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Building & Condo information

Era

728 Yates Street


Victoria, V8W 3S2 VI0015 - Downtown

Official Website: eravictoria.com Developers Website: www.concertproperties.com
  • Levels: 16
  • Suites: 157
  • Status: Completed
  • Built: 2015
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: EPS2516
  • Bldg#: 9284

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Era MLS® Listings

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Building Info

Era - 728 Yates Street, Victoria, BC V8W 3S2, Canada. Strata plan number EPS2516. Era is a 16-storey residential building with 157 units. Completed in 2014. Crossroad are Douglas St. and Blanshard St. Close to Scotiabank, Cinema Convenience Store, Postes Canada, Liquor Express, Mac's Convenience Stores, A Mart Korean Grocery, BMO Bank of Montreal, Starbucks, Lasercity Fun Centre, Freedom Child Care Centre, Tillicum Out Of School Care, Ombudsmsan of BC, Alpine Food Mart, Greater Victoria Public Library, The Office, Shine Cafe, Zambri's, Centennial Square, Cineplex Odeon and Capitol 6 Empire Theatres. Maintenance fees includes building insurance, caretaker, garbage pickup, gas, hot water, management, recreation facility, water and yard maintenance.

Developer: Concert Properties Ltd.
Architect: Rafii Architects Inc./Richard Henry Architect Inc.
Designer: Portico Design Group

Official Website: eravictoria.com
Phone: 250-383-3722
Email: Era@ConcertProperties.com
Sales Address: 754 Humboldt Street (next door to the Marriott Hotel) Victoria, BC
Strata Sub Categories: Strata
 

Era Technical Info

Building Name Era
Address 728 Yates Street
City Victoria
Neighborhood Downtown
Listing Price Range N/A
Floors 16
Units in Development: 157
Units in Strata:157
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2015
Developer Concert Properties Ltd.
Architect Name Rafii Architects Inc
Architect Phone 604-688-3655
Architect Email rai@rafiiarchitects.com
Designer Portico Design Group
Official Website eravictoria.com/
Restrictions Details
Strata Plan EPS2516
Title to Land Freehold Strata
Emporis Era
  

Era Building & Common Area Photos

728 Yates St, Victoria, BC
728 Yates St, Victoria, BC
728 Yates St, Victoria, BC
728 Yates St, Victoria, BC
728 Yates St, Victoria, BC
728 Yates St, Victoria, BC
728 Yates St, Victoria, BC
728 Yates St, Victoria, BC

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Era Condominiums in Victoria BC

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Other Buildings in Complex/Area

  1. A Juliet - 760 Johnson ST - VIS6683
  2. B The 834 - 834 Johnson STREET - EPS522
  3. C The Metropolitan - 835 View ST - VIS3578
  4. D The Yates on Yates - 848 Yates STREET -
  5. E The Wave - 845 Yates ST - VIS6115
  6. F 860 View - 860 View ST - VIS5739
  7. G Denby Place - 770 Cormorant ST - VIS1190
  8. H Corazon - 732 Cormorant ST - VIS5950
  9. I Monaco - 610 Johnson ST - VIS6304
  10. J The E.G. Prior Building - 1401 Government ST - VIS1633
  11. K The SoMA - 732 Broughton STREET - VIS6827
  12. L 1407 Government - 1407 Government ST - VIS1633
  13. M The Hudson - 770 Fisgard STREET - EPS254
  14. N The SoHo - 848 Mason ALLEY - VIS6100
  15. O 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
  16. P The Palladian - 1600 Quadra ST - VIS6626
  17. Q The Palladian - 1602 Quadra ST - VIP82118
  18. R The Oriental - 562 Yates STREET - EPS460
  19. S The Vogue - 599 Pandora AVE - VIS6012
  20. T The Sovereign - 608 Broughton STREET - EPS1336
  21. U 595 Pandora - 595 Pandora AVENUE -
  22. V Duet - 640 Michigan STREET - EPS741
  23. W Sandpiper - 1630 Quadra ST - VIS1211
  24. X The Manhattan - 930 Yates ST - VIS3861
  25. Y Brookman Place - 935 Johnson ST - VIS3533
  26. Z Union - 528 Pandora AVE - EPS1833
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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 wraps up a relatively flat year for home sales

 

January 2, 2020  A total of 402 properties sold in the Victoria Real Estate Board region this December, 7.2 per cent more than the 375 properties sold in December 2018 and a 30.3 per cent decrease from November 2019. Sales of condominiums were up 17.5 per cent from December 2018 with 121 units sold. Sales of single family homes increased 13.8 per cent from December 2018 with 198 sold.

A grand total of 7,255 properties sold over the course of 2019, 1.47 percent more than the 7,150 that sold in 2018. 2019 sales came in at slightly under the ten-year average of 7,413 properties sold.

"Overall, our market throughout 2019 can be characterized as still active, slow to grow and low in supply," says 2019 Victoria Real Estate Board President Cheryl Woolley. "Last year we saw many prospective buyers sit on the sidelines waiting for inventory to be added. As a result of this unmet demand, there was and continues to be a push from consumers to create townhomes and condos at accessible price points. We began 2019 discussing the potential impact of various taxes and lending rules introduced by the federal and provincial governments that were designed to calm housing market activity - although this activity had already begun to slow following our hyper-active market in 2016/17. The most impactful government change we saw was the tighter mortgage lending rules, which lowered consumer borrowing power and made many unable to qualify for the value of mortgages they had in the past, therefore compressing more demand into our mid- and lower-priced property market."

There were 1,952 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2019, a decrease of 18.6 per cent compared to the month of November and a 1.8 per cent decrease from the 1,988 active listings for sale at the end of December 2018.

"Constant demand on this middle housing segment has put a moderate amount of pressure on pricing," adds Woolley. "And although we did not see huge price increases though 2019 like we did in the run up through 2016, we do see buyers entering into multiple offer situations and competing for properties. The high end of the market - over $1.5 million - has been softer, which is nice for a very small percentage of buyers in our area, but difficult on sellers who have seen some equity erode. The theme heading into 2020 does for now appear to be the limited selection of single-family homes and growth in pressure for more condos and townhomes. What remains consistent is that in this complex market, buyers and sellers value the assistance of their REALTOR® to navigate one of the biggest purchases most will make in their lifetime."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in December 2018 was $860,400. The benchmark value for the same home in December 2019 decreased by 0.6 per cent to $855,000, slightly less than November’s value of $855,400. The MLS® HPI benchmark value for a condominium in the Victoria Core area in December.

2018 was $503,000, while the benchmark value for the same condominium in December 2019 increased by 3.5 per cent to $520,700, slightly more than the November value of $517,000.

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 1,380 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 poised to become a sellers' market in 2020
Victoria's housing market is expected to be favourable for home sellers next year, according to the latest outlook by RE/MAX. While conditions are likely to be balanced as 2020 unfolds, RE/MAX said the conditions in the British Columbian capital are expected to lean towards a sellers' market. In fact, the region's average sale price is projected to increase by 3% to $698,661 over the next 12 months as demand remains high and supply remains limited. "Housing affordability continues to challenge buyers in this region when it comes to homeownership and rentals due to lack of supply. Demand for condos continues to rise as many first-time homebuyers can afford this property type," RE/MAX said. Neighbourhoods in the south, such as Fairfield, Rockland, Gonzales, James, and Downtown, are poised to be property hotspots next year due to high demand. In terms of growth in sales prices, the top Victorian neighbourhoods are Saanich, Langford, Oak Bay, and Sidney. First-time and move-up buyers are expected to drive the demand for property types such as condominiums, two-storey detached homes, and townhouses, according to RE/MAX. Copyright © 2019 Key Media Pty Ltd
Victoria real estate market leaning towards a sellers’ market
2019/12/05 Canadian Real Estate Wealth
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