DESCRIPTION

7,480 square feet legal Fourplex. Fantastic investment pilot as Nanaimo has exploded with investors coming in from all over the world now. Located in the hub of the city with access to ferries and float planes with in walking distance. 3 units face the milstone river with beautiful sundecks. Each unit unique in its own way, we offer floorplans for simplicity. Package available. Main unit A offers 5 bedrooms & 4 bathrooms, gas fireplace, spice kitchen, main kitchen, hardwood floors and much more. revenue per month: Unit B $1.020 Unit C $1,100 Unit D $1,200 ( Potential revenue for unit A could fetch upwards of 2700/month )

KEY DETAILS
  • Price:
  • $1,690,000
  • Bedrooms:
  • 8
  • Square Footage:
  • 7,480
  • Acreage:
  • 0.23
  • Year Built:
  • 2005
  • Listing #:
  • 862419
  • Street Address:
  • 240 Caledonia Ave
  • City:
  • Nanaimo
  • State:
  • BC
  • Postal Code:
  • V9S 4K5
  • County:
  • Nanaimo
  • Area:
  • Nanaimo
  • Subarea
  • Central Nanaimo
  • Listing Status:
  • For Sale - Active

Building

  • Basement Description:
  • Finished, Full, Walk-Out Access, With Windows
  • Building Condition:
  • Resale
  • Building Faces:
  • West
  • Construction Type:
  • Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco & Siding
  • Ease Of Access:
  • Wheelchair Friendly
  • Exterior Features:
  • Balcony, Balcony/Deck, Balcony/Patio, Fencing: Full
  • Features:
  • Basement, Fire Sprinklers, Security System
  • Fireplace:
  • Gas
  • Fireplace:
  • Yes
  • Flooring:
  • Basement Slab, Hardwood, Mixed
  • Foundation:
  • Concrete Perimeter
  • Interior Features:
  • Breakfast Nook, Dining Room
  • Number Of Fireplaces:
  • 1
  • Number Of Units:
  • 4
  • Rent Includes:
  • Cable Tv, Electricity, Heat, Hot Water
  • Total Building Square Footage:
  • 7480
  • Type Of Roof:
  • Fibreglass Shingle
  • View:
  • Ocean
  • Windows:
  • Insulated Windows, Vinyl Frames
  • Year Built:
  • 2005

Business

  • Gross Income:
  • 3320

Land

  • Conforms To Zoning:
  • R8
  • Lot Features:
  • Hillside
  • Lot Size:
  • 0.23
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 9966
  • Road Type:
  • Paved
  • Zoning Description:
  • Multi-Family

Listing

  • Days On Market:
  • 3
  • Originating Mls:
  • Vancouver Island Real Estate Board

Location

  • Street Type:
  • Ave
  • Sub Area:
  • Central Nanaimo

Money

  • Ownership:
  • Freehold
  • Property Taxes:
  • $7,420
  • Tax Year:
  • 2020

Rooms

  • Bedrooms On Main Level:
  • 1
  • Laundry:
  • Common Area, In House
  • Number Of Kitchens:
  • 3

Rules

  • Pet Allowed:
  • Aquariums, Birds, Caged Mammals, Cats Ok, Dogs Ok, Yes

Structures

  • Garage Parking Spaces:
  • 2
  • Has Garage:
  • Yes
  • Parking Description:
  • Garage Double
  • Parking Spaces:
  • 6

Systems

  • Appliances:
  • Dishwasher, Dryer, F/S/W/D, Microwave, Range Hood, Refrigerator, Washer
  • Existing Water:
  • Municipal
  • Heating:
  • Natural Gas

Source

  • Listing Provided By Michael Guan of Sutton Group-West Coast Realty (nan)
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