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934 Townsite Rd | $549,900
Sonja Sutton Agent Photo
Sonja
Sutton*
C. (250) 720-6804
 P. (250) 723-5666
 Phone Sonja
RE/MAX MID-ISLAND REALTY
4201 Johnston Rd.
 Port Alberni, BC
 Canada V9Y 5M8

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 $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.

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About

I am a hometown girl. Born & raised in Port Alberni, I love this community and our West Coast lifestyle. Port Alberni truly is the Heart of the Island, and I can't wait to help you explore the potential here. I am blessed to be part of this close knit community surrounded by the raw natural beauty of Vancouver Island.

With over 14 years in Real Estate, I know attention to detail and open & frequent communication play a big part in my success. Providing the BEST customer service is my number one goal; I love what I do, and it shows! Whether you are buying or selling, I look forward to speaking with you to discuss your Real Estate needs further. Contact me at 250-720-6804 or via email at sonjasutton1@gmail.com.


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