487 - 489 Winchester Ave, Nanaimo, BC, V9R 6A5

$1,186,000

MLS® # 976976

  • Open House
    Thu Sep. 26 3:30 PM - 5:30 PM

Investment For Sale In Harewood, Nanaimo, British Columbia

$1,186,000

Property Information:

Fantastic investment opportunity - a legal duplex with four separate units and lane access. Three of the units are currently rented, generating over $4800 per month in revenue. The property has recently been designated as COR1 zoning, allowing for future development potential; details of which can be confirmed with the City of Nanaimo. The current owners have kept the property very well maintained and done upgrades as needed. Recent upgrades include flooring, fresh paint, appliances, kitchen sinks and fixtures, kitchen cabinets and deck railings. See the feature sheet for the full list of upgrades. This is a great location near VIU and the amenities of University Village. For more information on this property see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental.

Property Features:

  • Bedrooms: 10
  • Bathrooms: 4
  • Annual Tax Amount: $5,854
  • Basement: Finished
  • Built in: 1980
  • Construction Materials: Frame Wood, Stucco
  • Cooling: None
  • Fireplace Features: Living Room
  • Floor Space (approx): 4500 Square Feet
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Laundry Features: Common Area
  • Lot Features: Landscaped, Recreation Nearby, Shopping Nearby
  • Lot Frontage: 10608 Square Feet
  • Lot Size: 10608.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Carport, Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Lane
  • Road Surface Type: Paved
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Zoning: COR1
  • Zoning Description: Residential/Commercial
  • Sewer:
  • No. of Parking Spaces: 8

Rooms:

  • Bathroom Main Level
  • Kitchen 2nd Level 2.72 m x 3.35 m
  • Other 2nd Level 3.86 m x 3.51 m
  • Bedroom Main Level 3.96 m x 3.10 m
  • Bathroom 2nd Level
  • Bedroom 2nd Level 2.90 m x 3.40 m
  • Dining 2nd Level 3.15 m x 3.07 m
  • Laundry Main Level 2.31 m x 2.41 m
  • Other Main Level 3.99 m x 5.46 m Note: Dining/Living Combo
  • Other 2nd Level 3.86 m x 3.51 m

Courtesy of: RE/MAX of Nanaimo

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.

Additional Photos