Investment Opportunity to acquire "The Chelsea" at Longwood Estates.
Located in an exclusive, award winning community in North Nanaimo, with park like lands, ponds, bridges and a fantastic clubhouse.
Walking distance to all amenities.
This and the upcoming identical building are the last that will be built in Longwood.
Chelsea is adjacent to Origin Retirement Living, giving tenants an opportunity to belong to "Club O" and the many facilities and programs that Origins offers.
This luxury 48-unit building with an underground parking is condo quality throughout, having quartz countertops, air conditioned heat pump, high end appliances and in suite laundry.
Offering 48 suites - 34 ( 2 bedroom 2 bathroom ) and 14 ( 1 bedroom )
Over 400 prospective tenants are registered for this adult oriented building.
5 cap on projected income. 80% mortgage AWQ.
Share purchase is available.
Display suite. For info package or to view call L/S.
Address
4775 Uplands Dr
List Price
$26,000,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Uplands
Lot Size
53578.8 Sq. Ft.
Lot Size (Acres)
1.23 Ac.
Year Built
2026
MLS® Number
1052961
Listing Brokerage
Century 21 Harbour Realty Ltd.
Postal Code
V2C 6S9
Tax Amount
$70,259.18
Tax Year
2026
Amenities
Adult-Oriented Neighbourhood, Balcony/Patio, Central Location, Easy Access, Landscaped, Park Setting, Quiet Area, Recreation Nearby, See Remarks, Serviced, Shopping Nearby