934 Townsite Rd | $549,900
David Lowes PREC* Agent Photo
David
Lowes PREC*
P. (250) 748-7200
 Phone David https://davidlowes.com/
RE/MAX ISLAND PROPERTIES
472 Trans Canada Highway
 Duncan, BC
 Canada V9L 3R6

Details

%
Years (35 year max)
Years



Address 934 Townsite Rd
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$549,900
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space1360 Square Feet
Lot Size6510.00 Square Feet
WaterfrontNo
Year Built1953
Taxes $3,443
Tax Year2023
MLS® #978599

Attention Investors! Here's your chance to seize a prime redevelopment opportunity in central Nanaimo. This 6510 sqft flat lot boasts dual road frontages and is serviced with water, sewer, and natural gas, setting the stage for a variety of development possibilities. Currently generating $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, sunroom, and a separate 1 bed, 1 bath suite that can easily be integrated. Additional perks include a 5'9" basement for storage, recent updates such as new floors, paint, and bathroom fixtures, plus a roof approximately 10-15 years old. Parking is abundant with space for cars or RVs, and there's potential to add a workshop or detached garage with access from Eberts Street. Located within minutes of Nanaimo Hospital, Vancouver Island University, Departure Bay Beach/Ferries, and other key amenities, this property promises both convenience and growth potential. Don't miss out on this rare opportunity to capitalize on Nanaimo's real estate market! All measurements are approximate and should be verified if important.

Listed by RE/MAX OF NANAIMO

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location

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About

 

I build my business on integrity and service.

David Lowes has been a Duncan REALTOR® serving clients throughout the Cowichan Valley at RE/MAX Island Properties for over 10 years. He is with the David Lowes Real Estate Group and loves helping people find the home of their dreams, and working with his sellers to get the best possible price and terms for their house sale.

 

He specializes in residential house sales including acreages and Vancouver Island waterfront properties. He is also very experienced with new builds, lot purchases, and development work. David prides himself on handling difficult situations and negotiations with ease and integrity on behalf of his clients, ensuring smooth buying and selling experiences.

 

David and his wife have lived in Duncan for over 20 years, raising their two great kids in the wonderful Cowichan Valley. His local expertise and knowledge are valuable assets to his buyers and sellers.

 

David believes in supporting his community as a Training Captain with North Cowichan Fire Department’s Maple Bay Fire Hall and other local charities like Nourish Cowichan. David is proud to call this beautiful community home and would love the opportunity to discuss real estate with you. Contact David with your Cowichan Valley real estate questions and have the David Lowes Real Estate Group market your home for all it’s worth.