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Building & Condo information

Finlayson Reach

1400 Lynburne Place
Langford, V9B 0A4 LA0455 - La Bear Mountain

  • Levels: 10
  • Suites: 159
  • Status: Completed
  • Built: 2008
  • Title To Land: Frhld/strata
  • Building Type: Strata Townhouses
  • Strata Plan: VIS6701
  • Management company:  Confidential
  • Bldg#: 10514

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Building Info

Finlayson Reach - 1400 Lynburne Place, Victoria, BC V9B 0A4, Canada. Strata plan number VIS6701 . Crossroads are Bear Mountain Parkway and Country Club Way. Finlayson Reach is 11 stories with 159 condominium units, built in 2008. Set high above ground level, this condo overlooks stunning ponds, fountains, and gardens. The interior includes granite countertops, hardwood flooring, ceramic tile backsplash and  stainless steel appliances. The floor plan is open and airy with many windows. Maintenance fees includes Building Insurance, Caretaker, Garbage Pickup, Management, Water and Yard Maintenance. Nearby parks include Goldstream Provincial Park and Westshore Motocross Park. Nearby coffee shops include Mountain Bean Coffee Co., Bear's Den Coffee and Ice Cream Mountain. Nearby restaurants include Jack's Place Kuma Sushi, Jack's Place and Copper Rock Grill. Developed by Bear Mountain Master Partnership. Architecture by Zeidler Partnership Architects. Interior design by GordonnGordon Interiors Ltd.

Strata Sub Categories: Strata Townhouses

Finlayson Reach Technical Info

Building Name Finlayson Reach
Address 1400 Lynburne Place
City Langford
Neighborhood La Bear Mountain
Floors 10
Units in Development: 159
Units in Strata:159
Property Types Frhld/strata
Sub Categories:Strata Townhouses
Year Built 2008
ManagementConfidential
Restrictions Details
Strata Plan VIS6701
Title to Land Frhld/strata

Finlayson Reach MLS® Listings And/Or Area MLS® Listings

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Finlayson Reach at Bear Mountain Resort

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Other Buildings in Complex/Area

  1. A The Clubhouse - 1999 Country Club WAY - VIS6037
  2. B St. Andrews Walk East - 1375 Bear Mountain PKWY - VIS6323
  3. C St. Andrews Walk East - 1375 Bear Mountain PKWY - VIS6323
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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 Strong to the End of 2017

 


January 2, 2018  A total of 462 properties sold in the Victoria Real Estate Board region this December, 1.9 per cent fewer than the 471 properties sold in December last year.

A grand total of 8,944 properties sold over the course of 2017, 15.8 percent fewer than the record breaking 10,622 that sold in 2016. 2017 sales came in at 21.7 per cent over the ten year average of 7,349 properties sold.

"Early in 2017 we discussed how the Victoria area housing market would be different than the record breaking year we had in 2016 and that over the course of the year we'd probably see a gradual return to a more balanced market. We did see evidence of this change come early in the year, as multiple offers and rapid price increases leveled out," says Victoria Real Estate Board President Ara Balabanian. "However, the ongoing low inventory of properties for sale meant that buyers continued to experience competitive situations in high demand areas, and multiple offers were still a common occurrence as buyers negotiated in a tighter market. What we couldn't anticipate were outside factors such as changes to mortgage qualifying rules that may have pushed people into the market early. The pending mortgage stress test in particular is likely to have caused much of the increased activity we've seen in November and December."

There were 1,384 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2017, a decrease of 21.5 per cent compared to the month of November and 7.3 per cent fewer than the 1,493 active listings for sale at the end of December 2016. This is the lowest level of inventory for the area in the month of December since the statistic was tracked in 1996.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in December 2016 was $753,900. The benchmark value for the same home in December 2017 has increased by 9.3 per cent to $823,800, and is slightly lower than November's value of $824,600.

"Overall, the low inventory and the continued interest in Victoria real estate meant that well-priced homes were quick to sell in 2017. Moving forward, we expect to see more inventory come into the market, which will continue to move us toward a more balanced state," adds President Balabanian. "We also expect housing prices to remain stable, without the increases we tracked in 2016, and anticipate steady slow growth. In markets like these, it's important to enlist the services of a REALTOR® to help you navigate what may be your largest transaction ever."

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 1,374 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.

 

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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