now.

RBC Knows Life Happens

Your application approval is based on what is happening now. If 30 days before closing, you end up losing your job or you become disabled, or you break up with your spouse, you don’t have to worry. You could have purchased an F150 along with a $500 per month payment towards the truck. It doesn’t matter. You’ve already been approved.

RBC also offers long-term close rates that are protected until the completion of the unit. They give a slightly discounted rate based on today’s rates, and they will honour it for two to three years out. They will hold the rate. And, 120 days before the closing date, if rates are better, if rates have gone down, they will provide the better rate, without having to requalify you.

That’s real peace of mind.

Another important fact about the Preferred Builder Program is the appraisal. RBC often appoints an appraiser to a building who will evaluate all the units and get to know the building inside and out to ensure accurate pricing in the current market.

What happens if the market changes?

Fast forward two years from now, if the market actually dips down a bit, you do not have to worry about making up the difference between the purchase price that they paid and potentially the new appraisal that is lower.

Most banks lend based on whatever is lower; the actual purchase price or the appraised value. If you are not dealing with the Royal Bank’s special financing package where the evaluation is completed in advance, and the prebuild is reappraised two years later and it’s lower, the client has to make up the difference between the purchase price and the actual appraisal, and that will be above and beyond the actual down payment they planned on putting down.

But how does RBC appraise a property that hasn’t been built yet?

Their assigned appraiser visits the location, looks at surrounding amenities, look at plans for the current units (all which have risen in value), talks to the builder and discuss the quality of finishing to find out if they are building in quartz counter tops, hardwood floors, high end appliances (hint: we are) and comes up with an up-front value.

Yes, but do I pay a higher interest rate?

RBC’s interest rate on a four-year fixed, to hold it for two years, is higher than today’s rate. However, the Bank of Canada is extremely interested in raising rates. In two years, if the four-year rate climbs higher than RBC’s four-year fixed rate, you will be thanking your lucky stars that you locked in. Conversely, if in two years, the four-year fixed rate is lower at 120 days before closing, RBC will offer you the lower rate and reset the commitment start date.

RBC’s Preferred Builder Program is a Win/Win.

Why isn’t everyone using this pre-build package? Because not a lot of people know about it. Do your research and consider locking in with this program. You will certainly sleep better for the two years that it takes to build!

Another benefit: RBC offers free mortgage insurance. For example, if a couple are purchasing a unit together, we can offer free life and disability insurance. If one person passes away, and even if the condominium has not been built to completion and has not been funded, the survivor will have a free and clear home. It costs $0 for the duration of the build, and there are zero payments. Mortgage insurance is free and can be cancelled at any time. (But why would you?)

You can also include critical illness, if you are diagnosed with one of the big three: heart attack, stroke, or cancer. If diagnosed, you receive a $300,000 lump sum towards your mortgage. That’s just a diagnosis, you don’t have to be terminal to receive the payout. And this insurance is also… you guessed it…Free.

RBC really takes care of their client and provides real peace of mind in presale.

We do not receive any benefit from sharing this information with you, except that we can help our clients make more informed financial decisions.

To your health and wealth!

Todd Mahovlich and Justine Connor

Interview symbol over Triple Crown Community

Interview with Justine Connor

Interview with Justine Connor – Triple Crown Sales Team

We interviewed Triple Crown’s sales team member Justine Connor and asked her about the neighbourhood and amenities Triple Crown condominiums in Langford have to offer.

Mathieu: Morning Justine. Let’s start with the location. Where is the Triple Crown Community located?

Justine: It is in Langford over by Mr. Mikes. There will be 123 new units in two buildings – Residence III and Residence IV – containing a mix of one-, two- and three-bedroom units which we have already started to build.

Mathieu: How are clients are reacting to the building in its current state of production?

Justine: Most of the clients that I took into Residence II (completed December 2020) were extremely impressed with the size of the balconies, the size of the windows, all the natural light that comes in, how spacious the units are, and the views that you get from either side of the building.


Mathieu: Are there amenities in the building?

Justine: Residence II has a small gym with cardio equipment and free weights. I understand there will be a large gym in the larger of the two new buildings (which owners of both buildings can use), plus each building will have an amenities room and a top floor public deck to take in the views.

Mathieu: What do people think of the area around the Triple Crown Community?

Justine: A lot of people like it that it is not right in downtown Langford with the noise, hustle and bustle. They like that it is a little off the beaten track and close to the lake and nature, yet close to amenities like grocery shopping, Tim Hortons, Starbucks and a couple of pubs. Additionally, they appreciate the easy highway access for driving North or South into Langford, Colwood, or Victoria.


Mathieu: What kind of client demographics are interested in the building?

Justine: The majority of my clients have been first time home buyers along with a few investors. Most of the people I’ve sold to are professionals in their 20s to early 30s, some with kids. It’s a family-friendly building with no age restrictions.
It’s a great investment opportunity. Residence I and Residence II 2-bed, 2-bath condos are renting for around $2200 per month.

Mathieu: How are first time home buyers reacting?

Justine: They (my clients) are all super excited as it is their first purchase. While we were building Residence II last year, our clients who joined The Winner’s Circle got to enjoy construction updates and pictures every month and read about the quality going into their purchase. They saw the excellent appliance package, the fit and finish, and other things. We made sure we kept them well informed about their purchase and let them watch as it is it being built.

Mathieu: Are many of the mind that they would rather buy a home instead of a condo?

Justine: No. Most of the people I see are just excited they can purchase something in Greater Victoria because their money can buy them a really nice, spacious place to live. Most of the Residence 2 condominiums are around 900 sq. feet., and the condos in Residence III and IV will also be quite spacious.

City of Langford

Mathieu: What draws your clients to the city of Langford?

Justine: I think price for one pf the draws. That’s because you get more bang for our buck for sure. You get a bigger size unit for your price. Additionally, Langford now has all the community amenities, which means you don’t often need to go into Victoria anymore.

Mathieu: What else do your potential buyers for Triple Crown’s final phase need to know?

Justine: If you are looking for a condo or want to get into the market, Triple Crown condos are definitely above standards as far as their finishing goes, their appliance package, and their quality of construction. The four Developers are local, Langford based. They know their customers and they have a track record of building a great product that makes their customers extremely happy.

Mathieu: Justine, thanks for taking the time for this interview.

Justine: Thank you, Matt

Justine Connor is available for questions and for a by-appointment show suite visit. If interested, you can reach her at 250-888-1059.

Spaciz design team in Victoria BC

Triple Crown Condominium Interior Design

The quality fit and finish you’ve come to expect from Triple Crown didn’t happen by accident. The builders employed a highly creative design team in Victoria called Spaciz. Carley Petillion is the principal designer and partner with the company, and she has a unique talent her clients attest to; the ability to really listen, then craft distinctive design features and unique combinations of colour, texture and finish that culminates into beautiful, functional spaces.

“We had worked with (the Triple Crown) team on many projects before, so we were very familiar with their product and what they are looking for in terms of materials and aesthetic,” says Petillion. “For this project, we focused on the first-time home buyers, millennials, and Gen x-ers looking for an investment property.”

Asked what inspired her design choices for Triple Crown’s condominiums, she replied, “Location and demographic were key factors, and we wanted them to be fresh and unique while avoiding anything super trendy.  We wanted the choices to be neutral enough that a buyer could picture their own furniture in the space, but also include unexpected elements.”

Petillion is called a master of the nitty gritty for a reason. She pays close attention to details, making sure every inch of a space is functional, esthetically beautiful and flows seamlessly throughout.

“We made sure the layouts were highly functional, especially the kitchens.”

What design features or attributes are you most proud of?  

“We are very proud of our simple yet impactful fireplace design.  Cabinetry design is also something we put a lot of thought and effort into.  In condo’s, it’s a challenge to ensure there’s adequate storage and work space so we’re also quite proud of the kitchens and baths.  The bathroom mirror frame doubles as a shelf to keep product off the counter!”

What was the most important consideration?

“There is a lot of competition in the condo market so while we needed to be budget conscious, we also wanted to design a space that was different from what the buyers are seeing elsewhere.”

How do you include functionality in the aesthetics of the design?

“Careful design of the cabinetry and consideration of possible furniture layouts.”

What were some of the challenges?

“Incorporating dining/eating space into some of the smaller units, and whether an island was a preferred option over a traditional dining table as some of the units only allowed for one or the other.”

When do you come in on a project, or at what stage should a project manager include you? 

“It depends a lot on what they would like help with.  Some project managers and developers only want help pulling colours and finishes together, so once they’ve applied for permit, that is when we are often contacted.  We prefer to be a part of the project from the beginning so we can iron out any issues from a design perspective before the hole is even in the ground.  This tends to save everyone a lot of headache and always gives us the opportunity to ensure the project has a high-end/designer feel.”

How can developers best work with you?

“By including us at the very early stages and allowing us to collaborate with the architects and team on the space planning of the layouts.  This is such a critical part of the process.  And just being clear on their expectations.  We want everyone to be satisfied with the result.”

Spaciz’s tag line says they “aspire to avoid predictable, question existing standards, blend visual influences, listen with fortitude, and nudge you to go further.” They succeeded with their design of Triple Crown’s Residences.

They designed a space you will be delighted to call your own.