308 Hillcrest Ave 107, NANAIMO

$560,000

4 Beds
5 Baths
1,823 Sqft
0 Acres
1 Garages

Awesome investment property: Purpose built student rental housing generating over five percent return (net). New construction just 3 city blocks from Vancouver Island University, 1 block from the Aquatic Centre, gym, parks and arena. Easy walk to the Old City Quarter and City Centre. Public transit just steps from the front door. Building has 4 separate, complete student living areas, each with a large bedroom, oversized closet, full ensuite and balcony. Main floor is a shared kitchen, dining and living area with additional 2 piece bathroom, storage and outdoor deck areas. Second and third floors each have separate laundry. Modern interior finishes in neutral colours throughout. Strata title property provides owners with management of the property, including maintenance of the building exterior, landscaping, services and common area maintenance. Rental Disclosure Statement protects the rental of these units.

Essential Information
MLS® #465173
Price$560,000
Bedrooms4
Bathrooms5.00
Square Footage1,823
Acres0.00
Year Built2019
TypeResidential
Sub-TypeCondo/Strata
StyleTownhouse
StatusActive
Community Information
Address308 Hillcrest Ave 107
AreaZ4 University District
CityNANAIMO
ProvinceBC
Postal CodeV9R 6G6
Amenities
ParkingOpen
# of Garages1
Interior
Interior FeaturesFully Fenced
HeatingBaseboard
Lot Description

Central location, Easy Access, Shopping Nearby, Recreation Nearby, Landscaped, Can Be Rented

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