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934 Townsite Rd

Single Family Residence For Sale in Na Central Nanaimo, Nanaimo

$549,900
  • 3 Beds
  • 2 Baths
  • 1,360 Sq. Ft.
  • Built 1953
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.
Address 934 Townsite Rd
List Price $549,900
Property Type Residential
Type of Dwelling Single Family Residence
Area Nanaimo
Sub-Area Na Central Nanaimo
Bedrooms 3
Bathrooms 2
Floor Area 1,360 Sq. Ft.
Lot Size 6510 Sq. Ft.
Lot Size Acres 0.15 Ac.
Year Built 1953
MLS® Number 978599
Listing Brokerage RE/MAX of Nanaimo
Basement Area Not Full Height
Postal Code V9S 1M1
Tax Amount $3,443
Tax Year 2023
Features Ceiling Fan(s), Closet Organizer, Dining/Living Combo, Electric, F/S/W/D, Forced Air, Laminate, Microwave, Mixed, Natural Gas, Refrigerator, Washer, Wood Frames
Amenities Accessible Entrance, Adult-Oriented Neighbourhood, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Fencing: Partial, Level, Marina Nearby, Near Golf Course, Park Setting, Quiet Area, Rectangular Lot, Serviced, Southern Exposure

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Zamian Parsons

RE/MAX Camosun

4440 Chatterton Way Victoria BC V8X 5J2

Office: (250) 514-1533

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