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MLS®: 934531
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Type: Townhouse
Property Details
2019 built 10 unit building with rental income of $9983+utilities per month is up for grabs. Close to ammenities, transit, ferries, float planes, shopping, mall, schools, parks, churches is not the only reason this property has almost 100% occupied rate with wait list. The building is really well managed, clean with wonderful tenants in place. Seller retiring, option to vendor financing also available. If you have been looking to build your rental portfolio for passive income, this is the one you need to score. Fully tenanted to viewings are only Friday June 16, 2023 between 10-1 PM. If you plan on viewing without representation, please notify us in advance. Offers if any to be presented June 18, at 5 PM. All measurements from BC assessment are approximate, buyer to verify if fundamental to purchase. (id:1945)
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Property Information
- Zoning: Unknown
- Photos Count: 6
- Business Type: Accommodation
- Lot Size Units: square feet
- Structure Type: Multi-Family
- Common Interest: Freehold
- Tax Annual Amount: 10585
- Building Area Total: 5088
- Lot Size Dimensions: 6623
- Number Of Units Total: 10
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Nearby Places
Name |
Type |
Address |
Distance |
Nanaimo (electoral district) |
This riding was created as Nanaimo riding in 1903 ... |
|
0.0 km |
Nanaimo (provincial electoral district) |
Nanaimo is a provincial electoral district for the... |
|
0.1 km |
Mambo Gourmet Pizza |
Restaurant |
16 Victoria Crescent |
0.2 km |
Nanaimo |
It is known as "The Harbour City." The City was pr... |
|
0.2 km |
ACME FOOD CO |
Restaurant |
14 Commercial St |
0.2 km |
The Keg Steakhouse & Bar - Nanaimo |
Restaurant |
350 Robson St |
0.2 km |
Thrifty Foods |
Grocery or supermarket |
650 Terminal Ave |
0.3 km |
Firehouse Grill |
Bar |
7 Victoria Rd |
0.3 km |
Nanaimo Museum |
Museum |
100 Museum Way |
0.3 km |
Nanaimo railway station |
The station was a stop on Via Rail's Victoria – Co... |
|
0.3 km |
Bistro Taiyo Japanese Restaurant |
Restaurant |
321 Wesley St |
0.4 km |
Mon Petit Choux |
Restaurant |
101 Commercial St |
0.4 km |
Similar Townhouses Stat in Nanaimo
We have found 1 Townhomes that closely match the specifications of the property located at 571 Albert St with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 3,000,000 and 3,000,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the V9R2W1 postal code area of Nanaimo British Columbia Canada.
571 Albert St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 571 Albert St. The current price of the property is $2,999,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,399,200. This would result in a monthly mortgage payment of $14,024 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
20
|
Bachelor's degree
|
70
|
University / Above bachelor level
|
15
|
University / Below bachelor level
|
10
|
College
|
80
|
Degree in medicine
|
10
|
University degree at bachelor level or above
|
120
|
Neighbourhood Marital Status Stat
Married
|
175
|
Widowed
|
65
|
Divorced
|
100
|
Separated
|
40
|
Never married
|
260
|
Living common law
|
100
|
Married or living common law
|
275
|
Not married and not living common law
|
465
|
Neighbourhood Construction Date
1961 to 1980
|
140
|
1981 to 1990
|
40
|
1991 to 2000
|
75
|
2001 to 2005
|
15
|
2006 to 2010
|
50
|
1960 or before
|
105
|