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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:  Confidential
  • Bldg#: 9290

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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
ManagementConfidential
Restrictions Details
Strata Plan EPS460
Title to Land Freehold Strata

The Oriental Documenets

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

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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)

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

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Other Buildings in Complex and/or Area

  1. The Leiser Building - 524 Yates STREET - VIS6630
  2. The Leiser Building - 534 Yates STREET - VIS6630
  3. 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  4. 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
  5. Waddington Alley Flats - 1310 Waddington ALLEY - EPS2086
  6. 1407 Government - 1407 Government ST - VIS1633
  7. Victoria Regent - 1234 Wharf ST - VIS962
  8. The E.G. Prior Building - 1401 Government ST - VIS1633
  9. Monaco - 610 Johnson ST - VIS6304
  10. The Hudson - 770 Fisgard STREET - EPS254
  11. 595 Pandora - 595 Pandora AVENUE -
  12. Station Hotel - 501 Pandora AVE - VIS1580
  13. The Vogue - 599 Pandora AVE - VIS6012
  14. Union - 528 Pandora AVE - EPS1833
  15. 1441 Store - 1441 Store STREET - VIS1580

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Victoria Real Estate Board Update

Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity

 

February 1, 2017 -  A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year.

Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.

"The numbers we saw last year are not the new normal. We know that we are not going to see sales volumes this year that meet or beat last year's record breaking numbers," notes 2017 Board President Ara Balabanian. "When compared to the month of January's ten year average, which is 384 transactions, sales in January 2017 are nearly 25 per cent higher than average. The least active January we saw in the past ten years was in 2009 with 247 sales, and the most active was last year."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2016 was $616,700. The benchmark value for the same home in January 2017 has increased by 24.4 per cent to $767,000.

"It's early in the year to make predictions," adds President Balabanian. "Over the last few decades, the historic cycle in Victoria is longer periods of stable activity and price followed by a rapid rise in activity and property values over a relatively short period of time. The coming months will provide us with a better idea of where we are in this cycle."

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 1,327 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 Victoria Market Report for May 2017

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