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Building & Condo information

Pier One

640 Montreal St
Victoria, V8V 4T9 VI0045 - James Bay

  • Levels: 7
  • Suites: 29
  • Status: Completed
  • Built: 1980
  • Title To Land: Frhld/strata
  • Building Type: Strata Condos
  • Management company:  Confidential
  • Bldg#: 12648

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Building Info

Pier One - 640 Montreal Street, Victoria, BC V8V 4T9, Canada. Montreal Street and Quebec Street located in the James Bay neighborhood in Victoria. This Anchored Marine Imprmnt has 7 storeys with 29 condo units. Completed 1981. Maintenance fees includes building insurnace, caretaker, garbage pickup, hot water, management, rec facility, water and yard maintenance.

Nearby School are James Bay Community School, Pacific School Of Innovatioin and Inquiry, Saferway Driver Training School Ltd., Pacific Rim College, Christ Church Cathedral Pre-School, Esquimalt High School and Victoria High School. Supermarkets and Grocery Stores nearby are Market On Yates, Oxford Foods, Quonley's Gifts & GRocery, Fisgard Market Ltd., Little Gem Grocery, Niagara Grocery and Blair Mart Mediterranean Foods. Nearby parks include Quadra Park, Fisherman's Wharf Park and Macdonald Park. Short drive to Downtown area, Royal Oak, Beacon Hill and Hillside Mall.

Strata Sub Categories: Strata Condos

Pier One Technical Info

Building Name Pier One
Address 640 Montreal St
City Victoria
Neighborhood James Bay
Listing Price Range N/A
Floors 7
Units in Development: 29
Units in Strata:29
Property Types Frhld/strata
Sub Categories:Strata Condos
Year Built 1980
ManagementConfidential
Restrictions Details
Title to Land Frhld/strata

Pier One MLS® Listings And/Or Area MLS® Listings

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Pier One Building & Common Area Photos

640 Montreal Street, Victoria, BC
640 Montreal Street, Victoria, BC
640 Montreal Street, Victoria, BC
640 Montreal Street, Victoria, BC

Pier One Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Harbourside - 636 Montreal ST - VIS1897
  2. B Laurel Point - 225 Belleville ST - VIS259
  3. C Harbourside - 630 Montreal ST - VIS1897
  4. D 221 Quebec - 221 Quebec ST - EPS218
  5. E Southport Village - 135 Kingston ST - VIS4069
  6. F Southport Village - 131 Kingston ST - VIP59255
  7. G Southport Village - 136 Superior ST - VIS4069
  8. H 113 Superior - 113 Superior ST - VIS2774
  9. I 320 Montreal - 320 Montreal ST - VIS426
  10. J 209 Superior - 209 Superior ST - VIS6129
  11. K The Oswego Hotel - 500 Oswego ST - VIP71626
  12. L 132 Michigan - 132 Michigan ST - VIS544
  13. M 118 Michigan - 118 Michigan STREET - VIS759
  14. N 128 Michigan - 128 Michigan ST - VIS658
  15. O Polo Pacific - 405 Quebec ST - VIS3815
  16. P 127 Michigan - 127 Michigan STREET - VIS533
  17. Q 114 Ontario - 114 Ontario ST - VIS5317
  18. R Ontario Court - 109 Ontario ST - VIS559
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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Victoria News articles Search Victoria News 

# Article Publish Date Source
1 $10.79M downtown Victoria penthouse sale doubles the previous record
A Canadian couple has finalized a pre-sale deal for the $10.79 million penthouse in the Customs House building — smashing previous records for Victoria condominiums. The high-end building is to be ready for occupation in early summer of 2020, developer Stan Sipos said Monday.
Presale deal is for 4,422-square-foot luxury home atop Customs House building
2018/11/27 Western Investor
2 Mixed-use $250M Capital Park project 355 Menzies Street Victoria begins to rise
A total of 113 homes are expected to be finished in late 2020 or early 2021, McCauley said. Condominiums will be developed in five-storey and four-storey buildings, and seven townhouses are also planned.
Huge multi-phased development close to B.C. Legislature in capital's downtown
2018/11/06 Western Investor
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