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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

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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 and/or Area

  1. The Vogue - 599 Pandora AVE - VIS6012
  2. Union - 528 Pandora AVE - EPS1833
  3. 1407 Government - 1407 Government ST - VIS1633
  4. Swans Hotel Pub & Cafe - 510 Pandora AVE -
  5. Station Hotel - 501 Pandora AVE - VIS1580
  6. The E.G. Prior Building - 1401 Government ST - VIS1633
  7. 1441 Store - 1441 Store STREET - VIS1580
  8. Monaco - 610 Johnson ST - VIS6304
  9. 1610 Store St - 1610 Store ST -
  10. The Union - 517 Fisgard ST - EPS1833
  11. La Roux Patisserie - 519 Fisgard ST - EPS1833
  12. 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  13. The Leiser Building - 524 Yates STREET - VIS6630
  14. The Leiser Building - 534 Yates STREET - VIS6630
  15. 532 Fisgard - 532 Fisgard STREET - VIS4896

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Area Rentals

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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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