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Home BC Greater Nanaimo Nanaimo Townsite
934 Townsite Rd
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934 Townsite Rd $549,900
$549,900
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934 Townsite Rd
Nanaimo, British Columbia V9S1M1

MLS® Number: 978599
3
Bedrooms
2
Bathrooms
1838
Square Feet

Listing Description

Attention Investors! Here's your chance to seize a prime redevelopment opportunity in central Nanaimo. This 6510 sqft flat lot boasts dual road frontages and is serviced with water, sewer, and natural gas, setting the stage for a variety of development possibilities. Currently generating $1900/month in rental income with a potential for $2850-$3200/month ( bachelor suite is vacant ), this property offers financial flexibility while you plan your next move or is ideal for first-time buyers with some TLC and good long term holding value with two road frontages and flat land. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, a sunroom, and a separate 1 bed, 1 bath suite that can easily be integrated. Additional perks include a 5'9'' basement for storage, recent updates such as new floors, paint, and bathroom fixtures, plus a roof approximately 10-15 years old. Parking is abundant with space for cars or RVs, and there's potential to add a workshop or detached garage with access from Eberts Street. Located within minutes of Nanaimo Hospital, Vancouver Island University, Departure Bay Beach/Ferries, and other key amenities, this property promises both convenience and growth potential. Don't miss out on this rare opportunity to capitalize on Nanaimo's real estate market! All measurements are approximate and should be verified if important. (28519520)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1838 sqft
Neighbourhood Name
Central Nanaimo
Title
Freehold
Land Size
6510 sqft
Built in
1953
Annual Property Taxes
$3,443
Total Parking Spaces
1
Time on REALTOR.ca
37 days

Price and Sale History

Date Status Price
Nov 12, 2020 Sale Closed $369,325

Building

Bathrooms
Total
2
Building Features
Features
Central location, Level lot, Park setting, Southern exposure, Partially cleared, Other, Rectangular, Marine Oriented
Structures
Patio(s)
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Electric), (Natural gas)
Parking
Total Parking Spaces
1

Measurements

Square Footage
1838 sqft
Total Finished Area
1360 sqft

Rooms

MetricImperial
Main level
Kitchen
Patio
Sunroom
Laundry room
Bathroom
Primary Bedroom
Bedroom
Family room
Ensuite
Other
Bedroom
Kitchen
Dining room
Living room
Entrance

Land

Other Property Information
Zoning Description
R1
Zoning Type
Residential
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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