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Building & Condo information

The Wave

845 Yates St


Victoria, V8W 1M1 VI0015 - Downtown

  • Levels: 13
  • Suites: 101
  • Status: Completed
  • Built: 2006
  • Title To Land: Frhld/strata
  • Building Type: Strata Condos
  • Strata Plan: VIS6115
  • Bldg#: 12800

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The Wave MLS® Listings

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Building Info

845 Yates St, Victoria, BC V8W 1M1, Canada. Strata plan VIS6115.  Crossroads are Yates Street and Quadra Street located in the Harris Green neighbourhood in Victoria. This development is 13-level building with 101 units. Completed 2006. Maintenance Fees include building insurance, garbage pickup, hot wate, management, rec facility, water and yard maintenance. Nearby parks include Pioneer Square, Reeson Park and Royal Athletic Park. Nearby schools are Pacific School of Innovation and inquiry, Christ church Cathedral School, Christ Church Cathedral Pre School,  Pacific Rim College and Study Victoria.  Grocery Stores and Supermarkets nearby are Fisgard Market Ltd. Seven Seven Valley Fine Foods & Deli, Quonley's Gifts & Grocery, Wong Brothers and Bay Grocery. Short drive to downtown area Hillside Mall.

 

Strata Sub Categories: Strata Condos
 

The Wave Technical Info

Building Name The Wave
Address 845 Yates St
City Victoria
Neighborhood Downtown
Listing Price Range N/A
Floors 13
Units in Development: 101
Units in Strata:101
Property Types Frhld/strata
Sub Categories:Strata Condos
Year Built 2006
Restrictions Details
Strata Plan VIS6115
Title to Land Frhld/strata
  

The Wave Building & Common Area Photos

845 Yates Street, Victoria, BC
845 Yates Street, Victoria, BC
845 Yates Street, Victoria, BC
845 Yates Street, Victoria, BC

The Wave Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A The Yates on Yates - 848 Yates STREET -
  2. B 860 View - 860 View ST - VIS5739
  3. C The Metropolitan - 835 View ST - VIS3578
  4. D The 834 - 834 Johnson STREET - EPS522
  5. E The Manhattan - 930 Yates ST - VIS3861
  6. F Brookman Place - 935 Johnson ST - VIS3533
  7. G Legato - 960 Yates ST - EPP52584
  8. H Juliet - 760 Johnson ST - VIS6683
  9. I The Urban - 932 Johnson ST - VIS5587
  10. J The Palladian - 1600 Quadra ST - VIS6626
  11. K The SoHo - 848 Mason ALLEY - VIS6100
  12. L The Palladian - 1602 Quadra ST - VIP82118
  13. M 933 Meares - 933 Meares ST - VIS5713
  14. N Regents Park - West Tower - 1010 View ST - VIS2133
  15. O The Bossi House - 1007 Johnson ST - VIS6976
  16. P 989 Victoria - 989 Johnson STREET -
  17. Q The Monterey - 1015 Johnson ST - VIS4816
  18. R The SoMA - 732 Broughton STREET - VIS6827
  19. S 1030 Yates - 1030 Yates ST - VIS5679
  20. T The Monterey - 1011 Johnson ST - VIS48160
  21. U Regents Park - East Tower - 1020 View ST - VIS2133
  22. V 1022 Fort - 1022 Fort ST - VIS6085
  23. W 1026 Fort - 1026 Fort ST - VIS6085
  24. X Pacific Monarch - 1015 Pandora AVE - VIS2094
  25. Y Sutton Place West - 1026 Johnson ST - VIS1331
  26. Z 4061 Larchwood Dr - 4061 Larchwood DR - VIS5763
View All Buildings in Victoria

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


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