1601 Townsite Rd, Nanaimo, BC

$640,000

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6

Beds

2

Baths

1,963

Square feet

0.24

Acres

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

OfficePemberton Holmes Ltd. (Pkvl)

Listing Map