About 12 Gillespie St
Attention savvy investors or first-time buyers! This charming 2-bedroom, 1-bathroom home offers coastal appeal and functional living near the waterfront. Enjoy 925 sq. ft. of cozy upper-level living featuring a sun-filled country kitchen, all-day ocean views, and the comfort of a newly installed gas-fired forced air furnace and hot water tank. Situated on an over 8571sqft rectangle lot(55.3x155.4ft), this versatile property features a detached powered workshop, garden shed, and a fully fenced yard with dual-side gated parking for excellent privacy and security, ample space for your RV, boat, and multiple vehicles. The full basement is currently used for storage and a secondary workshop, offering excellent future potential. There is also potential for multi-family redevelopment (up to 4 units in R5 zoning—buyer to verify with the City), making this a compelling long-term investment. With strong demand in the area, this is an outstanding opportunity. Vacant for Easy to show!
Basic Information
| Price | $599,900 |
|---|---|
| MLS® # | 1026633 |
| Sub-Type | Single Family Detached |
| Year Built | 1919 |
| Beds | 2 |
| Baths | 1.00 |
| Kitchens | 1 |
| Building SqFt | 2,050 |
| Lot Size | 0.20 Acres |
Location Information
| Address | 12 Gillespie St |
|---|---|
| Postal Code | V9R 6Y3 |
| Area | Nanaimo |
| Sub Area | South Nanaimo |
| Jurisdiction | City of Nanaimo |
| PID Number | 002-493-837 |
| View | Ocean |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Foundation Details | Pillar/Post/Pier, Poured Concrete |
| Property Condition | Resale |
| Laundry | In House |
| Parking | Additional, Detached, Driveway, On Street, Open, RV Access/Parking |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Easy Access, Family-Oriented Neighbourhood, Shopping Nearby |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|