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$439,600

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

QuickQuoteTM: $362K - $485K
MLS® # 993369

3 Beds

2 Baths

1277 FEETSQ sqft

MULTIMEDIA

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: $2,838
  • 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 Main Level 3.05 m x 1.19 m Note: Entrance
  • Kitchen Main Level 2.92 m x 2.18 m
  • Dining Main Level 3.51 m x 2.69 m
  • Other Main Level 3.51 m x 3.00 m
  • Bedroom Main Level 3.00 m x 2.69 m
  • Bathroom Main Level
  • Other Main Level 6.96 m x 1.27 m Note: Patio
  • Other Other level :Other 1.55 m x 1.30 m Note: Entrance
  • Kitchen Other level :Other 4.19 m x 1.63 m
  • Living Other level :Other 5.61 m x 3.66 m

Convert Measurement to:


Courtesy of: eXp Realty (NA)

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.

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

Demographic Information of 1-68 Mill St, Nanaimo, BC, V9R 5A6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,477.60

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.65 %

High school certificate or equivalent

35.63 %

Apprenticeship trade certificate/diploma

9.6 %

College/non-university certificate

21.95 %

University certificate (below bachelor)

0.83 %

University Degree

21.35 %

Commuter

Travel To Work

By Car

79.15 %

By Public Transit

3.75 %

By Walking

11.66 %

By Bicycle

0.65 %

By Other Methods

4.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

83.76 %

Houses

16.24 %

Own Vs. Rent