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Real Estate Market Update for Victoria – April 2023

Real Estate Market Update Victoria - April 2023

Good news makes for a buoyant market.  It looks like the turbulent and uncertain waters of inflation on our real estate market are behind us and it’s back to confidence. The news has been positive on many fronts since my last newsletter. The Bank of Canada held rates for the second time in a row … » Learn More about Real Estate Market Update for Victoria – April 2023

Filed Under: In the News, Real Estate, Your Victoria Life Tagged With: Capital City Group, Real Estate, Victoria BC, Victoria Real Estate Market Update, YYJ Real Estate

Victoria Real Estate Market Update – March 2023

Victoria Real Estate Market Update March 2023

Here comes the spring market!!! As expected, the Federal Government’s indication of interest rate stability by choosing not to raise interest rates in March, and recent announcement showing inflation continues to fall has breathed confidence back into the market in Victoria, a real estate market plagued with low inventory and soaring demand. The Sales-to-Active Listings … » Learn More about Victoria Real Estate Market Update – March 2023

Filed Under: Real Estate Tagged With: Capital City Group, Colwood, Real Estate, Royal Bay, Victoria Real Estate Market Update, Westshore, YYJ Real Estate

Victoria Real Estate Market Update – February 2023

February 2023 Real Estate Market Update Newsletter

A frigid January in the real estate market Consumer confidence remained cool in the real estate market in the first half of January this year with sales quite cold but warming up towards the end of the month. The slowing of interest rate hikes with a modest 1/4 point rise this month coupled with indications … » Learn More about Victoria Real Estate Market Update – February 2023

Filed Under: Real Estate Tagged With: Capital City Group, Real Estate, Victoria Real Estate Market Update, YYJ Real Estate

Victoria Real Estate Market Update – September

September 2022 Newsletter Real Estate Victoria

Victoria Real Estate Market Update | Average Home $1.27M. The benchmark price for a home in Greater Victoria area was down 2.9% to $1,391,700 from July’s value of $1,433,400.

Filed Under: Real Estate Tagged With: Capital City Group, Real Estate, Victoria Real Estate Market Update, YYJ Real Estate

Real Estate Victoria | Market Update – July 2022

Victoria Real Estate Market Update Statistics for July 2022

Not surprisingly the slowdown in the real estate market in Victoria continued with the Sales-to-Active Listings ratio down to 29.7% at the end of last month. This represents another 10% drop in sales over inventory month over month and the move back towards a balanced market. As this is a bit of a trailing indicator … » Learn More about Real Estate Victoria | Market Update – July 2022

Filed Under: Real Estate Tagged With: Victoria Real Estate Market Update

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This stunning 1894 Queen Anne Style home is located amongst other charming Vic West Character homes on a knoll with views of the city and Selkirk waterway. The inside and out attention to detail is a testament to the elegance of the era, with modern updates incorporated.
Enjoy the renovated kitchen with sleek quartz countertops, open dining room and breakfast nook. The spacious living room with a cozy gas fireplace is ideal for gatherings, while the main floor office provides flexibility.
Upstairs, discover two bedrooms and a bathroom, as well as a full primary bedroom suite with a updated 4-piece ensuite with in floor heating. The bedroom balcony provides the space to relax with cityscape views and, on clear days, views of the Olympic Mountains.
This exceptional property is in an ideal walkable location with easy access to downtown, the Gorge & Selkirk Waterway, Inner Harbour and Galloping Goose Trail. Experience the best of historical charm and modern convenience. $1,149,999 Active

202 Raynor Ave Victoria, British Columbia

3 Beds 3 Baths 2,266 SqFt 0.100 Acres

Open House Sunday 11:45-1:00 VIRTUAL O/H> HD VIDEO, DRONE, 3D MATTERPORT, PHOTOS & FLOOR PLAN online! Steps to the ocean & Songhees Walkway, welcome to your dream home in Vic West! This stunning 3bd/3bth home is the perfect blend of comfort & luxury. As you step inside, you'll be greeted by an inviting living room w/9ft ceilings that's perfect to entertain guests or relax w/family. The large, functional kitchen is perfect for preparing meals w/plenty of counter space & newer appliances (F/S). With generous sized bedrooms & ample storage you'll never have to worry about running out of space. The yard boasts a beautiful garden that's perfect for enjoying the outdoors surrounded by the lush greenery, beautiful flowers & let the in-ground irrigation take care of the watering. This home is close to all local amenities, including rec centers, parks, ocean, pubs & shopping. You'll never be far from the action, making it easy to enjoy all that this vibrant community has to offer. Must see!! $1,097,000 Active

502 Russell St Victoria, British Columbia

3 Beds 3 Baths 1,705 SqFt 0.060 Acres

A great opportunity for a legal ( side by side ) DUPLEX;  fee simple, non strata titled with R - 2, Two Family Dwelling zoning.  An excellent land area of 9645 sf ( 0.22 Ac ) in size that has GREAT PRIVACY.  An ideal investment property for downsizers, investors or a home with a legal mortgage helper.  Each side is currently owner occupied with  2 BR floor plan that are a mirror image of the other side;  only except that 550 side has 1 full bath;  548 side has 2 full baths.  Both sides has a kitchen with skylit ceiling, livingroom / dining room combination, separate laundry room, wonderful sunny shared yard,  fully fenced and private;  2 separate enclosed garages. A brand new roof over the main residence.   An Excellent Location, quiet neighborhood that is a short distance to Downtown Victoria, close to many amenities and bus routes. $1,280,000 Active

648 / 650 Raynor Ave Victoria, British Columbia

4 Beds 3 Baths 2,700 SqFt 0.220 Acres

Development Potential!! Welcome to this exciting real estate opportunity - a rare chance to acquire two adjacent properties with massive development potential through a land assembly. Located in a highly desirable area, this site presents a fantastic opportunity for developers and investors seeking to create a landmark project in a prime location. The two properties being offered for sale are located at 790 Wilson and 802 Hereward, and are being sold together. The first property has a lot size of 50x120, which translates to 6,000 square feet. The second property, listed under MLS #929394, has a lot size of 50x130, which is 6,500 square feet. Combined, these two properties offer a total land size of 12,500 square feet with a 1.5 FAR, Floor Area Ratio, providing ample development potential for a variety of uses. The location of this property is in a vibrant and dynamic area that is in the midst of a rapid transformation, with new developments and infrastructure projects underway. $849,000 Active

790 Wilson St Victoria, British Columbia

1 Beds 1 Baths 1,004 SqFt 0.140 Acres

Development Potential!! Welcome to this exciting real estate opportunity - a rare chance to acquire two adjacent properties with massive development potential through a land assembly. Located in a highly desirable area, this site presents a fantastic opportunity for developers and investors seeking to create a landmark project in a prime location. The two properties being offered for sale are located at 790 Wilson and 802 Hereward, and are being sold together. The first property has a lot size of 50x120, which translates to 6,000 square feet. The second property, listed under MLS #929384, has a lot size of 50x130, which is 6,500 square feet. Combined, these two properties offer a total land size of 12,500 square feet with a 1.5 FAR, Floor Area Ratio, providing ample development potential for a variety of uses. The location of this property is in a vibrant and dynamic area that is in the midst of a rapid transformation, with new developments and infrastructure projects underway. $849,000 Active

802 Hereward Rd Victoria, British Columbia

4 Beds 2 Baths 1,505 SqFt 0.150 Acres

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Karen Williamson
Client Care Manager (Unlicensed)

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