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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 Documents

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

"Sorry there are no listings. Please click here to view Downtown listings"

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/Area

  1. A The Leiser Building - 524 Yates STREET - VIS6630
  2. B The Leiser Building - 534 Yates STREET - VIS6630
  3. C 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  4. D 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
  5. E Waddington Alley Flats - 1310 Waddington ALLEY - EPS2086
  6. F 1407 Government - 1407 Government ST - VIS1633
  7. G Victoria Regent - 1234 Wharf ST - VIS962
  8. H The E.G. Prior Building - 1401 Government ST - VIS1633
  9. I Monaco - 610 Johnson ST - VIS6304
  10. J The Hudson - 770 Fisgard STREET - EPS254
  11. K 595 Pandora - 595 Pandora AVENUE -
  12. L Station Hotel - 501 Pandora AVE - VIS1580
  13. M The Vogue - 599 Pandora AVE - VIS6012
  14. N Union - 528 Pandora AVE - EPS1833
  15. O 1441 Store - 1441 Store STREET - VIS1580
  16. P Johnson Street Gateway - 1324 Wharf STREET -
  17. Q 1610 Store St - 1610 Store ST -
  18. R Swans Hotel Pub & Cafe - 510 Pandora AVE -
  19. S The Union - 517 Fisgard ST - EPS1833
  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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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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