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934 Townsite Rd Nanaimo, British Columbia V9S 1M1

3 Bedroom 2 Bathroom 1838 sqft
None Forced Air

$634,900

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 $2875/month in rental income, this property offers financial flexibility while you plan your next move. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, 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. (id:52782)

Property Details

MLS® Number 967015
Property Type Single Family
Neigbourhood Central Nanaimo
Features Central Location, Level Lot, Park Setting, Southern Exposure, Partially Cleared, Other, Rectangular, Marine Oriented
Parking Space Total 1
Structure Patio(s)

Building

Bathroom Total 2
Bedrooms Total 3
Constructed Date 1953
Cooling Type None
Heating Fuel Electric, Natural Gas
Heating Type Forced Air
Size Interior 1838 Sqft
Total Finished Area 1360 Sqft
Type House

Land

Acreage No
Size Irregular 6510
Size Total 6510 Sqft
Size Total Text 6510 Sqft
Zoning Description R1
Zoning Type Residential

Rooms

Level Type Dimensions
Main Level Kitchen 5'8 x 5'8
Main Level Patio 15'0 x 9'2
Main Level Sunroom 9'10 x 9'5
Main Level Laundry Room 6'7 x 5'9
Main Level Bathroom 4-Piece
Main Level Primary Bedroom 14'10 x 11'0
Main Level Bedroom 11'10 x 9'0
Main Level Family Room 11'5 x 11'0
Main Level Ensuite 3-Piece
Main Level Other 5'8 x 5'8
Main Level Bedroom 11'8 x 9'3
Main Level Kitchen 12'11 x 8'3
Main Level Dining Room 8'7 x 8'3
Main Level Living Room 15'5 x 12'9
Main Level Entrance 9'2 x 3'10

https://www.realtor.ca/real-estate/27086007/934-townsite-rd-nanaimo-central-nanaimo

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