Staley
202 - 505 Hamilton St.
Vancouver, BC
Canada V6B 2R1
Details
Address | 934 Townsite Rd |
Area | Nanaimo |
Sub Area | Central Nanaimo |
State/Province | British Columbia |
Country | Canada |
Price | $549,900 |
Property Type | Single Family |
Bedrooms | 3 |
Bathrooms | 2 |
Floor Space | 1360 Square Feet |
Lot Size | 6510.00 Square Feet |
Waterfront | No |
Year Built | 1953 |
Taxes | $3,443 |
Tax Year | 2023 |
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 $1900/month in rental income with a potential for $2850-$3200/month ( bachelor suite is vacant ), this property offers financial flexibility while you plan your next move or is ideal for first-time buyers with some TLC and good long term holding value with two road frontages and flat land. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, a 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
About
Larry has been successfully taking care of his clients’ real estate needs in the central Vancouver Island area for 12 years. What started out as a getaway cottage escape to Nanoose Bay became an opportunity to assist others in discovering the beauty and lifestyle that Vancouver Island offers. Larry believes that it is important to take the time to fully understand his clients wants and needs. To help them understand and appreciate the community so that they can make the best decision possible in finding their next home.
Larry has an extensive background in corporate management, consulting, and human resources and is a certified Business Made Simple Business Coach. Throughout his career he has always believed that by taking the time to clearly understand his client’s needs and establishing an environment of trust that it will result in a mutual win for all parties. His exceptional people and negotiation skills, along with his constant communications with each client, will ensure the high level of service his former clients have experienced will continue.
“Since moving to the Oceanside area in 2004 with my wife and daughter, I have experienced firsthand the joys of Island living. I look forward to helping my clients find the right home. Whether it is your first home purchase, your right sizing condo or anything in-between, I am dedicated to providing you with the utmost of professionalism and service. Please give me a call for any of your Real Estate needs. I look forward to the privilege of putting my experience to work you.”