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Building & Condo information

1012 Terrace

1012 Terrace Ave, Victoria, V8S 3V3VI0065 - Rockland

  • Levels: 4
  • Suites: 6
  • Status: Completed
  • Built: 1909
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Strata Plan: VIS164
  • Management company:  
  •  Bldg#: 11769

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Building Info

1012 Terrace Avenue, Victoria, BC V8S 3V3, Canada. Strata plan number VIS164. Crossroads are Terrace Avenue and Oak Bay Avenue. This development is 4 storeys with 6 units. Built in 1909. Maintenance fees includes building insurance, hot water, heat, management and yard maintenance. Nearby park is Terrace Park. Schools nearby are Glenlyon Norfolk School Middle and Senior Schools, Central Middle School, Victoria High School and Oak Bay Secondary. Grocery stores and supermarkets nearby are Stadacona Food Market and Save-On-Foods. Walking distance to Canada Post and Eastbound Oak Bay at McGregor bus stop. Short drive to Royal Jubilee Hospital, Craigdarroch Castle and Downtown area.

Strata Sub Categories: Strata

1012 Terrace Technical Info

Building Name 1012 Terrace
Address 1012 Terrace Ave
City Victoria
Neighborhood Rockland
Listing Price Range N/A
Floors 4
Units in Development: 6
Units in Strata:6
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1909
Restrictions Details
Strata Plan VIS164
Title to Land Frhld/strata

1012 Terrace MLS® Listings And/Or Area MLS® Listings

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1012 Terrace Building & Common Area Photos

1012 Terrace Avenue, Victoria, BC
1012 Terrace Avenue, Victoria, BC
1012 Terrace Avenue, Victoria, BC
1012 Terrace Avenue, Victoria, BC

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1012 Terrace Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex and/or Area

  1. Bowser Manor - 1001 Terrace AVE - VIS770
  2. Rockland Oaks - 1027 Belmont AVE - VIS1867
  3. Biggerstaff Wilson House - 1770 Rockland AVE - EPS407
  4. The Rockland - 1033 Belmont AVE - VIS1578
  5. Wemblay Manor - 1665 Oak Bay AVE - VIS286
  6. Winton House - 1792 Rockland AVE - VIS166
  7. Coldharbour Lane - 1527 Coldharbour ROAD - VIS1620
  8. Forest Hill - 1518 Pandora AVE - VIS1136
  9. Ascot House - 1537 Morrison ST - VIS1701
  10. 1521 Belcher - 1521 Belcher AVE - VIS5310
  11. Morrison Manor - 1619 Morrison ST - VIS1220
  12. 1540 Belcher - 1540 Belcher AVENUE - EPS2717
  13. Hochelaga - 1715 Rockland AVE - VIS1279
  14. Le Mansion - 1741 Oak Bay AVE - VIS3060
  15. Lonsdale Court - 1611 Belmont AVE - VIS178

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Area Rentals

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Victoria Real Estate Board Update

High Demand Continues as Inventory Shrinks in the Victoria Housing Market

 

December 1 2016, Victoria, BC

A total of 599 properties sold in the Victoria Real Estate Board region this November, 4.5 per cent more than the 573 properties sold in November last year.

Inventory levels remain lower than last year, with 1,815 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of November 2016, 38.5 per cent fewer than the 2,952 active listings at the end of November 2015.

"Our current housing market is in a strong cycle due to many factors, including our current positive economic conditions, baby boomers retiring here, millennial buying cycles, a low Canadian dollar keeping folks closer to home and our favourable living conditions," notes Mike Nugent, 2016 President of the Board. "These factors and others, in combination with ongoing low inventory mean demand for housing is up, particularly in those areas close to the core and amenities."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in November 2015 was $608,600. The benchmark value for the same home in November 2016 has increased by 23.9 per cent to $753,800.

"Foreign buyers are another factor that affects our local housing market. The provincial government is considering implementation of a local tax on foreign buyers to ensure pressure on pricing from that source remains mitigated," adds President Nugent. "While October data shows an increase in foreign buyers into the Capital Regional District compared to previous months, their 6.3 per cent of property transfers indicate that these buyers are one factor in the marketplace. A much larger factor affecting affordability and availability right now is the lack of inventory. An effective method to address housing affordability issues could be through efforts to increase the supply of housing, either through adjustments to zoning or density."

About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,320 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.

View our press release and summary here.

View our complete statistical package here

For More Information 

Victoria Real Estate Board
Denise Hogue, Communications Manager

Phone: 250-920-4652

 

 

Victoria Real Estate Sales September 2016

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Mandarin 
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Victoria News articles Search Victoria News 

# Article Publish Date Source
1 Value of downtown condos could soar as Victoria considers ban on AirBnB zoning
City of Victoria moving toward restricting transient zoning, also known as hotel-like or short term rental usage.
Transient Zoning in Victoria will be restricted #LesTwarog
2017/01/21 The Vancouver Sun
2 Victoria councillors petition provincial government for vacancy tax
Two Victoria councillors want a tax on vacant homes and implementation of the 15% foreign buyers tax.
Councillors call for vacant home tax #LesTwarog
2017/01/20 Mortgage Broker News
3 Extend foreign buyer home tax to capital region, two Victoria councillors urge
The two Victoria councillors want to tax vacant property and add the foreign buyers 15% tax to property.
Spread foreign buyer tax, councillor says #LesTwarog
2017/01/19 The Province
4 Stronger migration bolstering Victoria real estate
Inbound migration to Victoria is predicted to play role in increase home prices.
More demand then supply from migrants #LesTwarog
2017/01/13 REP
5 Victoria faces property shortages while more move in for lifestyle change
The Victoria Real Estate Board expects fewer migrants but prices still rising.
Flowers are blooming and the property buyers are coming #LesTwarog
2017/01/10 The Vancouver Sun
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