260 Craig St, Nanaimo, BC, V9R 3V5

MLS® # 1021004

Investment For Sale In Harewood, Nanaimo, British Columbia

$2,200,000

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260 Craig St, Nanaimo, BC - Outdoor With Exterior

260 Craig St, Nanaimo, BC - Outdoor With View

260 Craig St, Nanaimo, BC - Outdoor With Body Of Water With View

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260 Craig St, Nanaimo, BC, V9R 3V5

$2,200,000

Property Information:

Colliers is pleased to offer for sale this 10-unit rental property featuring eight (8) 2-bed, 2-bath apartment units and two (2) 3-bed, 2-bath detached duplex units. Each unit has in-unit laundry, under-building parking and a spacious deck. The building has been well maintained with minimal immediate capital expenditures or renovations required, strong rental upside, spacious floorplans and ample on-site parking options. Recent capital upgrades include a new pitch roof (2024) and a modernized fire safety system (2024). The property is situated in immediate proximity to the Third Street and Fitzwilliam Street intersection, providing convenient access to both the Nanaimo Old City Corridor and the Nanaimo Parkway. For more information on this offering please connect with us

Property Features:

Annual Tax Amount: $16,216
Building Features: Laundry Room, Parking
Built in: 1930
Exterior Features: Balcony/Deck
Flooring: Laminate, Tile
Heating: Baseboard
Lot Features: Central Location
Lot Frontage: 19800 Square Feet
Lot Size: 19800.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Frontage Type: Lane
Road Surface Type: Paved
Zoning: R6

Courtesy of: Colliers International (Nan)

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.

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Market Price Trends

All Properties

3.22%

Price change (1 year)

47.17%

Price change (5 years)

Location of 260 Craig St, Nanaimo, BC, V9R 3V5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 260 Craig St , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

31.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 260 Craig St , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past

569.5mm

2050

660mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 260 Craig St, Nanaimo, BC, V9R 3V5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,721.40

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.42 %

High school certificate or equivalent

31.56 %

Apprenticeship trade certificate/diploma

9.4 %

College/non-university certificate

17.1 %

University certificate (below bachelor)

1.53 %

University Degree

22.98 %

Commuter

Travel To Work

By Car

77.69 %

By Public Transit

5.33 %

By Walking

8.86 %

By Bicycle

2.85 %

By Other Methods

5.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.0 %

Houses

71.0 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

All Properties

Location of 260 Craig St, Nanaimo, BC, V9R 3V5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 260 Craig St, Nanaimo, BC, V9R 3V5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

260 Craig St, Nanaimo, BC, V9R 3V5

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing