Building Info

2525 Oakville Avenue, Sidney, BC V8L 3C9, Canada, Strata Plan Number VIS4670. 2525 Oakville is a 2 level, 4 units townhouse development built in 1998. Crossroads are Oakville Avenue and First Street. Maintenance fees include building insurance and yard maintenance. Walking distance to school, restaurant, public transit and entertainment. Enjoy your healthy lifestyle activities at East Park with pleasant ocean views.

Strata Sub Categories: Strata

Victoria Real Estate Board Update

A balanced market means opportunity for buyers and sellers in Victoria

February 1, 2024 A total of 341 properties sold in the Victoria Real Estate Board region this January, 22.7 per cent more than the 278 properties sold in January 2023 and a 3.6 per cent increase from December 2023. Sales of condominiums were up 10.9 per cent from January 2023 with 112 units sold. Sales of single family homes increased 35 per cent from January 2023 with 162 sold.

"Our housing market eased into the new year with a renewed sense of balance," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "Sales were up slightly based off last year's very low numbers, and overall, we saw the stabilization that we observed in late 2023 continue into 2024. Mortgage rates have levelled out, inventory is slowly creeping back up, and we are no longer in that highly pressurized market of recent years which created complicated and sometimes stressful conditions for buyers and sellers."

There were 2,140 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2024, an increase of 0.4 per cent compared to the previous month of December and a 23.1 per cent increase from the 1,739 active listings for sale at the end of January 2023.

"I think this balance and stability in our market brings with it an optimistic outlook for the coming months," adds Chair Lidstone. "If balanced conditions continue, buyers and sellers will have more time to make decisions and there will be less pressure on pricing. Of course, there are many factors that impact the market here in Victoria, and as we've seen in the past things can change very rapidly. If you are considering selling or buying, connect with a local Realtor to identify where your opportunities are as we move towards spring."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2023 was $1,224,000. The benchmark value for the same home in January 2024 increased by 1.6 per cent to $1,244,000 down from December's value of $1,268,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in January 2023 was $562,200 while the benchmark value for the same condominium in January 2024 decreased by 0.6 per cent to $559,000, down from the December value of $562,000.

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 1,649 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.

2525 Oakville Ave Technical Info

Building Name	2525 Oakville Ave
Address	2525 Oakville Ave
City	Sidney
Neighborhood	SI Sidney
Listing Price Range	N/A
Floors	2
Units in Development:	4
Units in Strata:	4
Property Types	Frhld/strata
Sub Categories:	Strata
Year Built	1998

Management	Confidential
Restrictions	Details
Strata Plan	VIS4670
Title to Land	Frhld/strata

2525 Oakville Ave MLS® Listings And/Or Area MLS® Listings

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2525 Oakville Ave Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex and/or Area

Sail Pointe - 2545 Oakville AVE -
9675 First St - 9675 First ST - VIS4904
9717 First St - 9717 First ST -
East View Manor - 9730 Eastview DR - VIS3526
Chateau Nova - 9650 First ST - VIS1934
9711 Second St - 9711 Second ST -
9751 First St - 9751 First ST - VIP69203
9688 Second St - 9688 Second ST -
9691 Second St - 9691 Second ST -
Olympic View - 9710 Second ST - VIS2499
Bayview Estates - 9650 Second ST -
The Scollard Building - 9730 Second ST - VIS3912
9670 Second - 9670 Second ST - VIS3460
The Oakville - 9717 Third ST -
9725 Fourth - 9725 Fourth ST - VIS4675
9711 Fourth St - 9711 Fourth ST - VIP59456
9724 Fourth St - 9724 Fourth ST -
9751 Fourth St - 9751 Fourth ST - VIP8877
Centennial Square - 9711 Fifth ST - VIS2212
The Sea Breeze - 9776 Fourth ST -
9625 Fifth St - 9625 Fifth ST - VIP80595
9670 Second St - 9670 Second ST - VIS3460
9675 First St - 9675 First ST - VIS4904
Olympic View - 9710 Second ST - VIS2499
The Oakville - 9717 Third ST -

Area Rentals

Links & Resources

Update From VREB Chair Graden Sol

Dec

NOVEMBER 2021 \| Real Estate Market Update \| Santa Clara County \| Heather Lange Homes	Victoria BC Real Estate Stats - August 2021 A total of 831 properties sold in the Victoria Real Estate Board region this August, 15.1 per cent fewer than the 979 properties sold in August 2020 and 0.5 per cent fewer than the previous month of July. Condominium sales were up 31.7 per cent from August 2020 with 345 units sold. 21.5 per cent more condominiums sold in August 2021 than in the previous month of July. Sales of single family homes were down 29.9 per cent from August 2020 with 357 sold. 9.8 per cent fewer single family homes sold in August 2021 than in the previous month of July.	Victoria Real Estate Market Update - August 5, 2021 Inventory is down.	Frank Rudge October 2017 VREB Report Sales for October down 10% from last year. Listing are down 3% from September.
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