About 1601 Townsite Rd
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.
Basic Information
| Price | $640,000 |
|---|---|
| MLS® # | 1041657 |
| Sub-Type | Single Family Detached |
| Year Built | 1948 |
| Beds | 6 |
| Baths | 2.00 |
| Kitchens | 2 |
| Building SqFt | 1,963 |
| Lot Size | 0.24 Acres |
Location Information
| Address | 1601 Townsite Rd |
|---|---|
| Postal Code | V9S 1M9 |
| Area | Nanaimo |
| Sub Area | Central Nanaimo |
| Jurisdiction | City of Nanaimo |
| PID Number | 004-979-109 |
| View | Mountain(s) |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer To Lot |
| Heating | Baseboard, Electric |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In House |
| Parking | On Street |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Central Location |
Listing Details
| Office | Pemberton Holmes Ltd. (Pkvl) |
|---|
