Property Information:

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.

Property Features:

Annual Tax Amount: $70,259
Building Features: Bike Storage, Elevator: Passenger, Fire Alarm, Fire Sprinklers, Indoor Parking, Shopping Centre, Shopping Nearby, Transit Nearby, Underground Garage
Built in: 2026
Business Type: Accommodation
Cooling: Air Conditioning
Exterior Features: Balcony/Patio
Floor Space (approx): 63499 Square Feet
Lot Features: Adult-Oriented Neighbourhood, Central Location, Easy Access, Landscaped, Park Setting, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, See Remarks
Lot Frontage: 53578.8 Square Feet
Lot Size: 1.23 Acres
Ownership: Freehold
Parking Features: On Site
Property Condition: Under Construction
Property Sub Type: Multi Family
Road Surface Type: Paved
Water Source: Municipal
Sewer: Sewer Available
No. of Parking Spaces: 64

Courtesy of: Century 21 Harbour Realty Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Demographic Information of 4775 Uplands Dr, Nanaimo, BC, V2C 6S9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$93,278.56

Average Number of Children

1.45

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.54 %

High school certificate or equivalent

34.11 %

Apprenticeship trade certificate/diploma

8.48 %

College/non-university certificate

19.48 %

University certificate (below bachelor)

1.77 %

University Degree

23.63 %

Commuter

Travel To Work

By Car

87.49 %

By Public Transit

3.43 %

By Walking

4.36 %

By Bicycle

2.72 %

By Other Methods

2.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.38 %

Houses

38.62 %

4775 Uplands Dr, Nanaimo, BC, V2C 6S9