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Building & Condo information

The Lexington

1012 Collinson St


Victoria, V8V 3C1 VI0019 - Fairfield

  • Levels: 4
  • Suites: 39
  • Status: Completed
  • Built: 1977
  • Title To Land: Frhld/strata
  • Building Type: Strata Condos
  • Strata Plan: VIS386
  • Bldg#: 11767

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The Lexington MLS® Listings

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Building Info

1012 Collinson Street, Victoria, BC V8V 3C1, Canada. Strata Plan VIS386. Crossroads are Collinson Street and Vancouver Street located in the Fairfield neighborhood in Victoria.  This development is 4-level with 39 units. Maintenance fees includes building insurance, garbage pickup, hot water, management, water and yard maintenance. Nearby Schools are Pacific School of Innovation and Inquiry, Glenlyon Norfolk School - Middle and Senior Schools, Christ Church Cathedral School, George Jay Elementary School and Esquimalt High School. Supermarkets and Grocery stores nearby are Fisgard Market Ltd.,  Quonley's Gifts & Grocery, Seven Valley Fine Food & Deli, Birdcage Confectionary Filipino Mart and Oceanic Market. Nearby parks include Pioneer Square, Chapman Park and Beacon Hill Park. Short drive to Downtown area

Strata Sub Categories: Strata Condos
 

The Lexington Technical Info

Building Name The Lexington
Address 1012 Collinson St
City Victoria
Neighborhood Fairfield
Listing Price Range N/A
Floors 4
Units in Development: 39
Units in Strata:39
Property Types Frhld/strata
Sub Categories:Strata Condos
Year Built 1977
Restrictions Details
Strata Plan VIS386
Title to Land Frhld/strata
  

The Lexington Building & Common Area Photos

1012 Collinson Street, Victoria, BC
1012 Collinson Street, Victoria, BC
1012 Collinson Street, Victoria, BC
1012 Collinson Street, Victoria, BC

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

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Other Buildings in Complex/Area

  1. A Seville - 1021 Collinson ST -
  2. B Terra Verde - 1020 Richardson ST - EPS397
  3. C Terra Verde - 1220 Richardson ST -
  4. D The Richardson - 1037 Richardson ST - VIS2951
  5. E The Westfield - 1024 Fairfield RD - VIS365
  6. F 1065 Collinson - 1065 Collinson STREET - VIS3584
  7. G Sovereign Court - 720 Vancouver ST - VIS1208
  8. H The Mary Stuart - 1035 McClure ST - VIS81
  9. I Mcclure - 1019 McClure ST - VIS303
  10. J Cedar Fair - 1025 Fairfield RD - VIS171
  11. K 936 Fairfield - 936 Fairfield RD - VIS3275
  12. L 945 Mcclure - 945 McClure ST - VIS1606
  13. M Yorkshire House - 935 Fairfield RD - VIS205
  14. N Watson Manor - 1000 McClure ST - VIS79
  15. O Pakington Manor - 1012 Pakington ST -
  16. P 923 Mcclure - 923 McClure ST - VIS5134
  17. Q Arbour Glen - 605 Cook ST - VIS449
  18. R Fairbridge - 505 Cook ST - VIS901
  19. S Chelsea - 999 Burdett AVE - EPS22
  20. T Copa Pacific - 1031 Burdett AVENUE - VIS752
  21. U El Mirador - 777 Cook ST - VIP18738
  22. V Sterling Park - 445 Cook ST - VIS3499
  23. W Lady Jane - 1120 Fairfield RD - VIS812
  24. X Richardson Court - 1120 Richardson ST - VIS3999
  25. Y 1127 Richardson - 1127 Richardson ST - VIS2194
  26. Z 1026 Southgate - 1026 Southgate ST - VIS4844
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Victoria Real Estate Board Update

Victoria Real Estate Market wraps up a relatively flat year for home sales

 

January 2, 2020  A total of 402 properties sold in the Victoria Real Estate Board region this December, 7.2 per cent more than the 375 properties sold in December 2018 and a 30.3 per cent decrease from November 2019. Sales of condominiums were up 17.5 per cent from December 2018 with 121 units sold. Sales of single family homes increased 13.8 per cent from December 2018 with 198 sold.

A grand total of 7,255 properties sold over the course of 2019, 1.47 percent more than the 7,150 that sold in 2018. 2019 sales came in at slightly under the ten-year average of 7,413 properties sold.

"Overall, our market throughout 2019 can be characterized as still active, slow to grow and low in supply," says 2019 Victoria Real Estate Board President Cheryl Woolley. "Last year we saw many prospective buyers sit on the sidelines waiting for inventory to be added. As a result of this unmet demand, there was and continues to be a push from consumers to create townhomes and condos at accessible price points. We began 2019 discussing the potential impact of various taxes and lending rules introduced by the federal and provincial governments that were designed to calm housing market activity - although this activity had already begun to slow following our hyper-active market in 2016/17. The most impactful government change we saw was the tighter mortgage lending rules, which lowered consumer borrowing power and made many unable to qualify for the value of mortgages they had in the past, therefore compressing more demand into our mid- and lower-priced property market."

There were 1,952 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2019, a decrease of 18.6 per cent compared to the month of November and a 1.8 per cent decrease from the 1,988 active listings for sale at the end of December 2018.

"Constant demand on this middle housing segment has put a moderate amount of pressure on pricing," adds Woolley. "And although we did not see huge price increases though 2019 like we did in the run up through 2016, we do see buyers entering into multiple offer situations and competing for properties. The high end of the market - over $1.5 million - has been softer, which is nice for a very small percentage of buyers in our area, but difficult on sellers who have seen some equity erode. The theme heading into 2020 does for now appear to be the limited selection of single-family homes and growth in pressure for more condos and townhomes. What remains consistent is that in this complex market, buyers and sellers value the assistance of their REALTOR® to navigate one of the biggest purchases most will make in their lifetime."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in December 2018 was $860,400. The benchmark value for the same home in December 2019 decreased by 0.6 per cent to $855,000, slightly less than November’s value of $855,400. The MLS® HPI benchmark value for a condominium in the Victoria Core area in December.

2018 was $503,000, while the benchmark value for the same condominium in December 2019 increased by 3.5 per cent to $520,700, slightly more than the November value of $517,000.

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 1,380 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

 

Frank Rudge October 2017 VREB Report