TheStrataBrochure
By StrataReports
Victoria, BC
BALANCE (BUILDING B)
379 Tyee Road
Unit 203
2
Bedrooms
2
Bathrooms
1,042
Sq Ft
$643.00/mo
$787,000
Year 2026
$4,095
Tax Year 2026
Listed by Pemberton Holmes Ltd. - Oak Bay
Why This Building Stands Out
Key highlights from the reviewed strata documents
Proactive Building Maintenance
Recent documented capital work completed or underway across 7 major building systems: building envelope, roof, mechanical, and piping, and more. Most recent: 2026.
Building Systems Confidence
Roof and windows are in good condition. Roof compares better than most for buildings in City of Victoria.
EV Charging Readiness
Compared with buildings in City of Victoria
Some EV readiness in place
65%
Planning stage
24%
No evidence of EV plans
11%
Level 1 system since 2019; 13 owners have stall chargers; MODO shared charger on common property; Electrical Planning Report completed July 2025.
Day-to-Day Policies
Rules that shape everyday living in this building
BBQ Rules
69% of buildings in City of Victoria allow gas/propane barbecues.
Short-Term Rental
RestrictedShort-term rentals under 30 days (including Airbnb/VRBO) are prohibited; rentals of 30 days or more are permitted.
City of Victoria policy split
Recent Major Upgrades
Significant capital work completed in recent years
Recent Building envelope Work
2026Parkade wall cracks repaired by Raincoast Waterproofing.
Recent Roof Work
2026Parapet hole at 379 Tyee rooftop repaired and new cover installed following annual inspection.
Recent Mechanical Work
2026Corroded pipe in P3 mechanical room replaced by South Island Mechanical.
Recent Piping Work
2026Domestic hot water expansion tank replaced, resolving black water issue for residents.
Recent Elevators Work
2026Elevator emergency phone power supply repaired, restoring reliable fire department communication.
Recent Windows Work
2026Defective exterior sunshades removed, stored, and scheduled for repair and reinstallation in spring 2026.
Recent Fire safety Work
2026New fire safety provider Troy Life engaged; fire panel batteries replaced and bell testing schedule established.
Building Systems
Status of major building systems based on reviewed documents
Roof
Multiple roof systems in good condition with regular inspections and maintenance.
Condition of City of Victoria
85%
in worse condition
15%
similar to
this building
Windows
Thermally broken double-glazed aluminum windows with over 20 years of life remaining.
Condition of City of Victoria
55%
in worse condition
45%
similar to
this building
Piping
Copper supply lines with proactive water treatment to maintain pipe longevity.
Condition of City of Victoria
9%
in worse condition
77%
similar to
this building
14%
in better condition
Elevators
Four traction elevators with major renewal planned for 2034 and recent safety testing completed.
Condition of City of Victoria
24%
in worse condition
52%
similar to
this building
24%
in better condition
Building Envelope
Major balcony renewal completed in 2025 with further exterior renewal planned for 2026.
Condition of City of Victoria
10%
in worse condition
70%
similar to
this building
20%
in better condition
Earthquake Deductible
(2025-2026)$250,000
minimum
Typical in City of Victoria: $100,000
High - higher than most