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Building & Condo information

The Oriental

562 Yates Street


Victoria, V8W 1L4 VI0015 - Downtown

Official Website: www.lefevregroup.com/oriental/about.html Developers Website: www.lefevregroup.com
  • Levels: 3
  • Suites: 32
  • Status: Completed
  • Built: 2011
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: EPS460
  • Management company:  Premier Strata Services
  • Phone  604-371-2208  
  • E-mail  info@prstrata.com  
  • Bldg#: 9290

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The Oriental MLS® Listings

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Building Info

The Oriental - 562 Yates St, Victoria, BC V8W 1K8, Canada, 3 Storeys, 32 Units, Built 2011, Crossing roads: Yates Street and Langley Street. Built by award-winning heritage developer Le Fevre & Company, The Oriental is one of Victoria's historic Old Towne most respected Heritage conversion projects. With the large bay windows and exposed heritage materials like brick, timber and cedar, the Oriental is very hard to rival with its level of historic look & feel.

The Oriental contains 32 studio style loft units and 3 commercial spaces with a common area courtyard & roof top terrace. Unit sizes from 396 sq ft to 722 sq ft including the storage lofts. The purchase price includes Bicycle & storage vaults and ten years free of property taxes. Contemporary interiors boast custom laminate kitchen cabinetry, eating bar, stainless steel appliances, and combination washer/dryer.

Located in the downtown Victoria, The Oriental is just steps away from restaurants, Bay Center, and Victorias vibrant Inner Harbour, and a scenic walk to The Empress, Royal BC Museum, and The Royal Theatre. Outdoor enthusiasts will enjoy close proximity to the Galloping Goose walking/biking trail, Beacon Hill Park, and the Dallas Road waterfront.

Official Website: www.lefevregroup.com/oriental/about.html
Phone: 250-380-4900
Email: lefevre@lefevregroup.com
Sales Address: 562 Yates Street Victoria British Columbia
Strata Sub Categories: Strata
 

The Oriental Technical Info

Building Name The Oriental
Address 562 Yates Street
City Victoria
Neighborhood Downtown
Listing Price Range N/A
Floors 3
Units in Development: 32
Units in Strata:32
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2011
Developer Le Fevre & Company
Official Website www.lefevregroup.com/orie
Strata Website www.premierstrataservices.com/
Management Premier Strata Services
  604-371-2208
 info@prstrata.com
Restrictions Details
Strata Plan EPS460
Title to Land Freehold Strata

The Oriental Documents

  

The Oriental Building & Common Area Photos

562 Yates St, Victoria, BC
562 Yates St, Victoria, BC
562 Yates St, Victoria, BC
562 Yates St, Victoria, BC

Typical Floor Plan (Click image to go to BCFP)

JPG VIEW

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

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Google Map
Bing Areal View
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Other Buildings in Complex/Area

  1. A The Leiser Building - 524 Yates STREET - VIS6630
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  4. D 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
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  11. K 595 Pandora - 595 Pandora AVENUE -
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  18. R Swans Hotel Pub & Cafe - 510 Pandora AVE -
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  20. T La Roux Patisserie - 519 Fisgard ST - EPS1833
  21. U Duet - 640 Michigan STREET - EPS741
  22. V The Sovereign - 608 Broughton STREET - EPS1336
  23. W Mermaid Wharf - 409 Swift ST - VIS4930
  24. X 532 Fisgard - 532 Fisgard STREET - VIS4896
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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.

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