OCEANFRONT HOME – UNOBSTRUCTED VIEWS. Welcome to the Inn of the Sea Resort, Yellow Point’s premier and highly desirable vacation destination. This two-storey, 2 bed 2 bath home is located in the building closest to the ocean, with panoramic views of the ocean and Gulf Islands. Units in this oceanfront building rarely come up for sale. Enjoy strong revenue with the flexibility of renting the entire home, or rent both lower and upper units separately w/ the lock off suite. No restrictions on short or long term rentals, allowing for maximum earning opportunity. The current owner was a Superhost operating a 5 star AirBnB with countless returning guests. The unit itself has 9 ft ceilings and is fully renovated with custom kitchen cabinets, granite counters, luxury heated tile flooring, custom blinds, and much more. Watch the sunrise and enjoy the whales swimming at your doorstep. Other amenities include a pool, hottub, 100 ft dock w/ incl. moorage, tennis court, BBQ stations, and fire pits.
General Info:
Property Type:
Residential
Type:
Row/Townhouse
Year built:
1983
(Age: 41)
Living Area:
1,191 sq. ft. 110.648 m2
Listing General Location:
Na Cedar, Nanaimo
Bedrooms:
2
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
1,191.008 sq. ft. 110.648 m2
Kitchens:
1
Taxes:
$2,212.4 /
2023
Additional Info:
Construction:
Cement Fibre, Insulation: Ceiling, Insulation: Walls
New Construction:
No
Basement:
None
Foundation:
Slab
Electricity:
Yes
Roof:
Membrane
Levels:
2
Number of Storeys:
3
Number of Buildings:
4
Floor finish:
Laminate, Tile
Total Building Area:
1,616 sq. ft. 150.131 m2
Total Unfinished Area:
425 sq. ft. 39.484 m2
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
1
# Second Level Bedrooms:
1
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft. 0 m2
Living Area Main Floor:
841.74 sq. ft. 78.2 m2
Living Area Other Floor:
0 sq. ft. 0 m2
Living Area 2nd Floor:
348.85 sq. ft. 32.409 m2
Living Area 3rd Floor:
0 sq. ft. 0 m2
Fireplaces:
1
Fireplace Details:
Electric
Laundry Features:
Common Area
Water supply:
Cooperative
Sewer:
Septic System
Cooling:
None
Heating:
Electric, Radiant Floor
Fireplace:
Yes
More Info Available:
Pending Date:
Dec 22, 2023
Date Sold:
Mar 28, 2024
Interior Features:
Bar, Dining Room, Storage, Winding Staircase
Exterior Features:
Balcony/Patio, Garden, Low Maintenance Yard, Swimming Pool
Association Amenities:
Common Area, Guest Suite, Playground, Pool, Pool: Outdoor, Recreation Facilities, Shared BBQ, Spa/Hot Tub, Tennis Court(s), Other
Waterfront Features:
Ocean Front
Strata Lot Includes:
Balcony, Deck/Patio, Private Garden, Separate Storage
Entry Location:
Main Level
Pets Allowed:
Number Limit, Size Limit
Pet Restriction Notes:
See Bylaws
Rent Allowed:
Unrestricted
Room Information:
Floor
Type
Size
Other
Main Floor
Kitchen
13'1" 3.99 m × 10'6" 3.20 m
Main Floor
Dining Room
10'6" 3.20 m × 7'11" 2.41 m
Main Floor
Living Room
21'2" 6.45 m × 20'5" 6.22 m
Main Floor
Bedroom
14'1" 4.29 m × 12'1" 3.68 m
2nd Floor
Bedroom
26' 7.92 m × 10'2" 3.10 m
Bathrooms:
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
Financial Info:
Assessed:
615100.0
Assessment year:
2023
Association Fee:
$852.29
Association Fee Frequency:
Monthly
Association Fee Includes:
Caretaker, Trash, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Water
Association Fee Year:
2023
Legal Info:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
STRATA LOT 15, PLAN VIS1275, DISTRICT LOT 14, OYSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1
Zoning:
C4
Accessibility:
Accessible Entrance, Ground Level Main Floor
Other Details:
Units in Building:
12
Units in Community:
39
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Land Info:
Utilities:
Electricity Connected, Phone Connected, Underground Utilities
Exposure / Faces:
West
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Dock/Moorage, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Marina Nearby, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Walk on Waterfront
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Guest, Open
Total Parking Spaces:
50
Road Surface Type:
Paved
Common Parking Spaces:
50
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Listing Info:
Date Listed:
Dec 05, 2023