CABCNanaimoHarewood546 Wakesiah Ave
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546 Wakesiah Ave, Nanaimo, BC

House

For Sale

Listed price in listed location currency (CAD).
$700,000

634

MLS® 1023285

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2120 sqft
Garage No
Taxes $4,685
Days Active 0
Lot Size 0.11 acres
Approx. Age 1981
Avg. Price Per Sqft $330
MLS® Number 1023285

Property Address: 546 Wakesiah Ave, Nanaimo, BC, V9R3L1

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place. Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University. The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future. Spanning 2, 120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow. Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.
MLS® Number1023285
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1981
BasementFull, Walk-Out Access, With Windows
DrivewayCarport
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 14, 2026List Date
$700,000List 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: $700,000 and $717,000.
Similar properties in this area sold on average for: $710,785
Expected to sell in 22 days. Similar properties sold in 22 days. This home has been on eXp Realty for 0 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.

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546 Wakesiah Ave, Nanaimo, BC

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