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You are here: BC > Saanich East > SE Broadmead > 895 Royal Oak Ave > Gatewood Villa
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Building & Condo information

Gatewood Villa

895 Royal Oak Ave, Saanich East, V8X 3T3SE0175 - SE Broadmead

  • Levels: 2
  • Suites: 27
  • Status: Completed
  • Built: 1989
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Management company:  Strata
  •  Bldg#: 8760

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Building Info

Gatewood Villa at 895 Roayal Oak Avenuem Victoria, BC V8X 3T2, Canada.  A 2-level 27 units townhouse development was built in 1989.  Gatedwood Villa townhouse development located in the heart of Broadmead, views over the Rithets Bog Nature Sanctuary and Olympic Mountains.  Minutes from downtown Victoria and Saanich Peninsula.

Crossroads are Royal Oak Avenue and Carolwood Drive. Maintenance fees include caretaker, management and water.
Managed by Strata.

Strata Sub Categories: Strata

Gatewood Villa Technical Info

Building Name Gatewood Villa
Address 895 Royal Oak Ave
City Saanich East
Neighborhood SE Broadmead
Listing Price Range N/A
Floors 2
Units in Development: 8
Units in Strata:27
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1989
ManagementStrata
Restrictions Details
Title to Land Frhld/strata

Gatewood Villa MLS® Listings And/Or Area MLS® Listings

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Other Buildings in Complex and/or Area

  1. The Gardens - 899 Royal Oak AVE -
  2. Quail Run - 909 Carolwood DR - VIS1485

Click on the map to go to LIVE map of Saanich East.

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

Real Estate Related News Articles(Sun and Province) Search News  

# Article Publish Date Source
1 Call for housing affordability task force
Ontario Real Estate Association says they are facing critical housing shortages.
Ontario unaffordable for first time buyers #LesTwarog
2017/01/19 Canadian Real Estate Wealth
2 Manage your risk by carefully scrutinizing depreciation reports
First time home buyers often overlook some of the finer details in the strata reports. If there are hidden costs not disclosed you can dispute them.
Focus on future costs as well #LesTwarog
2017/01/19 The Province
3 Zetter Place 8520 204th Street Langley 82 townhomes by Lanstone Homes
The design of Zetter Place by Lisa Hansen is shown.
Zetter Place merges country living with an ‘urban esthetic’ #LesTwarog
2017/01/19 The Province
4 Overheated markets fertile ground for fraud
Equifax Inc. revealed mortgage fraud on the rise in Canada's heated real estate market.
Mortgage fraud on the increase #LesTwarog
2017/01/18 REP
5 Price growth showing no signs of halting anytime soon - report
The National House Price Composite report shows prices are still on the rise.
Canadian residential real estate prices increasing #LesTwarog
2017/01/18 Canadian Real Estate Wealth
More News

Victoria News articles Search Victoria News 

# Article Publish Date Source
1 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
2 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
3 Tight inventory will maintain price growth for Victoria
Sales in the Victoria area will be slower but prices will still increase.
Sales to be moderate in 2017 #LesTwarog
2017/01/10 REP
4 Foreign buyers double in month in Victoria-area housing market
Housing sales in Victoria on the rise from foreign buyers.
Foreign buyers switched to Victoria #LesTwarog
2016/11/30 The Vancouver Sun
More News