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1 68 Mill St
Na Old City Nanaimo V9R 5A6

$470,000
Residential beds: 3 baths: 2.0 1,277 sq. ft. built: 1993

Main Photo: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
Photo 1: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
Photo 2: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
Photo 3: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
Photo 4: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
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Photo 6: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
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Photo 51: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
Status:
Active
Prop. Type:
Residential
MLS® Num:
977567
Bedrooms:
3
Bathrooms:
2
Year Built:
1993
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: 31)
Close Price Lease Total:
Existing Lease Expiry:
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:
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:
Floor finish:
Mixed
Total Building Area:
1,277 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# 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:
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
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Other
Other
Other
Other
Floor
Ensuite
Pieces
Other
Main Floor
Other
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
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:
Zoning:
R8 - Medium Density
Accessibility:
Ground Level Main Floor, Primary Bedroom on Main
Units in Building:
Units in Community:
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:
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 November 9, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$564,900
Min list price:
$268,000
Max list price:
$1,499,000
Avg days on market:
59
Min days on market:
4
Max days on market:
203
Avg price per sq.ft.:
$507.9
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.
JENNIFER DOBBELAERE

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