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Building & Condo information

The Douglas

501 Park Place


Esquimalt, V9A 0H3 VWVWB - West Bay

Developers Website: www.aragon.ca
  • Levels: 6
  • Status: Under Construction
  • Built: 2020
  • Building Type: Strata Condos
  • Bldg#: 16350

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The Douglas MLS® Listings

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Building Info

The Douglas at Esquimalt Town Square - 501 Park Place, Victoria, Esquimalt, BC, Canada. This is a new condos development by Aragon Properties. Designed by D'Ambrosio Architecture + Urbanism. Situated at Park Place and Carlisle Avenue in the neighbhourhood of Esquimalt-West Bay. Consist of a six-storey, 32-suite condominium residences. One, two and three-bedroom residences designed to both maximize quality of life and reflect the serenity of their location. Outside, natural materials and a bold brick facade integrate seamlessly with an art walk pathway and ground-floor garden terraces.

Strata Sub Categories: Strata Condos
 

The Douglas Technical Info

Building Name The Douglas
Address 501 Park Place
City Esquimalt
Neighborhood West Bay
Floors 6
Sub Categories:Strata Condos
Year Built 2020
Developer Aragon Properties Ltd.
Architect Name D'Ambrosio Architect
Architect Phone 250-384-2400
Architect Email mail@fdarc.ca
Restrictions Details
  

The Douglas Building & Common Area Photos

The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon
The Douglas at Esquimalt Town Square - 501 Park Place - by Aragon

Complex Site Map (Click image to enlarge)

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Complex Site Map (Click image to enlarge)

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The Douglas Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Victoria Real Estate Board Update

A balanced market means opportunity for buyers and sellers in Victoria

 

February 1, 2024  A total of 341 properties sold in the Victoria Real Estate Board region this January, 22.7 per cent more than the 278 properties sold in January 2023 and a 3.6 per cent increase from December 2023. Sales of condominiums were up 10.9 per cent from January 2023 with 112 units sold. Sales of single family homes increased 35 per cent from January 2023 with 162 sold.

 

"Our housing market eased into the new year with a renewed sense of balance," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "Sales were up slightly based off last year's very low numbers, and overall, we saw the stabilization that we observed in late 2023 continue into 2024. Mortgage rates have levelled out, inventory is slowly creeping back up, and we are no longer in that highly pressurized market of recent years which created complicated and sometimes stressful conditions for buyers and sellers."

 

There were 2,140 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2024, an increase of 0.4 per cent compared to the previous month of December and a 23.1 per cent increase from the 1,739 active listings for sale at the end of January 2023.

 

"I think this balance and stability in our market brings with it an optimistic outlook for the coming months," adds Chair Lidstone. "If balanced conditions continue, buyers and sellers will have more time to make decisions and there will be less pressure on pricing. Of course, there are many factors that impact the market here in Victoria, and as we've seen in the past things can change very rapidly. If you are considering selling or buying, connect with a local Realtor to identify where your opportunities are as we move towards spring."

 

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2023 was $1,224,000. The benchmark value for the same home in January 2024 increased by 1.6 per cent to $1,244,000 down from December's value of $1,268,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in January 2023 was $562,200 while the benchmark value for the same condominium in January 2024 decreased by 0.6 per cent to $559,000, down from the December value of $562,000.

 

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 1,649 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.
 

 

Update From VREB Chair Graden Sol

NOVEMBER 2021 | Real Estate Market Update | Santa Clara County | Heather Lange Homes

Victoria BC Real Estate Stats - August 2021

A total of 831 properties sold in the Victoria Real Estate Board region this August, 15.1 per cent fewer than the 979 properties sold in August 2020 and 0.5 per cent fewer than the previous month of July. Condominium sales were up 31.7 per cent from August 2020 with 345 units sold. 21.5 per cent more condominiums sold in August 2021 than in the previous month of July. Sales of single family homes were down 29.9 per cent from August 2020 with 357 sold. 9.8 per cent fewer single family homes sold in August 2021 than in the previous month of July.

Victoria Real Estate Market Update - August 5, 2021

Inventory is down.

Frank Rudge October 2017 VREB Report

Sales for October down 10% from last year. Listing are down 3% from September.