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Condominiums in Nanaimo being snapped up

Two days on the market and more than half of the 61 units in a new condominium development at 91 Chapel Street in Nanaimo are sold.
John Cooper of Cooper of McLintock and Associates says the response was not what they had anticipated…..
The units range in price from 259,000 dollars to just under 690,000 dollars.
Cooper says buyers include investors, locals purchasing for occupancy or investor purposes, and there’s been some international purchasers as well.
Construction on the building is set to begin next month and it’s expected to be ready for occupancy in early 2019.
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