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934 Townsite Rd Nanaimo, British Columbia V9S 1M1

3 Bedroom 2 Bathroom 1838 sqft
None Forced Air

$585,000

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 $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, 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. (id:59116)

Property Details

MLS® Number 967015
Property Type Single Family
Neigbourhood Central Nanaimo
Features Central Location, Level Lot, Park Setting, Southern Exposure, Partially Cleared, Other, Rectangular, Marine Oriented
ParkingSpaceTotal 1
Structure Patio(s)

Building

BathroomTotal 2
BedroomsTotal 3
ConstructedDate 1953
CoolingType None
HeatingFuel Electric, Natural Gas
HeatingType Forced Air
SizeInterior 1838 Sqft
TotalFinishedArea 1360 Sqft
Type House

Land

Acreage No
SizeIrregular 6510
SizeTotal 6510 Sqft
SizeTotalText 6510 Sqft
ZoningDescription R1
ZoningType Residential

Rooms

Level Type Dimensions
Main Level Kitchen 5'8 x 5'8
Main Level Patio 15'0 x 9'2
Main Level Sunroom 9'10 x 9'5
Main Level Laundry Room 6'7 x 5'9
Main Level Bathroom 4-Piece
Main Level Primary Bedroom 14'10 x 11'0
Main Level Bedroom 11'10 x 9'0
Main Level Family Room 11'5 x 11'0
Main Level Ensuite 3-Piece
Main Level Other 5'8 x 5'8
Main Level Bedroom 11'8 x 9'3
Main Level Kitchen 12'11 x 8'3
Main Level Dining Room 8'7 x 8'3
Main Level Living Room 15'5 x 12'9
Main Level Entrance 9'2 x 3'10

https://www.realtor.ca/real-estate/27086007/934-townsite-rd-nanaimo-central-nanaimo

Interested?

Contact us for more information


Lucas Pugh


RE/MAX Of Nanaimo
#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8

Rob Grey
Personal Real Estate Corporation


RE/MAX Of Nanaimo
#1 - 5140 Metral Drive
Nanaimo, British Columbia V9T 2K8

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