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Building & Condo information

The Breakwater

525 Rithet St
Victoria, V8V 1E4 VI0045 - James Bay

  • Levels: 4
  • Suites: 16
  • Status: Completed
  • Built: 1990
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Management company:  Confidential
  • Bldg#: 12583

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Building Info

525 Rithet Street, Victoria, BC V8V 1E4, Canada. Strata Plan VIS1955. Crossroads are Rithet Street and Menzies Street located in the James Bay neighborhood in Victoria.  This apartment is 4 storeys with 16 units. Built in 1990. Maintenance fees includes management and water. Nearby Schools are GEOS Languagess Plus Victoria, Glenlyon Norfolk School - Middle and Senior Schools, Christ Church Cathedral School, Christ Church Cathedral Pre-School, George Jay Elementary Schoo and Esquimalt High School. Supermarkets and Grocery Stores nearby are Birdcage Confectionary, Fisgard MArket Ltd., Fairfield Market, Quonely's Gifts & Grocery and Victoria Gift Plus. Nearby parks include Irving Park, Macdonald Park and Beacon Hill Park. Short drive to Downtown area, Gordon Head and Beacon Hill.

Strata Sub Categories: Strata

The Breakwater Technical Info

Building Name The Breakwater
Address 525 Rithet St
City Victoria
Neighborhood James Bay
Listing Price Range N/A
Floors 4
Units in Development: 16
Units in Strata:16
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1990
ManagementConfidential
Restrictions Details
Title to Land Frhld/strata

The Breakwater MLS® Listings And/Or Area MLS® Listings

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The Breakwater Building & Common Area Photos

525 Rithet Street, Victoria, BC
525 Rithet Street, Victoria, BC
525 Rithet Street, Victoria, BC
525 Rithet Street, Victoria, BC

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

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Other Buildings in Complex/Area

  1. A Arran House - 545 Rithet STREET - VIS185
  2. B 26 Menzies - 26 Menzies ST - VIS443
  3. C Shorewood House - 562 Rithet ST - VIS146
  4. D 20 Menzies - 20 Menzies ST - VIS1596
  5. E Holland Point - 502 Dallas RD - VIS4227
  6. F Lindley House - 539 Niagara ST - VIS1224
  7. G Magnolia House - 36 South Turner ST - VIS117
  8. H 112 Clarence - 112 Clarence STREET - VIS4041
  9. I 120 Clarence - 120 Clarence ST - EPS1770
  10. J 436 Niagara - 436 Niagara STREET - VIS5495
  11. K Dunelm Village - 416 Dallas RD - VIS1146
  12. L 408 Dallas - 408 Dallas RD - EPS1278
  13. M Tigh Na Mara - 25 Government ST - VIS89
  14. N Clarence House - 139 Clarence ALLEY - VIS114
  15. O Bramlea Court - 118 Croft ST - VIS6
  16. P 360 Dallas - 360 Dallas RD - VIS33
  17. Q The Copper Beeches - 159 Clarence ST - VIS387
  18. R 521 Simcoe - 521 Simcoe ST - VIS1105
  19. S Olympia Cottage - 20 Paddon AVE - VIS3872
  20. T Park Olympic Height - 660 Battery ST -
View All Buildings in Victoria

Area Rentals From Craigslist

Click on the map to go to LIVE map of Victoria.

Area Rentals From Padmapper

Victoria Real Estate Board Update

Victoria Real Estate Market Slowly Stabilizing after a Record Breaking 2016

 

November 1, 2017 A total of 664 properties sold in the Victoria Real Estate Board region this October, 9.7 per cent fewer than the 735 properties sold in October last year.

"As expected, we saw fewer sales than this time last year," notes Victoria Real Estate Board President Ara Balabanian. "Looking at the longer term picture however, sales last month were 17.1 per cent above the ten year average of 567 properties for the month of October, so the market is still very active here in Victoria, and this is in spite of the ongoing low inventory levels."

There were 1,905 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of October 2017, a decrease of 3.6 per cent compared to the month of September and 1.7 per cent fewer than the 1,938 active listings for sale at the end of October 2016.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in October 2016 was $752,000. The benchmark value for the same home in October 2017 has increased by 9.3 per cent to $821,900, but is lower than July's value of $834,200.

"The fact that we've seen such a controlled levelling off in the market directly following a year which felt so uncontrollable in terms of demand and pressure on prices illustrates the depth and stability of the Victoria market. An unstable market may have experienced a heavy correction or shift, whereas in our market sales are moderating at a reasonable rate." adds President Balabanian. "In the coming months we expect to see less inventory on the market, because the year end changes buyer and seller behaviours, their focus shifts to holidays and winter weather. One unknown influence that may play on the winter market is the upcoming mortgage stress test. Some buyers may move their purchasing timelines forward to make their home purchases before the stress test on uninsured buyers (those with a downpayment of 20 per cent or more) becomes required January 1."

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 1,364 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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