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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)

JPG VIEW

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 Slowly Stabilizing after a Record Breaking 2016

 

November 1, 2017 A total of 664 properties sold in the Victoria Real Estate Board region this October, 9.7 per cent fewer than the 735 properties sold in October last year.

"As expected, we saw fewer sales than this time last year," notes Victoria Real Estate Board President Ara Balabanian. "Looking at the longer term picture however, sales last month were 17.1 per cent above the ten year average of 567 properties for the month of October, so the market is still very active here in Victoria, and this is in spite of the ongoing low inventory levels."

There were 1,905 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of October 2017, a decrease of 3.6 per cent compared to the month of September and 1.7 per cent fewer than the 1,938 active listings for sale at the end of October 2016.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in October 2016 was $752,000. The benchmark value for the same home in October 2017 has increased by 9.3 per cent to $821,900, but is lower than July's value of $834,200.

"The fact that we've seen such a controlled levelling off in the market directly following a year which felt so uncontrollable in terms of demand and pressure on prices illustrates the depth and stability of the Victoria market. An unstable market may have experienced a heavy correction or shift, whereas in our market sales are moderating at a reasonable rate." adds President Balabanian. "In the coming months we expect to see less inventory on the market, because the year end changes buyer and seller behaviours, their focus shifts to holidays and winter weather. One unknown influence that may play on the winter market is the upcoming mortgage stress test. Some buyers may move their purchasing timelines forward to make their home purchases before the stress test on uninsured buyers (those with a downpayment of 20 per cent or more) becomes required January 1."

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 1,364 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 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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Victoria News articles Search Victoria News 

# Article Publish Date Source
1 Victoria Home Sales See “Controlled Levelling-Off”
Home sales in Victoria dropped 10.5% in October compared to the same month last year.
Benchmark prices remain robust as market cooldown slows, “illustrating stabi
2017/11/01 REW
2 Luxury segment fluctuating in GTA, Victoria and Vancouver
The luxury market is booming in GTA up 85% year-over-year. Victoria has also seen an increase in luxury homes sales. Vancouver has dropped 32% but still is a prime market.
Luxury segment fluctuating across Canada #LesTwarog
2017/09/29 REP
3 Sales of $1 million condos up 85% in one Canadian market
Victoria saw an increase is luxury home sales while Vancouver's sales were down 32%.
Sales of $1 million condos up 85% in one Canadian market #LesTwarog
2017/09/28 REP
4 New BC Energy Step Code proves costly
The BC Energy Step Code for improved energy efficiency is set to start December 1, 2017
The new building code amendment will add up to 80,000 to the cost of a new sin
2017/09/26 Western Investor
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