About 438 Wakesiah Ave
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.
Features of 438 Wakesiah Ave
| MLS® # | 969288 |
|---|---|
| Price | $5,899,000 |
| Square Footage | 13,264 |
| Acres | 0.30 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 438 Wakesiah Ave |
|---|---|
| Area | Na University District |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 3K8 |
Amenities
| Utilities | Cable Available, Cable To Lot, Electricity To Lot, Garbage, Natural Gas To Lot, Phone To Lot, Recycling, Underground Utilities |
|---|---|
| Parking Spaces | 17 |
| View | City, Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Hot Water, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Balcony, Balcony/Deck, Low Maintenance Yard, Security System |
|---|---|
| Construction | Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls |
Additional Information
| Date Listed | July 2nd, 2024 |
|---|---|
| Days on Market | 143 |
| Zoning | COR1 |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|