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1400 Townsite Rd Nanaimo, British Columbia V9S 1N1

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$735,000

MLS® Number: 1026033
6 2 4

See the mountains from your living room. This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Situated on a quarter-acre double lot with lane access, this is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, with easy access to parks, shops, and other amenities. The property can be rented immediately for an impressive 5% cap rate. Plumbing is already in place downstairs, allowing for the addition of a secondary suite. (id:59126)

Property Details

MLS® Number 1026033
Property Type Single Family
Neigbourhood Central Nanaimo
Features Central Location, Southern Exposure, Other
Parking Space Total 4
Plan Vip18612
View Type Mountain View

Building

Bathroom Total 2
Bedrooms Total 6
Appliances Dryer, Stove, Refrigerator, Washer
Constructed Date 1967
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Type Baseboard Heaters
Size Interior 2,275 Ft2
Type House

Rooms

Level Type Dimensions
Lower Level Laundry Room 11'8 x 10'10
Lower Level Bathroom 9'0 x 6'0
Lower Level Bedroom 9'0 x 12'7
Lower Level Bedroom 10'11 x 12'8
Lower Level Bedroom 9'2 x 10'0
Main Level Bathroom 9'11 x 14'0
Main Level Bedroom 9'11 x 14'0
Main Level Bedroom 11'6 x 10'0
Main Level Bedroom 11'7 x 13'2
Main Level Kitchen 15'3 x 10'0
Main Level Dining Room 10'2 x 10'4
Main Level Living Room 14'6 x 17'3
Other Entrance 6'3 x 4'11

Land

Acreage No
Size Irregular 10312
Size Total 10312 Sqft
Size Total Text 10312 Sqft
Zoning Description R5
Zoning Type Residential

https://www.realtor.ca/real-estate/29367569/1400-townsite-rd-nanaimo-central-nanaimo

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