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Building & Condo information

University Park Terrace

1870 Mckenzie Ave
Saanich East, V8N 4X3 SE0200 - SE Gordon Head

  • Levels: 3
  • Suites: 90
  • Status: Completed
  • Built: 1975
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Strata Plan: VIS159
  • Management company:  Confidential
  • Bldg#: 12134

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Building Info

University Park Terrace, 1870 Mckenzie Ave, Saanich East, V8N 4X3 is located in SE Gordon Head of Saanich East. University Park Terrace has 90 Units and 3 Levels. This building was built in 1975. There are 0 active listings in University Park Terrace. Building features include bike storage,elevator,exercise rm,hobby/work rm,laundry,rec room.
Strata Sub Categories: Strata

University Park Terrace Technical Info

Building Name University Park Terrace
Address 1870 Mckenzie Ave
City Saanich East
Neighborhood SE Gordon Head
Listing Price Range N/A
Floors 3
Units in Development: 90
Units in Strata:90
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1975
Restrictions Details
Strata Plan VIS159
Title to Land Frhld/strata

University Park Terrace MLS® Listings And/Or Area MLS® Listings

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Other Buildings in Complex/Area

  1. A Roscommon Estates - 1809 McKenzie AVE - VIS4339
View All Buildings in Saanich East

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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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