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. (id:44056)

Property Details

Full Address:
1575 Townsite Rd, Nanaimo, British Columbia
Price:
$ 749,000
MLS Number:
1014831
List Date:
September 25th, 2025
Lot Size:
11953 sq.ft.
Year Built:
1968
Taxes:
$ 2,716

Interior Features

Bedrooms:
5
Bathrooms:
3
Air Conditioning:
None
Heating:
Electric

Building Features

Zoning:
Multi-Family
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 2,716

Floors

Finished Area:
2107 sq.ft.
Main Floor:
2107 sq.ft.

Land

Lot Size:
11953 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Larry McNabb
REMAX Professionals (NA)

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