Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$749,000

5 Beds

3 Baths

2107 FEETSQ

QuickQuoteTM: $638K - $856K

Nanaimo BC, V9S 1M9

MLS® # 1014831

Property Information:

Investment Opportunity in Central NanaimoDiscover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers.This income-generating property offers three separate suites:Two 2-bedroom, 1-bath unitsOne 1-bedroom, 1-bath suiteEnjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand.Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.

Property Features:

  • Bedrooms: 5
  • Bathrooms: 3
  • Annual Tax Amount: $2,715
  • Basement: Finished
  • Built in: 1968
  • Construction Materials: Frame Wood
  • Cooling: None
  • Floor Space (approx): 2107 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Electric
  • Laundry Features: In House
  • Lot Frontage: 11953 Square Feet
  • Lot Size: 11953.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Carport Double, Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Full Duplex
  • Roof: Membrane
  • Water Source: Municipal
  • Zoning: R1 & R4
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom Other level :Lower 3.30 m x 3.30 m
  • Great Room Other level :Lower 4.29 m x 3.63 m
  • Laundry Other level :Lower 2.64 m x 2.18 m
  • Bathroom Other level :Lower
  • Bathroom Main Level
  • Bedroom Main Level 3.96 m x 3.96 m
  • Living Main Level 4.57 m x 3.96 m
  • Kitchen Main Level 2.64 m x 2.31 m
  • Bedroom Main Level 3.63 m x 3.30 m
  • Dining Main Level 3.63 m x 3.30 m

Convert Measurement to:


Courtesy of: REMAX Professionals

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

More Detail
Less Detail
QuickQuoteTM Powered by RPS
Approximate value for 5 bed, 3 bath house in this area is:
List Price
below Estimate List Price
above Estimate
List Price
QuickQuoteTM provides an estimated range of a property's current value and is based on recent historical data and neighbourhood sales. QuickQuoteTM may vary from the list price as a result of market dynamics, or if the property has changed substantially since its last sale. Click below to connect with an expert. By using QuickQuoteTM you acknowledge that you have read and agree to the Terms of Use and the Privacy Policy.

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1575 Townsite Rd, Nanaimo, BC, V9S 1M9

Demographic Information of 1575 Townsite Rd, Nanaimo, BC, V9S 1M9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,106.11

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.91 %

High school certificate or equivalent

34.91 %

Apprenticeship trade certificate/diploma

7.97 %

College/non-university certificate

19.93 %

University certificate (below bachelor)

2.08 %

University Degree

20.2 %

Commuter

Travel To Work

By Car

82.87 %

By Public Transit

4.26 %

By Walking

10.63 %

By Bicycle

0.68 %

By Other Methods

1.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.56 %

Houses

37.44 %

Own Vs. Rent

More Detail
Less Detail