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Radius at Royal Oak is a 66-unit, six-storey purpose-built rental development situated at Tri-Eagle Plaza in Saanich in Victoria's urban core.
The development site is to the south of Royal Oak Shopping Centre and a short drive from Broadmead Village Shopping Centre.
Radius was originally envisioned as a condominium development.
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An artist's rendering of Radius at Royal Oak, a 66-suite condo-quality rental complex nearing completion along West Saanich Road in Saanich's Royal Oak community. The six-storey building is being developed to specifications and a level of interior finishing typically seen at up-market condominium projects.
Radius at Royal Oak: Condo-quality apartment rentals coming soon to Saanich
A condo-quality rental building under construction along the 4400-block of West Saanich Road and adjacent to Saanich’s Royal Oak Shopping Centre is creating a stir as it nears its spring 2019 completion, Citified has learned.
^I always thought that is what I would want to do if I built an apartment building, and that way I have the option down the road to sell all the units as condos when I am ready. Construction costs right now are too high to pursue that type of project
Tenant move-ins begin sometime next month (May 2019).
Would be great to see some pics of the finished project. :)
Radius at Royal Oak: Condo-quality apartment rentals coming soon to Saanich
The 66-suite apartment complex appeals to downsizers, retirees and Saanich residents seeking higher-quality rental housing within their community.
Saanich developers drop condo plans in favour of rental suites
Over 160-units of purpose-built rental apartments are coming to Saanich following a re-purposing of two condo proposals.