B.
P.o. Box 1443 - 516 1st Avenue
Ladysmith, BC
Canada V9G 1A7
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.
Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.
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
I do things with your best interests in mind!
I am a professional Real Estate agent specializing in the Cowichan Valley on Vancouver Island, BC. I love this area, and I know you will too!
Here’s three quick reasons why working with me is beneficial to my clients:
- Loyalty: As your Real Estate Professional, I work tirelessly on your behalf to represent your best interests in any real estate transaction.
- Confidentiality: I will hold all information you disclose to me in the strictest of confidence.
- Full Disclosure: I will give you all the facts that are relevant to your decision.
My career choice to become a Realtor was the culmination of 35 years of professional experience. I have at various times been a Mortgage and Loans Office ; a certified Financial Planner, and an Adult Education Teacher of Economics, Accounting, HR, Marketing, Business Law and Customer Service. After that, I was in the Plumbing and Heating Industry for over 15 years!
Needless to say, my experience has given me a comprehensive, holistic perspective on Real Estate, and literally everything that goes into it. I’m able to help you get what you need from the bank, I can explain contracts simply and respectfully, and I can describe housing components easily.
Whether you are a buyer or a seller, I am confident that I can offer you top quality service. Simply give me a call and see for yourself.
I look forward to hearing from you!