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Building & Condo information

595 Pandora

595 Pandora Avenue
Victoria, V8W 1N5 VI0015 - Downtown

Official Website: www.595pandora.com Marketers Website: www.magnumprojects.ca Developers Website: cieloproperties.ca
  • Levels: 5
  • Suites: 53
  • Status: Under Construction
  • Built: 2017
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Management company:  Confidential
  • Bldg#: 13282

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Building Info

595 Pandora at 595 Pandora Avenue, Victoria, BC, Canada, V8W 1N5. 595 Pandora is a no-expense-spared conversion of the former Ministry of Forests and Service Canada government building that was built in 1987. Located in downtown adjacent to Mountain Equipment Coop and Victoria's Historic China Town. 595 Pandora is a 5-storey revitalized building with 53 condo units with studios, 1 and 2 bedrooms ranging in size from 518 to 1,435 sq.ft. The ground floor houses commercial / retail stores.

Close to Victoria Chinese Public School, Fisgard Market, Quinley's Gifts & Grocery and Tai Sang Grocery. Market Square and The Bay Centre.

Clossroads are Government Street and Pandora Avenue.

595 Pandora Has City-Approved Zoning for Short Term and Executive Rental

595 Pandora offers a unique opportunity for your clients to own a move-in-ready property in the heart of Downtown Victoria's Lantern District. There are 6 stunning Terrace Homes remaining, and 595 Pandora is one of the few new developments zoned for short term and executive rental , making this Victoria's best investment opportunity.

The Terrace Collection at 595 Pandora

Suite # Suite Type                 Sq. Ft. Parking Storage Price

 402  2 bedroom + den + flex  1,240       2           1       $1,057,900
403   2 bedroom + den + flex  1,218       1           1       $899,900
404   2 bedroom + den + flex  1,206       1           1       $1,029,900
405   2 bedroom                           950       1           1       $719,900
406   2 bedroom                           950       1           1       $769,900
408   2 bedroom + den + flex  1,415       1           1        $979,900

The top-floor Terrace Homes at 595 Pandora feature a premium Bosch appliance package - including 30" gas range, overheight ceilings, wide plank engineered hardwood flooring, and expansive patios perfect for taking in the best views in the city.

Exclusive Rental Management Provided by Spacehost

For investors at 595 Pandora looking into short term rental platforms such as AirBnB or VRBO, Spacehost is a local full-service property management company specializing in short term rentals in Downtown Victoria.

For an outline of Spacehost's full spectrum of services, and for more information on revenues for 595 Pandora, your clients can contact Nancy Paine at nancy@spacehost.ca.

Approved zoning for short term rentals presents a rare opportunity for your clients to take advantage of B.C.'s fastest-growing real estate market! For further inquiries regarding 595 Pandora, or to book a private appointment to view these stunning Terrace Homes with your clients, please call our Magnum Team in Victoria at 250-888-1117 or at victoria@595pandora.com.

Sales Centre: www.magnumprojects.ca
Official Website: www.595pandora.com
Email: info@595pandora.com
Strata Sub Categories: Strata

595 Pandora Technical Info

Building Name 595 Pandora
Address 595 Pandora Avenue
City Victoria
Neighborhood Downtown
Floors 5
Units in Development: 53
Units in Strata:53
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2017
Developer Cielo Properties
Official Website www.595pandora.com
ManagementConfidential
Restrictions Details
Title to Land Freehold Strata

595 Pandora MLS® Listings And/Or Area MLS® Listings

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

595 Pandora Building & Common Area Photos

595 Pandora
595 Pandora
Rendering of 595 Pandora
South View
Southwest View
North View
Northwest View
595 Pandora Master Ensuite
595 Pandora Living Area
595 Pandora Kitchen
595 Pandora Living Room
595 Pandora Master Bedroom

595 Pandora Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A The Vogue - 599 Pandora AVE - VIS6012
  2. B Union - 528 Pandora AVE - EPS1833
  3. C 1407 Government - 1407 Government ST - VIS1633
  4. D Swans Hotel Pub & Cafe - 510 Pandora AVE -
  5. E Station Hotel - 501 Pandora AVE - VIS1580
  6. F The E.G. Prior Building - 1401 Government ST - VIS1633
  7. G 1441 Store - 1441 Store STREET - VIS1580
  8. H Monaco - 610 Johnson ST - VIS6304
  9. I 1610 Store St - 1610 Store ST -
  10. J The Union - 517 Fisgard ST - EPS1833
  11. K La Roux Patisserie - 519 Fisgard ST - EPS1833
  12. L 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  13. M The Leiser Building - 524 Yates STREET - VIS6630
  14. N The Leiser Building - 534 Yates STREET - VIS6630
  15. O 532 Fisgard - 532 Fisgard STREET - VIS4896
  16. P The Oriental - 562 Yates STREET - EPS460
  17. Q Waddington Alley Flats - 1310 Waddington ALLEY - EPS2086
  18. R Mermaid Wharf - 409 Swift ST - VIS4930
  19. S 601 Herald - 601 Herald STREET - EPS569
  20. T Cityzen Residences - 613 Herald STREET -
  21. U Johnson Street Gateway - 1324 Wharf STREET -
  22. V Mermaid Wharf - 407 Swift ST - VIS4930
  23. W Victoria Regent - 1234 Wharf ST - VIS962
  24. X 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
  25. Y 648 Herald - 648 Herald STREET - VIS5362
  26. Z Denby Place - 770 Cormorant ST - VIS1190
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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