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Attention Property Managers, Building owners and Strata Council Members.


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Building & Condo information

Fairbridge

505 Cook St, Victoria, V8V 3Y4 VI0019 - Fairfield

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Building Info

Fairbridge at 505 Cook Street, Victoria, BC V8V, Canada, Strata Plan Number VIS901, 4 levels, 31 units in the development and was built in 1980. The nearest crossroads are Cook Street and Fairfield Road. Maintenance fees include building insurance, garbage pickup, management, water and yard maintenance; Also the building has the elevator and secure underground. Short walk to the ocean on Dallas road, stroll downtown to the Inner Harbour and near the transit stops. Nearby parks include Chapman Park, Pioneer Square and Porter Park. Nearby Schools are Central Middle School, Sir James Douglas Elementary School, Study Victoria and Victoria High School. Supermarkets and Grocery Stores nearby are Market On Yates, Oxford Foods, thrifty Foods, Quonley's Gifts & Groccery, Little Gem Grocery and Fisgard Market Ltd.

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.
 

 

Fairbridge Technical Info

Building Name Fairbridge
Address 505 Cook St
City Victoria
Neighborhood Fairfield
Listing Price Range N/A
Floors 4
Units in Development: 31
Units in Strata:31
Property Types Frhld/strata
Sub Categories:Strata Condos
Year Built 1980
ManagementConfidential
Restrictions Details
Strata Plan VIS901
Title to Land Frhld/strata


Fairbridge 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"
View All Area MLS® Listings: within 1 km

Fairbridge Building & Common Area Photos (Click To Enlarge) (Print View)

Fairbridge - 505 Cook Victoria BC Fairbridge - 505 Cook Victoria BC Fairbridge - 505 Cook Victoria BC Fairbridge - 505 Cook Victoria BC

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Other Buildings in Complex and/or Area

  1. Lady Jane - 1120 Fairfield RD - VIS812
  2. Sterling Park - 445 Cook ST - VIS3499
  3. 1065 Collinson - 1065 Collinson STREET - VIS3584
  4. Arbour Glen - 605 Cook ST - VIS449
  5. Village Park - 439 Cook ST - VIS1010
  6. Cedar Fair - 1025 Fairfield RD - VIS171
  7. The Westfield - 1024 Fairfield RD - VIS365
  8. Brownstone - 451 Chester AVE - EPS773
  9. Seville - 1021 Collinson ST -
  10. Castleholm Manor - 1122 Hilda ST - VIS25
  11. 1127 Richardson - 1127 Richardson ST - VIS2194
  12. 523 Trutch - 523 Trutch STREET - EPS471
  13. 535 Trutch - 535 Trutch ST - VIS2893
  14. Faircrest - 1158 Fairfield RD - VIS1885
  15. Waltham House - 1101 Hilda ST - VIS212
  16. 609 Trutch - 609 Trutch STREET - VIS3376
  17. Pakington Manor - 1012 Pakington ST -
  18. The Richardson - 1037 Richardson ST - VIS2951
  19. Minton House - 1070 Southgate ST - VIS3631
  20. Richardson Court - 1120 Richardson ST - VIS3999
  21. El Mirador - 777 Cook ST - VIP18738
  22. The Lexington - 1012 Collinson ST - VIS386
  23. Southgate Manor - 1060 Southgate ALLEY - VIS4008
  24. Hycroft Arms - 1157 Fairfield RD - VIS41
  25. The Cassidy - 1146 Richardson ST - EPS496
  26. The Mary Stuart - 1035 McClure ST - VIS81

Area Rentals

PM

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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