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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
  • Bldg#: 12583

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The Breakwater MLS® Listings

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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
Restrictions Details
Title to Land Frhld/strata
  

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 -
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Victoria Real Estate Board Update

Victoria real estate activity picks up as restrictions ease

 

June 1, 2020 A total of 457 properties sold in the Victoria Real Estate Board region this May, 46.1 per cent fewer than the 848 properties sold in May 2019 but 59.2 per cent more than the previous month of April 2020. Sales of condominiums were down 55.7 per cent from May 2019 with 108 units sold. Sales of single family homes were down 42.9 per cent from May 2019 with 254 sold.

"Our market continues to respond to the current health crisis," says Victoria Real Estate Board President Sandi-Jo Ayers. "Activity in real estate right now echoes the activity in our broader community - as restrictions gradually begin to lift - so too have our sales and listings numbers. Of course, like any industry, we do not expect a sudden shift back to any kind of normal. That said, one theme that persists in our market is that well-priced properties in high demand areas continue to see multiple offers. Demand exists and we continue to have motivated buyers searching for their perfect home."

There were 2,544 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2020, 15.7 percent fewer properties than the total available at the end of May 2019 but a 10.4 per cent increase from the 2,305 active listings for sale at the end of April 2020.

"If you're considering buying or selling a property right now you will find the experience different than pre-pandemic," adds Ayers. "REALTORS® are doing our part to ensure that there is not a resurgence of COVID-19 in our community by following government health and safety guidelines, by leveraging technology to facilitate many aspects of the real estate transaction virtually and by implementing various clean showing protocols. Your Realtor will navigate the new processes and requirements to keep you, your property and our city safe and healthy."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in May 2019 was $863,000. The benchmark value for the same home in May 2020 increased by 2.6 per cent to $885,400, 0.1 per cent more than April's value of $884,600. The MLS® HPI benchmark value for a condominium in the Victoria Core area in May 2019 was $516,400, while the benchmark value for the same condominium in May 2020 increased by 3.5 per cent to $534,300, 0.1 per cent more than the April value of $533,600. 

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 1,387 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. For a list of live stream open houses, visit openhousesvictoria.ca. 

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.