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One Percent Realty Ltd.

Homes For Sale in Nanaimo

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4775 Uplands Dr
Na Uplands Nanaimo V2C 6S9

$26,000,000
Commercial Sale built: 2026

Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1052961
Year Built:
2026
Investment Opportunity to acquire "The Chelsea" at Longwood Estates. Located in an exclusive, award winning community in North Nanaimo, with park like lands, ponds, bridges and a fantastic clubhouse. Walking distance to all amenities. This and the upcoming identical building are the last that will be built in Longwood. Chelsea is adjacent to Origin Retirement Living, giving tenants an opportunity to belong to "Club O" and the many facilities and programs that Origins offers. This luxury 48-unit building with an underground parking is condo quality throughout, having quartz countertops, air conditioned heat pump, high end appliances and in suite laundry. Offering 48 suites - 34 ( 2 bedroom 2 bathroom ) and 14 ( 1 bedroom ) Over 400 prospective tenants are registered for this adult oriented building. 5 cap on projected income. 80% mortgage AWQ. Share purchase is available. Display suite. For info package or to view call L/S.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2026 (Age: 0)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Uplands, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.23 acre(s)
Taxes:
Building Features:
Bike Storage, Elevator: Passenger, Fire Alarm, Fire Sprinklers, Indoor Parking, Shopping Centre, Shopping Nearby, Transit Nearby, Underground Garage
New Construction:
Yes
Number of Storeys:
4
Ceiling Heights:
Total Building Area:
1.46 acre(s)
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Available
Cooling:
Air Conditioning
Fireplace:
No
Pending Date:
Balcony/Patio
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Property Condition:
Under Construction
Lot Site Features:
Adult-Oriented Neighbourhood, Central Location, Easy Access, Landscaped, Park Setting, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, See Remarks
Parking Features:
On Site
Total Parking Spaces:
64
Road Surface Type:
Paved
Business Name:
The Chelsea at Longwood
Business Type:
Accommodation
Total Units:
Date Listed:
Oct 23, 2026
Original Price:
2.6E7
Larger map options:
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Listed by Century 21 Harbour Realty Ltd.
Data was last updated October 24, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$1,250,000
Min list price:
$99,000
Max list price:
$26,000,000
Avg days on market:
95
Min days on market:
1
Max days on market:
683
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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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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.