About 1575 Townsite Rd
Investment Opportunity in Central Nanaimo Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers. This income-generating property offers three separate suites: Two 2-bedroom, 1-bath units One 1-bedroom, 1-bath suite Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand. Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.
Basic Information
| Price | $749,000 |
|---|---|
| MLS® # | 1014831 |
| Sub-Type | Full Duplex |
| Year Built | 1968 |
| Beds | 5 |
| Baths | 3.00 |
| Kitchens | 2 |
| Building SqFt | 2,107 |
| Lot Size | 0.27 Acres |
Location Information
| Address | 1575 Townsite Rd |
|---|---|
| Postal Code | V9S 1M9 |
| Area | Nanaimo |
| Sub Area | Central Nanaimo |
| Jurisdiction | City of Nanaimo |
| PID Number | 005-656-125 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Electric |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In House |
| Parking | Carport Double, Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | REMAX Professionals |
|---|