Duet - 640 Michigan Street, Victoria, BC V8V 1S9, Canada. Strata plan number EPS741. Two condo buildings, 8 and 4 storeys, 90 units, completed in Fall 2014. Located at 640 Michigan Street in Victoria's James Bay just 1/2 block to Beacon Hill Park and 4 blocks to Downtown Victoria, Duets two modern buildings, Duet East - an 8-storey concrete and steel building and Duet West - a 4-storey wood-frame construction, will bring 90 units to this unique neighbourhood. Developer is Chard Development Ltd. and design by Victorias de Hoog & Kierulf architects and Vancouvers Musson Cattell Mackey Partnership with Construction by Victorias Farmer Construction. Interior design by Proscenium Architecture + Interior.
Duet will offer externsive landscaping including Garden Suites with walk-out terraces, a central semi-private courtyard and quintessentially Victorian Akebono cherry trees, amenities, video enterphone, storage lockers, secure bike storages, a fully-furnished conference room and onsite resident manager. Exteriors of brick and pre-cast concrete will be accented with natural wood and metal details. Inside, every suite features floor to ceiling windows, wide plank laminate flooring, and gourmet kitchens with wood kitchen cabinets, full-height natural stone backsplashes, quartz countertops and high-end stainless steel appliances.
Just steps away from Beacon Hill Park, the Dallas Road waterfront, Victorias picturesque Inner Harbour, BC Legislature, schools, community centers, boutique village shopping and countless activities, Duet residents will enjoy a quality of life
quantifiably by hours lived in happiness.
Duet Technical Info
||640 Michigan Street
|Listing Price Range
|Units in Development: ||90|
|Units in Strata:||90|
||de Hoog & Kierulf ar
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Duet display suite - living room
Duet display suite - living & dining room
Duet display suite - kitchen
Duet display suite - kitchen
Duet display suite - kitchen & dining
Duet display suite - terrace
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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
Frank Rudge October 2017 VREB Report
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Frank Rudge Victoria Market Report for May 2017
Sales were down 22% for may over last year. Listings are up 12% from last year.