Assumable CMHC Insured financing at 1.505% with 40-year amortization and 3.5 years remaining!
Opportunity to acquire a completely renovated 32 unit apartment bldg in a residential neighbourhood. Suites offer in-suite laundry
& balconies with views towards Nanaimo Harbour. The suites have been completely renovated featuring new
kitchens/bathrooms/flooring. Each suite includes a washer-dryer combo. Windows and doors have all been replaced, and the lobby
along with other common areas have also been renovated. The roof is approx. seven years old. The building contains one elevator, which
ownership has consistently maintained throughout ownership tenure. Tenants pay for heat & hot water, resulting in very low utility costs for
the owner. Here is your chance to own a completely renovated turn key rental building in a hot market! Conditions of offer: Purchaser
MUST assume CMHC mortgage; all service agreements & contracts must be assumed. Measurements approx. Bid date Feb 28.
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