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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

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Area Rentals From Padmapper

Victoria Real Estate Board Update

Victoria Real Estate Market Continues to Stabilize

 

October 1, 2018  A total of 533 properties sold in the Victoria Real Estate Board region this September, 16.7 per cent fewer than the 640 properties sold in September of last year, and a 10.3 per cent decrease from August 2018. Sales of condominiums were down 30.4 per cent from last year in September with 149 units sold. Sales of single family homes were down 9.2 per cent from 2017 with 285 sold this September.

"This year's housing market has continued to behave as we've expected, moderating after the record setting pace of 2016 and adjusting to various government measures such as tightening mortgage qualification rules that were intended to cool the market," says Victoria Real Estate Board President Kyle Kerr. "We continue to see a reduction in sales when we compare to recent years and prices stabilizing across the market, with some variation in value in niche, higher end homes."

There were a total of 2,646 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of September 2018, an increase of 5 per cent compared to the month of August and 33.9 per cent more than the 1,976 active listings for sale at the end of September 2017.

"If you are considering buying or selling a home, you need to understand your local market, particularly in the context of your property type and price point," adds President Kerr. "Micro markets in our area behave very differently as they are influenced by different pressures. The under $800,000 housing market in some areas is under tremendous pressure as many buyers compete for these homes. The multimillion-dollar market in other areas is currently experiencing less pressure and we can see price flexibility coming into play in the 1.5 million dollar plus market. And although we saw a bump in inventory at the start the year, those inventory levels have stabilized as well. So buyers still face a market with much less inventory available than the historical average. Your local REALTOR® can help you understand the best way forward for your selling or buying plans based on current and granular data and market insights."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in September 2017 was $832,000, while the benchmark value for the same home in September 2018 increased by 6.2 per cent to $883,700, slightly lower than August's value of $888,300. The MLS® HPI benchmark value for a condominium in the Victoria Core area in September 2017 was $457,700, while the benchmark value for the same condominium in September 2018 increased by 9.9 per cent to $503,000, exactly the same as August's value.

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 1,379 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

 

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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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