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Building & Condo information

1040 Kenneth St

1040 Kenneth St
Saanich East, V8X 3J5 SE0215 - SE Lake Hill

  • Levels: 2
  • Suites: 22
  • Status: Completed
  • Built: 1975
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Management company:  Confidential
  • Bldg#: 8473

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Building Info

1040 Kenneth Street, Victoria, BC V8X 2K7, Canada. It has 22, 2-storey townhouses that were built in 1975. Crossroads are Cedar Hill Cross Road and Hodgson Place. Close to Christmas Hill Nature Sanctuary, Rainbow Ridge Park, Kumon Math & Reading Centre, Reynolds Secondary, Saint Andrew's Regional High, St. Margaret's School,  Lake Hill Elementary, Thrifty Foods, Mediterranean Speciality Foods and Planet Organic Market.

Maintenance fees includes building insurance, garbage pickup, water and yard maintenance.

Strata Sub Categories: Strata

1040 Kenneth St Technical Info

Building Name 1040 Kenneth St
Address 1040 Kenneth St
City Saanich East
Neighborhood SE Lake Hill
Listing Price Range N/A
Floors 2
Units in Development: 6
Units in Strata:22
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1975
ManagementConfidential
Restrictions Details
Title to Land Frhld/strata

1040 Kenneth St MLS® Listings And/Or Area MLS® Listings

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1040 Kenneth St Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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  3. C The Brix - 4040 Borden STREET - EPS694
  4. D The Brix - 4030 Borden STREET - EPS694
  5. E Lakewood Estates - 4041 Saanich RD -
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Area Rentals From Craigslist

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Area Rentals From Padmapper

Victoria Real Estate Board Update

Victoria Real Estate Market Slowly Stabilizing after a Record Breaking 2016

 

November 1, 2017 A total of 664 properties sold in the Victoria Real Estate Board region this October, 9.7 per cent fewer than the 735 properties sold in October last year.

"As expected, we saw fewer sales than this time last year," notes Victoria Real Estate Board President Ara Balabanian. "Looking at the longer term picture however, sales last month were 17.1 per cent above the ten year average of 567 properties for the month of October, so the market is still very active here in Victoria, and this is in spite of the ongoing low inventory levels."

There were 1,905 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of October 2017, a decrease of 3.6 per cent compared to the month of September and 1.7 per cent fewer than the 1,938 active listings for sale at the end of October 2016.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in October 2016 was $752,000. The benchmark value for the same home in October 2017 has increased by 9.3 per cent to $821,900, but is lower than July's value of $834,200.

"The fact that we've seen such a controlled levelling off in the market directly following a year which felt so uncontrollable in terms of demand and pressure on prices illustrates the depth and stability of the Victoria market. An unstable market may have experienced a heavy correction or shift, whereas in our market sales are moderating at a reasonable rate." adds President Balabanian. "In the coming months we expect to see less inventory on the market, because the year end changes buyer and seller behaviours, their focus shifts to holidays and winter weather. One unknown influence that may play on the winter market is the upcoming mortgage stress test. Some buyers may move their purchasing timelines forward to make their home purchases before the stress test on uninsured buyers (those with a downpayment of 20 per cent or more) becomes required January 1."

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 1,364 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

Frank Rudge Victoria Market Report for May 2017

Sales were down 22% for may over last year. Listings are up 12% from last year.
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Victoria News articles Search Victoria News 

# Article Publish Date Source
1 Victoria developers unleash new real estate projects
Booming real estate developments are planned for the Victoria area to fill the vacancy and affordability short falls.
The Capital region is roaring into 2018 with multi-billion-dollar developments
2018/01/03 Western Investor
2 Victoria Airport Authority green lights $35-million retail project
Sidney Crossing retail project near Victoria International Airport is a go.
The Sidney Crossing development is expecting a permit within the next few mont
2017/11/22 Western Investor
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