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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 Videos

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

Slower start to spring does not signal lower prices for Victoria real estate market

 

 

May 1, 2018  A total of 774 properties sold in the Victoria Real Estate Board region this April, 12.5 per cent fewer than the 885  properties sold in April last year, but a 12.5 per cent increase from the month previous. The sales of condominiums were down 21.6 per cent from last year in April with 225 units sold. Single family homes were 8.1 per cent down from the year previous with 420 sold this April.

"We're now into the spring real estate market, which is traditionally the busiest time of the year for buying and selling homes," says Victoria Real Estate Board President Kyle Kerr. "Last year, the months of May and June were the busiest, so we may see this pattern again but on a slightly smaller scale than last year, since our sales for the year thus far are down about 18 per cent when compared to 2017. Although January to March was quite far behind last year's pace, we may see that margin get smaller as we progress through the spring months and people adjust to the new mortgage qualifying rules."

There were a total of 2,002 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2018, an increase of 13.4 per cent compared to the month of March and 18.5 per cent more than the 1,690 active listings for sale at the end of April 2017.

"We continue to see low inventory in our market, and good homes in desirable locations are still seeing multiple bids," adds President Kerr. "One interesting development we are tracking is the increase of prices in a market of fewer sales. Part of the reason for this is that there is strong pressure on lower-priced properties. After the new mortgage rule changes this year, many consumers have seen a reduction in their buying power, so more are competing for lower-priced properties and in multiple offer situations, pricing is pushed up. Our area just doesn't have the supply or mix of homes needed to meet the demand. We are working with government at all levels to identify ways to meet this demand in the CRD."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2017 was $800,100, while the benchmark value for the same home in April 2018 increased by 8.3 per cent to $866,700, higher than March's value of $859,400. The MLS® HPI benchmark value for a condominium in the Victoria Core area in April 2017 was $418,200, while the benchmark value for the same condominium in April 2018 increased by 18.4 per cent to $495,100, which is higher than March's value of $490,000.

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 1,361 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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