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You are here: BC > Victoria > Fairfield > 505 Cook St > Fairbridge
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Building & Condo information

Fairbridge

505 Cook St, Victoria, V8V 3Y4VI0019 - Fairfield

  • Levels: 4
  • Suites: 31
  • Status: Completed
  • Built: 1980
  • Title To Land: Frhld/strata
  • Building Type: Strata Condos
  • Strata Plan: VIS901
  • Management company:  
  •  Bldg#: 12569

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Building Info

Fairbridge at 505 Cook Street, Victoria, BC V8V, Canada, Strata Plan Number VIS901, 4 levels, 31 units in the development and was built in 1980. The nearest crossroads are Cook Street and Fairfield Road. Maintenance fees include building insurance, garbage pickup, management, water and yard maintenance; Also the building has the elevator and secure underground. Short walk to the ocean on Dallas road, stroll downtown to the Inner Harbour and near the transit stops. Nearby parks include Chapman Park, Pioneer Square and Porter Park. Nearby Schools are Central Middle School, Sir James Douglas Elementary School, Study Victoria and Victoria High School. Supermarkets and Grocery Stores nearby are Market On Yates, Oxford Foods, thrifty Foods, Quonley's Gifts & Groccery, Little Gem Grocery and Fisgard Market Ltd.

Strata Sub Categories: Strata Condos

Fairbridge Technical Info

Building Name Fairbridge
Address 505 Cook St
City Victoria
Neighborhood Fairfield
Listing Price Range N/A
Floors 4
Units in Development: 31
Units in Strata:31
Property Types Frhld/strata
Sub Categories:Strata Condos
Year Built 1980
Restrictions Details
Strata Plan VIS901
Title to Land Frhld/strata

Fairbridge MLS® Listings And/Or Area MLS® Listings

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Fairbridge Building & Common Area Photos

Fairbridge - 505 Cook Victoria BC
Fairbridge - 505 Cook Victoria BC
Fairbridge - 505 Cook Victoria BC
Fairbridge - 505 Cook Victoria BC

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Other Buildings in Complex and/or Area

  1. Lady Jane - 1120 Fairfield RD - VIS812
  2. Sterling Park - 445 Cook ST - VIS3499
  3. 1065 Collinson - 1065 Collinson STREET - VIS3584
  4. Arbour Glen - 605 Cook ST - VIS449
  5. Village Park - 439 Cook ST - VIS1010
  6. Cedar Fair - 1025 Fairfield RD - VIS171
  7. The Westfield - 1024 Fairfield RD - VIS365
  8. Brownstone - 451 Chester AVE - EPS773
  9. Seville - 1021 Collinson ST -
  10. Castleholm Manor - 1122 Hilda ST - VIS25
  11. 1127 Richardson - 1127 Richardson ST - VIS2194
  12. 523 Trutch - 523 Trutch STREET - EPS471
  13. 535 Trutch - 535 Trutch ST - VIS2893
  14. Faircrest - 1158 Fairfield RD - VIS1885
  15. Waltham House - 1101 Hilda ST - VIS212

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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

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
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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