934 Townsite Rd | $549,900
John Melvin Agent Photo
John
Melvin
C. (778) 677-9694
P. (250) 477-7291
Phone John
DFH Real Estate
#202-3795 Carey Rd
Victoria, BC
Canada V8P 4J1

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


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About

A thirty-year resident of Victoria, I began my journey of becoming a sales professional cutting my teeth in the competitive office supply sales market and finishing with a successful twenty-year award winning tenure in health care sales. Also, for an eight-year period my entrepreneurial side emerged when I developed, operated and eventually sold my own business “Dine In Victoria”.  Along the way I have creatively renovated three homes and helped design and construct two others. 

A husband and father of two adult boys, I have always been an active member in the community, serving with the Victoria Chamber of Commerce, the Canadian Diabetes Association, coaching youth sports with Victoria Night League Basketball, Saanich Fusion FC, Saanich Minor Lacrosse and with the Five-time Provincial High School Football Champions: Mount Douglas Rams. Personally, I enjoy a good round of golf but not the awful handicap.

 If you are looking to sell or buy a property in Victoria, and looking for a REALTOR®, I would look forward to meeting with you to discuss my marketing plans and buying strategies which would be tailored for your specific needs. After thirty years residing in Greater Victoria, I can provide valuable information on particular neighbourhoods, upcoming areas and locations that would best suit your lifestyle. 

                       Your passions are my utmost concerns - nothing short of the Gold Standard”.