Listed price in listed location currency (CAD).
$640,000

620

MLS® 1041657

  • Property Details
  • Map

Description

Excellent investment opportunity in a prime central Nanaimo location just two blocks from the hospital, making it an ideal rental property for healthcare professionals and other nearby employees. Two self contained suites, each featuring 3 bedrooms and 1 bathroom, providing strong rental appeal and excellent income potential. Both units are occupied by reliable long term tenants, making this a true turnkey investment. With separate hydro meters, utility management is simple and efficient. Enjoy beautiful views of Mt. Benson from this desirable property, conveniently located close to shopping, schools, transit and other amenities. Whether you're looking to expand your investment portfolio or live in one suite while generating income from the other, this property offers outstanding flexibility and value. OCP designated "Neighbourhood" zoning with future multifamily development potential.

Key Facts

Type Single Family Residence
Levels Residential
Size 1963 sqft
Taxes $3,206
Days Active 59
Lot Size 0.24 Acres
Approx. Age 1948
Avg. Price Per Sqft $326
MLS® Number 1041657
Central VacNo
FireplaceNo
Approx. Age1948
BasementFinished, Full
DrivewayOn Street
HeatBaseboard, Electric
A/CNone

Additional Information

Zoning R5
Siding Aluminum Siding, Vinyl Siding
Landscaping Central Location

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 8, 2026List Date
$640,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $640,000 and $773,000.
Similar properties in this area sold on average for: $728,300
Expected to sell very soon! Similar properties sold in 14 days. This home has been on eXp Realty for 59 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1601 Townsite Rd, Nanaimo, BC

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