4775 Uplands Dr, Nanaimo, BC, V2C 6S9

$26,000,000

MLS® # 1052961

Investment For Sale In Pleasant Valley/Rutherford, Nanaimo, British Columbia

$26,000,000

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.

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