Listed price in listed location currency (CAD).
$15,900,000

000

MLS® 1042962

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 2
Lot Size 0.66 Acres
Approx. Age 
MLS® Number 1042962

Property Address: 507 Milton St, Nanaimo, BC, V9R0M1

Average square foot calculated using Size range provided by listing agent.

Description

An opportunity to acquire freehold interest in a mixed use residential/retail rental complex centrally located in Nanaimo. Completed in 2024, the complex is comprised of 25 large townhouse units all with exterior entrances, individual hot water tanks, dishwashers and laundry rooms, as well as 3 commercial CRU’s over three buildings. The property is currently fully rented but built to strata specification, and the potential exists to stratify and sell the individual units separately in the future.The complex benefits from a partial property tax exemption until 2033. This is a rare opportunity to buy a newer rental asset with stable holding income and future strata sale potential.
MLS® Number1042962
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 10, 2026List Date
$15,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
507 Milton St, Nanaimo, BC

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