4775 Uplands Dr, Nanaimo
4775 Uplands Dr, Nanaimo, BC V2C6S9
$25M total
63,499 SF
Asset Class
Multifamily
Size
63,499 SF
Building class
C
Zoning
RA9 — High Rise
$ / SF
$394
Occupancy
92%
Lot Size
0.05656565656565657 ac
About this property
Opportunity to acquire Chelsea at Longwood, the first of two brand new stratified multi family investment properties situated in the prestigious and award winning ''Active adult'' oriented Longwood Community in North Nanaimo adjacent to shopping, restaurants and medical services. The property is a 4 storey wood framed construction over one level of underground parking. The property is stratified as it was originally designed as a luxury condominium with large suites, condo quality finishes and air conditioning. Anticipated occupancy September 30, 2026. Display suite available for viewing. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$115K
Projected NOI
$978K
Annual cash flow
$-407K
Cash-on-cash
-5.43%
DSCR
0.71
Going-in cap
3.91%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 33,756 SF | 2029-08 |
| Vector Robotics | 24,790 SF | 2029-08 |
Area demographics
Trade area within 3 miles of the property.
Population
119,753
Households
47,426
Median income
$125,500
Median age
35.5
Daytime population
160,783
5-yr growth
2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4775 Uplands Dr, Nanaimo.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.