Low-Rise condos for rent in Lagoon are commonly referred to as buildings of less than four stories. They tend to be walk-ups without the benefit of an elevator. The charm and character of these buildings make up a large part of the draw. The size of Low-Rise condo buildings in Lagoon can vary greatly, with just a few units or they may be quite dense. The choices for configuration of Low-Rise condos for rent in Lagoon can also have a wide range.
Smaller buildings that are less expensive to build overall, may include more architectural features and other design features that set it apart. Newer builds will strive to keep the continuity of the neighbourhood. They may take historical references from the buildings around them and strive to offer what can't be found in high-rise condo buildings. These thoughtful Low-Rise condo projects are of importance in neighbourhoods where bylaws stand to uphold sight lines and other existing community elements. Older Low-Rise condos for rent in Lagoon may lack some of the amenities of newer Low-Rise condo builds. However, condos for rent in new Low-Rise condo buildings in Lagoon are not as easy to find with rising costs to build and developers wanting to maximize the number of units in their buildings.
The quieter condo neighbourhood of Lagoon in Colwood has awesome buildings to choose from with a total of 3 condo buildings. These include 2 Mid-Rise & 1 Low-Rise. With a smaller number of buildings to choose from in Lagoon, there are less condos for sale in Lagoon. Condos for sale in Lagoon spend an average of 61 days on market. Lagoon had 10 condos sold within it in 2020, an increase of 43% compared to the year before. Last year condos for sale in in Lagoon had an average sale price of $745,950, an decrease of -2 % from the year before. Colwood and Royal Roads are nearby neighbourhoods.
There is a surprising amount of green space with Esquimalt Lagoon Migratory Bird Sanctuary, Coburg Peninsula, and Colwood Waterfront in Lagoon.