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Building & Condo information

Mariners Reach

540 Nelson St
Esquimalt, V9A 6P6 ES0110 - Es Esquimalt

  • Levels: 2
  • Suites: 5
  • Status: Completed
  • Built: 1995
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Strata Plan: VIS3741
  • Management company:  Confidential
  • Bldg#: 8168

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Building Info

Mariners REach - 540 Nelson St, Victoria, BC V9A 6P5, Canada, strata plan VIS3741, 2-level, with 5 units townhouse, was built in 1995.   Located on Nelson Street and Equimalt Road, is in Esquimalt area of Victoria. Maintenance fees include building insurance, electricty, water and yard maintenance.  Nearby parks include Esquimalt Gorge Park, Saxe Point Park and Rockcrest Park.

Strata Sub Categories: Strata

Mariners Reach Technical Info

Building Name Mariners Reach
Address 540 Nelson St
City Esquimalt
Neighborhood Es Esquimalt
Listing Price Range N/A
Floors 2
Units in Development: 5
Units in Strata:5
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1995
ManagementConfidential
Restrictions Details
Strata Plan VIS3741
Title to Land Frhld/strata

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

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

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Other Buildings in Complex/Area

  1. A 516 Sturdee St - 516 Sturdee ST - VIS4145
  2. B Ovation - 1315 Esquimalt ROAD -
  3. C 520 Foster - 520 Foster ST - VIP5092
  4. D 617 Admirals Rd - 617 admirals RD -
  5. E The Martello - 1405 Esquimalt RD - VIP73731
  6. F 2109 Chambers - 2109 Chambers STREET - VIS5219
View All Buildings in Esquimalt

Area Rentals From Craigslist

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Area Rentals From Padmapper

Victoria Real Estate Board Update

Victoria Real Estate Market Slowly Stabilizing after a Record Breaking 2016

 

November 1, 2017 A total of 664 properties sold in the Victoria Real Estate Board region this October, 9.7 per cent fewer than the 735 properties sold in October last year.

"As expected, we saw fewer sales than this time last year," notes Victoria Real Estate Board President Ara Balabanian. "Looking at the longer term picture however, sales last month were 17.1 per cent above the ten year average of 567 properties for the month of October, so the market is still very active here in Victoria, and this is in spite of the ongoing low inventory levels."

There were 1,905 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of October 2017, a decrease of 3.6 per cent compared to the month of September and 1.7 per cent fewer than the 1,938 active listings for sale at the end of October 2016.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in October 2016 was $752,000. The benchmark value for the same home in October 2017 has increased by 9.3 per cent to $821,900, but is lower than July's value of $834,200.

"The fact that we've seen such a controlled levelling off in the market directly following a year which felt so uncontrollable in terms of demand and pressure on prices illustrates the depth and stability of the Victoria market. An unstable market may have experienced a heavy correction or shift, whereas in our market sales are moderating at a reasonable rate." adds President Balabanian. "In the coming months we expect to see less inventory on the market, because the year end changes buyer and seller behaviours, their focus shifts to holidays and winter weather. One unknown influence that may play on the winter market is the upcoming mortgage stress test. Some buyers may move their purchasing timelines forward to make their home purchases before the stress test on uninsured buyers (those with a downpayment of 20 per cent or more) becomes required January 1."

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 1,364 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.

 

For More Information 

Victoria Real Estate Board
Denise Hogue, Communications Manager

Phone: 250-920-4652

 

Frank Rudge October 2017 VREB Report

Frank Rudge Victoria Market Report for May 2017

Sales were down 22% for may over last year. Listings are up 12% from last year.
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Victoria News articles Search Victoria News 

# Article Publish Date Source
1 Victoria developers unleash new real estate projects
Booming real estate developments are planned for the Victoria area to fill the vacancy and affordability short falls.
The Capital region is roaring into 2018 with multi-billion-dollar developments
2018/01/03 Western Investor
2 Victoria Airport Authority green lights $35-million retail project
Sidney Crossing retail project near Victoria International Airport is a go.
The Sidney Crossing development is expecting a permit within the next few mont
2017/11/22 Western Investor
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