Walls*
1101-115 Fulford-ganges Rd
Salt Spring Island, BC
Canada V8K 2T9
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
Fiona and her family have been a part of the Salt Spring Community since 1980. Fiona
became licensed Realtor in 2002 and has over 35 years of experience in sales and
management as well as a long history of working as an innovative entrepreneurial. Her
years of cumulative experience and expertise makes her a unique and dynamic Relator.
She listens to what a client’s needs are and works together with the client to create an
informed and comfortable home-buying or selling experience. When you meet Fiona,
you’ll find her to be a down-to-earth, very personable and reliable professional dedicated
to the field of Real Estate on Salt Spring Island.
Fiona and her husband raised their family on their farm on Salt Spring Island, and she
spent successful years in the Gulf Islands Real Estate Industry. Once the children left
home, they moved abroad for 5 adventurous years to the United Arab Emirates. They
have since returned to Canada settling once again on Sweetwater farm, and Fiona
returning to her former brokerage Pemberton Holmes Salt Spring Island.