934 Townsite Rd | $559,900
John Zhao Agent Photo
John
Zhao*
C. (250) 797-8838
P. (250) 756-2112
Phone John www.johnzhaoproperties.com
SUTTON GROUP-WEST COAST REALTY (NAN)
#604 - 5800 Turner Road
Nanaimo, BC
Canada V9T 6J4

Details

%
Years (35 year max)
Years



Address 934 Townsite Rd
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$559,900
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 $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, 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

John Zhao is a BC licensed representative in real estate trading services, serving you from the Sutton Group. Your satisfaction is his utmost aspiration! His highlights include the followings:

First, since 1999, John has lived and worked in Nanaimo, Victoria, and Vancouver. John is very familiar with the local real estate properties, geographical and cultural environment, architectural standards, and requirements and changes in the BC Building Codes. He has firsthand experience in residential construction and renovation including drawing up blueprints, applying for building permits, pouring concrete foundation, framing, installing insulation and air barriers, installing skylight windows, wiring internet / TV cables and electric appliances, installing heating and plumbing systems and roofing while abiding to the Building Code and passing the city examinations. From his experience and insightful knowledge in real estate, John has a thorough grasp of good house locations, building benefits and disadvantages, cost-effectiveness and value-added potentials. John’s extensive background allows him to provide you with invaluable advice on choosing your most desirable real estate properties!

Second,John also has great hands-on experience in home improvements and maintenance. His knowledge encompasses building care, lawn and garden upkeep, water treatment, cooling and heating systems, antifreezing and UV protection, pest control, mildew prevention and other routine maintenance.

Third,John has broad and in-depth social knowledge and resources on how to get help from governments, banks, insurance companies, law offices, schools, health units, religious organizations and communities.

Fourth,John has a diverse educational backgroud with two Master’s degrees; one in Engineering from the University of Science and Technology of China and another in Computer Sciences from Dalhousie University. John was also designated as a Life Insurance Agent by the Insurance Council of BC in 2005. 

John is happy to meet and work with people locally and internationally. He strives for excellence and professionalism when helping you buy or sell properties so you can be assured with his service.