$599,000

House For Sale In Townsite, Nanaimo, British Columbia

$599,000
  • 3

    Bedrooms

  • 2

    Baths

  • 7840.00 Square Feet

    Lot Size

Property Information:

Fantastic Multifamily Development Potential! This expansive, R8-zoned corner lot is ideal for building a four-plex. The property currently boasts a charming 3-bedroom, 2-bath character home (circa 1905) with an additional 1-bedroom suite. Perfectly situated near Departure Bay ferry terminal, bus routes, shopping, schools, parks, and major highways, this location offers unbeatable convenience for future residents. With two existing water connections, expansion is more straightforward. The property also features mature fruit trees and a thriving salon business. Sold as-is, this is an excellent opportunity for developers and investors alike. Don’t miss out—this versatile property won’t stay on the market for long! All measurements are approximate; buyers to verify if deemed important.

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Annual Tax Amount: $3,840
  • Architectural Style: Character
  • Basement: None
  • Built in: 1905
  • Construction Materials: Block, Wood
  • Cooling: None
  • Floor Space (approx): 2535 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard
  • Laundry Features: In House
  • Lot Features: Central Location, Corner Lot, Level, Marina Nearby, Shopping Nearby
  • Lot Frontage: 7840 Square Feet
  • Lot Size: 7840.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Additional Parking, Detached, Driveway, Garage, On Street
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning: R8
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 4

Rooms:

  • Storage Main Level 3.40 m x 1.70 m
  • Living 2nd Level 5.23 m x 3.66 m
  • Other 2nd Level 2.49 m x 2.26 m
  • Bedroom 2nd Level 3.23 m x 2.67 m
  • Bathroom Main Level
  • Bedroom Main Level 3.12 m x 2.26 m
  • Sun Room Main Level 2.95 m x 1.90 m
  • Kitchen 2nd Level 3.43 m x 3.23 m
  • Studio Main Level 4.57 m x 4.32 m
  • Other Main Level 3.28 m x 3.25 m

Courtesy of: eXp Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.