997 Hecate St, Nanaimo, BC, V9R 4K7

MLS® # 1020920

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

$2,400,000

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997 Hecate St, Nanaimo, BC - Outdoor With Deck Patio Veranda

997 Hecate St, Nanaimo, BC - Outdoor With Exterior

997 Hecate St, Nanaimo, BC - Indoor Photo Showing Kitchen

997 Hecate St, Nanaimo, BC - Indoor Photo Showing Other Room

997 Hecate St, Nanaimo, BC - Indoor Photo Showing Kitchen With Double Sink

997 Hecate St, Nanaimo, BC - Indoor Photo Showing Bathroom

997 Hecate St, Nanaimo, BC - Indoor Photo Showing Kitchen With Upgraded Kitchen

Home Insurance - TD Insurance

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997 Hecate St, Nanaimo, BC, V9R 4K7

$2,400,000

Property Information:

Colliers is pleased to offer for sale this nine (9) unit turnkey residential rental property featuring seven (7) studio units, one (1) 4-bedroom unit, and one (1) 2-bedroom unit! The units have all been extensively updated and modernized. The building has also been well improved by existing ownership, with recent capital upgrades including but not limited to, roof treatment, upgraded electrical and plumbing, five (5) new heat pumps and a new laundry room. This asset represents a rare opportunity to acquire a significantly upgraded, professionally managed and stable investment with assumable financing. The property is steps from the Old City Corridor, with a Walk Score of 72 (very walkable) - most daily errands can be accomplished on foot. It's also in close proximity to downtown Nanaimo, transit, highways, the Nanaimo Aquatics Centre and Vancouver Island University (VIU)

Property Features:

Annual Tax Amount: $8,477
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family

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

2.98%

Price change (1 year)

45.26%

Price change (5 years)

Location of 997 Hecate St, Nanaimo, BC, V9R 4K7

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, 997 Hecate 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, 997 Hecate 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 997 Hecate St, Nanaimo, BC, V9R 4K7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,340.89

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.32 %

High school certificate or equivalent

34.66 %

Apprenticeship trade certificate/diploma

10.81 %

College/non-university certificate

14.61 %

University certificate (below bachelor)

2.86 %

University Degree

13.73 %

Commuter

Travel To Work

By Car

74.88 %

By Public Transit

5.48 %

By Walking

12.4 %

By Bicycle

1.21 %

By Other Methods

6.03 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.33 %

Houses

83.67 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

All Properties

Location of 997 Hecate St, Nanaimo, BC, V9R 4K7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 997 Hecate St, Nanaimo, BC, V9R 4K7

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

997 Hecate St, Nanaimo, BC, V9R 4K7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing