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$2,550,000
British Columbia,Nanaimo
For Sale Active
931 Crace St, Nanaimo, British Columbia V9R2T4
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Basic Details
Description

Well-maintained 10-unit rental apartment building at the edge of Nanaimo’s harbour and downtown core. Located at 931 Crace Street, the property offers immediate access to Port Place Mall and the new Hullo foot passenger ferry with 70-minute service to downtown Vancouver. The unit mix includes 7 one-bedroom units, 2 two-bedroom, and 1 three-bedroom. This unique character building is being offered

at a strong cap rate although there is still significant upside potential upon tenant turnover. Situated in a growing, gentrifying neighbourhood, this is an excellent opportunity to acquire a solid income property with long-term growth potential. More information available. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 1012926
  • Price: $2,550,000
  • View: City view,Mountain view,Ocean view
  • Year Built: 1928
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 276777
Features & Appliances
Features
  • Heating System: Electric, Baseboard heaters
Address Map
  • Location: CA, British Columbia, Nanaimo, V9R2T4
  • Street: Crace
  • Street Number: 931
  • Street Suffix: Street
  • Longitude: W124° 4' 2.9''
  • Latitude: N49° 9' 42.3''
  • Zoning: Unknown
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 12936
  • Number Of Units Total: 10
Financial
  • Tax Annual Amount: 10374
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Listing updated: 2025-12-08 13:37:56
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Listing Information
  • List Agent Key: 1673971
  • List Office Key: 276777
  • Modification Timestamp: 2025-10-27T22:05:09Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2025-10-27T21:54:09Z
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Listing updated: 2025-12-08 13:37:57
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