Description

C8040451: Welcome to Leamington Apartments! Turnkey investment opportunity in sought-after prime Renfrew Heights area. Well maintained 17-unit apartment building with 2 bachelor suites, 12 one-bedrooms, and 3 two-bedrooms. All suites offer spacious living areas, stunning hardwood flooring, double-paned windows. Beautifully preserved midcentury character everywhere! Updated hot water tanks (2007 & 2018) and boiler (200), and newer water lines throughout the building (2018). Hot water heating, communal laundry room, storage lockers, and 10 parking stalls. Gross annual income ~$191k, Feb 2022 projected rent roll ~$194k. RM-3A zoned. Walking distance to bus stop (60 meters), Nanaimo Skytrain Station and popular Trout Lake. Amazing opportunity, call for more information today!

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