301 Nursery Hill Drive Victoria

$26 500 000
MLS No: Exclusive
Property type: Apartment Building
Area (Sq Ft)
61,910
Units
72
Price Per Unit
368,056

Specifications

  • Land Size: 62,860 Sq Ft
  • Year Built: 2019
  • Land Size (Acres): 1.44
  • Gross Building Sq Ft: 77400
  • Storeys: 6
  • Elevators: 1

Description

Multifamily Real Estate Services Corporation brokered the sale of 301 Nursery Hill Drive, Victoria.  Managing Broker Seth Baker exclusively represented the vendor.  The property was shared privately with qualified institutions.

301 Nursery Hill Dr, Victoria contains 65 luxury rental apartments and 7 executive townhomes. Units are built to condo quality with modern finishes and contemporary style.

Location Highlights

  • Just 20 minute drive to downtown Victoria, a convenient option for working professionals.
  • Stunning views over Esquimalt Harbour, the Strait of Juan de Fuca and the Olympic Mountains.
  • Major public transit route is 300m away, creating opportunities for commuters and single-car households.
  • Nursery Heights is adjacent to the E & N Rail Line. Plans are in process for future light rail transport.
  • Nursery Height is 3 minute drive to all amenities – grocery, restaurants, fitness, shops and more.
  • Neighbourhood parks nearby:
    • Nursery Hill Park (next door)
    • Chilco Park (400m, 4 minute walk)
    • Thetis Lake Regional Park (750m, 7 minute walk)
    • Galloping Goose Trail (300m, 3 minute walk).  Trail is popular with cyclist and commuters as a direct route to downtown.
  • Thetis Lake Regional Park is only 750m away.  Thetis Lake is famous throughout Victoria as a popular recreation destination.  As a result of the close proximity, lifestyle-focused tenants will pay more and stay longer.

Suite Mix

  • 1 Bed, 1 Bath Apartments
  • 1 Bed, 2 Bath Apartments
  • 2 Bed, 2 Bath Apartments
  • 3 Bed, 2.5 Bath Townhomes

Building Features and Finishes

Construction

  • Poured concrete foundation
  • Wood framing
  • Hardieboard exterior
  • Torch-on membrane roof
  • Double-glazed vinyl-frame windows
  • Asphalt driveway surfaces

Mechanical

  • Electric baseboard heating
  • High-efficiency electric hot water boilers in main building
  • Two hot water storage tanks in main building
  • Individual electric hot water on demand systems in townhomes
  • Individual electrical meters
  • Sprinkler system and fire alarm panels

Utilities

  • Municipal water
  • BCHydro hydro
  • FortisBC natural gas
  • Telus & Shaw phone/internet

Amenities

  • Air conditioning in all units
  • Two level underground parking with 98 spaces
  • Common area lobby and outdoor courtyard with gazebo
  • Storage and bike rooms
  • Public pathway to Nursery Hill Park
  • Magnificent views in all directions

Interior

  • Beautiful salt and pepper granite countertops
  • Durable gloss white flat slab panel cabinets
  • Whirlpool stainless steel fridge, range and dishwasher
  • Whirlpool stackable washer/dryer in each suite
  • Chrome Moen Vichy plumbing fixtures
  • Island pendant lighting
  • Low profile ceiling lights
  • Torly’s laminate flooring in suites
  • Durable vinyl flooring in bathrooms
  • Carpet tile common areas and hallways
  • Soothing earth-grey colour palette
  • Feature walls painted in master bedrooms
  • Vaulted 16′ ceilings on 6th floor

Property Identifiers

Address: 301 Nursery Hill Drive, Victoria, BC,

PID(s): 026-532-476

Legal Description: Lot C, Sections 6 and 103, Esquimalt District, Plan VIP80154

Contact the Agent

Seth Baker

Managing Broker & Owner
Phone
(778) 235-9293
Fax
(778) 650-0350
Address
801 - 938 Howe Street
Vancouver, BC, V6Z 1N9
In the rarified realm of rental development and multifamily property investing in British Columbia, Seth Baker is a true standout. As the owner and founder of Multifamily Real Estate Services, Seth has become a formidable force in this fiercely competitive industry. Read on to find out how his unique background, traits, education, work experience and zest for continual improvement have converged to make him one of the most respected professionals in the Vancouver apartment building brokerage world. Seth’s company, Multifamily Real Estate Services, is a widely respected real estate brokerage firm that specializes in connecting professional real estate investors with lucrative opportunities in Metro Vancouver and throughout the province. Located directly in the city, the company assists in the sale of some of the most valuable apartment buildings in the world. Seth’s commitment to forging powerful relationships with multifamily investors and developers provides a unique ability to help all parties…




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