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934 Townsite Rd | $549,900
Tammy Antrobus Agent Photo
Tammy
Antrobus
C. (250) 488-0804
 P. (250) 480-3000
 Phone Tammy www.TammyAntrobus.com
FAIR REALTY (PENTICTON)
129 Nanaimo Avenue W
 Penticton, BC
 Canada V2A 1N2

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

Live. Work. Play. The South Okanagan is a dream in itself; many fantastic areas to choose from; four distinct seasons; a great variety of indoor or outdoor activities and lots of choice for shopping. The pursuit of investing in Real Estate can be the most exciting and rewarding experience you will encounter. However, finding a suitable property for your families wants and needs at a price you can afford is sometimes a bit of a challenge. You need a Real Estate representative who understands your desires, has a good eye for easy changes that can be made to a property to fit your needs and to help you make the best choice for your family. I am that Realtor®. I demonstrate a profound dedication to all clients whether you are purchasing a dream home or selling a property to move on to bigger and better dreams. With mutual honesty, loyalty and accountability, I will answer your questions and follow your instructions attentively.

If you are looking for a Real Estate representative who knows the Okanagan Valley, has over 20 years of experience working with sellers and buyers, will listen to your ideas, be aggressive in her marketing and advertising, and give you all the attention you deserve, call or text me at 250-488-0804, you won’t be disappointed!

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