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JUST LISTED
5 3 2,107 sqft
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Residential

$739,000
1575 Townsite Rd, Nanaimo, BC

Address

1575 Townsite Rd, Nanaimo, BC

Price

$739,000

Bedrooms

5

Bathrooms

3

Square Feet

2,107

Property Description

Investment Opportunity in Central Nanaimo. Priced below assessed value!! Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers. This income-generating property offers three separate suites: Two 2-bedroom, 1-bath units, one 1-bedroom, 1-bath suite. Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand. Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.

Room Details

Bathroom

Level: Main level

Dimensions: 4-Piece

Bedroom

Level: Main level

Dimensions: 13\' x 13\'

Bedroom

Level: Main level

Dimensions: 11\'11 x 10\'10

Dining room

Level: Main level

Dimensions: 11\'11 x 10\'10

Kitchen

Level: Main level

Dimensions: 8\'8 x 7\'7

Living room

Level: Main level

Dimensions: 15\' x 13\'

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1033554
Property Type: Residential
Property Subtype: Full Duplex
Status: Active
Lot Size: 0.00 acres
Area: Nanaimo - Na Central Nanaimo
Annual Tax: $5,209 (2024)
Days on Market: 1 days

Additional Property Details

Building Type: Duplex
Construction Date: 1968
Interior Size: 2107 sqft
Cooling: See Remarks

Parking & Land Details

Parking Spaces: 4
Acreage: false

Landscape & Property Information

Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1033554

Property Location

1575 Townsite Rd, Nanaimo, BC

Listed by REMAX Professionals (NA)

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