4775 Uplands Dr, Nanaimo, BC V2C 6S9

Courtesy of Century 21 Harbour Realty Ltd.

List Price
$26,000,000
Status
ACTIVE
MLS®
1052961
Property Type
Commercial
Year Built
2026
Stories
4
Acres
1.23
Lot Size
53,578
District
Nanaimo
Neighbourhood
Na Uplands

Property Description

Investment Opportunity to acquire "The Chelsea" at Longwood Estates. Located in an exclusive, award winning community in North Nanaimo, with park like lands, ponds, bridges and a fantastic clubhouse. Walking distance to all amenities. This and the upcoming identical building are the last that will be built in Longwood. Chelsea is adjacent to Origin Retirement Living, giving tenants an opportunity to belong to "Club O" and the many facilities and programs that Origins offers. This luxury 48-unit building with an underground parking is condo quality throughout, having quartz countertops, air conditioned heat pump, high end appliances and in suite laundry. Offering 48 suites - 34 ( 2 bedroom 2 bathroom ) and 14 ( 1 bedroom ) Over 400 prospective tenants are registered for this adult oriented building. 5 cap on projected income. 80% mortgage AWQ. Share purchase is available. Display suite. For info package or to view call L/S.

Additional Information

Lot Features
Adult-Oriented Neighbourhood, Central Location, Easy Access, Landscaped, Park Setting, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, See Remarks
Parking Spaces
64
Exterior Features
Balcony/Patio
Parking Type
On Site
Taxes
$70,259
Rentals Allowed
Unrestricted

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