You are here: BC > Victoria > Fernwood > 1786 Albert Ave > Richmond Mews
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You are here: BC > Victoria > Fernwood > 1786 Albert Ave > Richmond Mews
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Building & Condo information

Richmond Mews

1786 Albert Ave, Victoria, V8R 1Z1VI0030 - Fernwood

  • Levels: 3
  • Suites: 9
  • Status: Completed
  • Built: 1975
  • Title To Land: Frhld/strata
  • Building Type: Strata Townhouses
  • Strata Plan: VIS222
  • Management company:  Self Managed
  •  Bldg#: 8551

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Building Info

Richmond Mews - 1786 Albert Avenue, Victoria, BC V8R 4L3, Canada. Strata Plan VIS222. Crossroads are Richmond Road and Albert Avenue located in Victoria. This townhouse has 3 storeys with 9 units. Completed 1975. Maintenance fees include Building Insurance, Garbage Pickup, Water and Yard Maintenance.

Nearby Schools are St. Michaels University School, Glenlyon Norfolk School - Middle and Senior Schools, Professor Oak Bay Secondary, Victoria International High Programs, Victor School, St. Patrick's Elementary School, St. Patrick's Elementary School and Sir James Douglas Elementary School. Supermarkets and Grocery Stores nearby are Market On Yates Quonley's Gifts & Groceru, Fisgard Market Ltd., Blair Mart Mediterranean Foods, Little Gem Grocery, Thrifty Foods, Whole Foods Market and Stadacona Food Market. Nearby parks include Redfern Park, Oaklands Park and David Spencer Park. Short drive to Downtown area, Royal Jubilee, Songhees and Tillicum Mall.

Strata Sub Categories: Strata Townhouses

Richmond Mews Technical Info

Building Name Richmond Mews
Address 1786 Albert Ave
City Victoria
Neighborhood Fernwood
Listing Price Range N/A
Floors 3
Units in Development: 9
Units in Strata:9
Property Types Frhld/strata
Sub Categories:Strata Townhouses
Year Built 1975
ManagementSelf Managed
Restrictions Details
Strata Plan VIS222
Title to Land Frhld/strata

Richmond Mews MLS® Listings And/Or Area MLS® Listings

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Richmond Mews Building & Common Area Photos

1786 Albert Avenue, Victoria, BC
1786 Albert Avenue, Victoria, BC
1786 Albert Avenue, Victoria, BC
1786 Albert Avenue, Victoria, BC

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Other Buildings in Complex and/or Area

  1. 1731 Albert - 1731 Albert AVENUE - EPS1726
  2. 2116 Richmond - 2116 Richmond ROAD - VIS4856
  3. Park Place - 2211 Shelbourne ST -
  4. Nova - 1615 Bay ST - EPS461

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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 Affordability at benchmark of 4.64% for insured mortgages 5-yr term 25-year amortizatio
Affordability charts by Lionsview Mortgages.
Qualification Chart at 4.64% benchmark with 25-year Amortization #LesTwarog
2017/01/16 other
2 Affordability at conventional uninsured rate of 2.94% 5-year term with 25-year amortization
Affordability charts by Lionsview Mortgages on uninsured mortages
Charts showing how much a new home buyer qualifies for based on an uninsured r
2017/01/16 other
3 Affordability at conventional uninsured rate of 2.69% 5-year term with 25-year amortization
Affordability charts from Yiannis Andreou - Lionsview Mortgages Inc.
Charts showing how much a new home buyer qualifies for based on an insured rat
2017/01/16 other
4 Home Resales and Price Forecast Canadian Housing by RBC
Home price forecast from RBC
RBC Forecast on Canadian Home prices
2017/01/16 other
5 Terant Nationa Bank House Price Index
Stats on the National housing prices in Canada
House prices up 0.2% in November #LesTwarog
2017/01/16 other
6 RE/MAX Housing Market Outlook 2017
The report covers all of Canada province by province.
2017 Report From RE/MAX #LesTwarog
2017/01/16 other
7 Promenade at the Quay 118 Carrie Cates North Vancouver 117 two and three bedroom homes 844 – 1290 square feet by Polygon Promenade at The Quay Homes Ltd
Lower Lonsdale in North Vancouver offers Promenade by PolyHomes.
Lower Lonsdale project a short SeaBus ride from downtown #LesTwarog
2017/01/14 The Vancouver Sun
8 BC Home Sales Post Record Year
BCREA sales report for BC real estate for 2016.
BCREA report for January 2017
2017/01/13 BCREA
9 BC HOUSING Second Mortgage Financing Guidelines
Complete guide on the government's assistance program for home purchases.
The BC Home Owner Mortgage and Equity Partnership assistance guidelines #LesTwarog
2017/01/13 other
10 BC sets real estate record
112,209 total residential homes sold in 2016 across BC. This is up 9,5% year-over-year.
2016 say highest sales on record #LesTwarog
2017/01/13 Mortgage Broker News
11 Stronger migration bolstering Victoria real estate
Migrants from other parts of the country are taking advantage of Victoria's strong fundamentals.
More demand then supply from migrants #LesTwarog
2017/01/13 REP
12 Brokerage releases annual real estate report
A price correction is expected in the major cities across Canada. A figure of 8.5% is being discussed.
Price correction is expected across the country #LesTwarog
2017/01/12 REP
13 Sub-prime lenders in risky lending deals
MIC loans are not regulated by new mortgage rules.
Unregulated Mortgage Investment Corporations avoid rules #LesTwarog
2017/01/12 Canadian Real Estate Wealth
14 Greater Vancouver Home Prices to Slide 8.5% in 2017: Royal LePage
The foreign tax and China's exchange rules may slow sales from abroad, but low supply will be the main driving force on home prices in 2017.
“As sanity returns to the marketplace” and foreign investment wanes, local
2017/01/12 REW
15 Home prices to drop almost 9% across Greater Vancouver: Royal LePage
Decreasing affordability and falling consumer confidence expected to contribute to cooling home prices in 2017.
Home prices to cool in 2017 #LesTwarog
2017/01/12 Vancouver Courier
16 Condo king Bob Rennie sues Vancouver developer, multi-billion-dollar pension funds for unpaid fees
Rennie Marketing Systems in suing Shape Properties Corp. for unpaid services related to the Brentwood development and the City of Lougheed.
Rennie seeks $16 million in suit against developer over alleged unpaid fees #L
2017/01/12 The Vancouver Sun
17 Imperial at 5051 Imperial Street Burnaby 169 one, two and three bedroom homes and 13 townhomes by Amacon Development
Imperial condo development brings in the designs that make luxury hotels luxurious.
Imperial’s condos feature sophisticated design work that aims to provide a g
2017/01/12 The Province
18 CMHC-insured mortgages keeping the national financial system afloat
A report by Kroll Bond Rating Agency stated that real estate is keeping the economy afloat.
The Canadian housing sector key to national economy #LesTwarot
2017/01/11 Mortgage Broker News
19 Foreign buyer’s tax played a major role in slowing down overseas entry - analyst
The BC Finance Ministry showed a decline in foreign investors in Vancouver real estate.
Overseas capital slowed into Vancouver real estate #LesTwarog
2017/01/11 Mortgage Broker News
20 Kelowna as one of B.C.’s most promising markets
Property assessment in Kelowna has increased by %16.
BC southern interior a desirable market #LesTwarog
2017/01/11 Mortgage Broker News
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