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Sutlej Mews

1060 Sutlej Street
Victoria, V8V 2V8 VI0019 - Fairfield

Marketers Website: www.remax-camosun-victoria-bc.com
  • Levels: 2
  • Suites: 7
  • Status: Completed
  • Built: 1990
  • Title To Land: Frhld/strata
  • Building Type: Strata Townhouses
  • Strata Plan: VIS1926
  • Bldg#: 8478

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Sutlej Mews MLS® Listings

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Building Info

Sutlej Mews - 1060 Sutlej Street, Victoria, BC V8V 2V8, Canada. Strata plan number VIS1926. Crossroads are Sutlej Street and Cook Street. Built in 1990, this townhouse complex features 7, 2-storey units. Maintenance fees includes building insurance garbage pickup, water and yard maintenance.

A short walk to Beacon Hill Park. Schools nearby are Sir James Douglas Elementary, South Park Elementary School, Elizabeth Buckley Middle School, Christ Church Cathedral School and Central Middle School. Steps away from Mother Nature's Market & Deli, McLennan's Island Meat & Seafood and Oxford Foods. Other grocery stores and supermarkets nearby are Fairfield Market, Moss Street Market and Market On Yates. Walking distance to Beacon Hill Tennis Courts, Fairfield Health Centre, coffee shops, shopping stores and restaurants.

Sales Centre: www.remax-camosun-victoria-bc.com
Strata Sub Categories: Strata Townhouses
 

Sutlej Mews Technical Info

Building Name Sutlej Mews
Address 1060 Sutlej Street
City Victoria
Neighborhood Fairfield
Listing Price Range N/A
Floors 2
Units in Development: 7
Units in Strata:7
Property Types Frhld/strata
Sub Categories:Strata Townhouses
Year Built 1990
Restrictions Details
Strata Plan VIS1926
Title to Land Frhld/strata
  

Sutlej Mews Building & Common Area Photos

1060 Sutlej St, Victoria, BC
1060 Sutlej St, Victoria, BC
1060 Sutlej St, Victoria, BC
1060 Sutlej St, Victoria, BC

Sutlej Mews Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Essencia Verde - 1035 Sutlej ST - VIS7041
  2. B Sutlej Mews - 1280 Sutlej ST -
  3. C Essencia Verde - 240 Cook STREET - VIS7041
  4. D 313 Cook - 313 Cook ST - VIS2220
  5. E 1013 Pendergast - 1013 Pendergast ST - VIS6230
  6. F 1035 Oliphant - 1035 Oliphant AVENUE - VIP917
  7. G 1041 Southgate - 1041 Southgate STREET - EPS326
  8. H Southgate Villa - 1063 Southgate STREET - VIS2529
  9. I Glenmuir Place - 1121 Oscar ST - VIS1911
  10. J The Fairhaven - 1035 Southgate ST -
  11. K 225 Vancouver - 225 Vancouver ST - VIS5057
  12. L 306 Vancouver - 306 VANCOUVER STREET - VIS6893
  13. M Admirals Landing - 1009 Southgate ST - VIS4224
  14. N Southgate Manor - 1060 Southgate ALLEY - VIS4008
  15. O Minton House - 1070 Southgate ST - VIS3631
  16. P Villa Royale - 964 Heywood AVE - VIP22625
  17. Q Southgate - 1040 Southgate ALLEY -
  18. R Edgemount Villa - 909 Pendergast ST - VIP19984
  19. S 1026 Southgate - 1026 Southgate ST - VIS4844
  20. T East Park - 1050 Park BLVD - VIS189
  21. U The Midlands - 1110 Oscar ST - VIS1141
  22. V Blair House - 978 Heywood AVE - VIS69
  23. W 8 on the Park - 1014 Park BLVD - EPS2910
  24. X Parkwood Place - 1000 Park BLVD - VIS1762
  25. Y Waltham House - 1101 Hilda ST - VIS212
  26. Z 1145 Oscar - 1145 Oscar ST - VIS5981
View All Buildings in Victoria

Area Rentals From Craigslist

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Area Rentals From Padmapper

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

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 poised to become a sellers' market in 2020
Victoria's housing market is expected to be favourable for home sellers next year, according to the latest outlook by RE/MAX. While conditions are likely to be balanced as 2020 unfolds, RE/MAX said the conditions in the British Columbian capital are expected to lean towards a sellers' market. In fact, the region's average sale price is projected to increase by 3% to $698,661 over the next 12 months as demand remains high and supply remains limited. "Housing affordability continues to challenge buyers in this region when it comes to homeownership and rentals due to lack of supply. Demand for condos continues to rise as many first-time homebuyers can afford this property type," RE/MAX said. Neighbourhoods in the south, such as Fairfield, Rockland, Gonzales, James, and Downtown, are poised to be property hotspots next year due to high demand. In terms of growth in sales prices, the top Victorian neighbourhoods are Saanich, Langford, Oak Bay, and Sidney. First-time and move-up buyers are expected to drive the demand for property types such as condominiums, two-storey detached homes, and townhouses, according to RE/MAX. Copyright © 2019 Key Media Pty Ltd
Victoria real estate market leaning towards a sellers’ market
2019/12/05 Canadian Real Estate Wealth
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