$5,899,000
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438 Wakesiah Ave, Nanaimo, BC V9R3K8

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. A balcony on the top of the building offers a relaxing outdoor space with stunning views. This student housing complex represents a safe and profitable business venture, thanks to its prime location and high demand. Don't miss this chance to own a prestigious, high-occupancy property in a thriving university area. Measurement is approximate, pls verify if important (id:55598)

  • MLS® 969288
  • Date Listed07/02/2024
  • Days on Realty 72 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 12,917 sq. ft
  • Subdivision University District

Interior Features

  • Cooling None
  • Heating Baseboard Heaters, Hot Water, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 12,917.00
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in BC / V9R3K8

Source: Walkscore

72/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

68/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

12 nearby routes: 12 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 36/100, Bike Score: 40/100.

Points of interest near 438 Wakesiah Ave, Nanaimo, BC V9R3K8

Frequently Asked Questions for 438 Wakesiah Ave

Source: Realty.com

438 Wakesiah Ave, Nanaimo, BC V9R3K8 is a Multi Family, Residential Income property listed for $5,899,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 62 photos of 438 Wakesiah Ave.

The full address for this home is 438 Wakesiah Ave, Nanaimo, BC V9R3K8.

438 Wakesiah Ave has been listed on Realty.com since Tue July 02, 2024

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 35/100, Transit Score: 36/100, Bike Score: 40/100.

Listing provided courtesy of: Sutton Group-West Coast Realty (Nan) (tel: (250) 756-2112)
Listing agent: Sunny Sun (tel: (250) 756-2112)

This content last refreshed on 2024-09-12 12:29:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 438 Wakesiah Ave, Nanaimo, BC V9R3K8 : MLS® 969288