IDX / Reciprocity
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1001638
- Photos (6)
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Fully updated, turnkey 9plex in Nanaimo, the fastest growing community in BC, with a high demand for rental, offering a blend of modern updates and financial incentives to attract discerning investors (assumable CMHC loan and VTB). With a strong income stream and a 4.7% capitalization rate (cap rate), this property is an ideal addition to any investment portfolio. This is a rare chance to acquire a fully updated multi-family property in one of Vancouver Island's most dynamic cities. Contact us today to schedule a viewing or for more information
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 8,720 sq. ft.810 m2
- Taxes:
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- Building Features:
- Fire Alarm, Fire Sprinklers
- Construction:
- Brick & Siding, Frame Wood
- Ceiling Heights:
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- Total Building Area:
- 8,719 sq. ft.810 m2
- Commercial Area:
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- Water supply:
- Municipal
- Heating:
- Baseboard, Heat Pump
- Fireplace:
- No
- Pending Date:
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- Garden, Playground
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Cul-De-Sac, Family-Oriented Neighbourhood, Landscaped, Quiet Area, Recreation Nearby, Shopping Nearby
- Total Units:
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- Date Listed:
- May 27, 2025
- Original Price:
- 2600000.0
Larger map options:
Listed by NAI Commercial
Data was last updated July 16, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 36
- Avg list price:
- $869,950
- Min list price:
- $59,500
- Max list price:
- $4,290,000
- Avg days on market:
- 92
- Min days on market:
- 5
- Max days on market:
- 448
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- WIN MYINT
- 460 REALTY
- 1 (250) 732-8388
- Contact by Email
- SANDY LIU
- 460 REALTY
- 1 (250) 732-8878
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.