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Building & Condo information

Lameena Terrace

2655 Sooke Road


Langford, V9B 1Y3 LA0500 - La Langford Proper

Official Website: www.lameenaterrace.com
  • Levels: 4
  • Suites: 42
  • Status: Completed
  • Built: 2013
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: EPS1556
  • Bldg#: 11728

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Lameena Terrace MLS® Listings

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Building Info

Lameena Terrace - 2655 Sooke Road, Langford, BC V9B 1Y3, Canada. Strata plan number EPS1556. Crossroads are Sooke Road and Willshire Drive. Lameena Terrace is a four storey, 42 unit condo with three ground floor commercial spaces. Completed in 2013. Units range between 574 and 1,083 square feet in one bedroom and two bedroom configurations.

Nearby parks include Ed Fisher Park, Afriston Park and Glen Lake Park. The closest schools are Sooke School District, School District No 62 (Sooke), Colwood Elementary, Royal Roads University, David Cameron Elementary, Lighthouse Christian Academy, Happy Valley Elementary and Belmont Secondary. Nearby grocery stores are Fairway Market, Mac's Convenience Stores, M&M Meat Shops, Corona Foods Low Cost (1988) Ltd and Walmart Langford Supercentre.

Official Website: www.lameenaterrace.com
Phone: Brad Gregory 250.744.3301 | John Percy 250.508.155
Email: info@lameenaterrace.com
Sales Address: 2655 Sooke Road, Langford
Strata Sub Categories: Strata
 

Lameena Terrace Technical Info

Building Name Lameena Terrace
Address 2655 Sooke Road
City Langford
Neighborhood La Langford Proper
Floors 4
Units in Development: 42
Units in Strata:42
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2013
Parking-Storage Designation Limited Common Property
Official Website www.lameenaterrace
Restrictions Details
Strata Plan EPS1556
Strata Plan Log-in EPS1556
Title to Land Freehold Strata
  

Lameena Terrace Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Pandora Street - 1002 Pandora AVE - VIP22437
  2. B Hudson Walk One - 755 Caledonia AVE - VIP83911
  3. C Woodland Heights - 3912 Carey ROAD - EPS2046
  4. D Escher - 838 Broughton STREET - EPP26635
  5. E The Circle at Swallows Landing - 849 Dunsmuir AVE - EPS403
  6. F Coho 2 - 290 Wilfert AVE - EPS965
  7. G The Emerson - 1015 Rockland AVE -
  8. H The Meridian Residences - 9818 3rd STREET - VIP381
  9. I The Shire - 3350 Quadra AVE - VIP1781
  10. J Amara - 1618 North Dairy AVE - VIS6142
  11. K Stadacona Centre - 1545 Pandora AVE - VIS569
  12. L Reflections On The River - 22327 River ROAD - EPS2160
  13. M Meadows Pointe - 20331 Dewdney Trunk ROAD - EPS2119
  14. N Sakura - 15688 28 AVE - EPP30811
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  16. P PRIME on the Plaza - 13438 103 AVE - BCP52190
  17. Q Greentree Village - 4114 Garden Grove DRIVE - NWS603
  18. R One Town Centre - 8538 River District CROSSING - EPP31354
  19. S Thurston Street - 3748 Thurston STREET - EPS2460
  20. T Tsawwassen Springs - 5066 Springs BLVD - BCS4351
  21. U Canvas - 417 Great Northern WAY - EPS3641
  22. V Canvas - 405 Great Northern WAY - EPS3641
  23. W Canvas - 403 Great Northern WAY - EPS3641
  24. X Canvas - 415 Great Northern WAY - EPS3641
  25. Y Canvas - 413 Great Northern WAY - EPS3641
  26. Z Canvas - 411 Great Northern WAY - EPS3641
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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


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