Multi-family for sale

1420 Estevan Rd, Nanaimo

$3,450,000 or
Contact the REALTOR®
Multi-family for sale in Nanaimo, Central Nanaimo, 1420 Estevan Rd, 976431 | Realtylink.org
Multi-family for sale in Nanaimo, Central Nanaimo, 1420 Estevan Rd, 976431 | Realtylink.org Multi-family for sale in Nanaimo, Central Nanaimo, 1420 Estevan Rd, 976431 | Realtylink.org Multi-family for sale in Nanaimo, Central Nanaimo, 1420 Estevan Rd, 976431 | Realtylink.org Multi-family for sale in Nanaimo, Central Nanaimo, 1420 Estevan Rd, 976431 | Realtylink.org
$3,450,000 or

Multi-family for sale

1420 Estevan Rd, Nanaimo

Features

Lifestyle
976431 3450000 /en/multi-family~for-sale~nanaimo/976431?view=Summary /en/multi-family~for-sale~nanaimo/976431/photos 49.1844100000 -123.9530200000 true
Year Built
1971
Lot Size
10,015 sqft
Gross Property Tax
$18,279.15 /year
Zoning
R8
Additional Features
Central Location, Easy Access, Shopping Nearby

Description

5.34% CAP RATE with upside. 16-unit rental apartment. This is an excellent passive income property and an attractive suite mix: 2 bachelor units, 11 one-bedroom units, and 3 two-bedrooms units. Overlooking Departure Bay, 1420 Estevan Road features ocean views and is within an area coveted for its walk-ability to Terminal Avenue Shopping Centre, Departure Bay Ferry Terminal, downtown and Stewart Avenue marinas. Below market rents providing the purchaser with great upside opportunity upon tenant turnover. Contact listing agents for further information
MLS® Number 976431

Listing REALTORS®

Brad Archibald, REALTOR<sup>®</sup>

Brad Archibald

REALTOR®
250-740-1060

Colliers International (Nan)

Ben Wedge, REALTOR<sup>®</sup>

Ben Wedge

REALTOR®
250-414-8449

Colliers International (Nan)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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