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934 Townsite Rd | $549,900
Aaron Kuehl Agent Photo
Aaron
Kuehl*
C. (250) 218-0269
 P. (250) 871-1377
 Phone Aaron http://www.keelrealestate.ca/
ENGEL & VOLKERS VANCOUVER ISLAND NORTH
324 5th St.
 Courtenay, BC
 Canada V9N 1K1

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

Aaron Kuehl is a licensed REALTOR® who works with Royal LePage in the Comox Valley. At age 12, he moved with his family from eastern Canada to Vancouver Island, and he quickly became accustomed to island life. Aaron grew up playing hockey, dirt biking, and camping, which are all activities he still currently enjoys. His wife also enjoys the outdoors, and the two of them take every opportunity they can to explore the island with their energetic puppy in tow, or towing them!

Aaron has always had a mind for business, and his hard work and initiative provided him the opportunity to manage a team of up to 30 employees in northern Alberta for a few years. Now working as a REALTOR®, Aaron uses his leadership experience and organizational skills to help people find their own piece of the island, from the Comox Valley to Campbell River. Aaron’s passion and strong work ethic has made him a sought-after real estate agent on Vancouver Island, and he has helped both seasoned and first-time real estate clients navigate the sales of investment properties, first homes, and quiet places to retire.

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