531 Selby St, Nanaimo, BC, V9R 2R9

MLS® # 944662

Investment For Sale In City Center/Protection Island, Nanaimo, British Columbia

$2,500,000

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531 Selby St, Nanaimo, BC - Outdoor With Exterior

531 Selby St, Nanaimo, BC - Outdoor With Body Of Water

531 Selby St, Nanaimo, BC - Outdoor With View

531 Selby St, Nanaimo, BC - Outdoor With Body Of Water With View

531 Selby St, Nanaimo, BC - Indoor Photo Showing Kitchen With Double Sink

531 Selby St, Nanaimo, BC - Indoor Photo Showing Kitchen

531 Selby St, Nanaimo, BC - Indoor Photo Showing Other Room

531 Selby St, Nanaimo, BC - Indoor Photo Showing Bathroom

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531 Selby St, Nanaimo, BC, V9R 2R9

$2,500,000

Property Information:

Newly renovated 12-suite apartment building located on the outskirts of downtown Nanaimo. This primely locatedbuilding benefits from significant renovations providing investors with a hands-off investment opportunity. Favorable suite mix with ten (10) 1-bedroom units and two (2) studio units. Centrally located within walking distance to the ocean, parks,schools, cafés, grocery stores, restaurants and downtown Nanaimo. Convenient and easy access to transit routes alongAlbert Street and Victoria Road. No interior hallways and all suites are separately metered. Improvements include; new torch on roof, new on demand hot water system, new natural gas commercial dryers and commercial washing machines, exterior repainted, extensive suite renos and remote security camera system to name a few.

Property Features:

Annual Tax Amount: $8,075
Built in: 1969
Floor Space (approx): 1 Square Feet
Lot Frontage: 8801 Square Feet
Lot Size: 8801.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family

Courtesy of: Colliers

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

Location of 531 Selby St, Nanaimo, BC, V9R 2R9

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: Significant

20 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: Significant

20 hot days expected in 2050

29/100

Significant

ClimateCheck®

Current data

This property, 531 Selby 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 Storm Risk: Exteme

14 storms expected in 2050

93/100

Exteme

ClimateCheck®

Current data

This property, 531 Selby 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 531 Selby St, Nanaimo, BC, V9R 2R9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,880.57

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.73 %

High school certificate or equivalent

29.87 %

Apprenticeship trade certificate/diploma

9.41 %

College/non-university certificate

18.76 %

University certificate (below bachelor)

2.73 %

University Degree

24.5 %

Commuter

Travel To Work

By Car

71.36 %

By Public Transit

8.36 %

By Walking

16.2 %

By Bicycle

1.42 %

By Other Methods

2.66 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.5 %

Houses

43.5 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 531 Selby St, Nanaimo, BC, V9R 2R9

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 531 Selby St, Nanaimo, BC, V9R 2R9

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

531 Selby St, Nanaimo, BC, V9R 2R9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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