mill st

3 Bedroom Condo has been listed for sale at 1 - 68 Mill St in Nanaimo for $439,600. Chat with a local expert, book a tour.

Nanaimo

City Centre

68 Mill St

1 - 68 Mill St, For Sale in Nanaimo - eXp Commercial Brokerage

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UNIQUE INCOME OPPORTUNITY! This spacious ground-level strata home offers two self-contained suites under one title—an ideal setup for extended family, co-ownership, or rental income. The flexible layout includes a 2-bed/1-bath suite with updated kitchen, bath, and a large private gated patio, plus a 1-bed/1-bath suite with its own updated kitchen and dishwasher. While the current two-suite layout was completed by a prior owner over 20 years ago and does not match the registered strata plan, it has served reliably for decades and is priced to reflect this unique configuration. Both units are tenanted with excellent long-term renters. Shared laundry is located directly beside the unit. Professionally managed building with recent exterior upgrades funded from CRF—no special levies. New depreciation report is underway. Just steps to the waterfront, seawall, and Maffeo Sutton Park. Pets and rentals allowed. A rare chance to secure space, flexibility, and lifestyle in one.

This is a very unique condo situation: one strata lot with ground floor entry and 2 units on title! One is a 2 BR, 1 BA suite, the other right next door is a 1 BR, 1 BA suite with a fully renovated kitchen including new fridge, stove, microwave, and dishwasher (the only DW in the entire building, incidentally!) along with tile backsplash, soft close wood cabinetry, and LED lights. BA has a brand new toilet and vanity, BR has new carpeting, and there is new paint throughout the unit. Take advantage of a great opportunity and buy this property to live in the vacant 1 BR suite while paying your mortgage with income from the tenants in the 2 BR, whose lease expires Mar 1/19. Or, if you prefer, simply rent out both suites as the property has never had a problem finding tenants and generates a great income opportunity. Fantastic location as you can literally be on the seawall near Maffeo Sutton Park in less than a two minute walk. Easy stroll to coffee, beer, parks, recreation, and downtown shopping, with the waterfront just steps away. This building is a self-managed strata with low monthly fees, pet friendly for 1 small pet up to 20 lbs, and has no age or rental restrictions. In other words, it's a must-view for the savvy investor! 1 BR vacant and easy to show. 24 hrs notice for tenants in 2 BR. Measurements approximate, buyer to verify if important. (id:15898)

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.

1 - 68 Mill St, Nanaimo, BC

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