236-237-5974
550 Brechin Rd, Nanaimo, BC for Sale
Apartments - FOR SALE
1/19
null | Request Cap Rate

550 Brechin Rd
Nanaimo, BC V9S 2X1


HIGHLIGHTS

  • Spectacular Ocean Views of Newcastle Island, Short Walk to Departure Bay Ferries, Seair Float Planes, Multiple Marinas, Bus Stop In Front
  • Built to Step Code 3
  • Secure Underground Parking with EV Chargers
  • Two Elevators, Two Oceanview Amenity Decks, Property Management Office, Fob Access System and Security Cameras
  • Secure Bike Storage & Dog Wash

OVERVIEW

Macdonald Commercial is pleased to present The Regatta by WestUrban Developments, located at 550 Brechin Road, Nanaimo, BC. Boasting a total of 87 units—34 studios, 55 one-bedroom, and 29 two-bedroom apartments—this property encompasses 56,628 square feet with a net rentable area of 52,740 square feet. Each unit is designed with contemporary features, including stainless steel appliances, quartz countertops, and private balconies that showcase stunning views of Newcastle Island. The building offers a comprehensive suite of amenities that enhance its appeal, including secure underground parking with EV chargers, bike storage, and a robust security system. The property features two oceanview amenity decks, a dedicated dog wash station, and easy access to transportation with Departure Bay Ferry Terminal and a bus stop steps away.

FOR SALE DETAILS

PRICE

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# OF UNITS

87

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Regatta

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

110

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

R8

APN/PARCEL ID

001-163-426

ASK ABOUT THIS PROPERTY

Paul KimMacdonald CommercialMore Info
236-237-5974

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Paul KimMacdonald CommercialMore Info
236-237-5974

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