1-68 Mill St, Nanaimo, BC, V9R 5A6

$470,000

MLS® # 977567

Property For Sale In City Center/Protection Island, Nanaimo, British Columbia

$470,000

  • 3

    Bedrooms

  • 2

    Baths

  • $516.6

    Maintenance Fees

Property Information:

UNIQUE INVESTMENT OPPORTUNITY! This property features two self-contained units under one strata lot along the river’s edge: a spacious 2-bedroom, 1-bathroom suite with an updated kitchen and bathroom, plus a 1-bedroom, 1-bathroom suite with its own updated kitchen and dishwasher. Both units offer steady rental income with reliable tenants in place. The 2-bedroom suite boasts a large, private, gated patio—perfect for relaxing or entertaining. The building's shared laundry room is conveniently located beside the 1-bedroom unit. Just steps from the Nanaimo waterfront, seawall, Maffeo Sutton Park, and downtown, this property offers an unbeatable lifestyle and convenience. With flexible rental and pet policies and no age restrictions, it's ideal for investors or homeowners alike. Don’t miss this rare, income-generating gem! Measurements by Proper Measure are approximate; buyer to verify if important.

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Annual Tax Amount: $2,537
  • Accessibility Features: Ground Level Main Floor
  • Appliances: Dishwasher, Microwave, Oven/Range Electric, Refrigerator, See Remarks
  • Association Fee Includes: Caretaker, Trash, Heat, Hot Water, Maintenance Structure, Property Management, Sewer, Water, See Remarks
  • Basement: None
  • Building Features: Transit Nearby
  • Built in: 1993
  • Condo Fees: $516 Monthly
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
  • Cooling: None
  • Exterior Features: Balcony/Patio, Fencing: Partial, Low Maintenance Yard
  • Floor Space (approx): 1277 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: Common Area
  • Lot Features: Central Location, Marina Nearby, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
  • Lot Frontage: 0 Square Feet
  • Ownership: Freehold/Strata
  • Parking Features: Carport, On Street, Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
  • Property Condition: Resale, Updated/Remodeled
  • Property Sub Type: Condo Apartment
  • Road Surface Type: Paved
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Waterfront Features: River Front
  • Window Features: Insulated Windows
  • Zoning: R8 - Medium Density
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 0

Rooms:

  • Other Other level :Other 3.00 m x 2.36 m
  • Kitchen Main Level 2.92 m x 2.18 m
  • Other Main Level 3.05 m x 1.19 m Note: Entrance
  • Other Main Level 6.96 m x 1.27 m Note: Patio
  • Living Main Level 3.63 m x 3.51 m
  • Other Main Level 3.51 m x 3.00 m
  • Living Other level :Other 5.61 m x 3.66 m
  • Bathroom Main Level
  • Other Other level :Other 1.55 m x 1.30 m Note: Entrance
  • Bedroom Main Level 3.00 m x 2.69 m

Courtesy of: eXp Realty

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.

Additional Photos