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438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
438 Wakesiah Ave Na University DistrictNanaimoV9R 3K8
Presenting a unique investment opportunity: an award-winning student housing apartment building located on Vancouver Island. This prime property is situated directly across from Vancouver Island University, ensuring a steady and consistent occupancy rate. The three-level building comprises 25 fully-equipped units, including 13 one-bedroom and 12 two-bedroom apartments. Each unit features its own kitchen and bathroom, providing students with privacy and convenience. Granite countertops throughout add a touch of luxury to these modern living spaces. Each floor offers a common area designed to foster communication and community among residents. Additionally, every level is equipped with a public washroom and a coin-operated laundry facility for added convenience. The lower level includes a secure bike storage room, catering to the needs of environmentally-conscious students. The property boasts 17 parking spaces located in the back lane, providing ample parking for residents.More details
Listed by Sutton Group-West Coast Realty (Nan) and Nu Stream Realty Inc
Discover an exceptional chance to acquire a prime development property in Nanaimo's University District. Situated at 622, 626, and 630 Fourth Street, this offering includes three identical lots, each with lane access and cumulatively spanning over 20,000 square feet. Located just a short stroll from the Vancouver Island University campus, this site is perfectly positioned for a potential condominium or rental project that would appeal to faculty, students, and families alike. With the potential to construct 24 units or more, this property presents a profitable opportunity for developers eager to meet the increasing housing demand in the region. Highlighted is a neighboring project on a similar site that successfully underwent rezoning and secured permits within just 7 months, illustrating the potential for rapid project initiation. Don't let this unique opportunity to secure a prime development site in one of Nanaimo's most sought-after locations slip away.More details
Incredible Investment Opportunity! Two legal lots for sale in the coveted University District. Endless possibilities await with multi-family development potential. The Official City Plan for this area is R7 or R8 zoning, making this a developer's dream. These lots are perfect for townhouses or apartment-style condominiums. One of the lots includes a charming 1961-built home featuring 4 bedrooms, 2 bathrooms, and a main level entry with a walk-out basement. Perfect for rental income while re-zoning. Located just five minutes from downtown, and a short stroll to recreation, shopping, transit and all levels of schools including VIU. Buyer to verify zoning and development potential. Measurements approximate, please verify if important.More details
This legal duplex is located in the University district and is very near schools and transportation. The duplex is fully occupied and has had significant updates done. At 778 sqft each side this 2 bedroom 2 bathroom (each side) and a large laundry room, would make an excellent investment for anyone looking for either a home or an addition to their portfolio. Updates include: newer roof, windows, flooring throughout, perimeter drainage, paint and more. Each side is occupied by excellent tenants. Walking Distance to Malaspina Pre-school (1 minute), Fairview Elementary (2 minutes), Nanaimo District Secondary (10 minutes), Nanaimo Ice Center (14 minutes), Vancouver Island University (20 minutes). All measurements are approximate and must be verified if important.More details
Classy home in Valley Oak Park featuring a comfortable 1279sf, 2 bedrooms and den, traditional plan. You will embrace the size of each room including the 14'9x13' den, large primary bedroom with 3 piece ensuite, deep living room with gas fireplace, and adjoining dining area, and of course the tastefully appointed kitchen. Recent updates including some blinds, interior paint, flooring, and quality washer and dryer. A large laundry room with side door, heat pump, gardens, carport, covered deck for optimal summer fun, and a garden shed. The location is ideal as you are walking distance to Buttertubs Marsh, Ice and Aquatic Centers. Bus routes, ease of access to the inland parkway, proximity to Bowen Park, shopping, and the University are all noteworthy amenities. All measurements are approximate and should be verified if important.More details