Halifax’s Condo Real Estate Specialists

March 2013

King’s Wharf Progress Report Posted on Mar 07, 2013

The King’s Wharf development is steaming ahead on the shores of Dartmouth Cove in downtown Dartmouth. The multi-building, approximately $500-million development could easily be described as a city within a city. King’s Wharf is expected to include 13 mainly mixed use structures, made up of condos, rentals, a hotel, commercial and office space. There will also be a park and details have recently been released about a water taxi running between King’s Wharf and the Halifax waterfront. The water taxi wharf is already in place and it is expected to begin running by the fall of 2014.

Artist’s rendering of the King’s Wharf development in Dartmouth, NS.
The Keelson condo building opened in December of 2012 and there are a handful of units available and ready to be inhabited at this time. Feel free to contact us about which units are available.
The Anchorage, initially planned to be a rental building was switched about 8 months ago to be sold as condos is approximately 50% sold, condos can be secured with a deposit of $5000.00. The Anchorage is projected to be move-in ready this coming May. Please contact us for prices and floor plans.
Aqua Vista has been available for purchase for a few months now and is approximately 55% sold and is projected to be complete in the fall of 2014. Please contact us for floor plans and pricing.

King’s Wharf, The Keelson & The Anchorage Condo Buildings in Dartmouth, NS.
The Iconic Tower, the development’s signature mixed use condo building will be 33 stories high and contain approximately 180 condos. More about this building will likely be released in the fall or winter of this year.
Check back here for more information as this development progresses or to have updates sent directly to your inbox, sign up to the right of the blog.
-Chris

Halifax Condo Market Update – February 2013 Posted on Mar 01, 2013

Halifax Condo Market Update – February 2013

Figure 1 – All data based on MLS® statistics for areas 1 – 40 which encompass all of HRM

Figure 2 – All data based on MLS® statistics for areas 1 – 40 which encompass all of HRM

Overview

Average Price – Average price for a condo in Halifax took a significant tumble in February.  The price decreased by 8% compared to February last year and down 31% compared to January 2013.  Moving in to the spring market we anticipate prices to increase with more inventory coming to market.

Number of Sales – Sales for Halifax condos were also down in February by 41% compared to February 2012.  However sales were up by 20% compared to january 2013.  We are seeing a slow down in the market for the first two months of the year.  With the spring market  beginning soon look for the number of sales to increase.

If you would like more information on the Halifax Condo market you can always contact us

Andrew