Building Info

The SoMA - 732 Broughton Street, Victoria, BC V8W 1E1, Canada. Strata plan number VIS6827. Crossroads are Trans-Canada Highway and Blanshard Street. This mixed-use development is 6 storeys with 13 units. Built in 2009. Maintenance fees includes building insurance, garbage pickup and water.

Located right across Greater Victoria Public Library - Central Branch. Nearby parks are Pioneer Square, Cridge Park and Thunderbird Park. Schools nearby are Elizabeth Buckley Middle School, Pacific School of Innovation and Inquiry, Inlingua, Christ Church Cathedral School, St Andrew's Elementary School and Pacific Rim College. Grocery stores and supermarkets nearby are Market On Yates, Cinema Convenience Store and A Mart Korean Grocery. Steps away from shopping, coffee shops, restaurants and other amenities.

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.

View our press release and summary here.

View our complete statistical package here.

The SoMA Technical Info

Building Name	The SoMA
Address	732 Broughton Street
City	Victoria
Neighborhood	Downtown
Listing Price Range	N/A
Floors	6
Units in Development:	13
Units in Strata:	13
Property Types	Frhld/strata
Sub Categories:	Strata Condos
Year Built	2009

Management	Confidential
Restrictions	Details
Strata Plan	VIS6827
Title to Land	Frhld/strata

The SoMA 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

The SoMA Building & Common Area Photos (Click To Small) (Click To Enlarge) (Print View)


732 Broughton Street, Victoria, BC	732 Broughton Street, Victoria, BC	732 Broughton Street, Victoria, BC	732 Broughton Street, Victoria, BC

The SoMA 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

The Falls - 707 Courtney STREET - VIS6797
The Falls - 708 Burdett AVE - VIS6797
The Magnolia Hotel and Spa - 623 Courtney STREET - VIS4624
Duet - 640 Michigan STREET - EPS741
The Sovereign - 608 Broughton STREET - EPS1336
Astoria - 751 Fairfield RD - VIP74596
The Metropolitan - 835 View ST - VIS3578
Chatsworth House - 819 Burdett AVE - VIS1350
The Hudson - 770 Fisgard STREET - EPS254
Aria - 737 Humboldt STREET - VIS6606
Savoy - 777 Blanshard ST - VIS183
860 View - 860 View ST - VIS5739
Customs House - 816 Government STREET -
Customs House - 888 Government STREET - EPP69462
The Wave - 845 Yates ST - VIS6115
2573 Kilgary Pl - 2573 Kilgary PL - VIP54874
The Yates on Yates - 848 Yates ST - EPS7014
933 Meares - 933 Meares ST - VIS5713

Area Rentals

Links & Resources

https://www.walkscore.com/score/732-broughton-st-victoria-bc-canada

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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