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Building & Condo information

Finlayson Reach

1400 Lynburne Place, Victoria, V9B 0A4 LA0455 - La Bear Mountain

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Building Info

Finlayson Reach - 1400 Lynburne Place, Victoria, BC V9B 0A4, Canada. Strata plan number VIS6701 . Crossroads are Bear Mountain Parkway and Country Club Way. Finlayson Reach is 11 stories with 159 condominium units, built in 2008. Set high above ground level, this condo overlooks stunning ponds, fountains, and gardens. The interior includes granite countertops, hardwood flooring, ceramic tile backsplash and  stainless steel appliances. The floor plan is open and airy with many windows. Maintenance fees includes Building Insurance, Caretaker, Garbage Pickup, Management, Water and Yard Maintenance. Nearby parks include Goldstream Provincial Park and Westshore Motocross Park. Nearby coffee shops include Mountain Bean Coffee Co., Bear's Den Coffee and Ice Cream Mountain. Nearby restaurants include Jack's Place Kuma Sushi, Jack's Place and Copper Rock Grill. Developed by Bear Mountain Master Partnership. Architecture by Zeidler Partnership Architects. Interior design by GordonnGordon Interiors Ltd.

Strata Sub Categories: Strata Townhouses

Victoria Real Estate Board Update

Victoria housing market remains steady for buyers and sellers over summer

 

August 1, 2024  A total of 650 properties sold in the Victoria Real Estate Board region this July, 9.2 per cent more than the 595 properties sold in July 2023 and a 1.7 per cent decrease from June 2024. Sales of condominiums were up 6.5 per cent from July 2023 with 213 units sold. Sales of single family homes increased by 8.9 percent from July 2023 with 319 sold.

"The month of July delivered another steady month of sales and listings, as we'd expect for an average summer season in our market," said 2024 Victoria Real Estate Board Chair Laurie Lidstone. "The sales in July tracked very closely to June numbers, which may have surprised some who expected that summer vacations would take more buyers out of the market. We did see inventory shrink a little from the previous month. This is not unusual for this time of year, but it is a trend we'll keep an eye on because inventory levels are crucial to keeping our market balanced."

There were 3,348 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of July 2024, a decrease of 3.2 per cent compared to the previous month of June and a 38.4 per cent increase from the 2,419 active listings for sale at the end of July 2023.

"There continues to be a lot of government intervention in our housing market," adds Chair Lidstone. "Recently, the provincial government announced changes to the Residential Tenancy Act that have resulted in some uncertainty for those considering homes with rental options. The changes have made an already complex transaction much more complicated and have added more risk. If you are considering purchasing or selling a tenanted or rental property, it's imperative to bring in the assistance of a REALTOR® to navigate new requirements and ensure your transaction is successful."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in July 2023 was $1,322,800. The benchmark value for the same home in July 2024 decreased by 2 per cent to $1,296,100, up from June's value of $1,295,500. The MLS® HPI benchmark value for a condominium in the Victoria Core area in July 2023 was $571,500 while the benchmark value for the same condominium in July 2024 decreased by 0.6 per cent to $567,800, down from the June value of $567,900.

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 1,660 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.

 

Finlayson Reach Technical Info

Building Name Finlayson Reach
Address 1400 Lynburne Place
City Victoria
Neighborhood La Bear Mountain
Floors 10
Units in Development: 159
Units in Strata:159
Property Types Frhld/strata
Sub Categories:Strata Townhouses
Year Built 2008
ManagementConfidential
Restrictions Details
Strata Plan VIS6701
Title to Land Frhld/strata


Finlayson Reach MLS® Listings And/Or Area MLS® Listings

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

   
   

Finlayson Reach Videos

Finlayson Reach at Bear Mountain Resort

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Finlayson Reach at Bear Mountain Resort

Finlayson Reach Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex and/or Area

  1. Cypress Gates - Phase 2 - 1999 Country Club WAY - VIS6037
  2. St. Andrews Walk East - 1375 Bear Mountain PKWY - VIS6323
  3. St. Andrews Walk East - 1375 Bear Mountain PKWY - VIS6323

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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