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

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The Leiser Building Building & Common Area Photos Slideshow (Click To Enlarge)   (Slideshow)   (Print View)

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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Please click the image above to view respective full map. This will open in a new window.

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. The Vogue - 599 Pandora AVE - VIS6012

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

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

# Article Publish Date Source
1 Keep on top of conflicts before they are an issue
Strata owners working on a major construction projects on the strata building have to disclose any conflict of interest.
Council members have specific limitations imposed by act #LesTwarog
2016/12/08 The Province
2 The Columbia at 285 Nelson’s Court New Westminster 242 homes in a 26-storey tower by Wesgroup Properties
The Columbia at Brewery District in New Westminster has several points of interest for homebuyers.
The Columbia at Brewery District fashioned to reflect New Westminster’s char
2016/12/08 The Province
3 Rising house values lock more Metro Vancouver residents out of homeowners' grant
Inflation of house prices past $1.2 million makes it difficult for owners on fixed income to pay taxes.
A 50 % increase in assessed value will keep most from grant
2016/12/08 The Province
4 Debt, delinquency rates rise in oil producing provinces
Canadians are increasing their debt load, but are managing the debt overall.
Debt increases by 3.6 per cent #LesTwarog
2016/12/08 REP
5 Edmonton prices gain despite higher inventory
Single family home prices rose 1.76%. Condos dropped slightly.
Home prices for most property typed continue to rise
2016/12/06 REP
6 BC Commercial Leading Indicator Continues to Push Higher
The BCREA Commercial indicator increased 0.48 points to 122.7 in the second quarter of 2016.
Job growth in key sectors and consumer demand led to a higher 3rd quarter #LesTwarog
2016/12/05 BCREA
7 Westside at Orchard Grove 16422 26th Avenue South Surrey 53 single family detached homes by Miracon
Westside development has the Orchard series and the Signature series floor plans.
Myriad options on offer at Miracon's Westside #LesTwarog
2016/12/03 The Vancouver Sun
8 Richmond firm New Coast Realty fined by Real Estate Council for unlicensed services
Two years after an audit for unlicensed services the New Coast Realty was fined $7,500 by BC Real Estate Council.
New Coast Realty fined for unlicensed services #LesTwarog
2016/12/03 The Vancouver Sun
9 More data on foreign ownership sorely needed – analyst
More data is needed to fully understand the Canadian real estate current conditions of high prices, high demand and low inventory.
Foreign ownership plays only a minor role in the record-breaking price increas
2016/12/02 Mortgage Broker News
10 CMHC: Foreign buyers are not the problem
Foreign buyers own only 2.2 per cent of condos in Vancouver. The domestic market is the driving force behind the high prices.
High prices a Vancouver problem #LesTwarog
2016/12/02 Mortgage Broker News
11 Foreign buyers double in month in Victoria-area housing market
Sales to foreign buyers in the Victoria area jumped to 6.3 percent in October.
Foreign buyers switched to Victoria #LesTwarog
2016/12/01 The Vancouver Sun
12 New tribunal aims to streamline resolutions for strata disputes
Tony further explains the Civil Resolution Tribuanal of B.C.
Tribunal to help resolve strata disputes
2016/12/01 The Province
13 Allwood Place 2800 Allwood Street Abbotsford 32 townhomes plus the Alder Club in the 1st phase of 224 townhouses total by The Onni Group
Allwood Place show home interior by Dianna Sung is highlighted.
Shapes provide building blocks for decor of Onni Group’s townhomes in Abbots
2016/12/01 The Province
14 6 ways safety influences Chinese when investing abroad
Chinese buyers put safety at the top of their agenda when making a purchase.
Chinese buyers will put an estimated $220 billion into overseas property by 20
2016/12/01 other
15 Foreign ownership still low says CMHC
Foreign owners prefer newer and larger condo complexes.
Foreign ownership is one factor influencing the Canadian real estate market #L
2016/12/01 REP
16 Forecasts and foreclosures: What does newest Metro Vancouver real estate prediction mean?
Owners who can't pay the mortgage in a hot market can sell or refinance. But when prices drop foreclosures go up.
Foreclosures are governed by the rise and fall of real estate prices
2016/11/30 The Province
17 B.C. home prices expected to drop
The average home price is predicted to drop 6.4 percent in 2017.
Industry association’s chief economist points to foreign buyer tax as one fa
2016/11/30 The Province
18 BC Home Sales to Decline in 2017 from Record Pace
The British Columbia Real Estate Association (BCREA) released its 2016 Fourth Quarter Housing Forecast.
BCREA 2016 Fourth Quarter Housing Forecast #LesTwarog
2016/11/29 BCREA
19 Airbnb, New York settle suit on short-term sublet law
The new law in NYC restricts short-term rentals in the city. Airbnb can't advertise rentals shorter then 30 days. If they do there is a $7500 fine.
New York City bands short-term rentals
2016/11/28 other
20 Triomphe 1904 Gilmore Avenue Burnaby 340 homes in a 46 storey tower by Millennium Development Group
Triomphe is one block from the city limit of Vancouver. Ideal for first time buyers.
‘This is as close to Vancouver as you can get without paying Vancouver price
2016/11/26 The Vancouver Sun
More News