Investment Opportunity in Central Nanaimo
Discover this versatile legal duplex with a bonus unauthorized suite, ideally situated in a sought-after rental hub near Vancouver Island University, Nanaimo Regional General Hospital, public transit, and major shopping centers.
This income-generating property offers three separate suites:
Two 2-bedroom, 1-bath units
One 1-bedroom, 1-bath suite
Enjoy stunning views of Mt. Benson, two separate hydro meters, a covered carport with parking for two vehicles, and a spacious 11,000 sq.ft. lot. Whether you're looking to live in one unit while renting out the others, or fully lease all three, this property is well-positioned to capitalize on Nanaimo’s low vacancy rates and strong rental demand.
Currently tenanted, it's a turnkey opportunity to start or expand your real estate portfolio.
Address
1575 Townsite Rd
List Price
$749,000
Property Type
Residential
Type of Dwelling
Full Duplex
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
5
Bathrooms
3
Floor Area
2,107 Sq. Ft.
Lot Size
11953 Sq. Ft.
Lot Size (Acres)
0.27 Ac.
Year Built
1968
MLS® Number
1014831
Listing Brokerage
REMAX Professionals
Basement Area
Finished
Postal Code
V9S 1M9
Tax Amount
$2,715.97
Tax Year
2020
Features
Electric