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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

595 Pandora

595 Pandora Avenue, Victoria, V8W 1N5 VI0015 - Downtown

Official Website: www.595pandora.com Marketers Website: www.magnumprojects.ca Developers Website: cieloproperties.ca
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Building Info

595 Pandora at 595 Pandora Avenue, Victoria, BC, Canada, V8W 1N5. 595 Pandora is a no-expense-spared conversion of the former Ministry of Forests and Service Canada government building that was built in 1987. Located in downtown adjacent to Mountain Equipment Coop and Victoria's Historic China Town. 595 Pandora is a 5-storey revitalized building with 53 condo units with studios, 1 and 2 bedrooms ranging in size from 518 to 1,435 sq.ft. The ground floor houses commercial / retail stores.

Close to Victoria Chinese Public School, Fisgard Market, Quinley's Gifts & Grocery and Tai Sang Grocery. Market Square and The Bay Centre.

Clossroads are Government Street and Pandora Avenue.

595 Pandora Has City-Approved Zoning for Short Term and Executive Rental

595 Pandora offers a unique opportunity for your clients to own a move-in-ready property in the heart of Downtown Victoria's Lantern District. There are 6 stunning Terrace Homes remaining, and 595 Pandora is one of the few new developments zoned for short term and executive rental , making this Victoria's best investment opportunity.

The Terrace Collection at 595 Pandora

Suite # Suite Type                 Sq. Ft. Parking Storage Price

 402  2 bedroom + den + flex  1,240       2           1       $1,057,900
403   2 bedroom + den + flex  1,218       1           1       $899,900
404   2 bedroom + den + flex  1,206       1           1       $1,029,900
405   2 bedroom                           950       1           1       $719,900
406   2 bedroom                           950       1           1       $769,900
408   2 bedroom + den + flex  1,415       1           1        $979,900

The top-floor Terrace Homes at 595 Pandora feature a premium Bosch appliance package - including 30" gas range, overheight ceilings, wide plank engineered hardwood flooring, and expansive patios perfect for taking in the best views in the city.

Exclusive Rental Management Provided by Spacehost

For investors at 595 Pandora looking into short term rental platforms such as AirBnB or VRBO, Spacehost is a local full-service property management company specializing in short term rentals in Downtown Victoria.

For an outline of Spacehost's full spectrum of services, and for more information on revenues for 595 Pandora, your clients can contact Nancy Paine at [email protected].

Approved zoning for short term rentals presents a rare opportunity for your clients to take advantage of B.C.'s fastest-growing real estate market! For further inquiries regarding 595 Pandora, or to book a private appointment to view these stunning Terrace Homes with your clients, please call our Magnum Team in Victoria at 250-888-1117 or at [email protected].

Sales Centre: www.magnumprojects.ca
Official Website: www.595pandora.com
Email: [email protected]
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.
 

 

595 Pandora Technical Info

Building Name 595 Pandora
Address 595 Pandora Avenue
City Victoria
Neighborhood Downtown
Floors 5
Units in Development: 53
Units in Strata:53
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2017
Developer Cielo Properties
Official Website www.595pandora.com
ManagementConfidential
Restrictions Details
Strata Plan EPS3741
Title to Land Freehold Strata


595 Pandora 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

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

595 Pandora 595 Pandora Rendering of 595 Pandora South View
Southwest View North View Northwest View 595 Pandora Master Ensuite
595 Pandora Living Area 595 Pandora Kitchen 595 Pandora Living Room 595 Pandora Master Bedroom

Videos

595 Pandora Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

Google Street View
Bing Areal View
Google Map
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Other Buildings in Complex and/or Area

  1. The Vogue - 599 Pandora AVE - VIS6012
  2. Union - 528 Pandora AVE - EPS1833
  3. 1407 Government - 1407 Government ST - VIS1633
  4. Swans Hotel Pub & Cafe - 510 Pandora AVE -
  5. Station Hotel - 501 Pandora AVE - VIS1580
  6. The E.G. Prior Building - 1401 Government ST - VIS1633
  7. 1441 Store - 1441 Store STREET - VIS1580
  8. Monaco - 610 Johnson ST - VIS6304
  9. 1610 Store St - 1610 Store ST -
  10. The Union - 517 Fisgard ST - EPS1833
  11. La Roux Patisserie - 519 Fisgard ST - EPS1833
  12. 1315 Waddington - 1315 Waddington ALLEY - VIS6999
  13. The Leiser Building - 524 Yates STREET - VIS6630
  14. The Leiser Building - 534 Yates STREET - VIS6630
  15. 532 Fisgard - 532 Fisgard STREET - VIS4896
  16. The Oriental - 562 Yates STREET - EPS460
  17. Waddington Alley Flats - 1310 Waddington ALLEY - EPS2086
  18. Mermaid Wharf - 409 Swift ST - VIS4930
  19. 601 Herald - 601 Herald STREET - EPS569
  20. Cityzen Residences - 613 Herald STREET - EPS5226
  21. Johnson Street Gateway - 1324 Wharf STREET -
  22. Mermaid Wharf - 407 Swift ST - VIS4930
  23. Victoria Regent - 1234 Wharf ST - VIS962
  24. 2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
  25. 648 Herald - 648 Herald STREET - VIS5362
  26. Denby Place - 770 Cormorant ST - VIS1190

Area Rentals

PM

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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