Whitehorse Daily Star

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LAND DEMAND STILL EVIDENT – All lots were taken in Monday’s latest lottery for the rapidly growing Whistle Bend subdivision, seen here in October 2017.

Whistle Bend subdivision lots proved popular

There were 246 entries into Monday’s territorial government lottery for 42 single-family and 10 duplex lots in the most recent phase of the Whistle Bend subdivision development.

By Chuck Tobin on September 12, 2019

There were 246 entries into Monday’s territorial government lottery for 42 single-family and 10 duplex lots in the most recent phase of the Whistle Bend subdivision development.

All lots were taken, though one was turned back and will be assigned to the next event on the lottery list.

There were 32 entries for nine multi-family lots and three townhouse sites.

All but two of the multi-family sites were taken in the lottery.

The lots were the first to be released in phase four of the seven-phase subdivision.

The remaining phase four lots – approximately 120 of mixed variety – are scheduled for release later this fall, according to the Yukon government.

Successful applicants for the single-family and duplex lots have two years to have their homes clad to weather.

Successful applicants for the multi-family and townhouse lots have three years to have their projects clad to weather.

The single-family lots in Monday’s lottery were among the smallest released so far.

The sizes range from 3,907 square feet, or 332 square metres, to 4,973 square feet, or 462 square metres.

The smallest lot sold for $77,245. The successful lottery winner is required to pay a minimum of $22,952 – 20 per cent of the land value, GST and $3,641 to cover the city’s development cost charge.

The largest single-family lot was priced at $102,117, requiring a minimum down payment of $20,423 for the land, $5,105 for the GST and $3,641 for the city, for a total initial payment of $29,170.

The duplex lots – for both sides – ranged in price from $153,560 to $192,415.

Sites for the three townhouse developments ranged from $232,957 for one of the two four-plex sites to $284,355 for the five-plex site.

Prices for the nine multi-family lots were from $159,385 to $1.1 million. All of them sold but the two largest, both of which were valued at $1.1 million.

Comments (4)

Up 7 Down 1

Josey Wales on Sep 16, 2019 at 10:46 pm

Popular they were eh?
Did you know of all the options humans have for hydration, the most “popular” choice is water.

Thee first participant nailed it, I am just having fun.

Up 18 Down 2

Honey Badger on Sep 13, 2019 at 10:13 pm

I heard that there was a proposal to rename some of the streets in Whistlebend: Meover Street, Theypaidwhat Road, Wewillneverownit Avenue, and Highmortgageratrs Blvd.

Up 5 Down 23

supply and demand on Sep 13, 2019 at 8:50 am

Bet all the whiners and naysayers of Whistlebend from 6 years ago are sure mad they didn't put in the lottery back (when there was zero takers) and saved a bunch of $$. You will they get the smaller lots for more money. Such is life.
p.s.
My 2100sqft house and lot on Aksala cost me $377k, maybe you can get a townhouse there for that now.

Up 55 Down 2

Davis on Sep 12, 2019 at 1:41 pm

Of course they're popular, they are all that is available, there are no other options.

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