Area: British Columbia
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Ocean View Duplex in North Nanaimo, those are words you don't see together very often. This well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. One side is currently occupied by fantastic tenants who would love to stay, the other is the current owner who has just updated their side with fresh paint and flooring upgrades. Each unit features a fully fenced yard with plenty of outdoor space for families, children, and pets. The rented side has been beautifully remodeled in recent years with high-end flooring, heated tile floors throughout, custom-designed bathrooms, and an outstanding kitchen with abundant cabinetry and workspace. The other side is equally inviting, offering a bright white kitchen, spacious bedrooms, attractive flooring, and a large laundry room. If you've been looking for an affordable way to get into the highly desirable North Nanaimo school catchment, this could be the perfect opportunity…live in one side while the rental income from the other helps offset your mortgage. The location is one of this property's greatest features. Set in a sought-after North Nanaimo neighbourhood, you'll enjoy an easy walk to Linley Valley Park, one of Nanaimo's most popular trail systems, perfect for hiking, walking the dog, or enjoying nature. Rutherford Hill Shopping Centre is also within walking distance, offering grocery stores, restaurants, cafés, and everyday conveniences. Several nearby playgrounds, parks, transit routes, excellent schools, and easy ocean access make this an exceptional location for families and tenants alike. From an investment perspective, it's worth comparing the long-term appreciation potential of a large ocean-view lot in North Nanaimo to similar investments in other areas of the city. (id:44056)

Property Details

Full Address:
5524-5526 Lost Lake Rd, Nanaimo, British Columbia
Price:
$ 979,900
MLS Number:
1041994
List Date:
July 3rd, 2026
Neighbourhood:
North Nanaimo
Lot Size:
10875 sq.ft.
Year Built:
1980
Taxes:
$ 5,431

Interior Features

Bedrooms:
6
Bathrooms:
4
Air Conditioning:
None
Heating:
Baseboard heaters, Electric
Fireplaces:
1

Building Features

Zoning:
Residential
Garage Spaces:
3
Ownership Type:
Freehold
Taxes:
$ 5,431

Floors

Finished Area:
2900 sq.ft.

Land

View:
Ocean view
Lot Size:
10875 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Scott Parker REMAX Professionals (NA)
 250-751-1223
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Listing Agent(s)

Listing: Scott Parker
REMAX Professionals (NA)

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