Area: British Columbia
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Investment Opportunity in Central Nanaimo. Priced below assessed value!! 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:
$ 739,000
MLS Number:
1033554
List Date:
April 27th, 2026
Neighbourhood:
Central Nanaimo
Year Built:
1968
Taxes:
$ 5,209

Interior Features

Bedrooms:
5
Bathrooms:
3
Air Conditioning:
See Remarks
Heating:
Baseboard heaters, Electric

Building Features

Zoning:
Multi-Family
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 5,209

Floors

Finished Area:
2107 sq.ft.

Land

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Larry McNabb REMAX Professionals (NA)
 250-714-6051
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Listing Agent(s)

Listing: Larry McNabb
REMAX Professionals (NA)

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