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British Columbia
Nanaimo
260 Craig St

$2,200,000

Nanaimo BC, V9R 3V5

MLS® # 1021004

Property Information:

Colliers is pleased to offer for sale this 10-unit rental property featuring eight (8) 2-bed, 2-bath apartment units and two (2) 3-bed, 2-bath detached duplex units. Each unit has in-unit laundry, under-building parking and a spacious deck. The building has been well maintained with minimal immediate capital expenditures or renovations required, strong rental upside, spacious floorplans and ample on-site parking options. Recent capital upgrades include a new pitch roof (2024) and a modernized fire safety system (2024). The property is situated in immediate proximity to the Third Street and Fitzwilliam Street intersection, providing convenient access to both the Nanaimo Old City Corridor and the Nanaimo Parkway. For more information on this offering please connect with us

Property Features:

Annual Tax Amount: $16,216
Building Features: Laundry Room, Parking
Built in: 1930
Exterior Features: Balcony/Deck
Flooring: Laminate, Tile
Heating: Baseboard
Lot Features: Central Location
Lot Frontage: 19800 Square Feet
Lot Size: 19800.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Frontage Type: Lane
Road Surface Type: Paved
Zoning: R6

Courtesy of: Colliers International (Nan)

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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Market Price Trends

Location of 260 Craig St, Nanaimo, BC, V9R 3V5

Lifestyle
Neighbourhood

Demographic Information of 260 Craig St, Nanaimo, BC, V9R 3V5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,721.40

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.42 %

High school certificate or equivalent

31.56 %

Apprenticeship trade certificate/diploma

9.4 %

College/non-university certificate

17.1 %

University certificate (below bachelor)

1.53 %

University Degree

22.98 %

Commuter

Travel To Work

By Car

77.69 %

By Public Transit

5.33 %

By Walking

8.86 %

By Bicycle

2.85 %

By Other Methods

5.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.0 %

Houses

71.0 %

Own Vs. Rent