160 Stewart Ave Nanaimo, BC V9S 4B9
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,775 sqft
Price per Sqft $292
MLS Listing ID 1031256
HOA Y/N No
Annual Tax Amount $13,922
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi Family
Property Description
This well maintained, three storey property (built in 1966) offers strong investment potential with below market rents and significant upside on tenant turnover.
Minimal immediate capital expenditures required, with a new roof installed in 2019. Situated on an 8,712 sq ft lot and zoned R8 (Medium Density Residential) the property benefits from onsite surface parking and excellent walkability to downtown Nanaimo amenities, services, transit, parks and the waterfront. Located in a quiet, established residential neighbourhood with convenient access to key commercial corridors. Attractive price per door enhances the opportunity seeking stable income with future growth potential.
Location
Province BC
County Nanaimo, City Of
Community Na Brechin Hill
Area Nanaimo
Zoning R8
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
NEARBY SCHOOLS & PROPERTIES
I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction