Downtown Harris Green Building Overview
Regents Park is situated in the Harris Green neighbourhood at View & Vancouver street. It is a single strata corporation with 2 buildings (unified, not sectioned strata), comprising of 202 steel and concrete units with underground parking. The strata bylaws allow rentals, BBQ, and one small pet.
#403 1010 View Street
Off Market – SOLD
#1304 1020 View Street
Ascot – North Facing – Sold Nov 15, 2021
$675,000
#PH1104 1010 View Street
Penthouse – SOLD March 15, 2022
$955,000
#PH1103 1010 View Street
Penthouse – SOLD June 4, 2021
$870,000
#1005 1010 View Street
Off Market – SOLD April 21, 2021
Dustin represented the Seller in this off-market transaction. An above-asking offer was quickly generated, with dates dictated by the Seller
#1505 1020 View Street
SOLD January, 2021
Dustin represented the Seller(s) in this transaction. A full marketing campaign included 3D Matterport, Virtual Staging, and Canada Post print marketing. An offer was generated for a quick closing within 14 days.
#802 1010 View Street
SOLD November, 2020
Dustin represented the Buyer in this transaction. The out of town buyer required a thorough review and introduction to Victoria and Regents Park physical and financial condition. I negotiated a large price reduction for this unit. The unit was improved with significant kitchen and bathroom upgrades making it move-in ready.
#508 1010 View Street
SOLD August, 2019
Dustin represented the Buyer in this transaction. The out of town buyer was familiar with the building. Dustin submitted a bully offer that got accepted within hours of the property hitting the market..
Condo Building Overview
1010 View Street (West Tower) was the first constructed is 11 storey’s and contains 77 units. 1020 View Street (East Tower) is 17 storey’s and contains 125 units.
The complex only contains two units types (excluding the 4 penthouse suites in each tower).
The Ascot units are larger 2 bed/2bath units spanning just over 1,100 SF of interior space. The Ascot’s are either South Facing (01,08) or North Facing (04,05).
The Balmoral is the next unit type, spanning approximately 950 SF it’s smaller than the Ascot but still offers generous 2bed/2bath layout. The Balmorals are West Facing (02,06) and East Facing (03,07).
Floorplans for condo units at Regent Park
Sales Activity at 1010 & 1020 View Street, Victoria BC
Updated February 11, 2021.
Is it a good investment?
Regents Park has very low turnover for a building of its size, reflecting the general happiness of residents and owners.
Prices in this building have been far lower to new construction condos in the neighbourhood often fetching $800-$1,000/SF. This is largely due to that many units and interiors are out-dated and have not been renovated from the 1990’s. Pink linoleum, pink paints, pink countertops, dated bathrooms are commonplace. The strata corporation has recently overhauled a prohibition on hard surface flooring bylaw, which historically constrained values in the building. Now many owners are opting to install engineered hardwood or high quality vinyl plank flooring. Cosmetically updating a unit allows Buyer’s to achieve superior unit sizes, layout, and location for a remarkable price.
If you’re considering Selling or Buying a unit at Regent’s Park, please contact Dustin Miller for a professional consultation