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Attention Property Managers, Building owners and Strata Council Members.


BCCondos.net, the largest and most comprehensive online source of strata building information in B.C., is pleased to announce that it is partnering with Titan Enersave, a Burnaby based LED lighting consultancy, to provide residential strata owners and property managers with an array of complementary value-added services as well as significant revenue generating and cost saving opportunities, which include:

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Building & Condo information

Mermaid Wharf

407 Swift St, Victoria, V8W 1S2 VI0015 - Downtown

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Building Info

Mermaid Wharf - 407 Swift Street, Victoria, BC V8W 1V4, Canada. Strata Plan VIS4930. Crossroads are Swift Street and Store Street located in the Downtown neighborhood in Victoria. This development is 7 storeys with 102 units. Completed 1999. Maintenance fees includes building insurance, garbage pickup, hot water, management and water. Other building in Strata is 409 Swift Street, Victoria, BC V8W 1S2, Canada.

Nearby Schools are Christ Church Cathedral School, James Bay Community School, Victoria High School, George Jay Elementary School, Pacific Rim College, Study Victoria and Elizabeth Buckley School. Supermarkets and Grocery stores nearby are Market On Yates, Quonley's Gifts & Grocery, Little Gem Grocery, Fisgard Market Ltd., Blair Mart Mediterranean Foods, Seven Valley Fine Food & Deli. Nearby parks include Reeson Park, Triangle Park and Ellice Point Park. Short drive to downtown area, Cedar Hill, Admirals Walk, Esquimalt Express, Maplewood, Sooke, Langford and Admirals Walk.

Strata Sub Categories: Strata Condos

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.
 

 

Mermaid Wharf Technical Info

Building Name Mermaid Wharf
Address 407 Swift St
City Victoria
Neighborhood Downtown
Listing Price Range N/A
Floors 7
Units in Development: 102
Units in Strata:102
Property Types Frhld/strata
Sub Categories:Strata Condos
Year Built 2000
ManagementConfidential
Restrictions Details
Strata Plan VIS4930
Title to Land Frhld/strata


Mermaid Wharf MLS® Listings And/Or Area MLS® Listings

"Sorry but there are no listings for sale in this building but here are some area listings within 1 KM"
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Mermaid Wharf Building & Common Area Photos (Click To Enlarge) (Print View)

407 Swift Street, Victoria, BC 407 Swift Street, Victoria, BC 407 Swift Street, Victoria, BC 407 Swift Street, Victoria, BC

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Mermaid Wharf Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex and/or Area

  1. Mermaid Wharf - 409 Swift ST - VIS4930
  2. 1610 Store St - 1610 Store ST -
  3. The Union - 517 Fisgard ST - EPS1833
  4. La Roux Patisserie - 519 Fisgard ST - EPS1833
  5. 1441 Store - 1441 Store STREET - VIS1580
  6. Swans Hotel Pub & Cafe - 510 Pandora AVE -
  7. 532 Fisgard - 532 Fisgard STREET - VIS4896
  8. Station Hotel - 501 Pandora AVE - VIS1580
  9. Union - 528 Pandora AVE - EPS1833
  10. Johnson Street Gateway - 1324 Wharf STREET -
  11. 595 Pandora - 595 Pandora AVENUE - EPS3741
  12. Waddington Alley Flats - 1310 Waddington ALLEY - EPS2086
  13. 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  14. The Vogue - 599 Pandora AVE - VIS6012
  15. 555 Chatham - 555 Chatham STREET - VIS5035
  16. The Leiser Building - 534 Yates STREET - VIS6630
  17. 601 Herald - 601 Herald STREET - EPS569
  18. The Leiser Building - 524 Yates STREET - VIS6630
  19. Cityzen Residences - 613 Herald STREET - EPS5226
  20. 1407 Government - 1407 Government ST - VIS1633
  21. The E.G. Prior Building - 1401 Government ST - VIS1633
  22. Monaco - 610 Johnson ST - VIS6304
  23. 648 Herald - 648 Herald STREET - VIS5362
  24. The Peninsula - 29 Songhees RD - VIS4023

Area Rentals

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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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