BC > Nanaimo
Nanaimo, BC V9K 3K8,438 Wakesiah Ave
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Nanaimo, BC V9K 3K8,438 Wakesiah Ave
Nanaimo, BC V9K 3K8,438 Wakesiah Ave
Nanaimo, BC V9K 3K8,438 Wakesiah Ave
Nanaimo, BC V9K 3K8,438 Wakesiah Ave

$4,850,000

Est. payment /mo

$4,900,000

1.0%
Est.Price: ?

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438 Wakesiah Ave Nanaimo, BC V9K 3K8

0.3 Acres Lot

SOLD DATE : 01/06/2022

Key Details

Sold Price $4,850,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 884370

Year Built 2015

Annual Tax Amount $1,904

Tax Year 2020

Lot Size 0.300 Acres

Property Description

Award winning building in Nanaimo with consistent occupancy directly across from the Nananimo Vancouver Island University. This is a safe & profitable student residences business and building. University student housing is recession resistant passive income investment perfect for the buyer who wishes to be involved in the ongoing management. Building offers up 25 high end housing units consisting of 13 single bed & 12 double bed units. This 3 floor building is sure to impress with its 5 star quality construction & low maintenance for years to come with features such as granite counter tops throughout, quartz tile entrance foyer, modern paint scheme, low-E windows, economical multi zoned hot water heating system, pressurized building, student parking w/lane access, separate bike storage, onsite laundry, security cameras all areas & more! A perfect growth investment opportunity. All measurements, info and data not to be relied upon and must be verified if important.

Location

Province BC

County Nanaimo, City Of

Area Na University District

Zoning COR

Interior

Heating Hot Water, Natural Gas

Cooling None

Flooring Carpet, Tile

Equipment Other Improvements

Exterior

Exterior Feature Balcony/Deck, Balcony/Patio, Fenced, Lighting, Low Maintenance Yard, Security System, Sign: Allowed, Sprinkler System, Storefront

Parking On Site 1

Utilities Available Cable To Lot, Electricity To Lot, Garbage, Natural Gas To Lot, Phone To Lot, Recycling, Underground Utilities, See Remarks

View Y/N 1

View Mountain(s)

Building

Lot Description Central Location, Easy Access, Landscaped, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, Square Lot, See Remarks

Story 3

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Cement Fibre,Concrete,Frame Metal,Frame Wood,Glass,Insulation All,Steel Siding

Others

Acceptable Financing None

Listing Terms None

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John Cooper

John Cooper

+1(250) 619-9207

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Sutton Group-West Coast Realty (Nan)
Bought with Sutton Group-West Coast Realty (Nan)
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John Cooper

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+1(250) 619-9207

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