1 68 Mill St
Nanaimo
V9R 5A6
$449,500
Residential
beds: 3
baths: 2.0
1,277 sq. ft.
built: 1993
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 977567
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1993
- Photos (51)
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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 Type:
- Residential
- Type:
- Condo Apartment
- Year built:
- 1993 (Age: 32)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,277 sq. ft.
- Listing General Location:
- Na Old City, Nanaimo
- Bedrooms:
- 3
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 0 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Building Type:
- Ground Level
- Building Features:
- Transit Nearby
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 1
- Number of Storeys:
- 3
- Number of Buildings:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 1,277 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 1
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 1
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 1
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 698 sq. ft.
- Living Area Other Floor:
- 579 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Patio Area:
- 95 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Warranty:
- No
- Pending Date:
- Signup
- Dishwasher, Microwave, Oven/Range Electric, Refrigerator, See Remarks
- Insulated Windows
- Balcony/Patio, Fencing: Partial, Low Maintenance Yard
- River Front
- Park on Mill Street and enter through gate to the right side of building #68 for convenient access.
- Deck/Patio, Parking Stall
- Main Level
- 0
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
- one small dog (under 20lbs) or one cat. See bylaws for more details.
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Includes:
- Caretaker, Trash, Heat, Hot Water, Maintenance Structure, Property Management, Sewer, Water, See Remarks
- Association Fee Year:
- 2024
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Zoning:
- R8 - Medium Density
- Accessibility:
- Ground Level Main Floor, Primary Bedroom on Main
- Units in Building:
- Signup
- Units in Community:
- Signup
- 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
- Occupancy:
- Tenant
- Property Condition:
- Resale, Updated/Remodeled
- Exposure / Faces:
- Southeast
- Layout:
- Condo
- Lot Site Features:
- Central Location, Marina Nearby, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 1
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport, On Street, Open
- Total Parking Spaces:
- 0
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 0
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Oct 03, 2024
- Original Price:
- 470000.0
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Primary bedroom in unit 1
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2nd bedroom in unit 1
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patio for unit 1
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Welcome to unit 1A, just next door to the right of unit 1
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Unit 1A exterior
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shared laundry with the strata
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Virtual Tour
Listed by eXp Realty
Data was last updated January 8, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 47
- Avg list price:
- $599,900
- Min list price:
- $304,900
- Max list price:
- $1,499,000
- Avg days on market:
- 65
- Min days on market:
- 2
- Max days on market:
- 263
- Avg price per sq.ft.:
- $494.6
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- KRISTIE HAZ
- EXP REALTY
- 1 (250) 8830477
- Contact by Email
KRISTIE HAZ
Personal Real Estate Corporation
Location
Vancouver Island, BC
