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438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 1030328
438 Wakesiah Ave Na University DistrictNanaimoV9R 3K8
Prime Student Housing Investment with Licensed Inn Component – Ideally located directly across from VIU, this property offers a rare opportunity to own a stable, income-producing asset in one of Nanaimo’s most desirable rental locations. It features 25 units (13 single-bed & 12 double-bed), totaling 37 beds, with consistently strong occupancy driven by reliable student demand. Its prime location supports steady, recession-resistant income & long-term rental stability. A key highlight is the approved inn license, allowing up to 12 rooms for short-term rental use. This flexible hybrid model provides excellent upside—maintain stable income from student rentals while increasing returns through short-term accommodation, especially during summer months. Built with durability, 15 rear parking stalls, lane-access parking. Close to all amenities, further enhancing tenant appeal. Stable income with strong upside potential. All info, data & measurements approximate; verify if important.More details
Discover your dream home in the master planned Hawthorne community by VIU. This pristine 4 bed, 2.5 bath half duplex (built 2017), backs to Buttertubs Marsh Park Nature Sanctuary & offers easy access to the walking trail just half a block away. Filled with southwest light, the open concept main floor & kitchen is a chef’s delight with high-end stainless appliances & generous island. Open concept living/dining design with efficient gas fireplace. A versatile bedroom/home office, half bath & mud room off the garage rounds out the main level. Upstairs, a luxurious primary suite has mountain views, huge walk in closet & spa inspired ensuite. 2 more bedrooms, full bathroom & laundry on the 2nd level. 4' crawlspace, under-stairs storage & garage. Spacious deck & low maintenance & fenced backyard. Walk to Vancouver Island University, ice rink, Aquatic Centre & schools. Nature, recreation & community all within reach! View today & fall in love. Confirm all measurements.More details
Build your dream home in the sought-after Hawthorne community — a traditional neighbourhood known for its tree-lined boulevards, winding pathways, and community park. Connected to the scenic Buttertubs Marsh nature sanctuary, Hawthorne offers a peaceful setting while remaining close to schools, including Vancouver Island University, sports facilities, the Parkway, and other popular amenities. Phase 6 lots are still available — You Belong Here!
All data including measurements are from sources which we believe to be reliable but should be verified if deemed to be important.More details
Build your dream home in the sought-after Hawthorne community — a traditional neighbourhood known for its tree-lined boulevards, winding pathways, and community park. Connected to the scenic Buttertubs Marsh nature sanctuary, Hawthorne offers a peaceful setting while remaining close to schools, including Vancouver Island University, sports facilities, the Parkway, and other popular amenities. Phase 6 lots are still available — You Belong Here!
All data including measurements are from sources which we believe to be reliable but should be verified if deemed to be important.More details
Build your dream home in the sought-after Hawthorne community — a traditional neighbourhood known for its tree-lined boulevards, winding pathways, and community park. Connected to the scenic Buttertubs Marsh nature sanctuary, Hawthorne offers a peaceful setting while remaining close to schools, including Vancouver Island University, sports facilities, the Parkway, and other popular amenities. Phase 6 lots are still available — You Belong Here!
All data including measurements are from sources which we believe to be reliable but should be verified if deemed to be important.More details