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Julie Liang / REMAX Professionals (NA)

438 Wakesiah Ave, Commercial for sale Nanaimo , BC , V9R 3K8

 MLS® # 1030328

0 bathrooms

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Prime Student Housing Investment with Licensed Inn Component – Ideally located directly across from VIU, this property offers a rare opportunity to own a stable, income-producing asset in one of Nanaimo’s most desirable rental locations. It features 25 units (13 single-bed & 12 double-bed), totaling 37 beds, with consistently strong occupancy driven by reliable student demand. Its prime location supports steady, recession-resistant income & long-term rental stability. A key highlight is the approved inn lic...

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Essential Information

  • MLS® #
    1030328
  • Property Type
    Multi Family
  • MLS® #
    1030328
  • Property Type
    Multi Family
  • MLS® #
    1030328
  • Property Type
    Multi Family

Community Information

  • Postal Code
    V9R 3K8
  • Postal Code
    V9R 3K8
  • Postal Code
    V9R 3K8

Interior

  • Floor Finish
    Carpet
    Mixed
    Tile
  • Heating
    Baseboard
    Hot Water
    Natural Gas
  • Floor Finish
    Carpet, Mixed, Tile
  • Heating
    Baseboard, Hot Water, Natural Gas
  • Floor Finish
    Carpet
    Mixed
    Tile
  • Heating
    Baseboard
    Hot Water
    Natural Gas

Exterior

  • Lot/Exterior Features
    Balcony
    Balcony/Deck
    Low Maintenance Yard
    Security System
  • Construction
    Frame Wood
    Insulation All
    Insulation: Ceiling
    Insulation: Walls
  • Lot/Exterior Features
    Balcony, Balcony/Deck, Low Maintenance Yard, Security System
  • Construction
    Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls
  • Lot/Exterior Features
    Balcony
    Balcony/Deck
    Low Maintenance Yard
    Security System
  • Construction
    Frame Wood
    Insulation All
    Insulation: Ceiling
    Insulation: Walls

Additional Details

  • Zoning
    COR1
  • Sewer
    Sewer Connected
  • Zoning
    COR1
  • Sewer
    Sewer Connected
  • Zoning
    COR1
  • Sewer
    Sewer Connected

$5,560,000

438 Wakesiah Ave

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$25320/month
Est. Monthly Payment
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