This 5-unit multifamily is in heart of the upgraded commercial and residential district of Pleasant Valley. School, buses, shopping are within walking distance. The homes feature a mix of 3 units in a residential building and a SxS duplex. The main building has a 1 bedroom unit, bachelor unit, and main floor (1571sf) with 2 bedrooms and bonus room. The 1 bedroom ground level unit boasts fenced garden area and interior updates. The duplex is 1440sf/side 2 storey plan with 3 bedrooms up, and unique westcoast plan on main. Long term tenants in place in the duplex ($1600/m plus util/side); main floor in front residence is vacant; bachelor is $655/m incl hydro; 1 bedroom market rent is $owner-occupied. This is a good investment for both an owner-occupier or investor with ability to get current market rents on two large units. All measures are approximate and should be verified if important.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1963
(Age: 61)
Living Area:
5,977 sq. ft.555.281 m2
Listing General Location:
Na Pleasant Valley, Nanaimo
Bedrooms:
9
Bathrooms:
10.0
(Full:-/Half:-)
Lot Size:
21,779.151 sq. ft.2,023.349 m2
Kitchens:
5
Taxes:
$7,109 /
2023
Construction:
Frame Wood
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Roof:
Membrane
Total Building Area:
5,977 sq. ft.555.281 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
11
# Main Level Bedrooms:
2
# Second Level Bedrooms:
6
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
4
# Second Level Bathrooms:
4
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
3
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
2
# Other Level Kitchens:
0
Living Area Lower Floor:
1,525 sq. ft.141.677 m2
Living Area Main Floor:
3,139 sq. ft.291.623 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
1,312 sq. ft.121.889 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In House, In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Apr 22, 2024
Date Sold:
Jul 03, 2024
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Living Room
17'5"5.31 m × 12'7"3.84 m
Main Floor
Dining Room
22'6"6.86 m × 8'10"2.69 m
Main Floor
Kitchen
12'8"3.86 m × 8'10"2.69 m
Main Floor
Bedroom
10'7"3.23 m × 10'2"3.10 m
Main Floor
Entrance
6'2"1.88 m × 2'11".89 m
Main Floor
Storage
5'10"1.78 m × 4'10"1.47 m
Main Floor
Storage
5'10"1.78 m × 4'10"1.47 m
Main Floor
Entrance
6'2"1.88 m × 2'11".89 m
Main Floor
Den
9'4"2.84 m × 5'10"1.78 m
Main Floor
Bedroom - Primary
13'8"4.17 m × 13'8"4.17 m
Main Floor
Kitchen
12'8"3.86 m × 8'10"2.69 m
Main Floor
Kitchen
16'8"5.08 m × 10'8"3.25 m
Main Floor
Laundry
5'2"1.57 m × 5'1.52 m
Main Floor
Bonus Room
23'8"7.21 m × 11'8"3.56 m
Main Floor
Living Room
16'4.88 m × 13'2"4.01 m
Main Floor
Dining Room
15'3"4.65 m × 12'3.66 m
Main Floor
Eating Nook
10'8"3.25 m × 5'9"1.75 m
Main Floor
Dining Room
22'6"6.86 m × 8'10"2.69 m
Main Floor
Laundry
5'2"1.57 m × 5'1.52 m
Main Floor
Living Room
17'5"5.31 m × 12'7"3.84 m
2nd Floor
Bedroom
11'1"3.38 m × 8'6"2.59 m
2nd Floor
Bedroom
11'9"3.58 m × 8'11"2.72 m
2nd Floor
Bedroom
11'9"3.58 m × 8'11"2.72 m
2nd Floor
Bedroom - Primary
15'4"4.67 m × 11'4"3.45 m
2nd Floor
Bedroom
10'11"3.33 m × 8'6"2.59 m
2nd Floor
Bedroom - Primary
15'4"4.67 m × 11'2"3.40 m
Lower Level
Entrance
12'7"3.84 m × 9'2"2.79 m
Lower Level
Kitchen
11'8"3.56 m × 10'3"3.12 m
Lower Level
Laundry
3'10"1.17 m × 2'4".71 m
Lower Level
Bedroom
10'7"3.23 m × 6'9"2.06 m
Lower Level
Laundry
11'6"3.51 m × 8'11"2.72 m
Lower Level
Kitchen
9'10"3.00 m × 9'7"2.92 m
Lower Level
Entrance
4'7"1.40 m × 3'11"1.19 m
Lower Level
Living Room
19'1"5.82 m × 12'5"3.78 m
Lower Level
Living Room
11'8"3.56 m × 10'3"3.12 m
Lower Level
Dining/Living Combo
13'1"3.99 m × 9'2.74 m
Lower Level
Den
9'3"2.82 m × 6'8"2.03 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
2-Piece
Main Floor
No
4
4-Piece
Main Floor
Yes
3
3-Piece
Main Floor
No
2
2-Piece
2nd Floor
Yes
2
2-Piece
2nd Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
2nd Floor
Yes
2
2-Piece
Lower Level
No
4
4-Piece
Lower Level
No
4
4-Piece
Financing Notes:
3.5% ON THE 1ST 100K + 1.5% ON THE BAL IF PHYSICAL INTRODUCTION; OTHERWISE 75% OF THE SAME
Assessed:
1218000.0
Assessment year:
2023
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT A, DISTRICT LOT 30, WELLINGTON DISTRICT, PLAN 25914