CONTACT
  • Find Your Next Home
    Find Your Next Home
    Want an even more powerful MLS® search experience?
    Scroll down to find out how
Forgot password Extend Verify Contact

438 Wakesiah Ave
Na University District Nanaimo V9R 3K8

$5,899,000
Commercial Sale

Main Photo: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 1: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 2: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 3: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 4: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 5: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 6: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 7: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 8: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 9: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 10: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 11: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 12: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 13: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 14: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 15: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 16: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 17: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 18: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 19: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 20: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 21: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 22: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 23: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 24: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 25: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 26: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 27: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 28: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 29: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 30: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 31: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 32: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 33: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 34: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 35: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 36: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 37: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 38: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 39: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 40: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 41: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 42: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 43: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 44: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 45: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 46: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 47: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 48: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 49: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 50: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 51: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 52: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 53: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 54: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 55: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 56: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 57: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 58: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 59: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 60: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 61: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Photo 62: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
969288
Presenting a unique investment opportunity: an award-winning student housing apartment building located on Vancouver Island. This prime property is situated directly across from Vancouver Island University, ensuring a steady and consistent occupancy rate. The three-level building comprises 25 fully-equipped units, including 13 one-bedroom and 12 two-bedroom apartments. Each unit features its own kitchen and bathroom, providing students with privacy and convenience. Granite countertops throughout add a touch of luxury to these modern living spaces. Each floor offers a common area designed to foster communication and community among residents. Additionally, every level is equipped with a public washroom and a coin-operated laundry facility for added convenience. The lower level includes a secure bike storage room, catering to the needs of environmentally-conscious students. The property boasts 17 parking spaces located in the back lane, providing ample parking for residents.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
12,917 sq. ft.
Taxes:
Building Features:
Basement, Bike Storage, Laundry Room, Parking, Security System, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure
Construction:
Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls
Electricity:
Yes
Ceiling Heights:
Floor finish:
Carpet, Mixed, Tile
Total Building Area:
13,264 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Hot Water, Natural Gas
Fireplace:
No
Pending Date:
Electric, Fixtures, Parking
Balcony, Balcony/Deck, Low Maintenance Yard, Security System
City, Mountain(s)
Main Level
0
Yes
No
Unrestricted
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:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
COR1
Units in Building:
Units in Community:
Other Equipment:
Security System
Occupancy:
Tenant
Utilities:
Cable Available, Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling, Underground Utilities
Lot Site Features:
Central Location, Easy Access, Landscaped, Level, Recreation Nearby, Shopping Nearby, Sloped, Southern Exposure
Parking Features:
On Site
Total Parking Spaces:
17
Road Frontage Type:
Lane
Road Surface Type:
Paved
Business Name:
Cold Moon Student House
Business Type:
Accommodation
Total Units:
Date Listed:
Jul 02, 2024
Original Price:
5899000.0
  • Photo 1: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 1 of 62
  • Photo 2: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 2 of 62
  • Photo 3: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 3 of 62
  • Photo 4: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 4 of 62
  • Photo 5: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 5 of 62
  • Photo 6: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 6 of 62
  • Photo 7: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 7 of 62
  • Photo 8: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 8 of 62
  • Photo 9: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 9 of 62
  • Photo 10: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 10 of 62
  • Photo 11: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 11 of 62
  • Photo 12: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 12 of 62
  • Photo 13: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 13 of 62
  • Photo 14: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 14 of 62
  • Photo 15: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 15 of 62
  • Photo 16: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 16 of 62
  • Photo 17: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 17 of 62
  • Photo 18: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 18 of 62
  • Photo 19: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 19 of 62
  • Photo 20: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 20 of 62
  • Photo 21: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 21 of 62
  • Photo 22: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 22 of 62
  • Photo 23: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 23 of 62
  • Photo 24: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 24 of 62
  • Photo 25: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 25 of 62
  • Photo 26: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 26 of 62
  • Photo 27: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 27 of 62
  • Photo 28: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 28 of 62
  • Photo 29: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 29 of 62
  • Photo 30: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 30 of 62
  • Photo 31: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 31 of 62
  • Photo 32: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 32 of 62
  • Photo 33: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 33 of 62
  • Photo 34: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 34 of 62
  • Photo 35: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 35 of 62
  • Photo 36: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 36 of 62
  • Photo 37: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 37 of 62
  • Photo 38: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 38 of 62
  • Photo 39: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 39 of 62
  • Photo 40: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 40 of 62
  • Photo 41: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 41 of 62
  • Photo 42: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 42 of 62
  • Photo 43: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 43 of 62
  • Photo 44: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 44 of 62
  • Photo 45: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 45 of 62
  • Photo 46: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 46 of 62
  • Photo 47: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 47 of 62
  • Photo 48: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 48 of 62
  • Photo 49: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 49 of 62
  • Photo 50: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 50 of 62
  • Photo 51: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 51 of 62
  • Photo 52: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 52 of 62
  • Photo 53: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 53 of 62
  • Photo 54: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 54 of 62
  • Photo 55: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 55 of 62
  • Photo 56: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 56 of 62
  • Photo 57: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 57 of 62
  • Photo 58: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 58 of 62
  • Photo 59: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 59 of 62
  • Photo 60: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 60 of 62
  • Photo 61: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 61 of 62
  • Photo 62: 438 Wakesiah Ave in Nanaimo: Na University District Multi Family for sale : MLS®# 969288
    Photo 62 of 62
Listed by Sutton Group-West Coast Realty (Nan) and Nu Stream Realty Inc
Data was last updated November 23, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
100
Avg list price:
$1,143,625
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
77
Min days on market:
2
Max days on market:
536
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.

Get all the benefits below, by registering today. A better MLS® search and advantage over other buyers and sellers.

Finding a home should be a joy

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.