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You are here: BC > Saanich West > SW Royal Oak > 740 Travino Lane > 740 Travino Lane
Page Views: 146
Building & Condo information

740 Travino Lane

740 Travino Lane, Saanich West, V8Z 0C6SW0320 - SW Royal Oak

  • Levels: 4
  • Suites: 61
  • Status: Completed
  • Built: 2015
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Management company:  
  •  Bldg#: 12716

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Building Info

“740 Travino Lane” at 740 Travino Lane is located in SW Royal Oak, Victoria & was built in 2015 with 29 suites over 4 levels.

Strata Sub Categories: Strata

740 Travino Lane Technical Info

Building Name 740 Travino Lane
Address 740 Travino Lane
City Saanich West
Neighborhood SW Royal Oak
Listing Price Range N/A
Floors 4
Units in Development: 29
Units in Strata:61
Property Types Frhld/strata
Sub Categories:Strata
Year Built 2015
Restrictions Details
Title to Land Frhld/strata

740 Travino Lane MLS® Listings And/Or Area MLS® Listings

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740 Travino Lane Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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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 Victoria councillors petition provincial government for vacancy tax
Two Victoria councillors want a tax on vacant homes and implementation of the 15% foreign buyers tax.
Councillors want vacant home tax #LesTwarog
2017/01/20 Mortgage Broker News
2 Q&A with Kijiji’s head of real estate
An interview with Kijjiji on real estate.
Kijjiji is popular with people looking for rentals #LesTwarog
2017/01/20 Canadian Real Estate Wealth
3 First-time buyers need genuine help, not coddling - analyst
CMHC hopes the premium hike will stabilize or lower home prices so first time buyers can purchase homes.
CMHC premium hike to help consumers #LesTwarog
2017/01/20 Canadian Real Estate Wealth
4 Trump effect: US searches for Canadian real estate surge
Canada is a desirable destination for migrants. Since the US presidential election hundreds of inquires into Canadian property have been received by real estate companies.
US residence look to Canada for real estate #LesTwarog
2017/01/20 Canadian Real Estate Wealth
5 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
More News

Victoria News articles Search Victoria News 

# Article Publish Date Source
1 Victoria councillors petition provincial government for vacancy tax
Two Victoria councillors want a tax on vacant homes and implementation of the 15% foreign buyers tax.
Councillors call for vacant home tax #LesTwarog
2017/01/20 Mortgage Broker News
2 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
3 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
4 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
5 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