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Building & Condo information

Beach Drive Manor

1318 Beach Dr
Oak Bay, V8S 2N5 OB0100 - OB South Oak Bay

  • Levels: 3
  • Suites: 15
  • Status: Completed
  • Built: 1956
  • Title To Land: Co-op
  • Building Type: Strata
  • Strata Plan: VIP1059
  • Management company:  Confidential
  • Bldg#: 11952

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Building Info

Beach Drive Manor, 1318 Beach Dr, Oak Bay, V8S 2N5 is located in OB South Oak Bay of Oak Bay. Beach Drive Manor has 15 Units and 3 Levels. This building was built in 1956. There are 0 active listings in Beach Drive Manor. Building features include elevator,laundry.
Strata Sub Categories: Strata

Beach Drive Manor Technical Info

Building Name Beach Drive Manor
Address 1318 Beach Dr
City Oak Bay
Neighborhood OB South Oak Bay
Listing Price Range N/A
Floors 3
Units in Development: 15
Units in Strata:15
Property Types Co-op
Sub Categories:Strata
Year Built 1956
ManagementConfidential
Restrictions Details
Strata Plan VIP1059
Title to Land Co-op

Beach Drive Manor MLS® Listings And/Or Area MLS® Listings

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Beach Drive Manor Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A The Dorchester - 1370 Beach DR - VIS1193
  2. B 1440 Beach - 1440 Beach DRIVE - VIS66
  3. C Twelve Eleven Beach - 1211 Beach DR -
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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 Strong to the End of 2017

 


January 2, 2018  A total of 462 properties sold in the Victoria Real Estate Board region this December, 1.9 per cent fewer than the 471 properties sold in December last year.

A grand total of 8,944 properties sold over the course of 2017, 15.8 percent fewer than the record breaking 10,622 that sold in 2016. 2017 sales came in at 21.7 per cent over the ten year average of 7,349 properties sold.

"Early in 2017 we discussed how the Victoria area housing market would be different than the record breaking year we had in 2016 and that over the course of the year we'd probably see a gradual return to a more balanced market. We did see evidence of this change come early in the year, as multiple offers and rapid price increases leveled out," says Victoria Real Estate Board President Ara Balabanian. "However, the ongoing low inventory of properties for sale meant that buyers continued to experience competitive situations in high demand areas, and multiple offers were still a common occurrence as buyers negotiated in a tighter market. What we couldn't anticipate were outside factors such as changes to mortgage qualifying rules that may have pushed people into the market early. The pending mortgage stress test in particular is likely to have caused much of the increased activity we've seen in November and December."

There were 1,384 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2017, a decrease of 21.5 per cent compared to the month of November and 7.3 per cent fewer than the 1,493 active listings for sale at the end of December 2016. This is the lowest level of inventory for the area in the month of December since the statistic was tracked in 1996.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in December 2016 was $753,900. The benchmark value for the same home in December 2017 has increased by 9.3 per cent to $823,800, and is slightly lower than November's value of $824,600.

"Overall, the low inventory and the continued interest in Victoria real estate meant that well-priced homes were quick to sell in 2017. Moving forward, we expect to see more inventory come into the market, which will continue to move us toward a more balanced state," adds President Balabanian. "We also expect housing prices to remain stable, without the increases we tracked in 2016, and anticipate steady slow growth. In markets like these, it's important to enlist the services of a REALTOR® to help you navigate what may be your largest transaction ever."

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 1,374 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.

 

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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