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Building & Condo information

118 Michigan

118 Michigan Street, Victoria, V8V 1R1VI0045 - James Bay

  • Levels: 2
  • Suites: 8
  • Status: Completed
  • Built: 1978
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Strata Plan: VIS759
  • Management company:  
  •  Bldg#: 8497

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Building Info

118 Michigan Street, Victoria, BC V8V 1R1, Canada. Strata plan number VIS759. Built in 1978, this development features 8, 2-storey townhouses. Crossroads are Michigan Street and Saint Lawrence Street. Maintenance fees includes management and water.

Nearby parks are Fisherman's Wharf Park and MacDonald Park. Schools nearby are James Bay Community School and South Park Elementary School. Grocery stores and supermarkets nearby are Little Gem Grocery and Finest At Sea. Walking distance to Fisherman's Wharf and Ferry Ramp.

Strata Sub Categories: Strata

118 Michigan Technical Info

Building Name 118 Michigan
Address 118 Michigan Street
City Victoria
Neighborhood James Bay
Listing Price Range N/A
Floors 2
Units in Development: 8
Units in Strata:8
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1978
Restrictions Details
Strata Plan VIS759
Title to Land Frhld/strata

118 Michigan MLS® Listings And/Or Area MLS® Listings

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118 Michigan Building & Common Area Photos

118 Michigan St, Victoria, BC
118 Michigan St, Victoria, BC
118 Michigan St, Victoria, BC
118 Michigan St, Victoria, BC

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118 Michigan Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex and/or Area

  1. 128 Michigan - 128 Michigan ST - VIS658
  2. 132 Michigan - 132 Michigan ST - VIS544
  3. 113 Superior - 113 Superior ST - VIS2774
  4. 127 Michigan - 127 Michigan STREET - VIS533
  5. Southport Village - 136 Superior ST - VIS4069
  6. 114 Ontario - 114 Ontario ST - VIS5317
  7. 320 Montreal - 320 Montreal ST - VIS426
  8. 126 Ontario - 126 Ontario ST - VIS401
  9. 134 Ontario - 134 Ontario ST - VIS369
  10. Ontario Court - 109 Ontario ST - VIS559
  11. Southport Village - 131 Kingston ST - VIP59255
  12. 209 Superior - 209 Superior ST - VIS6129
  13. Foote House - 147 Ontario ST - VIS1901
  14. Southport Village - 135 Kingston ST - VIS4069
  15. Harbourside - 630 Montreal ST - VIS1897

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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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