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934 Townsite Rd | $549,900
Dawn Walton Agent Photo
Dawn
Walton*
C. (250) 740-0978
 P. (833) 817-6506
 Phone Dawn http://www.islandhomegroup.com
EXP REALTY
#2 - 3179 Barons Rd
 Nanaimo, BC
 Canada V9R 5B3

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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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

As ‘YOUR Real Estate Professional’ Dawn brings the highest standards of service to her clients, in addition to a wealth of community and local market knowledge. Her client-first philosophy, professional network, marketing savvy and negotiating skills offer a superior real estate experience to her clients. 

Having built a successful business in property investment, Dawn understands just what it takes to achieve your real estate goals. Her extensive background in home renovation and new construction gives her clients the confidence necessary to make an informed decision on their investment.

In addition to residential purchases and sales, Dawn specializes in investment opportunities in Central Vancouver Island including Nanaimo, Ladysmith, and Parksville. 

Dawn maintains a strong presence in the community supporting local amateur sports, the Children's Miracle Network and is the co-founder of the Erica Murphy female athletic bursary at VIU. When time permits Dawn can also be found at the rink or on the ball field.

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