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Building & Condo information

The Leiser Building

524 Yates Street, Victoria, V8W 1K8VI0015 - Downtown

Official Website: www.lefevregroup.com/projects/pastprojects.html#leiser Developers Website: www.lefevregroup.com
  • Levels: 3
  • Suites: 32
  • Status: Completed
  • Built: 2008
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Strata Plan: VIS6630
  • Management company:  
  •  Bldg#: 12581

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Building Info

The Leiser Building - 524 Yates Street, Victoria, BC V8W 1K8, Canada. Strata plan number VIS6630. Crossroads are Yates Street and Government Street. This mixed-use development is 3 storeys with 24 units. Renovated in 2008. Maintenance fees includes building insurance, garbage pickup, management, water and yard maintenance. Developed by Lefevre & Company. Architectural design by Insideout Planning & Architecture Ltd..

Two of the most important historic commercial structures in Victorias Old Town District. Built in 1896 by grocery wholesaler Simon Leiser, the building boasted the latest in technology. Two sets of tracks, complete with turntables, allowed freight to be loaded or unloaded in both directions to and from a large electrically powered freight elevator. It also featured: "a well ventilated, cement-floored basement, hot water heating and cigar and smoking rooms". Now, with a spacious courtyard, the refurbished Leiser Building offers the latest in modern amenities to residents in the heart of downtown Victoria.

Nearby parks include Reeson Park, Quadra Park and Pioneer Square. Nearby Schools are Pacific Design Academy, James Bay Community School, St. Patrick's Elementary School, Glenlyon Norfolk School - Middle and Senior Schools, Victoria International High School Programs, Esquimalt High School, Margaret Jenkins Elementary School and Island Catholic Schools Diocese of Victoria. Supermarkets and Grocery Stores Fisgard Market Ltd., Seven Valley Fine Foods & Deli, Quonley's Gifts & Grocery, Tai Sang Grocery and Bay Grocery Store. Short drive to Downtown area and Admirals Walk.

Other building in complex: The Leiser Building - 534 Yates ST

Official Website: www.lefevregroup.com/projects/pastprojects.html#leiser
Strata Sub Categories: Strata

The Leiser Building Technical Info

Building Name The Leiser Building
Address 524 Yates Street
City Victoria
Neighborhood Downtown
Listing Price Range N/A
Floors 3
Units in Development: 24
Units in Strata:32
Property Types Frhld/strata
Sub Categories:Strata
Year Built 2008
Developer Le Fevre & Company
Architect Name InsideOut Planning &
Architect Phone (250) 656-6640
Architect Email mail@insideoutarch.ca
Architect Email mail@insideoutarch.ca
Official Website www.lefevregroup.com/proj
Restrictions Details
Strata Plan VIS6630
Title to Land Frhld/strata

The Leiser Building MLS® Listings And/Or Area MLS® Listings

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The Leiser Building Building & Common Area Photos

524 Yates Street, Victoria, BC V8W 1K8, Canada Exterior
524 Yates Street, Victoria, BC V8W 1K8, Canada Kitchen
524 Yates Street, Victoria, BC V8W 1K8, Canada Loft
524 Yates Street, Victoria, BC V8W 1K8, Canada Kitchen

Videos

The Leiser Building Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex and/or Area

  1. The Leiser Building - 534 Yates STREET - VIS6630
  2. The Oriental - 562 Yates STREET - EPS460
  3. Waddington Alley Flats - 1310 Waddington ALLEY - EPS2086
  4. 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  5. Victoria Regent - 1234 Wharf ST - VIS962
  6. Station Hotel - 501 Pandora AVE - VIS1580
  7. 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
  8. 1441 Store - 1441 Store STREET - VIS1580
  9. 595 Pandora - 595 Pandora AVENUE -
  10. Union - 528 Pandora AVE - EPS1833
  11. 1407 Government - 1407 Government ST - VIS1633
  12. The E.G. Prior Building - 1401 Government ST - VIS1633
  13. 1610 Store St - 1610 Store ST -
  14. Swans Hotel Pub & Cafe - 510 Pandora AVE -
  15. Monaco - 610 Johnson ST - VIS6304

Click on the map to go to LIVE map of Victoria.

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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1 Value of downtown condos could soar as Victoria considers ban on AirBnB zoning
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Transient Zoning in Victoria will be restricted #LesTwarog
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2 Victoria councillors petition provincial government for vacancy tax
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Councillors call for vacant home tax #LesTwarog
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3 Extend foreign buyer home tax to capital region, two Victoria councillors urge
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Spread foreign buyer tax, councillor says #LesTwarog
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4 Stronger migration bolstering Victoria real estate
Inbound migration to Victoria is predicted to play role in increase home prices.
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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
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